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    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
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  "fact-619": {
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    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
    "unit": "iso4217:GBP"
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    "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-621": {
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   "dimensions": {
    "concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-622": {
   "value": "92000000",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-623": {
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   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-624": {
   "value": "16487000000",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-625": {
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   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2024-01-01T00:00:00",
    "unit": "iso4217:GBP"
   }
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  "fact-626": {
   "value": "35784000000",
   "decimals": -6,
   "dimensions": {
    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-19": {
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    "concept": "legalandgeneral:UKCorporationTaxIncludedInTaxPaid",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-16": {
   "value": "358000000",
   "decimals": -6,
   "dimensions": {
    "concept": "legalandgeneral:UKCorporationTaxIncludedInTaxPaid",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-20": {
   "value": "179000000",
   "decimals": -6,
   "dimensions": {
    "concept": "legalandgeneral:WithholdingTaxIncludedInTaxPaid",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
    "unit": "iso4217:GBP"
   }
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  "fact-17": {
   "value": "204000000",
   "decimals": -6,
   "dimensions": {
    "concept": "legalandgeneral:WithholdingTaxIncludedInTaxPaid",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-21": {
   "value": "7000000",
   "decimals": -6,
   "dimensions": {
    "concept": "legalandgeneral:OverseasCoporateTaxRefundIncludedInTaxPaid",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
    "unit": "iso4217:GBP"
   }
  },
  "fact-18": {
   "value": "8000000",
   "decimals": -6,
   "dimensions": {
    "concept": "legalandgeneral:OverseasCoporateTaxRefundIncludedInTaxPaid",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:GBP"
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  "fact-630": {
   "value": "<div class=\"t m1 h13 ff10c fsa fc5 sc0 ls4 ws3 gsce\">1 Bas<span class=\"_ _0\"></span>is of p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gscf\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc<span class=\"_ _0\"></span>, a publ<span class=\"_ _0\"></span>ic lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d and do<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ed in En<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d Wales<span class=\"_ _0\"></span>, ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss four br<span class=\"_ _0\"></span>oad bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss are<span class=\"_ _0\"></span>as </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gsd0\">of re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h it<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies a<span class=\"_ _0\"></span>nd as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Un<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om (<span class=\"_ _0\"></span>U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>), t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd1\">Un<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes (U<span class=\"_ _0\"></span>S) and oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the worl<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls5e wsc gsd2\">(i) Basis of<span class=\"_ _3\"></span> preparation<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd3\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d in acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h UK-<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd4\">Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g S<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds (IF<span class=\"_ _0\"></span>RS) as issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al Acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g S<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s Boar<span class=\"_ _0\"></span>d (IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B), </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd5\">an<span class=\"_ _0\"></span>d rela<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e. End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Boar<span class=\"_ _0\"></span>d (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>EB). The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd6\">fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cos<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, as modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed by the reva<span class=\"_ _0\"></span>lua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd7\">at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts) at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd8\">pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsd9\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h sta<span class=\"_ _0\"></span>te fair<span class=\"_ _0\"></span>ly it<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and cas<span class=\"_ _0\"></span>h flows for a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gsda\">Th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es have b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to al<span class=\"_ _0\"></span>l yea<span class=\"_ _0\"></span>rs p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsdb\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t unl<span class=\"_ _0\"></span>ess a leg<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y enfo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e righ<span class=\"_ _0\"></span>t of offs<span class=\"_ _0\"></span>et exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsdc\">the<span class=\"_ _0\"></span>re is an inte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d amou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basi<span class=\"_ _0\"></span>s. Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me and ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s are not of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gsdd\">re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d or p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>ny ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d or I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial R<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e (I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C) inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, as d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gsde\">in th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls5d ws68 gsdf\">(ii) Going<span class=\"_ _3\"></span> concern<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gse0\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ties<span class=\"_ _0\"></span>, to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs l<span class=\"_ _0\"></span>ikel<span class=\"_ _0\"></span>y to af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct i<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gse1\">env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t in this An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t &amp; <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, its ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gse2\">are de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d in thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ris<span class=\"_ _0\"></span>ks and un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed on pag<span class=\"_ _0\"></span>es 56 to 59.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gse3\">Th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s have ma<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s goin<span class=\"_ _0\"></span>g c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>oth t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k for a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gse4\">lea<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t not lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d to, 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs fro<span class=\"_ _0\"></span>m the date of app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up to <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gse5\">date of iss<span class=\"_ _0\"></span>ue of this An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t &amp; acco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gse6\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es and mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s its ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>es var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us str<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>se infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, to </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gse7\">tho<span class=\"_ _0\"></span>se p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>rom m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket d<span class=\"_ _0\"></span>own<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns. O<span class=\"_ _0\"></span>ur ke<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d the i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>n ou<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fro<span class=\"_ _0\"></span>m a ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gse8\">of st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.01 of th<span class=\"_ _0\"></span>e Ful<span class=\"_ _0\"></span>l year r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in t<span class=\"_ _0\"></span>he 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 Pr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t</div><div class=\"t m1 h32 ff10e fs16 fc0 sc0 ls4 ws3 gse9\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gsea\">. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ses d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t gi<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>se to any<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gseb\">mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>es over the ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the Gro<span class=\"_ _0\"></span>up to con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ue as a goin<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n. Bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on the avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r that<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsec\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has the pla<span class=\"_ _0\"></span>ns and re<span class=\"_ _0\"></span>sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to mana<span class=\"_ _0\"></span>ge it<span class=\"_ _0\"></span>s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ris<span class=\"_ _0\"></span>ks suc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and that it re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ins fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y stro<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d well dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsed\">Havi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e prin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l risks an<span class=\"_ _0\"></span>d unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (bo<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) in ligh<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, as de<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d on </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsee\">pag<span class=\"_ _0\"></span>es 56 to 59, the dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s are co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any wil<span class=\"_ _0\"></span>l have suffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ue to mee<span class=\"_ _0\"></span>t its lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies as they fal<span class=\"_ _0\"></span>l due for<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsef\">a per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of, <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>t not lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d to, 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs fro<span class=\"_ _0\"></span>m the date of app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e have cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d it ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf0\">the go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n basis of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gsf1\">(ii<span class=\"_ _0\"></span>i) New s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to pub<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf2\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t time in it<span class=\"_ _0\"></span>s ann<span class=\"_ _0\"></span>ual re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls0 ws3 gsf3\">IF<span class=\"_ _0\"></span>RS 17 \u2013 Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf4\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 and IFR<span class=\"_ _0\"></span>S 9, \u2018Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 for the fir<span class=\"_ _0\"></span>st ti<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf5\">have bro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ht si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly, and have had<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf6\">a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of init<span class=\"_ _0\"></span>ial ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf7\">IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019 was ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in May 201<span class=\"_ _3\"></span>7 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, and su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts we<span class=\"_ _0\"></span>re issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in Jun<span class=\"_ _0\"></span>e 2020<span class=\"_ _0\"></span>. Endo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf8\">for use in the U<span class=\"_ _0\"></span>K was gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>2. Th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 4, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019, and has bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly, in line wit<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsf9\">tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed for in the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>es a com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch for ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gsfa\">measurement, income stat<span class=\"_ _3\"></span>ement presentation<span class=\"_ _3\"></span> and disclosur<span class=\"_ _3\"></span>e. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsfb\">IF<span class=\"_ _0\"></span>RS 9, \u2018F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts\u2019 was iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in Jul<span class=\"_ _0\"></span>y 201<span class=\"_ _3\"></span>4 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve for ann<span class=\"_ _0\"></span>ual pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng on or af<span class=\"_ _0\"></span>ter 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 201<span class=\"_ _3\"></span>8. Th<span class=\"_ _0\"></span>e IA<span class=\"_ _0\"></span>SB<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsfc\">su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d \u2018<span class=\"_ _c\"></span>A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IFR<span class=\"_ _0\"></span>S 4: App<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h IFR<span class=\"_ _0\"></span>S 4 <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s\u2019 whic<span class=\"_ _0\"></span>h allo<span class=\"_ _0\"></span>wed en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsfd\">me<span class=\"_ _0\"></span>t cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to defer the<span class=\"_ _0\"></span>ir im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l adop<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts\u2019 or 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, whic<span class=\"_ _0\"></span>heve<span class=\"_ _0\"></span>r is the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsfe\">ear<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er. <span class=\"_ _3\"></span>In Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>, the IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y exemp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in IF<span class=\"_ _0\"></span>RS 4 from ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng IF<span class=\"_ _0\"></span>RS 9 to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ods be<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>inn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gsff\">af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d made use of this def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, and has th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9 for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs100\">20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IA<span class=\"_ _0\"></span>S 39, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d Meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s new pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs101\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>es an im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs102\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d new req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g. IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs103\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the new ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs104\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>1 of th<span class=\"_ _0\"></span>e Fu<span class=\"_ _0\"></span>ll ye<span class=\"_ _0\"></span>ar r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 P<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt R<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t is u<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs106\">IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y and pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h all res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ear<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs107\">lab<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d as s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>his r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs108\">Pr<span class=\"_ _0\"></span>ior pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>was ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs109\">st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng 30 Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>23. Th<span class=\"_ _0\"></span>is info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on was una<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Sin<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt of the det<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d work an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs10a\">rev<span class=\"_ _0\"></span>iew un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se the nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in this re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch has now be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n audi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs10b\">now be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the prio<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. Th<span class=\"_ _0\"></span>is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Chan<span class=\"_ _0\"></span>ge in inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs10c\">O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with no im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t on pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t. In tota<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs10d\">own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the pare<span class=\"_ _0\"></span>nt was an inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase of \u00a31<span class=\"_ _3\"></span>9m as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, and a decr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a34<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>m as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs10e\">As at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>ne ite<span class=\"_ _0\"></span>ms in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Cons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow. </div><div class=\"gs10f\"><table class=\"s w18c h139\" id=\"_3e67ff51-8103-48f2-ade9-886d78975dd1\"><tr><td></td><td class=\"t m1 x3fb h1b y31b5 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fc h1b y31b6 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td class=\"t m1 x3fd h1b y31b7 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x3fe h1b y31b8 ff10c fs2 fc0 sc0 ls91 wsda\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3ff h1b y31b9 ff10c fs2 fc0 sc0 ls4 ws3\">du<span class=\"_ _0\"></span>e to a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>f </td><td class=\"t m1 x400 h1b y31ba ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x401 h1b y31bb ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x226 h1b y31bc ff10c fs2 fc0 sc0 ls3a ws46\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x402 h1b y31bd ff10c fs2 fc0 sc0 ls34 ws41\">(<span class=\"_ _3\"></span>as reported)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x403 h1b y31be ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9 a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x404 h1b y31bf ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 9<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y31c0 ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h1b y31c1 ff10c fs2 fc0 sc0 ls114 wsa1\">(restated)<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y31c2 ff10d fs2 fc0 sc0 ls4 ws3\">Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t it<span class=\"_ _0\"></span>em<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x406 h1b y31c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y31c4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y31c5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y31c6 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y31c7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31c8 w18d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Financial investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40a y31c8 w18e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40b y31c8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(29)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40c y31c8 w18f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40d y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40e y31c8 w190 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff10e fs6 fc0 sc0 lse wsc\">Net insuranc<span class=\"_ _0\"></span>e contrac<span class=\"_ _0\"></span>t liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x40f y31ca w191 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(82<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x410 y31ca w192 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x411 y31ca w110 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x412 y31ca w193 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x413 y31ca w194 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w195 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Net deferred tax (liabili<span class=\"_ _0\"></span>ties)<span class=\"_ _3\"></span>/assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x414 y31cb w196 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(2<span class=\"_ _0\"></span>49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x415 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x416 y31cb w197 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x417 y31cb w198 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x418 y31cb w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x419 y31cc w19a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _c\"></span>444,9<span class=\"_ _3\"></span>94<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41a y31cc w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">228<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41b y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41c y31cc w19b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41d y31cc w19c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _3\"></span>444,<span class=\"_ _3\"></span>799<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w19d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41e y312a w19e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x420 y312a w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x421 y312a w19f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls13 ws17\">(<span class=\"_ _3\"></span>4,988<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y312a wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">4<span class=\"_ _0\"></span>,96<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs110\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs111\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>f re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs112\">Th<span class=\"_ _0\"></span>e ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the new acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds doe<span class=\"_ _0\"></span>s not cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the tota<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d over the life of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, nor th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs113\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>cs o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>s not c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y, solve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on no<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ayi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls82 ws85 gs114\">capacity or<span class=\"_ _3\"></span> appetite.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls0 ws3 gs115\">T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs116\">On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the full re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h unl<span class=\"_ _0\"></span>ess im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e full re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls9e wsa0 gs117\">Gr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p to:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs118\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re eac<span class=\"_ _0\"></span>h gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts as if IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 had alw<span class=\"_ _0\"></span>ays app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs119\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise any exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es that wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>t exis<span class=\"_ _0\"></span>t had IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 always app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs11a\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise a<span class=\"_ _0\"></span>ny re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>et d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs11b\">If it was imp<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to appl<span class=\"_ _0\"></span>y a full ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch to a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has c<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>en be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs11c\">ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h and the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. If the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not obt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs11d\">re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs11e\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios on tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, by year of issu<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></div><div class=\"gs11f\"><table class=\"s w1a0 h13a\" id=\"_c53dd762-a054-4863-8c05-550690a07eff\"><tr><td class=\"c n x1e5 y31ce w1a1 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">T<span class=\"_ _c\"></span>ransition approach<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x424 y31ce w1a2 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls114 wsa1\">Annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x425 y31ce w1a3 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">UK<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x426 y31ce w1a4 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">US<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cf w1a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Full retrospective<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x427 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x428 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x429 y31cf w1a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">2021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31d0 w1a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42a y31d0 w1a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42b y31d0 w1aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>2-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42c y31d0 w1ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _3\"></span>1-2020<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Fair value<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42d y312a w1ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-2016<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42e y312a w1ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _6\"></span>-201<span class=\"_ _3\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42f y312a w1af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls7a ws80 gs120\">Full retrospective approach<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs121\">For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs122\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) fro<span class=\"_ _0\"></span>m the inc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs123\">date o<span class=\"_ _0\"></span>f the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to the d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs124\">Th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h has b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re: t<span class=\"_ _0\"></span>he ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs125\">be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed has no<span class=\"_ _0\"></span>t bee<span class=\"_ _0\"></span>n col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted (or not wit<span class=\"_ _0\"></span>h suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gra<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y); appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on wou<span class=\"_ _0\"></span>ld req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re the ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of hind<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t;<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs126\">or info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is unava<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bec<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se of syste<span class=\"_ _0\"></span>m mig<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, data re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts or oth<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>ns. S<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c examp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs127\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ca<span class=\"_ _0\"></span>lib<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as the sca<span class=\"_ _0\"></span>le of the ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs128\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s abo<span class=\"_ _0\"></span>ut a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>ks of bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g one<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs129\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows and di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of cas<span class=\"_ _0\"></span>h flows on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs12a\">su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es on a ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve basis;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs12b\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te fixed and var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds to grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies do no<span class=\"_ _0\"></span>t </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs12c\">re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re su<span class=\"_ _0\"></span>ch info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs12d\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ey we<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n an o<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 hc9 ff116 fs0 fc0 sc0 ls0 ws0 gs12f\">Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs130\">Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h is to <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>eve the clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>st ou<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le us<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs131\">suppor<span class=\"_ _0\"></span>table in<span class=\"_ _3\"></span>formation<span class=\"_ _3\"></span> avai<span class=\"_ _3\"></span>lable without undue<span class=\"_ _3\"></span> cost or effort.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs132\">For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs133\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) exce<span class=\"_ _0\"></span>pt for th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs134\">ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n that<span class=\"_ _0\"></span>, for som<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>fore 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs135\">no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22 for th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of risk be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs136\">tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of ri<span class=\"_ _0\"></span>sk of s<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs137\">Th<span class=\"_ _0\"></span>is mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>en us<span class=\"_ _0\"></span>ed to avoid the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of hinds<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht to the cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in pri<span class=\"_ _0\"></span>or pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs138\">Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs139\">For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>en ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, the be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13a\">ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e Mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) of the liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13b\">for re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge at the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te, as the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13c\">flows me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at that da<span class=\"_ _0\"></span>te. In de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFRS 13, \u2018Fai<span class=\"_ _0\"></span>r V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e Mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019, excep<span class=\"_ _0\"></span>t for the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13d\">de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd de<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t floo<span class=\"_ _0\"></span>r requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13e\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>els a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13f\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te of re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R). Th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs140\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for use by a <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>rd par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y mar<span class=\"_ _0\"></span>ket par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs141\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs142\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ove<span class=\"_ _0\"></span>r the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs143\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls38 ws6a\">the require<span class=\"_ _0\"></span>d internal rate of return.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs144\">Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 used ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns at that da<span class=\"_ _0\"></span>te. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for each po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio we<span class=\"_ _0\"></span>re:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs145\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs146\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R an<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h we<span class=\"_ _0\"></span>re to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs147\">transactions whe<span class=\"_ _0\"></span>re ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs148\">Th<span class=\"_ _0\"></span>e net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fair valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h at tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was \u00a34.<span class=\"_ _c\"></span>1bn, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g \u00a33.9b<span class=\"_ _0\"></span>n for annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies an<span class=\"_ _0\"></span>d \u00a30.2<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n for </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs149\">pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. A reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y poss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fair val<span class=\"_ _0\"></span>ue C<span class=\"_ _0\"></span>SM de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed IR<span class=\"_ _0\"></span>R by 1<span class=\"_ _c\"></span>%<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14a\">wou<span class=\"_ _0\"></span>ld red<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n CS<span class=\"_ _0\"></span>M by \u00a30.3<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14b\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>han o<span class=\"_ _0\"></span>ne ye<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t in d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14c\">tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up did no<span class=\"_ _0\"></span>t have reaso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to disag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14d\">in<span class=\"_ _0\"></span>to tho<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>ne yea<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14e\">For po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14f\">pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss an<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. For thes<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the fair val<span class=\"_ _0\"></span>ue ap<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs150\">am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e at the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date has be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>ze<span class=\"_ _0\"></span>ro in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs151\">the transitional provisions of<span class=\"_ _3\"></span> the standa<span class=\"_ _0\"></span>rd.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5f ws44 gs152\">T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>nsition assumptio<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs153\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s at the date of tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are set ou<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>low.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5e wsc gs154\">(i) Mortalit<span class=\"_ _0\"></span>y and morbidity<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs155\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are s<span class=\"_ _0\"></span>et w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us M<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs156\">Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Bur<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>u (<span class=\"_ _3\"></span>CM<span class=\"_ _0\"></span>I), a sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y of the Inst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ute an<span class=\"_ _0\"></span>d Facu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>y of Act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or U<span class=\"_ _0\"></span>K deat<span class=\"_ _0\"></span>h reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. US assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>ons ar<span class=\"_ _0\"></span>e set wi<span class=\"_ _0\"></span>th </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs157\">refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n Ac<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>my of A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es. T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y-<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs158\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s w1b0 h13c\" id=\"_4c871c2e-bdf8-455c-a67b-11195ce94853\"><tr><td class=\"c n x1e5 y31d2 w1b1 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x430 y31d2 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y31d3 ff10c fs6 fc0 sc0 ls2b ws8d\">Non-link<span class=\"_ _3\"></span>ed individual<span class=\"_ _c\"></span> assurance business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31d4 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x432 he y31d5 ff10c fs6 fc0 sc0 lsd ws3\">90<span class=\"_ _0\"></span>% \u2013 92% T<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d6 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 he y31d7 ff10c fs6 fc0 sc0 lsd ws3\">58% \u2013 8<span class=\"_ _0\"></span>6% TM<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d8 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l il<span class=\"_ _0\"></span>ln<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x434 he y31d9 ff10c fs6 fc0 sc0 lsd ws3\">89% \u2013 132% AC<span class=\"_ _0\"></span>L0<span class=\"_ _0\"></span>8 S<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31da ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x435 he y31db ff10c fs6 fc0 sc0 lsd ws3\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>OA 2014 VB<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31dc ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pl<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 he y31dd ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F0<span class=\"_ _0\"></span>8 an<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31de ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life ove<span class=\"_ _0\"></span>r 50<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 he y31df ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n E<span class=\"_ _0\"></span>L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>15 and W<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f Lif<span class=\"_ _0\"></span>e Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n </td></tr><tr><td></td><td class=\"t m1 x438 he y31e0 ff10c fs6 fc0 sc0 ls16 ws25\">assumption<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y31e1 ff110 fs6 fc0 sc0 ls22 ws27\">Annuity business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31e2 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x439 he y31e3 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>NM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31e4 ff10f fs6 fc0 sc0 lsd ws15\">UK Ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x43a y31e5 w1b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Pension risk transfer<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43b y31e5 w1b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>CM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>CFA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x43a y31e6 w1b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Other annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43c y31e6 w1b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">65.9% \u2013 109.3<span class=\"_ _0\"></span>% PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA00<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y31e7 ff10f fs6 fc0 sc0 lsd ws15\">US an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d he y31e8 ff110 fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on RP<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>4 Hea<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>thy A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l tab<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs15b\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs15c\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs15d\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs15e\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs15f\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs160\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs161\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs162\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs163\">7<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs164\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of 1.0% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs165\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e at a r<span class=\"_ _0\"></span>ate o<span class=\"_ _0\"></span>f 0.5<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd 0<span class=\"_ _0\"></span>.75% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or fe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs166\">3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r ge<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, s<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy s<span class=\"_ _0\"></span>ize<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d yea<span class=\"_ _0\"></span>r, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs167\">4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>20 m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l wi<span class=\"_ _0\"></span>th a l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te of 1.5<span class=\"_ _0\"></span>% for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d 1.0% fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs168\">5. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g P<span class=\"_ _0\"></span>CX<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 wi<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>X<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o be u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>lk p<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 up t<span class=\"_ _0\"></span>o an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ge 5<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs169\">PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 f<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>ge 6<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d is a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o fem<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s usi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0. </div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs16a\">6. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o an a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>19 with t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs16b\">1.5% p.<span class=\"_ _0\"></span>a. u<span class=\"_ _0\"></span>p to ag<span class=\"_ _0\"></span>e 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0% a<span class=\"_ _0\"></span>t 11<span class=\"_ _3\"></span>0.<span class=\"ff10e\"> </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs16c\">Fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of 1.0% p<span class=\"_ _0\"></span>.a<span class=\"_ _0\"></span>. up to a<span class=\"_ _0\"></span>ge 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0<span class=\"_ _0\"></span>% at 110.<span class=\"ff10e\"> </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs16d\">Sm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a sm<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter (S<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>) val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>f 7<span class=\"_ _3\"></span>.5 ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to L<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al &amp; G<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ke p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a up to 2<span class=\"_ _0\"></span>019. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s </div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs16e\">ar<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s.<span class=\"ff10e\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs16f\">Fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, a fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. </div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs170\">Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s ab<span class=\"_ _0\"></span>ove i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up t<span class=\"_ _0\"></span>o ag<span class=\"_ _0\"></span>e 90<span class=\"_ _0\"></span>. Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ge 9<span class=\"_ _0\"></span>0 th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s is b<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d tow<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ag<span class=\"_ _0\"></span>e 105 o<span class=\"_ _0\"></span>nwa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls163 ws182 gs171\">7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">I<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e is M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018 for F<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>019 for M<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs172\">(ii) Valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rat<span class=\"_ _0\"></span>es of inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs173\">Th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d to disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt the ca<span class=\"_ _0\"></span>sh flows for th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of valui<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>uld re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the timi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs174\">ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of thos<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cas<span class=\"_ _0\"></span>h flows and cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved as inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs175\">ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th fu<span class=\"_ _0\"></span>ll te<span class=\"_ _0\"></span>rm s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs176\">In d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an ex<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sk is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld o<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs177\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>lowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k. I<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs178\">life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e no n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e, a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>his<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs179\">ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, ar<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e UK a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k of de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt fo<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs17a\">to 4<span class=\"_ _0\"></span>3b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>. For l<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted to \u00a3<span class=\"_ _0\"></span>0.6<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs17b\">For U<span class=\"_ _0\"></span>S and UK pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the yie<span class=\"_ _0\"></span>ld is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on not<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>A<span class=\"_ _6\"></span>A rate<span class=\"_ _0\"></span>d cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d cash<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs17c\">the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cash flo<span class=\"_ _0\"></span>ws. An ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce for ris<span class=\"_ _0\"></span>k is ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls7a ws80 gs17d\">notional por<span class=\"_ _0\"></span>tfolio assets. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs17e\">Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves use<span class=\"_ _0\"></span>d for the ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>es are sh<span class=\"_ _0\"></span>own be<span class=\"_ _0\"></span>low. The di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d to disco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the cas<span class=\"_ _0\"></span>h flows on the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs17f\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and the re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e cash flows on th<span class=\"_ _0\"></span>ose co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> </div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls91 wsda gs180\">4%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls91 wsda gs181\">3%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls91 wsda gs182\">2%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls91 wsda gs183\">1%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls91 wsda gs184\">0%<span class=\"_ _3ad\"> </span></div><div class=\"c w43 hcb gs185\"><div class=\"t m1 x0 h4 y19f2 ff118 fs0 fc0 sc0 ls92 wsa1\">1 January 2022<span class=\"_ _3\"></span> Discount Ra<span class=\"_ _3\"></span>tes<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x0 hcc y19f3 ff119 fs24 fc5 sc0 ls4 ws3\">\u25cf<span class=\"_ _3ad\"> </span></div></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls172 ws18f gs186\">GBP Ris<span class=\"_ _3\"></span>k-free<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff119 fs24 fc4 sc0 ls4 ws3 gs187\">\u25cf<span class=\"fs2 fc12\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls172 ws18f gs188\">Annuity GBP<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff119 fs24 fc12 sc0 ls4 ws3 gs189\">\u25cf<span class=\"fs2 fc5\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls34 ws41 gs18a\">Protection<span class=\"_ _3\"></span> GBP<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff119 fs24 fc8 sc0 ls4 ws3 gs18b\">\u25cf<span class=\"fs2 fc4\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls4 ws3 gs18c\">USD Risk-free<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff119 fs24 fcf sc0 ls4 ws3 gs18d\">\u25cf<span class=\"fs2 fc4\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls4 ws3 gs18e\">Annuities USD<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff119 fs24 fcb sc0 ls4 ws3 gs18f\">\u25cf<span class=\"fs2 fc4\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls34 ws41 gs190\">Protection<span class=\"_ _3\"></span> <span class=\"ls4 ws3\">USD<span class=\"_ _3ad\"> </span></span></div><div class=\"c w43 hcb gs185\"><div class=\"t ma x16e h11 y19f7 ff117 fs2 fc0 sc0 ls32 ws3d\">Rate</div></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls32 ws3 gs191\">Years ahead<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff117 fs2 fc0 sc0 ls4 ws3 gs192\">0<span class=\"_ _12e\"> </span><span class=\"ls32 ws3d\">10<span class=\"_ _14e\"> </span>20<span class=\"_ _1ca\"> </span>30<span class=\"_ _1ca\"> </span>40<span class=\"_ _1ca\"> </span>50<span class=\"_ _1ca\"> </span>60<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls38 ws6a gs194\">(iii) Persistenc<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div><div class=\"gs195\"><table class=\"s w1b7 h13e\" id=\"_aa7ab052-455c-443b-9495-3f9bb2a3606e\"><tr><td class=\"c n x1e5 y31e9 w1b8 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls114 wsa1\">Lapse Rates<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43e y31e9 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w1b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">UK Le<span class=\"_ _0\"></span>vel te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43f y31ea w1ba h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.0% \u2013 2<span class=\"_ _0\"></span>8.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w1bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x440 y31eb w1bc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.4% \u2013 15.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x441 y31ec w1be h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.<span class=\"_ _0\"></span>2% \u2013 31.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w1bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life (con<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al no<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x442 y31ed w1c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws126\">0.7<span class=\"_ _0\"></span>% \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _0\"></span>.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w1c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 10 <span class=\"_ _c\"></span>y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x443 y31ee w1c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 wsd7\">7.1%<span class=\"_ _6\"></span> \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w1c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 1<span class=\"_ _c\"></span>5 ye<span class=\"_ _0\"></span>ar gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x444 y31ef w1c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.<span class=\"_ _0\"></span>2% \u2013 5.<span class=\"_ _0\"></span>8%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w1c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 20 year g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x445 y31cb w1c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.0% \u2013 6<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 30 yea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x446 y31cc w1c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.<span class=\"_ _c\"></span>1% \u2013 6.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l Lif<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y312a w1ca h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">2.7<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs196\">(iv) Ris<span class=\"_ _0\"></span>k Adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs197\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tes it<span class=\"_ _0\"></span>s risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt usi<span class=\"_ _0\"></span>ng a Provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for Adve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e Devi<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (PAD<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs198\">no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d over and ab<span class=\"_ _0\"></span>ove the bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (whic<span class=\"_ _0\"></span>h var<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs199\">by risk<span class=\"_ _0\"></span>) are cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>ch tha<span class=\"_ _0\"></span>t the total Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d alig<span class=\"_ _0\"></span>ns to the Gro<span class=\"_ _0\"></span>up\u2019s view of com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>ks and th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs19a\">ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t level is re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d for tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. Fo<span class=\"_ _0\"></span>r the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of risks<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs19b\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to an 85th pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs19c\">Value<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>isk (<span class=\"_ _0\"></span>VaR) me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>his VaR meas<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on how non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s beh<span class=\"_ _0\"></span>ave (<span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k dis<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs19d\">ris<span class=\"_ _0\"></span>ks acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up (risk co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the cos<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in plac<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on). This is con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th how ris<span class=\"_ _0\"></span>ks </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs19e\">are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for and mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up. We have esti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l for the ent<span class=\"_ _0\"></span>ire Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p on a <span class=\"_ _3\"></span>mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r basis<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs19f\">wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the key <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. Ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 is align<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>a c<span class=\"_ _c\"></span>75t<span class=\"_ _0\"></span>h per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs1a0\">leve<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nof<span class=\"_ _0\"></span>f of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs1a1\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1a2\">Th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 can be at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted to the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span></div><div class=\"gs1a3\"><table class=\"s w1cb h13f\" id=\"_b2eb91a3-2740-4cb5-bb50-2387969f7a81\"><tr><td></td><td class=\"t m1 x448 h1b y31f0 ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>et<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x449 h1b y31f1 ff10c fs2 fc0 sc0 ls115 ws8d\">insurance con<span class=\"_ _3\"></span>tract liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x44a h1b y31f2 ff10c fs2 fc0 sc0 ls4 ws3\">on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e3 h1b y31f3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y31f4 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s: th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 cas<span class=\"_ _0\"></span>h flows ar<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e all pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ins in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 4 </td><td></td></tr><tr><td class=\"t m1 x1ec ha y31f5 ff10e fs6 fc0 sc0 lsd ws3\">lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>al of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> </td><td></td></tr><tr><td class=\"c n x1e5 y31f6 w1cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n a low<span class=\"_ _0\"></span>er b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44b y31f6 w1cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls14 ws2d\">7<span class=\"_ _c\"></span>,484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w1ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t: I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44c y31f7 w1cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w1d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M: de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d above an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e une<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44d y31f8 w1d1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44e y312a w1d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls0 ws3 gs1a4\">T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1a5\">On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1a6\">In lin<span class=\"_ _0\"></span>e with IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd do<span class=\"_ _0\"></span>es not ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1a7\">de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d a \u2018class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay<span class=\"_ _0\"></span>\u2019 as all<span class=\"_ _0\"></span>owed by the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 at </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1a8\">the sa<span class=\"_ _0\"></span>me tim<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion as if the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1a9\">re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>d bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to such as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, irre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1aa\">For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls have bee<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed as at the date of ini<span class=\"_ _0\"></span>tial ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ab\">have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in all per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d. If an asse<span class=\"_ _0\"></span>t was in sco<span class=\"_ _0\"></span>pe of the clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n overl<span class=\"_ _0\"></span>ay desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ac\">cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of eac<span class=\"_ _0\"></span>h fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et in the co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds wi<span class=\"_ _0\"></span>th wha<span class=\"_ _0\"></span>t it exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d it woul<span class=\"_ _0\"></span>d have bee<span class=\"_ _0\"></span>n on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ad\">Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h asses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on date<span class=\"_ _0\"></span>. Any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ae\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the I<span class=\"_ _0\"></span>AS 39 car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 or <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1af\">cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over<span class=\"_ _0\"></span>lay was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b0\">For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r as <span class=\"_ _3\"></span>at 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 the<span class=\"_ _0\"></span>re had be<span class=\"_ _0\"></span>en a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k as comp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b1\">to the date tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was ini<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed a 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h or lifet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e ECL acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. The Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b2\">im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on its boo<span class=\"_ _0\"></span>ks du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>o the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b3\">ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore an ass<span class=\"_ _0\"></span>et was de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, any exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b4\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds wer<span class=\"_ _0\"></span>e rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al. O<span class=\"_ _0\"></span>n tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mad<span class=\"_ _0\"></span>e use of a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y it can be<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b5\">ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed tha<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k on a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has not in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs1b6\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to have l<span class=\"_ _0\"></span>ow c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te (e.g. inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b8\">On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 39 was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in open<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. Ho<span class=\"_ _0\"></span>wever, if this </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1b9\">re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t at FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l and opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ite move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t was refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the OCI res<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ba\">Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. All he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IAS 39 at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1bb\">31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 me<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3 and we<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed as co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hed<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls7a wsa6 gs1bc\">relationships.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc9 ff116 fs0 fc0 sc0 ls5e wsa3 gs1bd\">Classification and <span class=\"_ _3\"></span>measure<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1be\">Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ies un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 and the new me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>for ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1bf\">of the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s as at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g the rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>s for any rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s out of the F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>y. No chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1c0\">cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 9.<span class=\"_ _3ad\"> </span></div><div class=\"gs1c1\"><table class=\"s w1d4 h140\" id=\"_c8af44a5-e5fe-4cb4-a282-b884bd3b7133\"><tr><td></td><td></td><td></td><td class=\"t m1 x44f h1b y31f9 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x450 h1b y31fa ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y31fb ff10c fs2 fc0 sc0 ls35 ws42\">(before </td><td></td><td></td><td></td><td class=\"t m1 x451 h1b y31fb ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x452 h1b y31fc ff10c fs2 fc0 sc0 ls132 ws12c\">IAS 39<span class=\"_ _3\"></span> measuremen<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x453 y31fe w1d5 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">remeasurement)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x454 y31fe w1d6 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasureme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x455 h1b y31ff ff10c fs2 fc0 sc0 ls132 ws12c\" colspan=\"2\">IFRS 9 measurement<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x456 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x457 h1b y3200 ff10c fs2 fc0 sc0 ls34 ws41\">ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3200 ff10c fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x452 h1b y3201 ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></td><td class=\"c n x45a y3202 w1d7 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45b y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x2a8 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x45c y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45d y3202 w1d9 h141\"><div class=\"t m1 x1e4 h1b y31fd ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x228 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3203 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3204 w1da h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 ls4 ws3\">Equity securities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45e y3204 w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3205 w1dc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x460 y3205 w1dd h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x224 he y3206 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3207 w1de h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x461 y3207 w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3207 w1df h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x462 y3207 w1e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x463 y3207 w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x464 he y3208 ff10c fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x465 y3209 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x466 y3209 w1e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y320a w1e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 T<span class=\"_ _c\"></span>o de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x467 y320a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320b w1e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x468 y320b w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320b w1e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46a y320b w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x46b he y320c ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y320d w1e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46c y320d w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320e w1e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46d y320e w1ea h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FVT<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x459 he y320f ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3210 w1eb h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x46e y3210 w1ec h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">444,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46f y3210 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x470 y3210 w1ec h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">438,233<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3211 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments \u2013 ava<span class=\"_ _3\"></span>ilable for sale<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3212 w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x471 y3212 w1ee h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">AFS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y3212 w93 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">789<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x473 y3212 w1ef h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y3213 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x474 y3213 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>89)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3214 w1f1 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x475 y3214 w1f2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x476 y3214 w1f3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3215 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FVOCI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3216 w1f4 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">Debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x477 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x478 y3216 w1f6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x479 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y3217 w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47a y3217 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3218 w1f9 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47b y3218 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x47c y3218 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3219 w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x47d y3219 w1fb h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3\"></span>5,44<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47e y3219 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47f y3219 w1fc h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y321a ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at amortised cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y321b w1e6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x480 y321b w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y321c w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x482 y321c w111 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lse2 wsec\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y321c w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x484 y321c w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x485 y321d w106 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x486 y321d w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y321d w200 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x488 y321d w201 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x489 y321d w202 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y321e w203 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48a y321e w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">789<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y321f w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48b y321f w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w206 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x48c y3220 w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48d y3220 we2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,73<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48e y3220 w207 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48f y3220 w208 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>118<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x490 y3220 wb7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3221 ff110 fs6 fc0 sc0 lsd ws15\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3222 w209 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Reinsurance receivabl<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x491 y3222 w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y31ed w20b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">291<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x492 y31ed w20c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3223 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w20d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">Insurance and intermediaries<span class=\"_ _3\"></span> receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x494 y31ee w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y31ee w20e h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x495 y31ee w20f h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3224 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w210 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Other receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x496 y31ef w211 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L<span class=\"_ _0\"></span>&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x497 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x498 y31ef w17a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y31ef w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x499 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w212 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49a y3225 w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y31cb w213 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35,7<span class=\"_ _0\"></span>84<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x49b y31cb w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49c y31cb w18b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,784<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w214 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49d y31cc w215 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls11 ws3a\">45,7<span class=\"_ _3\"></span>83<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x49e y31cc w216 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49f y31cc w217 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">45,4<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w218 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a0 y312a w219 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a1 y312a w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4a2 y312a w21a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a3 y312a w21b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c2\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c3\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c4\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c5\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c6\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c7\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c8\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1c9\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1ca\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1cb\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1cc\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1cd\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1ce\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1cf\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1d0\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1d1\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1d2\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs1d3\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs1d4\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs1d5\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsb wsa gs1d6\">3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e wer<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in a se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs1d7\">4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d or d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts n<span class=\"_ _0\"></span>ot q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>se ex<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs1d8\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e for s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e or f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs1d9\">5. <span class=\"_ _19\"> </span><span class=\"ff10f\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17 as th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ow i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>n an I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span><span class=\"ff10f\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs1db\">Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ost<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1dc\">As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IFR<span class=\"_ _0\"></span>S 9, the Grou<span class=\"_ _0\"></span>p has reas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d the cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1dd\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in ord<span class=\"_ _0\"></span>er to bet<span class=\"_ _6\"></span>ter mat<span class=\"_ _0\"></span>ch in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate an<span class=\"_ _0\"></span>d infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1de\">se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prev<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly he<span class=\"_ _0\"></span>ld at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This is be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t unde<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 for ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1df\">wi<span class=\"_ _0\"></span>th cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of long da<span class=\"_ _0\"></span>ted de<span class=\"_ _0\"></span>bt in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e0\">am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a35,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>m (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3) <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s but in sur<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>lus to the IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e1\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, and pas<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, was sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e2\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ra<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e3\">re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, not<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns in the US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s, we<span class=\"_ _0\"></span>re pre<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e4\">ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>. Foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 th<span class=\"_ _0\"></span>is is no long<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e5\">as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted in OC<span class=\"_ _0\"></span>I. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts pas<span class=\"_ _0\"></span>s the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e6\">an<span class=\"_ _0\"></span>d are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e7\">Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e8\">of \u00a332<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year. <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the year was \u00a32<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1e9\">as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 was 3.59<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 is \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs1ea\">Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1eb\">Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39, bond<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng US T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y bon<span class=\"_ _0\"></span>ds) back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies we<span class=\"_ _0\"></span>re hel<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L in orde<span class=\"_ _0\"></span>r to elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ec\">ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mis<span class=\"_ _0\"></span>matc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFRS 17 <span class=\"_ _c\"></span>t<span class=\"_ _0\"></span>his is no lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ed\">tha<span class=\"_ _0\"></span>t thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are he<span class=\"_ _0\"></span>ld to back<span class=\"_ _6\"></span>, are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in OCI<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s pass the S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I test and ar<span class=\"_ _0\"></span>e hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t and se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l, an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ee\">are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ef\">Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e gain<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f0\">of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in the yea<span class=\"_ _0\"></span>r was \u00a38m<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te as <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f1\">1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 was 2.7<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a335<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5e wsa3 gs1f2\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f3\">Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>s the clo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 with the op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g los<span class=\"_ _0\"></span>s allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f4\">as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to the impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></div><div class=\"gs1f5\"><table class=\"s w21c h142\" id=\"_6ea48048-e8b5-43cd-9929-bbdcb2f850d9\"><tr><td></td><td class=\"t m1 x4a4 h1b y3226 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 </td><td></td><td class=\"t m1 x4a5 h1b y3227 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 </td></tr><tr><td></td><td class=\"t m1 x4a6 h1b y3228 ff10c fs2 fc0 sc0 ls4 ws3\">IA<span class=\"_ _0\"></span>S 39 </td><td class=\"t m1 x4a7 h1b y3228 ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasurement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h1b y3229 ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a8 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y322b ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y322c ff10f fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322d w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ac y322d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ad y322d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y322e ff10e fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322f w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ae y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4af y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31f7 w21f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es A<span class=\"_ _0\"></span>FS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b0 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b1 y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b2 y31f7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w220 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Othe<span class=\"_ _0\"></span>r receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b3 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b5 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b6 y312a w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b7 y312a w221 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b8 y312a w56 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls0 ws3 gs1f6\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f7\">Th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 has resu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x as at <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. A defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f8\">ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m was rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of this<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 of <span class=\"_ _3\"></span>\u00a35<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>m.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1f9\">Of the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>, \u00a31,3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2m rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK and \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rela<span class=\"_ _0\"></span>tes to the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1fa\">Th<span class=\"_ _0\"></span>e intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion of this ne<span class=\"_ _0\"></span>w acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e tax the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pays in the UK<span class=\"_ _6\"></span>, as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me is base<span class=\"_ _0\"></span>d on the IF<span class=\"_ _0\"></span>RS res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts of the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls86 wsaa gs1fb\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. HM<span class=\"_ _0\"></span>RC co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted wid<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y on how the intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be treate<span class=\"_ _0\"></span>d for tax pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The UK ta<span class=\"_ _0\"></span>x regi<span class=\"_ _0\"></span>me req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1fc\">re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 for U<span class=\"_ _0\"></span>K com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over 1<span class=\"_ _3\"></span>0 years an<span class=\"_ _0\"></span>d will re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce th<span class=\"_ _0\"></span>e cash ta<span class=\"_ _0\"></span>x </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls79 wsbd gs1fd\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over this per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d. Thi<span class=\"_ _0\"></span>s tax los<span class=\"_ _0\"></span>s has <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax asse<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, value<span class=\"_ _0\"></span>d at \u00a31<span class=\"_ _3\"></span>.2<span class=\"_ _0\"></span>bn at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1fe\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s US bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es\u2019 ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is base<span class=\"_ _0\"></span>d on the<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y fili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s rath<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than on the IF<span class=\"_ _0\"></span>RS re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs1ff\">IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 doe<span class=\"_ _0\"></span>s not imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir loc<span class=\"_ _0\"></span>al ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs200\">on whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on, an<span class=\"_ _0\"></span>d the IFR<span class=\"_ _0\"></span>S res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls0 ws3 gs201\">Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 12 \u2013 Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>xes: \u2018<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x Re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m \u2014 Pi<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>w<span class=\"_ _0\"></span>o Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs202\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n May 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, wer<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e to the O<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fo<span class=\"_ _0\"></span>r Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (OEC<span class=\"_ _0\"></span>D) </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs203\">In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ve Fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk on Bas<span class=\"_ _0\"></span>e Eros<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d Pro<span class=\"_ _0\"></span>fit S<span class=\"_ _0\"></span>hif<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g (BE<span class=\"_ _0\"></span>PS) Pil<span class=\"_ _0\"></span>lar T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs204\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">A mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Pilla<span class=\"_ _0\"></span>r </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs205\">T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs206\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies to hel<span class=\"_ _0\"></span>p user<span class=\"_ _0\"></span>s of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to Pilla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>wo inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs207\">ta<span class=\"_ _0\"></span>xes ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y befo<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs209\">No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls92 wsa1 gs20a\">Other standards<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20b\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20c\">ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs20d\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs20e\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs20f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs210\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs211\">(iv) St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to publ<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t yet ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive </div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs212\">Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018C<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es as Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t or Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs213\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>0, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y the exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs214\">are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 2024<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs215\">Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt Li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h Cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs216\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n Oc<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y th<span class=\"_ _0\"></span>at o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h an e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y on o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ate wi<span class=\"_ _0\"></span>ll af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs217\">a liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s class<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs218\">Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6 \u2013 Leas<span class=\"_ _0\"></span>es: \u2018<span class=\"_ _0\"></span>Lea<span class=\"_ _0\"></span>se Lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>Sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d Leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs219\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for sel<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>es to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e and leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21a\">tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he ame<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls0 ws3 gs21b\">Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 7 \u2013 S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of C<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h Flo<span class=\"_ _0\"></span>ws an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 7 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: D<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s: \u2018<span class=\"_ _0\"></span>Su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>er F<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21c\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, addr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21d\">the<span class=\"_ _0\"></span>ir ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on a comp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, cas<span class=\"_ _0\"></span>h flows and ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21e\">be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls0 ws3 gs21f\">(v) Crit<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng j<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs220\">Th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the use of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs221\">Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and the dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at the date of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs222\">the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ums<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s and fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts and ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs223\">be mad<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the nex<span class=\"_ _6\"></span>t finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al year. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Aud<span class=\"_ _0\"></span>it Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tee rev<span class=\"_ _0\"></span>iew<span class=\"_ _0\"></span>s the reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs224\">jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th and th<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Aud<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs225\">Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>tee i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hin t<span class=\"_ _0\"></span>he Au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n pag<span class=\"_ _0\"></span>e 86<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs226\">Th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>r area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t on poli<span class=\"_ _0\"></span>cy ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs227\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>tes 20 and 21<span class=\"_ _3\"></span>): Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k </div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs228\">tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for as an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls79 wsbd gs229\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk to the Grou<span class=\"_ _0\"></span>p are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts that tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22a\">in inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate or sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pri<span class=\"_ _0\"></span>ce) to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p bu<span class=\"_ _0\"></span>t not sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k are cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22b\">Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to asses<span class=\"_ _0\"></span>s the sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce of the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k with<span class=\"_ _0\"></span>in a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>his ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is based on wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22c\">the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ke sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, i.e. if the occ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce of the even<span class=\"_ _0\"></span>t cau<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22d\">sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h out flows for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p tha<span class=\"_ _0\"></span>n its non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs22e\">Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22f\">add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts as a supp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs230\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs231\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of the addi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts is at the disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs232\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lly de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nd or sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d poo<span class=\"_ _0\"></span>l of asset<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs233\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th suc<span class=\"_ _0\"></span>h disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, whil<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs234\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs235\">Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d in ord<span class=\"_ _0\"></span>er to est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e above<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls38 ws6a gs236\">require<span class=\"_ _0\"></span>ments for being co<span class=\"_ _0\"></span>nsidere<span class=\"_ _0\"></span>d discretionar<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipation features.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs237\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 39 to <span class=\"_ _3\"></span>41<span class=\"_ _c\"></span>): As<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs238\">Th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n mak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s to a var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs239\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rns f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d has t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23a\">re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23c\">For op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es this ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es a share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of 50% or mor<span class=\"_ _0\"></span>e in the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s that ar<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>re the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23d\">own<span class=\"_ _0\"></span>s less tha<span class=\"_ _0\"></span>n 50<span class=\"_ _0\"></span>% of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ordi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal (str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies), are co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on an asse<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lly ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23e\">sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng to th<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ass o<span class=\"_ _0\"></span>f sha<span class=\"_ _0\"></span>re ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h as th<span class=\"_ _0\"></span>e pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e of the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23f\">it<span class=\"_ _0\"></span>s rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts) and s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs240\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s fun<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>it t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it al<span class=\"_ _0\"></span>so ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er to t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs241\">wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on th<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up (dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs242\">man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es) and o<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal o<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>mova<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts of o<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs243\">(the<span class=\"_ _0\"></span>ir pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cal ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to allow the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p not to con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l the fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>). Addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in suc<span class=\"_ _0\"></span>h inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s can flu<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>te on a <span class=\"_ _3\"></span>dai<span class=\"_ _0\"></span>ly bas<span class=\"_ _0\"></span>is acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs244\">to the p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>rs i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. As a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>, we l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k at an a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s over a<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs245\">lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od to miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of daily flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e wide<span class=\"_ _0\"></span>r fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d circ<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es of the Gro<span class=\"_ _0\"></span>up\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. This is<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 ws6c gs12f\">per<span class=\"_ _0\"></span>formed in line<span class=\"_ _3\"></span> with the f<span class=\"_ _3\"></span>ollowing principles:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs131\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ds 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to have </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs246\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol ove<span class=\"_ _0\"></span>r the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs132\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 30% an<span class=\"_ _0\"></span>d 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs247\">ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to a<span class=\"_ _0\"></span>ny fee<span class=\"_ _0\"></span>s ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs248\">en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>in for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng a judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as to whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs135\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is les<span class=\"_ _0\"></span>s than 30<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs249\">not h<span class=\"_ _0\"></span>ave co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, bu<span class=\"_ _0\"></span>t ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs24a\">Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g set<span class=\"_ _0\"></span>s out info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n abou<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons ma<span class=\"_ _0\"></span>de by the Gro<span class=\"_ _0\"></span>up ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, and oth<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>jor so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs138\">es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>at have a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ri<span class=\"_ _0\"></span>sk of resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt to the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs139\">of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in the ne<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial yea<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs13b\">Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>8-20)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13c\">Th<span class=\"_ _0\"></span>e key judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ar<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nd the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ate to the foll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs13e\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es; th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs24b\">for the ra<span class=\"_ _0\"></span>te of futu<span class=\"_ _0\"></span>re lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t how exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs24c\">var<span class=\"_ _6\"></span>y in th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y da<span class=\"_ _0\"></span>ta. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs24d\">lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew on the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Covi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-1<span class=\"_ _c\"></span>9 pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c on clai<span class=\"_ _0\"></span>ms exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in the me<span class=\"_ _0\"></span>diu<span class=\"_ _0\"></span>m to </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs24e\">long-<span class=\"_ _0\"></span>term, inf<span class=\"_ _3\"></span>ormed by emerging<span class=\"_ _3\"></span> experience and indu<span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>y studies.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs142\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns us<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs24f\">fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cos<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at rel<span class=\"_ _0\"></span>ate dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly to the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s best es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs250\">fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te al<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs144\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, for e<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e, o<span class=\"_ _0\"></span>n cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs251\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs252\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te is al<span class=\"_ _0\"></span>so se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o of ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>en to b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs146\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d timin<span class=\"_ _0\"></span>g of the cash flow<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>ing fr<span class=\"_ _0\"></span>om no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs147\">ris<span class=\"_ _0\"></span>ks as insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, in the ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs253\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>d to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate the C<span class=\"_ _0\"></span>SM am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en the pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t phase an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls52 ws5e gs254\">defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phase for defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>.<span class=\"_ gs255\"> </span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s so <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>at they fai<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs149\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. In par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n date CS<span class=\"_ _0\"></span>M for<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs256\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y pe<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s into the cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ing val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M un<span class=\"_ _0\"></span>til tho<span class=\"_ _0\"></span>se por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs257\">jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>ed in de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il in the Basi<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14c\">No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>9 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is on pos<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t and Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs258\">Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unq<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (N<span class=\"_ _0\"></span>ote 1<span class=\"_ _c\"></span>1)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs259\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d and ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y involve<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in mod<span class=\"_ _0\"></span>el valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25a\">in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>f bo<span class=\"_ _0\"></span>th ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of a r<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>lau<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25b\">valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25c\">In asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and gui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has bo<span class=\"_ _0\"></span>th pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d the sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ear<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls71 ws7c gs25d\">cas<span class=\"_ _0\"></span>h flows of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>whi<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>rev<span class=\"_ _0\"></span>iew th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r ter<span class=\"_ _0\"></span>m retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t case<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25e\">No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>1 in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>es a s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is on t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d il<span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls0 ws3 gs155\">(vi) C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs156\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ris<span class=\"_ _0\"></span>ks fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>is wi<span class=\"_ _0\"></span>th n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>ur c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs157\">nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d. C<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s mos<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l sus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e, b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op i<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing o<span class=\"_ _0\"></span>f it<span class=\"_ _0\"></span>s im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs158\">an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies o<span class=\"_ _0\"></span>n na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h it<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20b\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh t<span class=\"_ _0\"></span>wo b<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s: tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>ks fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ove to a low<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thi<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20c\">has on ass<span class=\"_ _0\"></span>et valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d the ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy<span class=\"_ _0\"></span>; an<span class=\"_ _0\"></span>d physi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s from the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct on ass<span class=\"_ _0\"></span>et ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs as a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of severe wea<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs260\">shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20e\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ts g<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>as ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>ut a d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of how we c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>uld<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20f\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ris<span class=\"_ _0\"></span>k to em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs261\">in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h sto<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k excl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d hig<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n esc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>nga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs210\">im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng hig<span class=\"_ _0\"></span>h ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y effi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds in<span class=\"_ _0\"></span>to the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly own<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and ho<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs211\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to net zero<span class=\"_ _0\"></span>, tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g a 1<span class=\"_ _c\"></span>.5\u00b0<span class=\"_ _0\"></span>C \u2018Pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>s\u2019 ou<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. In orde<span class=\"_ _0\"></span>r to mee<span class=\"_ _0\"></span>t its env<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al goa<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has se<span class=\"_ _0\"></span>t for itse<span class=\"_ _0\"></span>lf a num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs212\">of me<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th i<span class=\"_ _0\"></span>ts b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ris<span class=\"_ _0\"></span>k ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n a th<span class=\"_ _0\"></span>ree<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>ar c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs213\">en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g \u2018I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t, In<span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>\u2019<span class=\"_ _3\"></span>. Met<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d targ<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n footp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs214\">po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, an<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re al<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ng ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs262\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>ups<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lop<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate fr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ly i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and fo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>us o<span class=\"_ _0\"></span>n own<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs215\">op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>us<span class=\"_ _0\"></span>e its infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce as a large inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tor to prom<span class=\"_ _0\"></span>ote the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs217\">Sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>sis is pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to help un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d the str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>c imp<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of possi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e cli<span class=\"_ _0\"></span>mate pa<span class=\"_ _0\"></span>thways<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>fea<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res of a <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs263\">to a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t zero ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>my. <span class=\"_ _3\"></span>Pla<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os have bee<span class=\"_ _0\"></span>n deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of how the ene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m may evolve over the nex<span class=\"_ _6\"></span>t 30 year<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs218\">usi<span class=\"_ _0\"></span>ng the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n bud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts fr<span class=\"_ _0\"></span>om the In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l Pan<span class=\"_ _0\"></span>el on Cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te Chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t (A<span class=\"_ _0\"></span>R6) and inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs219\">late<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t data on tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>wo dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt pat<span class=\"_ _0\"></span>hways to \u2018be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w 2\u00b0C<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g achi<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of net ze<span class=\"_ _0\"></span>ro. Give<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21a\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>isk r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, a fou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al fa<span class=\"_ _0\"></span>ilu<span class=\"_ _0\"></span>re to a<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>n cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs264\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al ra<span class=\"_ _0\"></span>tes has be<span class=\"_ _0\"></span>en mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to our por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o. Suc<span class=\"_ _0\"></span>h imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e dri<span class=\"_ _0\"></span>ven by physi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tend to </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21b\">be h<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ly l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nife<span class=\"_ _0\"></span>st f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nto t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21d\">In pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21e\">ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>on th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Grou<span class=\"_ _0\"></span>p\u2019s asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. In the S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>c rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t, wi<span class=\"_ _0\"></span>th add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Clim<span class=\"_ _0\"></span>ate and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs265\">nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, we have s<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t in d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ous r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks an<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>is tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>ey may i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21f\">ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>ns. In li<span class=\"_ _0\"></span>ne wit<span class=\"_ _0\"></span>h the rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of the T<span class=\"_ _c\"></span>ask For<span class=\"_ _0\"></span>ce on Cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, we have fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs220\">des<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy, ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nto c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>s no on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs221\">sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>rio th<span class=\"_ _0\"></span>at und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ins th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os hel<span class=\"_ _0\"></span>p cha<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves on the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s and ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs222\">env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>s a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion to a l<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at ma<span class=\"_ _0\"></span>y be o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>mote<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. A<span class=\"_ _0\"></span>s a </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs223\">res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the s<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s of like<span class=\"_ _0\"></span>ly f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s or o<span class=\"_ _0\"></span>utc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mes a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot th<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is o<span class=\"_ _0\"></span>n whi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs224\">co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs266\">At the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p does no<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate ris<span class=\"_ _0\"></span>k to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ar<span class=\"_ _0\"></span>ea of judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt or of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>As at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs226\">31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, no mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l posi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, nor on th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of asset<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs267\">Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et as a resul<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. In arr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at this dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has in par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r take<span class=\"_ _0\"></span>n into acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs227\">the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>ing ar<span class=\"_ _0\"></span>eas of jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h we <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er to be thos<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs228\">fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs22a\">Go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n and via<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs268\">In pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s abi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>e as a <span class=\"_ _3\"></span>go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n, by tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs22b\">in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t all av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>st 12 mon<span class=\"_ _0\"></span>ths f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roval<span class=\"_ _0\"></span>. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22c\">st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t takes into c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s overa<span class=\"_ _0\"></span>ll bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y, forec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th an<span class=\"_ _0\"></span>d resi<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and the liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22d\">pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e over the pla<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hor<span class=\"_ _0\"></span>izon<span class=\"_ _0\"></span>. Clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs have be<span class=\"_ _0\"></span>en co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and have not be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs269\">mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>es as to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs22f\">Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of Level 3 fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26a\">Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y has bee<span class=\"_ _0\"></span>n sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as an area of sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _6\"></span>y. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26b\">Th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as cash flows for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d mul<span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e ofte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26c\">un<span class=\"_ _0\"></span>obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Due to the nee<span class=\"_ _0\"></span>d to appl<span class=\"_ _0\"></span>y sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, thes<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ca<span class=\"_ _0\"></span>n be impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted by tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs232\">gai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng mor<span class=\"_ _0\"></span>e trac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion (e.g. con<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, EPC ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs<span class=\"_ _0\"></span>, ES<span class=\"_ _0\"></span>G cre<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s and cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te resi<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e). This is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y rel<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t for<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26d\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d mar<span class=\"_ _0\"></span>ket pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs233\">sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es or ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket sen<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d clim<span class=\"_ _0\"></span>ate ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. In this res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs234\">inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have also be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n evolv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, wi<span class=\"_ _0\"></span>th gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>d toward<span class=\"_ _0\"></span>s net zer<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d away from tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs26e\">me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>ods<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes a<span class=\"_ _0\"></span>nd mu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>sks of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs235\">thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs236\">pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s are bei<span class=\"_ _0\"></span>ng rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, with re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rds to pote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, to help re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26f\">an<span class=\"_ _0\"></span>d make them mo<span class=\"_ _0\"></span>re effi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and sus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls82 ws85 gs238\">Asset imp<span class=\"_ _3\"></span>airment and<span class=\"_ _3\"></span> residual<span class=\"_ _3\"></span> economic lif<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs270\">Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h are su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to impai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tes<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs239\">co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted b<span class=\"_ _0\"></span>y cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span>or exa<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y may be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ob<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te or re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to de<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e or th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23a\">of co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se. I<span class=\"_ _0\"></span>f, as a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>nven<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s is n<span class=\"_ _0\"></span>ot re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>ey wo<span class=\"_ _0\"></span>uld n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e wr<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ten d<span class=\"_ _0\"></span>own to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir n<span class=\"_ _0\"></span>et r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ue.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs272\">Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ll an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts may s<span class=\"_ _0\"></span>ee t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in l<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23c\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, and sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the en<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng for exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23d\">ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s can re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt an in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. The es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t as \u2018val<span class=\"_ _0\"></span>ue in use<span class=\"_ _0\"></span>\u2019 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23e\">cas<span class=\"_ _0\"></span>h flows base<span class=\"_ _0\"></span>d on ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d mat<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>s, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y for goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll and in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23f\">to a <span class=\"_ _3\"></span>hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee of judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on or de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cli<span class=\"_ _0\"></span>mate ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs273\">su<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic l<span class=\"_ _0\"></span>ife is s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an a<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h wou<span class=\"_ _0\"></span>ld g<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>ise to i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. D<span class=\"_ _0\"></span>ue to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs240\">nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, we do n<span class=\"_ _0\"></span>ot a<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>te any m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ges to a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs241\">fro<span class=\"_ _0\"></span>m cli<span class=\"_ _0\"></span>mate c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. Ris<span class=\"_ _0\"></span>ks will co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e to be moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed aga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>st ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d in the ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. </div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls4 ws3 gs243\">Insurance<span class=\"_ _3\"></span> contract <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs244\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os wi<span class=\"_ _0\"></span>th d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de to re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ove ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs245\">tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s bu<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Clima<span class=\"_ _0\"></span>te<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs12f\">los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch w<span class=\"_ _0\"></span>oul<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs131\">Pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs274\">Th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s arou<span class=\"_ _0\"></span>nd fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re even<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs132\">pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>uld a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>r exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e by re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of a le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs133\">ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (e.g. l<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r fai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts) or of a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive o<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (e.g. re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs134\">dam<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios). </div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls0 ws3 gs136\">Def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs137\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs24a\">ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t will be avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h tho<span class=\"_ _0\"></span>se amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ca<span class=\"_ _0\"></span>n be util<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s esti<span class=\"_ _0\"></span>mate of fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs138\">ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e it may be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls7a wsa6 gs13a\">Share<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>based pa<span class=\"_ _3\"></span>ymen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13b\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de a d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ive pay a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13c\">lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al awar<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>a per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>at le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t thre<span class=\"_ _0\"></span>e year<span class=\"_ _0\"></span>s. Per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e met<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>s for the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13d\">sha<span class=\"_ _0\"></span>re pla<span class=\"_ _0\"></span>ns are now cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y linke<span class=\"_ _0\"></span>d to ESG me<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>cs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ld have an impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and timi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13e\">an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls92 wsa1 gs275\">Financial in<span class=\"_ _3\"></span>struments<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs140\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>les an<span class=\"_ _0\"></span>d cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s proba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs141\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t over a cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>. Clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>s may affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, for examp<span class=\"_ _0\"></span>le by neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs142\">bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019s abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to me<span class=\"_ _0\"></span>et t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r by af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls5e wsc gs276\">(vii)<span class=\"_ _3\"></span> Material accounting policies </div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls3 ws6c gs144\">Consolidation principles<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls3 wsa4 gs277\">Subsidiar<span class=\"_ _0\"></span>y undertak<span class=\"_ _0\"></span>ings </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs145\">Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, inco<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h flows of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny and of its<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs146\">su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs dr<span class=\"_ _0\"></span>awn up to 31<span class=\"_ gs255\"> </span>Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r eac<span class=\"_ _0\"></span>h year. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ll int<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in full.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs253\">Su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e those e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial pu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>s and uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>over wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly or ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs148\">(i.e. w<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ha<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs149\">thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e) (Note 4<span class=\"_ _0\"></span>0). </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs278\">Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for by app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd th<span class=\"_ _0\"></span>e iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14b\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e exce<span class=\"_ _0\"></span>ss of t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs279\">the re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d value of the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of the acq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t as goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>. Profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or losse<span class=\"_ _0\"></span>s of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs27a\">su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s sol<span class=\"_ _0\"></span>d or a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s up to th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 ws6c gs258\">gaining control. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25a\">Pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies in co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, su<span class=\"_ _0\"></span>ch as uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and app<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r as </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25b\">\u2018<span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to uni<span class=\"_ _0\"></span>t hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs25c\">As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25d\">As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s over whi<span class=\"_ _0\"></span>ch the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>. It is pres<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs27b\">infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it has bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 20% and 5<span class=\"_ _0\"></span>0% of the votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s in the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e unle<span class=\"_ _0\"></span>ss ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e. Joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25e\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and oth<span class=\"_ _0\"></span>er par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have join<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the<span class=\"_ _0\"></span>ir ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs155\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res (N<span class=\"_ _0\"></span>ote 4<span class=\"_ _0\"></span>0) <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h form pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of an invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio he<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pri<span class=\"_ _0\"></span>vate eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs156\">mu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. In acco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the ch<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted by IA<span class=\"_ _0\"></span>S 28<span class=\"_ _0\"></span>, \u2018Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts have </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs157\">be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or los<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fair val<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs158\">the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs212\">As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not for<span class=\"_ _0\"></span>m par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio are in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t at cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs213\">Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the<span class=\"_ _0\"></span>se asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s is incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e of those inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs214\">am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt is inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are of total co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the date of the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs262\">am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of an assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is greate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n its es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ble am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er of the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair valu<span class=\"_ _0\"></span>e les<span class=\"_ _0\"></span>s cos<span class=\"_ _0\"></span>ts of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs215\">dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal a<span class=\"_ _0\"></span>nd va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it is w<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n do<span class=\"_ _0\"></span>wn im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>ly to i<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls5d ws6b gs216\">Income <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>tatement.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls82 ws85 gs263\">Insurance contracts </div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls82 ws85 gs218\">Long t<span class=\"_ _3\"></span>erm insurance<span class=\"_ _3\"></span> contracts \u2013 init<span class=\"_ _3\"></span>ial me<span class=\"_ _3\"></span>asurement<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs219\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>ch tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e risk to the insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is the case if, and onl<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21a\">if, an insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se an insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r to make sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in any sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o, oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n a scen<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io whi<span class=\"_ _0\"></span>ch lac<span class=\"_ _0\"></span>ks co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs264\">su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. Su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>til all ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are ex<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ed or exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21c\">At in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m an i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m as if t<span class=\"_ _0\"></span>hey w<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21d\">st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: </div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs265\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives e<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ose e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>ose of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, a<span class=\"_ _0\"></span>nd w<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs27d\">ter<span class=\"_ _0\"></span>ms wou<span class=\"_ _0\"></span>ld not me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of an insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ne ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs220\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>.e. inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t are n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd fo<span class=\"_ _0\"></span>r wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs27e\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h equi<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ter<span class=\"_ _0\"></span>ms are so<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, or cou<span class=\"_ _0\"></span>ld be sol<span class=\"_ _0\"></span>d, se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the sam<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t or the sam<span class=\"_ _0\"></span>e jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs223\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r sep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng any fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes any pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ses to tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t goo<span class=\"_ _0\"></span>ds or ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs224\">oth<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m as se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs (i<span class=\"_ _0\"></span>.e. n<span class=\"_ _0\"></span>ot as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs225\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s). <span class=\"_ _3\"></span>A goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is disti<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t if the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r can be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m it eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r on its own or wi<span class=\"_ _0\"></span>th oth<span class=\"_ _0\"></span>er res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are read<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs266\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>A goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is not dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t and is acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r with th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t if the cash flow<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs226\">wi<span class=\"_ _0\"></span>th the go<span class=\"_ _0\"></span>od or ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce are hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ly in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th the ca<span class=\"_ _0\"></span>sh flows an<span class=\"_ _0\"></span>d risk<span class=\"_ _0\"></span>s assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>des a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs267\">sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce of inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs228\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l of ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gati<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs229\">An i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs268\">(<span class=\"_ _3\"></span>a) <span class=\"_ _4\"> </span>th<span class=\"_ _0\"></span>e beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22b\">(b) <span class=\"_ _5\"> </span>th<span class=\"_ _0\"></span>e date whe<span class=\"_ _0\"></span>n the fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t from a pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es du<span class=\"_ _0\"></span>e; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs22c\">(<span class=\"_ _3\"></span>c<span class=\"_ _3\"></span>)  for onerous contracts, when<span class=\"_ _3\"></span> the contract becomes onerous<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs269\">Th<span class=\"_ _0\"></span>e level of agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at whi<span class=\"_ _0\"></span>ch IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tly by div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs22e\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en i<span class=\"_ _0\"></span>nto p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os. P<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>ith s<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sks w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r. Por<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios a<span class=\"_ _0\"></span>re f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22f\">div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y at ince<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n into thr<span class=\"_ _0\"></span>ee ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s: one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t risk of sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26a\">be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d the rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 also re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s that no gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for level of agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses may co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls70 ws7b gs26b\">than one<span class=\"_ _3\"></span> year ap<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs27f\">Al<span class=\"_ _0\"></span>l of th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s in sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted fo<span class=\"_ _0\"></span>r un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs280\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al of<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs281\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls78 ws7f gs282\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e unea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d profi<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise as it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 hc9 ff116 fs0 fc0 sc0 ls0 ws0 gs283\">Ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs284\">Ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se un<span class=\"_ _0\"></span>bias<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cash flow<span class=\"_ _0\"></span>s, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the tim<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs285\">valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows is to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs286\">the e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, or t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ean<span class=\"_ _0\"></span>, of t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge of p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ble o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs270\">avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng da<span class=\"_ _0\"></span>te with<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t und<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t or effo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a ran<span class=\"_ _0\"></span>ge of sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h have </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs239\">co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al sub<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d give a goo<span class=\"_ _0\"></span>d repr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ou<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e cas<span class=\"_ _0\"></span>h flows from ea<span class=\"_ _0\"></span>ch sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io are pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 ws6c gs23a\">discounted using <span class=\"_ _3\"></span>curre<span class=\"_ _0\"></span>nt assumptions.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs244\">Wh<span class=\"_ _0\"></span>en es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des al<span class=\"_ _0\"></span>l cash flows th<span class=\"_ _0\"></span>at are wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t bo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs12f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs130\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s not yet pai<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms not ye<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs131\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of an inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e or to <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of an insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs274\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er val<span class=\"_ _0\"></span>ue op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs132\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">an allo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cash flow<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e to the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio to whi<span class=\"_ _0\"></span>ch the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>gs;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs133\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s hand<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs134\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and mai<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s that are exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be paid to inte<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s for fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs135\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">an allo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of fixed an<span class=\"_ _0\"></span>d varia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs136\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls5f ws44\">transaction<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>d taxes.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs24a\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, in a<span class=\"_ _0\"></span>n un<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d way, all re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ut t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs138\">tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of those fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>es the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts of fut<span class=\"_ _0\"></span>ure pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs139\">based<span class=\"_ _3\"></span> on informat<span class=\"_ _3\"></span>ion obtained, includ<span class=\"_ _3\"></span>ing:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs13b\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ims al<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>dy re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs13c\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n abo<span class=\"_ _0\"></span>ut th<span class=\"_ _0\"></span>e know<span class=\"_ _0\"></span>n or est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs13d\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta abo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up\u2019s own exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, sup<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sar<span class=\"_ _6\"></span>y, with dat<span class=\"_ _0\"></span>a from ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r sour<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es (hi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l data is adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs288\">refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns); and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs13f\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls5d ws68\">current pricing in<span class=\"_ _3\"></span>formation, when<span class=\"_ _3\"></span> ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs140\">Th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cash flo<span class=\"_ _0\"></span>ws whic<span class=\"_ _0\"></span>h are all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs141\">(thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue) over t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs143\">Pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cash flow as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>or to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d are </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs276\">co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls7a ws80 gs277\">Risk adjustme<span class=\"_ _0\"></span>nt </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs145\">Th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ris<span class=\"_ _0\"></span>k for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs146\">un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt and tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the cash flows th<span class=\"_ _0\"></span>at ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs289\">cal<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>Value at Ri<span class=\"_ _0\"></span>sk (<span class=\"_ _0\"></span>VAR) met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy. In some cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for risk on rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is linke<span class=\"_ _0\"></span>d dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly to the pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls92 wsa1 gs253\">paid<span class=\"_ _3\"></span> for r<span class=\"_ _3\"></span>einsurance. </div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5e wsa3 gs149\">Discounting<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14a\">Th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted at ra<span class=\"_ _0\"></span>tes tha<span class=\"_ _0\"></span>t refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se are<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs278\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m an a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o wi<span class=\"_ _0\"></span>th de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ove r<span class=\"_ _0\"></span>isks i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls38 ws86 gs14b\">liabilities.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs14d\">Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in (C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs28a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s CS<span class=\"_ _0\"></span>M is a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of the asse<span class=\"_ _0\"></span>t or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>p of insu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nts th<span class=\"_ _0\"></span>e unea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>fit th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p will<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14e\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise as it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in the fut<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M on init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s the gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14f\">is on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n no in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs151\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs28b\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">any cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the Gro<span class=\"_ _0\"></span>up at that da<span class=\"_ _0\"></span>te;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs152\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e date o<span class=\"_ _0\"></span>f ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:</span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls4 ws3 gs28c\"> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">any asse<span class=\"_ _0\"></span>t for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows; an<span class=\"_ _0\"></span>d</span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls4 ws3 gs28d\"> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">any ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5e wsc gs155\">Onerous contracts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs156\">For gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed as on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ous<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss for th<span class=\"_ _0\"></span>e net ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>w, <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs157\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>ing e<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d the CS<span class=\"_ _0\"></span>M of the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g zero. A loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up for<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs158\">the l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r an on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>he lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls4 ws69 gs20a\">Reinsurance<span class=\"_ _3\"></span> contracts \u2013<span class=\"_ _3\"></span> initial<span class=\"_ _c\"></span> measurement<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20b\">Th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es as t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 ws6c gs20c\">the fol<span class=\"_ _3\"></span>lowing:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs20d\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>er of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g:</span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls4 ws3 gs28f\"> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and</span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls4 ws3 gs290\"> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">the d<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs291\">he<span class=\"_ _0\"></span>ld i<span class=\"_ _0\"></span>n the g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d at o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs210\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s an allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e by the rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs292\">in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s from dis<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs211\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nes th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k so that it rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of risk be<span class=\"_ _0\"></span>ing tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs212\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">bo<span class=\"_ _0\"></span>th day one gai<span class=\"_ _0\"></span>ns and day on<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed at ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t are defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs293\">an<span class=\"_ _0\"></span>d rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r ren<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, excep<span class=\"_ _0\"></span>t for any por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>day one lo<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>tes to event<span class=\"_ _0\"></span>s befo<span class=\"_ _0\"></span>re ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls5d ws6b gs294\">recognition;<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs262\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">if the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>or to a <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M can be adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted to offs<span class=\"_ _0\"></span>et a por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs295\">the i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on l<span class=\"_ _0\"></span>oss (t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t). This of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of the l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs217\">Lo<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs263\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f a gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nd of ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>m of:<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws0 gs219\">(i) <span class=\"_ _e\"> </span><span class=\"ff10f\">th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ful<span class=\"_ _0\"></span>film<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date and the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M of </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs296\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p at that da<span class=\"_ _0\"></span>te; and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws0 gs264\">(ii) <span class=\"_ _19\"> </span><span class=\"ff10f\">the liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s for the Gro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ted to past se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5e wsc gs21c\">Contractual ser<span class=\"_ _0\"></span>vice margin \u2013 measurement<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21d\">Th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t in the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t has not yet be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21e\">be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use i<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tes to f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce to b<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21f\">For a gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M of that gro<span class=\"_ _0\"></span>up at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>als the ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs220\">be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing of the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs222\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any ne<span class=\"_ _0\"></span>w con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ad<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs223\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt rat<span class=\"_ _0\"></span>es at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs224\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt to the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t:</span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls4 ws3 gs297\"> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows exc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>, giv<span class=\"_ _0\"></span>ing ri<span class=\"_ _0\"></span>se to a <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s; or</span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls4 ws3 gs298\"> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s are allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs226\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs299\">mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n at the end of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od over the cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs227\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on the CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs229\">Th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the CS<span class=\"_ _0\"></span>M co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se of:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs268\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ts (net of refun<span class=\"_ _0\"></span>ds) and any rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29a\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cas<span class=\"_ _0\"></span>h flows and in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m taxe<span class=\"_ _0\"></span>s and the es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>, at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29b\">Dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) in <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss wh<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29c\">dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) for <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>s are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the CS<span class=\"_ _0\"></span>M;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs269\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows in the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt th<span class=\"_ _0\"></span>ose re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29d\">mo<span class=\"_ _0\"></span>ney an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk (whic<span class=\"_ _0\"></span>h are ins<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s or in othe<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e);<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs22f\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>y inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>hat b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29e\">paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in the per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs26b\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k that rel<span class=\"_ _0\"></span>ate to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs232\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to the CS<span class=\"_ _0\"></span>M note<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s that re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of the cash flo<span class=\"_ _0\"></span>ws of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26d\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion (i<span class=\"_ _0\"></span>.e. the weig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the rates ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t join<span class=\"_ _0\"></span>ed a gro<span class=\"_ _0\"></span>up over<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs233\">a 1<span class=\"_ _c\"></span>2-month period).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5e wsc gs26e\">Onerous contracts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs235\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>hat we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s if as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs236\">C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>. In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>es a loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. The los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26f\">all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows to: <span class=\"_ _3\"></span>(i) th<span class=\"_ _0\"></span>e loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and (ii) th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs237\">los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt is als<span class=\"_ _0\"></span>o upda<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs238\">Th<span class=\"_ _0\"></span>e sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs270\">to zero by the end of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of a grou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t will have mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e form of inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms). </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs239\">Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs23a\">ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs2a0\">Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in \u2013 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2a1\">Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2a2\">se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d is calc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d as the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sum of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2a3\">all t<span class=\"_ _0\"></span>he fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p has e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2a4\">ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>(s<span class=\"_ _c\"></span>) u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs2a5\">those ser<span class=\"_ _0\"></span>vices.<span class=\"_ _3ad\"> </span></div><div class=\"gs2a6\"><table class=\"s w222 h143\" id=\"_a6011417-a831-4243-b641-2bcce60b8f59\"><tr><td class=\"c n x1e5 y3231 w223 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls114 wsa1\">Insurance contract<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ba y3231 w224 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bb y3231 w225 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls3a ws46\">Coverage unit(<span class=\"_ _3\"></span>s)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3232 w226 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Immediate annuity<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bc y3232 w227 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bd y3232 w228 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Exp<span class=\"_ _0\"></span>ected annu<span class=\"_ _0\"></span>al claims payments<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x4be ha y3233 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ims (<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3234 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"lse wsc\">E<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cted annual claims paymen<span class=\"_ _0\"></span>ts</span><span class=\"lse wsc\"> </span></td></tr><tr><td></td><td class=\"t m1 x4be ha y3235 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ls16 ws16\">Investme<span class=\"_ _0\"></span>nt return ser<span class=\"_ _0\"></span>vice (<span class=\"_ _3\"></span>deferral phase)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3236 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">E<span class=\"_ _6\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn o<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></span></td></tr><tr><td class=\"t m1 x4c0 ha y3237 ff10e fs6 fc0 sc0 ls4 wsd\">Deferred annuity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4be ha y3238 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">L<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp su<span class=\"_ _0\"></span>m dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3239 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed</span><span class=\"ff10f\"><span class=\"_ _0\"></span> </span></td></tr><tr><td class=\"c n x1e5 y323a w229 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swa<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c1 y323a w22a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g le<span class=\"_ _0\"></span>g of swap<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c2 y323a w22b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al flo<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g leg pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y323b w22c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Retail Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c3 y323b w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c4 y323b w22e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w22f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Group Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c5 y312a w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c6 y312a w230 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2a7\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic un<span class=\"_ _0\"></span>it of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns a mix<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to weigh<span class=\"_ _0\"></span>t the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s so that<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2a8\">the re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e of CS<span class=\"_ _0\"></span>M rele<span class=\"_ _0\"></span>ase re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l pack<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>is is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y per<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt to uni<span class=\"_ _0\"></span>ts of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2a9\">co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of imme<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iate an<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _1\"></span>, de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s usu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the two ph<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2aa\">of ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>ase and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e). <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts so that<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2ab\">the<span class=\"_ _0\"></span>y fair<span class=\"_ _0\"></span>ly refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e weig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>ing be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d so that th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2ac\">se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phas<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of any lum<span class=\"_ _0\"></span>p sum dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2ad\">bo<span class=\"_ _0\"></span>th adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted so tha<span class=\"_ _0\"></span>t all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se for all co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r thro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>gh tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs2ae\">out, withdrawa<span class=\"_ _3\"></span>l of<span class=\"_ _3\"></span> funds or<span class=\"_ _3\"></span> death.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls17e ws169 gs2af\">Inv<span class=\"_ _3\"></span>estmen<span class=\"_ _3\"></span>t componen<span class=\"_ _3\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b0\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s the inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t by de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t it woul<span class=\"_ _0\"></span>d be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to repay to the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r in all </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2b1\">sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ios w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc9 ff116 fs0 fc0 sc0 ls0 ws0 gs2b2\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b3\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b4\">the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>cy de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n as to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e all finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b5\">in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, or whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er to disa<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e that re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons in<span class=\"_ _0\"></span>to oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b6\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse has be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s for all insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts exce<span class=\"_ _0\"></span>pt for the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b7\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re it has be<span class=\"_ _0\"></span>en dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fit an<span class=\"_ _0\"></span>d loss an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2b8\">has be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>c allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d total ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2b9\">in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ates d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2ba\">Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk have be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs2bb\">and expenses.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs2bc\">Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls92 wsa1 gs2bd\">The subsequent<span class=\"_ _3\"></span> measurement o<span class=\"_ _3\"></span>f rein<span class=\"_ _3\"></span>surance contracts held<span class=\"_ _c\"></span> follows<span class=\"_ _3\"></span> the s<span class=\"_ _3\"></span>ame principles<span class=\"_ _3\"></span> as t<span class=\"_ _3\"></span>hose f<span class=\"_ _3\"></span>or insurance<span class=\"_ _3\"></span> contracts issued<span class=\"_ _3\"></span> ex<span class=\"_ _3\"></span>cept that </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2be\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss if the rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2bf\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs2c0\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c1\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n it is ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, i.e. wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>ire or are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or can<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ell<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c2\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if its ter<span class=\"_ _0\"></span>ms are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d in a way <span class=\"_ _3\"></span>tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d have chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g for the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly had<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c3\">the ne<span class=\"_ _0\"></span>w term<span class=\"_ _0\"></span>s always exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t bas<span class=\"_ _0\"></span>ed on the mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. If a cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n doe<span class=\"_ _0\"></span>s not res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c4\">de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>en the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p trea<span class=\"_ _0\"></span>ts the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in cash flows ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls92 wsa1 gs2c5\">Financial in<span class=\"_ _3\"></span>struments </div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls4 ws69 gs2c6\">Recognition<span class=\"_ _c\"></span> and derecognition<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c7\">Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is on the trad<span class=\"_ _0\"></span>e date<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h is the date on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c8\">pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of the inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. A fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is init<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus<span class=\"_ _0\"></span>, for a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t or fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y not </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2c9\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to its acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2ca\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs2cb\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>en the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e is evide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>quo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pric<span class=\"_ _0\"></span>e in an act<span class=\"_ _0\"></span>ive mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t for an iden<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (i.e. a Level 1 inpu<span class=\"_ _0\"></span>t) or base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2cc\">tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue tha<span class=\"_ _0\"></span>t uses on<span class=\"_ _0\"></span>ly dat<span class=\"_ _0\"></span>a from ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gain or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs2cd\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in all oth<span class=\"_ _0\"></span>er ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d the timi<span class=\"_ _0\"></span>ng of rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d day one pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t is eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2ce\">am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>r the l<span class=\"_ _0\"></span>ife of t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>til t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>n be d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s or re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs2cf\">through set<span class=\"_ _0\"></span>tlem<span class=\"_ _0\"></span>ent.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs260\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d only wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts to the cash flow<span class=\"_ _0\"></span>s from the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t expir<span class=\"_ _0\"></span>e, or wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20d\">all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isks a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds of o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip to a<span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thi<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se for c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral p<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y h<span class=\"_ _0\"></span>as co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20e\">re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive the ca<span class=\"_ _0\"></span>sh flows ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and whic<span class=\"_ _0\"></span>h is der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t and a corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls38 ws86 gs20f\">return<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs210\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs into tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in its Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r all or subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2d1\">all of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are n<span class=\"_ _0\"></span>ot d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. E<span class=\"_ _6\"></span>xamp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs211\">re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ash c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nle<span class=\"_ _0\"></span>ss t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p d<span class=\"_ _0\"></span>efau<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ts on i<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs213\">In tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r reta<span class=\"_ _0\"></span>ins no<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly all of the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rds of owne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and it<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs214\">re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ues to r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of i<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ing i<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt to<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs262\">whi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs216\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons ex<span class=\"_ _0\"></span>pir<span class=\"_ _0\"></span>e or are disc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or ca<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up al<span class=\"_ _0\"></span>so der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs217\">a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s term<span class=\"_ _0\"></span>s are mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the ca<span class=\"_ _0\"></span>sh flows of the mod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs263\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs219\">On de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at th<span class=\"_ _0\"></span>e date of dere<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21a\">co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng any new ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed le<span class=\"_ _0\"></span>ss any new lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d) is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls82 ws95 gs21b\">Modification<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21c\">If the ter<span class=\"_ _0\"></span>ms of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tes wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the cas<span class=\"_ _0\"></span>h flows of the modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ass<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21d\">If the cas<span class=\"_ _0\"></span>h flows are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to cash flows fr<span class=\"_ _0\"></span>om the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et are de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>have exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21e\">In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t is dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus any el<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. </div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs21f\">Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs220\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es it<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts on in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on as meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ue thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs221\">(F<span class=\"_ _6\"></span>VOC<span class=\"_ _0\"></span>I) and fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL).<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs223\">Th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds on the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flow ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs an<span class=\"_ _0\"></span>d how they ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs224\">en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flow cha<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s test ai<span class=\"_ _0\"></span>ms to iden<span class=\"_ _0\"></span>tif<span class=\"_ _6\"></span>y those ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cash flow<span class=\"_ _0\"></span>s cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>sic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs225\">ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, i.e. whi<span class=\"_ _0\"></span>ch are \u2018so<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ly pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l and inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I). The bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el tes<span class=\"_ _0\"></span>t refe<span class=\"_ _0\"></span>rs to how an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs266\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with th<span class=\"_ _0\"></span>e obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves of gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t, F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I or </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs226\">F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs227\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s that gi<span class=\"_ _0\"></span>ve rise sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2d2\">mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l whos<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve is to <span class=\"_ _3\"></span>hol<span class=\"_ _0\"></span>d the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t usi<span class=\"_ _0\"></span>ng the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2d3\">In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Any gai<span class=\"_ _0\"></span>n or loss on de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion is als<span class=\"_ _0\"></span>o </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2d4\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs268\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI: fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ual te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s that give ri<span class=\"_ _0\"></span>se sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29a\">wh<span class=\"_ _0\"></span>ose ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>d by hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the asse<span class=\"_ _0\"></span>ts to col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r cash flo<span class=\"_ _0\"></span>ws and sel<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the<span class=\"_ _0\"></span>m. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29b\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d, for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ne<span class=\"_ _0\"></span>t gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29c\">in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. On der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, gai<span class=\"_ _0\"></span>ns and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in OCI are re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs269\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>: all oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Net gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st or di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me and for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs29d\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, unle<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>ey ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts in ca<span class=\"_ _0\"></span>sh flow or ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26a\">No<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the above<span class=\"_ _0\"></span>, on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up may ir<span class=\"_ _0\"></span>revo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate to F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise be me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26b\">at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI if doi<span class=\"_ _0\"></span>ng so eli<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or grea<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mism<span class=\"_ _0\"></span>atc<span class=\"_ _0\"></span>h.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs27f\">In mak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l cash flo<span class=\"_ _0\"></span>ws are con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th a basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (tha<span class=\"_ _0\"></span>t is,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs280\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s only co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risk<span class=\"_ _0\"></span>s and a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n that is co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs233\">basi<span class=\"_ _0\"></span>c len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt). This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term tha<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge the ti<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs234\">of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows suc<span class=\"_ _0\"></span>h tha<span class=\"_ _0\"></span>t it would no<span class=\"_ _0\"></span>t mee<span class=\"_ _0\"></span>t this co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. E<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of suc<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms to be cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26e\">wou<span class=\"_ _0\"></span>ld cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt or tim<span class=\"_ _0\"></span>ing of cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, lever<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d exte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>t arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs235\">feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e ti<span class=\"_ _0\"></span>me va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of mo<span class=\"_ _0\"></span>ney (e.g. p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>c re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes). </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26f\">Th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s how the Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in orde<span class=\"_ _0\"></span>r to gene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, i.e. it refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs237\">co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flows fr<span class=\"_ _0\"></span>om ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bot<span class=\"_ _0\"></span>h the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d cash flows ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om the sal<span class=\"_ _0\"></span>e of asset<span class=\"_ _0\"></span>s. If nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs238\">of thes<span class=\"_ _0\"></span>e is appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e (for exampl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d for trad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses), the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mode<span class=\"_ _0\"></span>l is \u2018othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019 an<span class=\"_ _0\"></span>d the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs270\">at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Facto<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Gro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pas<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on how the cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs239\">for th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, how t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to key ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l, h<span class=\"_ _0\"></span>ow ri<span class=\"_ _0\"></span>sks a<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs23a\">managed<span class=\"_ _0\"></span>, and how managers are compensated.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23e\">Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l for cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar tho<span class=\"_ _0\"></span>se ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23f\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>s to fu<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ts li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e is eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs273\">re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n basi<span class=\"_ _0\"></span>s, as sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t bu<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng and se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is unde<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>take<span class=\"_ _0\"></span>n on a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r basis to reba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e its por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o and to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs240\">flows fr<span class=\"_ _0\"></span>om tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts do not fol<span class=\"_ _0\"></span>low a \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _6\"></span>\u2019 or \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sell<span class=\"_ _0\"></span>\u2019<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs241\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el is also ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to rever<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs242\">de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives<span class=\"_ _0\"></span>. Equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs244\">Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>os fo<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>ong d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs245\">bu<span class=\"_ _0\"></span>t in sur<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us to the IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ra<span class=\"_ _0\"></span>te expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, as well as asset<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs12f\">bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with th<span class=\"_ _0\"></span>e SPP<span class=\"_ _0\"></span>I pri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs130\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls70 ws7b gs274\">Receivables are<span class=\"_ _3\"></span> accounted for<span class=\"_ _3\"></span> at amortised cost.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs133\">Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs134\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. </div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls4 ws69 gs136\">Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3\"></span> contract<span class=\"_ _3\"></span> liabilities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs137\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is bec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, as well as the re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs24a\">pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. F<span class=\"_ _0\"></span>or u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e to the v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs138\">valu<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nds a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>. </div><div class=\"t m1 hc9 ff116 fs0 fc0 sc0 ls0 ws0 gs13a\">Co<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls7b ws89 gs13b\">Bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ngs are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d init<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y at fair value<span class=\"_ _0\"></span>, net of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Bor<span class=\"_ _0\"></span>rowi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e diffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13c\">the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc9 ff116 fs0 fc0 sc0 ls4 ws3 gs13e\">Other <span class=\"_ _3\"></span>financial <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13f\">O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d trail c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _6\"></span>, whil<span class=\"_ _0\"></span>e othe<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls70 ws7b gs275\">payable<span class=\"_ _3\"></span> balances ar<span class=\"_ _3\"></span>e measured at<span class=\"_ _3\"></span> amor<span class=\"_ _0\"></span>tised cost.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls5d ws6b gs141\">Derivativ<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs142\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te on w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n tho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls86 wsaa gs143\">des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh flow or net inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng and<span class=\"_ _0\"></span>, are the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs144\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. If such a hyb<span class=\"_ _0\"></span>rid co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins a hos<span class=\"_ _0\"></span>t that is a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs277\">ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts for an em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs145\">fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ho<span class=\"_ _0\"></span>st c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs289\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">it<span class=\"_ _0\"></span>s eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks are not cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y rela<span class=\"_ _0\"></span>ted to thos<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs253\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the te<span class=\"_ _0\"></span>rms of the em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve would have me<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive if the<span class=\"_ _0\"></span>y were co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs148\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the hy<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t is not me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14a\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ves are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, unl<span class=\"_ _0\"></span>ess th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ses to desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re hyb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14b\">A de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in a h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is n<span class=\"_ _0\"></span>ot ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14c\">it<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>f mee<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls51 ws5d gs258\">Coll<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs259\">Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is not le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>lly se<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the Gro<span class=\"_ _0\"></span>up, is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25a\">wi<span class=\"_ _0\"></span>th a cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the rep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Howeve<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up has a cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly en<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le leg<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25b\">rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to ne<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>how<span class=\"_ _0\"></span>n ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25c\">No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved is not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of the co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25d\">cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia from th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ch c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is typ<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: (a<span class=\"_ _3\"></span>) sells or re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts in the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs27b\">abs<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to retu<span class=\"_ _0\"></span>rn thi<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a liabil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; or (<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25e\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is seize<span class=\"_ _0\"></span>d and re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs155\">Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>ly se<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p, is de<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n with a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs156\">co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n. No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al ple<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d is not der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs157\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts on its ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e rele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 ws6c gs158\">within Financial<span class=\"_ _3\"></span> investments.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs2d7\">Im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es on a for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng bas<span class=\"_ _0\"></span>is the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s (ECL) ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20b\">an<span class=\"_ _0\"></span>d FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for suc<span class=\"_ _0\"></span>h loss<span class=\"_ _0\"></span>es at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date. E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value of the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20c\">dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n all co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ca<span class=\"_ _0\"></span>sh flows tha<span class=\"_ _0\"></span>t are due an<span class=\"_ _0\"></span>d all cas<span class=\"_ _0\"></span>h flows that th<span class=\"_ _0\"></span>e enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive (i.e<span class=\"_ _0\"></span>. the cas<span class=\"_ _0\"></span>h sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>l)<span class=\"_ _0\"></span>, weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs260\">base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e new s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>n be e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al to an a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g to a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20d\">1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL or a life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>feti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L is the ECL resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from all po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts over the exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted life of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t; a </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls71 ws7c gs20e\">1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL is the por<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>on of lifeti<span class=\"_ _0\"></span>me ECL res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m defau<span class=\"_ _0\"></span>lt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _c\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t are pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs af<span class=\"_ _0\"></span>ter the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20f\">date<span class=\"_ _0\"></span>. For a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t that is cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t that is not a pur<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>ed fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs261\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s gr<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue of e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs210\">flows<span class=\"_ _0\"></span>, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate. A<span class=\"_ _0\"></span>ny adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is reco<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss as an impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ga<span class=\"_ _0\"></span>in or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs211\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt on a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t as the ina<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to mee<span class=\"_ _0\"></span>t in full an<span class=\"_ _0\"></span>d on time an or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l prom<span class=\"_ _0\"></span>ise of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows, th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs212\">tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ny bre<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e, by any amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t or time (i<span class=\"_ _0\"></span>n exces<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>any po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l plan<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d gr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d)<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs213\">co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tes a defau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t use<span class=\"_ _0\"></span>d for inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs262\">Th<span class=\"_ _0\"></span>e ECL mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l is <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>un fro<span class=\"_ _0\"></span>m the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d its ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted at ever<span class=\"_ _6\"></span>y rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, even if no act<span class=\"_ _0\"></span>ual los<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs215\">even<span class=\"_ _0\"></span>ts have take<span class=\"_ _0\"></span>n plac<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of upda<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts of the ECL mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs216\">af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whil<span class=\"_ _0\"></span>e for asse<span class=\"_ _0\"></span>ts at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI an equ<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d opp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed in oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls92 wsa1 gs217\">comprehensive<span class=\"_ _3\"></span> income. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs218\">In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ECL<span class=\"_ _0\"></span>s at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>al to 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mon<span class=\"_ _0\"></span>th EC<span class=\"_ _0\"></span>L or lifeti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, at each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up is </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs219\">re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to asses<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h \u2018sta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019 a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t fall<span class=\"_ _0\"></span>s into. S<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn of det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk of a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21a\">tha<span class=\"_ _0\"></span>t ul<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs21b\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y heal<span class=\"_ _0\"></span>thy fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h thei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>s of </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2d8\">in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs21d\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 2 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cred<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, bu<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are not cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls38 ws86 gs2d9\">impaired; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs265\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 3 app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs220\">Wh<span class=\"_ _0\"></span>en fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e unde<span class=\"_ _0\"></span>r S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1, <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are und<span class=\"_ _0\"></span>er S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e 2 <span class=\"_ _3\"></span>or 3, life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs221\">An in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t moves down (or up) <span class=\"_ _3\"></span>the st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>IC<span class=\"_ _0\"></span>R) has hap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d (or <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>s rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d).<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs223\">Wh<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs224\">rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve, t<span class=\"_ _0\"></span>hat i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and i<span class=\"_ _0\"></span>s avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>for<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs225\">for<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ard<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on at its dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l. Key indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er a SIC<span class=\"_ _0\"></span>R has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed (eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or in </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5e wsc gs266\">combination)<span class=\"_ _3\"></span> are:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs267\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ade b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on d<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dat<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he le<span class=\"_ _0\"></span>vel of d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2da\">usi<span class=\"_ _0\"></span>ng a rela<span class=\"_ _0\"></span>tive ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>rix<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs228\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on the inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 \u2018wa<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>hli<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u2019;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs229\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal \u2018cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it watc<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts\u2019; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs22a\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a manu<span class=\"_ _0\"></span>al shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>t of an <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to Sta<span class=\"_ _0\"></span>ge 2 on an excep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l basis (whe<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22b\">Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ons of IF<span class=\"_ _0\"></span>RS 9 incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a rebu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le pre<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et has in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs22c\">wh<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ore t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n 30 d<span class=\"_ _0\"></span>ays pas<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is ta<span class=\"_ _0\"></span>ken i<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>is as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs269\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of a <span class=\"_ _c\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>ble in IF<span class=\"_ _0\"></span>RS 9 whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it ca<span class=\"_ _0\"></span>n be assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt has no<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22e\">in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to have low cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22f\">gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rs). This all<span class=\"_ _0\"></span>ows rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECLs as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to, poten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>lif<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>Ls<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs26a\">de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to be th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n of go<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>i.e. i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs230\">ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s) as at the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs231\">wi<span class=\"_ _0\"></span>th a globa<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>too<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of \u2018low cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26d\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s ECL<span class=\"_ _0\"></span>s on its fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t and de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t impa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by usin<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs233\">the pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of defau<span class=\"_ _0\"></span>lt ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h. Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on this met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the ECL<span class=\"_ _0\"></span>s are a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs234\">sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>alls<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>.e. th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s of a def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r thi<span class=\"_ _0\"></span>s pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he key<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26e\">el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to be cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d are the Pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Defau<span class=\"_ _0\"></span>lt (P<span class=\"_ _0\"></span>D), <span class=\"_ _3\"></span>i.e<span class=\"_ _0\"></span>. the esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the likeli<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>od of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t over a <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs235\">or life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e); the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive Los<span class=\"_ _0\"></span>s Give<span class=\"_ _0\"></span>n Defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t (LGD); and the E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e at Defau<span class=\"_ _0\"></span>lt (E<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>D). </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26f\">In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nth or life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me PD<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s util<span class=\"_ _0\"></span>ise his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta ob<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m S&amp;<span class=\"_ _0\"></span>P and Mo<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s in orde<span class=\"_ _0\"></span>r to evalua<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs237\">tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s (i.e. the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that a sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s rati<span class=\"_ _0\"></span>ng in a given yea<span class=\"_ _0\"></span>r) and defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s sce<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al sca<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs238\">the PD<span class=\"_ _0\"></span>s for for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e final PD<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by the mod<span class=\"_ _0\"></span>el are un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, i.e. the<span class=\"_ _0\"></span>y inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te both th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of not </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs270\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il th<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t of th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>at p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d to<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs239\">tha<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>em to b<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d over 12 mon<span class=\"_ _0\"></span>ths to p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>D es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>r ove<span class=\"_ _0\"></span>r all r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs to pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5e wsc gs23a\">PD estimates.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23e\">LGD is the mag<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>de of the likel<span class=\"_ _0\"></span>y los<span class=\"_ _0\"></span>s if ther<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, base<span class=\"_ _0\"></span>d on the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes of clai<span class=\"_ _0\"></span>ms agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23f\">an<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs240\">E<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>D rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re in the even<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes LGD bas<span class=\"_ _0\"></span>ed on the his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>over<span class=\"_ _6\"></span>y rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs241\">def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. A<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate hai<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>ne un<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d LGDs and us<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>es to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs242\">es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate LGD for ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs244\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed a simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h for trad<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is allo<span class=\"_ _0\"></span>ws </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs245\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y remov<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ne<span class=\"_ _0\"></span>ed to ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y SI<span class=\"_ _0\"></span>CR<span class=\"_ _0\"></span>s. For th<span class=\"_ _0\"></span>ese bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n matr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs12f\">or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate suc<span class=\"_ _0\"></span>h life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is is a prac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l expe<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>ed by IFR<span class=\"_ _0\"></span>S 9 wher<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y histo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loss ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d fixed lo<span class=\"_ _0\"></span>ss rate<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs130\">are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. His<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s rate<span class=\"_ _0\"></span>s are adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d to allow for for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g info<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls5d ws68 gs274\">Hedge accounting<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs132\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia ar<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs133\">flow of the de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g can be app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs135\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fair valu<span class=\"_ _0\"></span>e move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>a rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or an unre<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, or a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of any suc<span class=\"_ _0\"></span>h </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs249\">ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, that is at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to a <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r risk an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs137\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0 ls78 ws7f\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in cash flo<span class=\"_ _0\"></span>ws at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> to <span class=\"_ _3\"></span>a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h all<span class=\"_ _0\"></span>, or a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of, a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2dc\">or a high<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, that co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs138\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to the c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy r<span class=\"_ _0\"></span>isk a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th a n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n a fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13a\">Th<span class=\"_ _0\"></span>e rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d the hed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th the ri<span class=\"_ _0\"></span>sk man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13b\">the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, are doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d form<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13c\">ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d how t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up w<span class=\"_ _0\"></span>ill as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13d\">ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>). A he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13e\">re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng if it mee<span class=\"_ _0\"></span>ts all of the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs275\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is an ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs140\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk do<span class=\"_ _0\"></span>es not do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate th<span class=\"_ _0\"></span>e value ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m that ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs141\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tio of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p is th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e as th<span class=\"_ _0\"></span>at r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y of the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2dd\">the q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>es to h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t qua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs276\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te risks on it<span class=\"_ _0\"></span>s fixed ra<span class=\"_ _0\"></span>te US<span class=\"_ _0\"></span>D den<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs (the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>ms),<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs144\">usi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate swa<span class=\"_ _0\"></span>ps (th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s). It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ain o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ite<span class=\"_ _0\"></span>ms i<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs277\">Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and in a sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. The gai<span class=\"_ _0\"></span>n or loss re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion is<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs145\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d imm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs146\">ite<span class=\"_ _0\"></span>m affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs253\">Fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs148\">Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at wo<span class=\"_ _0\"></span>uld b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved to s<span class=\"_ _0\"></span>ell a<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or pa<span class=\"_ _0\"></span>id to tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls7a ws80 gs149\">measuremen<span class=\"_ _0\"></span>t date.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs278\">Fair val<span class=\"_ _0\"></span>ue mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le and un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>a obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14b\">sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew of marke<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the ab<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14c\">ut<span class=\"_ _0\"></span>ilis<span class=\"_ _0\"></span>es te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat m<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se of ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e use of u<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs258\">Th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce. In ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n circ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the fair<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs259\">valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. If t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is ev<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>on to a q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket fo<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25a\">ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, or i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at u<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y da<span class=\"_ _0\"></span>ta fr<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25b\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gai<span class=\"_ _0\"></span>n or loss in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. In all oth<span class=\"_ _0\"></span>er cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2de\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at init<span class=\"_ _0\"></span>ial rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pric<span class=\"_ _0\"></span>e is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t over the life<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25c\">of the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m a ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge i<span class=\"_ _0\"></span>n a fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tim<span class=\"_ _0\"></span>e) that m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls38 ws6a gs25d\">the instru<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls78 ws7f gs25e\">Reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls92 ws96 gs2df\">Insurance <span class=\"_ _3\"></span>revenue<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs155\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs156\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to be e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e for t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs157\">the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of the tota<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts (i.e<span class=\"_ _0\"></span>. the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of prem<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms pai<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t (the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs158\">money<span class=\"_ _3\"></span>) and e<span class=\"_ _3\"></span>xcluding<span class=\"_ _3\"></span> any in<span class=\"_ _3\"></span>vestment components<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs260\">Th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of:<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs20e\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of the CS<span class=\"_ _0\"></span>M;<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs20f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k rela<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>; </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs261\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od;<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs210\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than tho<span class=\"_ _0\"></span>se tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>;<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs2d1\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>st r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to the r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s on t<span class=\"_ _0\"></span>he ba<span class=\"_ _0\"></span>sis of<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2e1\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d; an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs212\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">oth<span class=\"_ _0\"></span>er am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any othe<span class=\"_ _0\"></span>r pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flow asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at the date of ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs214\">Fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs262\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fo<span class=\"_ _0\"></span>r cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Fe<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs215\">the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual fe<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as reve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ue as t<span class=\"_ _0\"></span>he se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs217\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om fe<span class=\"_ _0\"></span>es fo<span class=\"_ _0\"></span>r ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng of f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds in p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs263\">ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d on the timi<span class=\"_ _0\"></span>ng or tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs218\">In the ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fee<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e is subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to mee<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e thre<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e is not rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d unti<span class=\"_ _0\"></span>l the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs219\">co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>, and it is hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t no sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t rever<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d occ<span class=\"_ _0\"></span>ur. V<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21a\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d over w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>s ear<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21b\">T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fee<span class=\"_ _0\"></span>s are cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>es for cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>ch fee<span class=\"_ _0\"></span>s are cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed at the tim<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n takes pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e and are bas<span class=\"_ _0\"></span>ed on the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21c\">size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. </div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls82 ws85 gs21e\">Other operational<span class=\"_ _c\"></span> income from contracts<span class=\"_ _3\"></span> with customers<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls5e wsc gs265\">House building<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21f\">Ho<span class=\"_ _0\"></span>use b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ing r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e sal<span class=\"_ _0\"></span>e of re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd la<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d ne<span class=\"_ _0\"></span>t of di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d sal<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. I<span class=\"_ _0\"></span>t al<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs220\">in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es sale pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. Sal<span class=\"_ _0\"></span>es of pri<span class=\"_ _0\"></span>vate ho<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on leg<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l hou<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs221\">mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d so<span class=\"_ _0\"></span>ld u<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h a sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er, t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y a ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs222\">tim<span class=\"_ _0\"></span>e in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e with co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss. S<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>s of land and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on unc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, nam<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y whe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs223\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or m<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs224\">ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve rese<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d regi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al var<span class=\"_ _0\"></span>iati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs266\">Warr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on all prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m 2-<span class=\"_ _3\"></span>10 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Due to thei<span class=\"_ _0\"></span>r featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>ese do no<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. </div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs267\">Profe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s fe<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs227\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s profe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es fe<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m pr<span class=\"_ _0\"></span>ofes<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>yor<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d thi<span class=\"_ _0\"></span>rd<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs228\">man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fee<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se fe<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n fee s<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Reve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ue is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wh<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>he se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e has b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls8b ws8a gs229\">render<span class=\"_ _3\"></span>ed.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs268\">In ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ves p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nveya<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22b\">base<span class=\"_ _0\"></span>d on an agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>uld be tie<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on volu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. The ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in su<span class=\"_ _0\"></span>ch ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed on co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22c\">se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the reven<span class=\"_ _0\"></span>ue is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re is no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e timi<span class=\"_ _0\"></span>ng or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of fee reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff115 fs0 fc0 sc0 ls0 ws3 gs269\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ker fe<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs22e\">Fee<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d on e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to the c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r as p<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>he ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. R<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e for p<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22f\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at the poi<span class=\"_ _0\"></span>nt in tim<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>n the int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y has satis<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed it<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>at is whe<span class=\"_ _0\"></span>n the ter<span class=\"_ _0\"></span>ms of the insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y have </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26a\">be<span class=\"_ _0\"></span>en ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r and po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>er has a pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rig<span class=\"_ _0\"></span>ht to paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m the pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26b\">jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d on the timi<span class=\"_ _0\"></span>ng or tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls82 ws95 gs27f\">Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>return<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs280\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed fai<span class=\"_ _0\"></span>r value ga<span class=\"_ _0\"></span>ins an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fair valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs233\">los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s are a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n an ex-<span class=\"_ _6\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s it a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs234\">the e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d on t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. R<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>als b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd is g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ne ba<span class=\"_ _0\"></span>sis u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26e\">the<span class=\"_ _0\"></span>re is co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e that be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts do not ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e evenl<span class=\"_ _0\"></span>y over the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of the lea<span class=\"_ _0\"></span>se. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs235\">cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L) is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26f\">A gain or los<span class=\"_ _0\"></span>s on a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is onl<span class=\"_ _0\"></span>y reali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on disp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d is the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>, ne<span class=\"_ _0\"></span>t of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs237\">tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>ts or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t or a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, as a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te. Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d gai<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s on i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs238\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs239\">Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d gai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r and t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>t the p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us ye<span class=\"_ _0\"></span>ar e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23a\">or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, less t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>ever<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s in re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>f dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>s mad<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs272\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23c\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ey are in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y exclu<span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23d\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs23f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed by los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns;<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs273\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es;<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs240\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs241\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls3 ws6c\">insurance acquisition cost a<span class=\"_ _3\"></span>sset impairment.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls3 wsa4 gs243\">Dividends<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs244\">In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>im d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds o<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d in w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re pa<span class=\"_ _0\"></span>id. F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s on o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs245\">are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in th<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey have b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls3 ws6c gs130\">Earnings per share<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs131\">Ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>e is a <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of the por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pro<span class=\"_ _0\"></span>fit all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to each ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g shar<span class=\"_ _0\"></span>e. It is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d by divi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ne<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs274\">at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s by th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>f ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>res i<span class=\"_ _0\"></span>n is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs132\">tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s. For thi<span class=\"_ _0\"></span>s pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, net in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me is de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t af<span class=\"_ _0\"></span>ter ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>, at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d from<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 ws6c gs133\">continuing operations. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs135\">For di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ted ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>e, the we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s in issu<span class=\"_ _0\"></span>e, excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s, is adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs136\">to ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>on of a<span class=\"_ _0\"></span>ll di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sh<span class=\"_ _0\"></span>are i<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs137\">are t<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tive w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>et e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls5d ws6b gs138\">Intangible <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs139\">In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t of ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s par<span class=\"_ _6\"></span>t of a bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs13a\">relationsh<span class=\"_ _3\"></span>ips and<span class=\"_ _3\"></span> brand). </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13c\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, they are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed at cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usefu<span class=\"_ _0\"></span>l life on a </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13d\">st<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. C<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nall<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>an b<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y, the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13e\">pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ly an<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly feas<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ds to and has suffi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13f\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te suc<span class=\"_ _0\"></span>h deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and to use or sell th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e, su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as incu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs140\">In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed v<span class=\"_ _0\"></span>ia bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>lin<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5f ws44 gs141\">estimated useful life. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs143\">Th<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s for inta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs144\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">IT d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>: 3 \u2013 1<span class=\"_ _3\"></span>0 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs277\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls7a ws80\">Customer relationship: 3 y<span class=\"_ _3\"></span>ears<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs146\">Am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s, use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives an<span class=\"_ _0\"></span>d any expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s are rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs253\">Th<span class=\"_ _0\"></span>e bra<span class=\"_ _0\"></span>nd bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up is dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to have an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul life and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e not amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs149\">In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14a\">in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs278\">the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs14b\">re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls82 ws95 gs27a\">Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs258\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d and b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h, a<span class=\"_ _0\"></span>s wel<span class=\"_ _0\"></span>l as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s of th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs259\">sam<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y is c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges i<span class=\"_ _0\"></span>n fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25a\">Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n. Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25b\">eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>ny im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d or fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs25c\">Cas<span class=\"_ _0\"></span>h and c<span class=\"_ _0\"></span>ash e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs25d\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h in ha<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>ll wi<span class=\"_ _0\"></span>th ba<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y bi<span class=\"_ _0\"></span>lls a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs27b\">mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ee m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s or le<span class=\"_ _0\"></span>ss f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the d<span class=\"_ _0\"></span>ate of a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs2df\">Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs155\">Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by the Grou<span class=\"_ _0\"></span>p (<span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>ch as lan<span class=\"_ _0\"></span>d and offic<span class=\"_ _0\"></span>e and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r buil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>or he<span class=\"_ _0\"></span>ld und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lease<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs156\">ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (suc<span class=\"_ _0\"></span>h as office bu<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, IT equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es). Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>r occ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y held by a fund<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs157\">the un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts for its inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s. In acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h IAS 16, \u2018Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, Plan<span class=\"_ _0\"></span>t and Equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019 th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs158\">thi<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>t at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in fair valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs209\">Al<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cal c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2d7\">over t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted u<span class=\"_ _0\"></span>sef<span class=\"_ _0\"></span>ul l<span class=\"_ _0\"></span>ife. A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>ful l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d any ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>wed a<span class=\"_ _0\"></span>t ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20a\">adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20c\">An i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w of Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>neve<span class=\"_ _0\"></span>r eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts or c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs260\">tha<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t may not be rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et is gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r than it<span class=\"_ _0\"></span>s est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs20d\">the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>\u2019s fair val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of dis<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l and v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it i<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n d<span class=\"_ _0\"></span>own i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y to it<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs20e\">im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls3 wsa4 gs261\">Leases<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls3 wsa4 gs210\">Lessee<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2d1\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, it rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et as \u2018ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se\u2019 ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and leas<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs212\">Th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s\u2019 va<span class=\"_ _0\"></span>lue i<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f the l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs213\">rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the co<span class=\"_ _0\"></span>st mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>, \u2018P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Pla<span class=\"_ _0\"></span>nt and Eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 or as invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs214\">pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>AS 4<span class=\"_ _0\"></span>0, \u2018<span class=\"_ _0\"></span>Inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs262\">im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>rs ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs216\">Th<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tial me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e leas<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is made up of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ase pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to be made over the lea<span class=\"_ _0\"></span>se ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fixed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs217\">lea<span class=\"_ _0\"></span>se pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng le<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ve re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rat<span class=\"_ _0\"></span>e as a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate fo<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs263\">lea<span class=\"_ _0\"></span>se li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>nwou<span class=\"_ _0\"></span>nd ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rm of t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e giv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ri<span class=\"_ _0\"></span>se to an i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>. Add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, the l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs218\">wh<span class=\"_ _0\"></span>en l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mad<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f lea<span class=\"_ _0\"></span>se li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s if c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs219\">mo<span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>he o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te th<span class=\"_ _0\"></span>e le<span class=\"_ _0\"></span>ase b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs264\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up lea<span class=\"_ _0\"></span>ses offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, I<span class=\"_ _0\"></span>T equi<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g leas<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21b\">el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ma<span class=\"_ _0\"></span>ke use of t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n exe<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns as p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>ith a te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m of 1<span class=\"_ _3\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs o<span class=\"_ _0\"></span>r les<span class=\"_ _0\"></span>s), </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21c\">an<span class=\"_ _0\"></span>d lease co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts for whi<span class=\"_ _0\"></span>ch the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t is of <span class=\"_ _3\"></span>low valu<span class=\"_ _0\"></span>e. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h leas<span class=\"_ _0\"></span>es are not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs21d\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d le<span class=\"_ _0\"></span>ase p<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts a<span class=\"_ _0\"></span>s an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e over t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e ter<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls3 wsa4 gs265\">Lessor<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs21f\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is the le<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leas<span class=\"_ _0\"></span>es if the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to the less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs220\">an<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es if t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>y are n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>lly t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs222\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies to t<span class=\"_ _0\"></span>hir<span class=\"_ _0\"></span>d pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y al<span class=\"_ _0\"></span>l the r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks an<span class=\"_ _0\"></span>d rew<span class=\"_ _0\"></span>ard i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l to </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs223\">own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip are tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the les<span class=\"_ _0\"></span>see<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s. At the leas<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>, the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs224\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t on its ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the leas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs225\">eq<span class=\"_ _0\"></span>ual to the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue of the leas<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me over th<span class=\"_ _0\"></span>e lease ter<span class=\"_ _0\"></span>m to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ra<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn on the ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs266\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs267\">Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed to s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>n all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d rewa<span class=\"_ _0\"></span>rd of ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs227\">the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed as op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s. Leas<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g leas<span class=\"_ _0\"></span>es is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs228\">on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asis ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e le<span class=\"_ _0\"></span>ase te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls7a wsa6 gs22a\">Provisions<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs268\">Prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has a pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>gal or co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as a resul<span class=\"_ _0\"></span>t of past even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t an out<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22b\">of reso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s emb<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll be req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, and a relia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n can be<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22c\">mad<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>be re<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, for exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e reim<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as a </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs22d\">se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t b<span class=\"_ _0\"></span>ut o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is vi<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs269\">be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to be der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d from a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t are le<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>n the unavoi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts of mee<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs22f\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2e4\">Th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s is the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of the defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs230\">ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on at the ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date le<span class=\"_ _0\"></span>ss the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d any sur<span class=\"_ _0\"></span>plu<span class=\"_ _0\"></span>s in the Fund an<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me is not res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Pla<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs231\">excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. The de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n is <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y each yea<span class=\"_ _0\"></span>r usin<span class=\"_ _0\"></span>g the pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted un<span class=\"_ _0\"></span>it me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs232\">Th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt valu<span class=\"_ _0\"></span>e of the defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cash ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ows. Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rate is base<span class=\"_ _0\"></span>d on </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26d\">mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>ds of high qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d in the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s will be pai<span class=\"_ _0\"></span>d, an<span class=\"_ _0\"></span>d that have ter<span class=\"_ _0\"></span>ms to </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs233\">mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te to th<span class=\"_ _0\"></span>ose o<span class=\"_ _0\"></span>f the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26e\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pays co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>. The G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p has no fur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s onc<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs235\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have be<span class=\"_ _0\"></span>en pai<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>y are due<span class=\"_ _0\"></span>. Pre<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s are<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs236\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t a ca<span class=\"_ _0\"></span>sh r<span class=\"_ _0\"></span>efu<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>r a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s is avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls17f ws1a1 gs237\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls82 ws85 gs238\">Current tax<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs270\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t tax co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s tax paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt yea<span class=\"_ _0\"></span>r profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and any ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts to tax paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs239\">in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. Cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ta<span class=\"_ _0\"></span>x is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23a\">Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls8b ws8e gs272\">Def<span class=\"_ _3\"></span>erred t<span class=\"_ _3\"></span>ax<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs23c\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x is c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ta<span class=\"_ _0\"></span>x val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s. D<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax i<span class=\"_ _0\"></span>s als<span class=\"_ _0\"></span>o </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23d\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of unu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d tax lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t it is prob<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll ari<span class=\"_ _0\"></span>se agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>ch the lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s can be ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23e\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax is cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed to the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s char<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23f\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc9 sc0 ls0 ws0 gs240\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ble to pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs241\">Th<span class=\"_ _0\"></span>e total ta<span class=\"_ _0\"></span>x exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se show<span class=\"_ _0\"></span>n in the Gro<span class=\"_ _0\"></span>up\u2019s Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e tax bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne by both po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hold<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs242\">Th<span class=\"_ _0\"></span>is has be<span class=\"_ _0\"></span>en sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s and equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Polic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r ta<span class=\"_ _0\"></span>x com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the ta<span class=\"_ _0\"></span>x suf<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs243\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r tax is cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ta<span class=\"_ _0\"></span>x cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed on eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is inte<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs244\">to provi<span class=\"_ _0\"></span>de mo<span class=\"_ _0\"></span>re rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the ta<span class=\"_ _0\"></span>x that th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pays on the pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t it makes<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc9 sc0 ls0 ws3 gs12f\">Use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs130\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e use of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs131\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e. Al<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs274\">cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts m<span class=\"_ _0\"></span>ay dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs133\">For t<span class=\"_ _0\"></span>ax t<span class=\"_ _0\"></span>his i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n ta<span class=\"_ _0\"></span>x po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls5d ws68 gs134\">income supporting deferred<span class=\"_ _3\"></span> tax asset r<span class=\"_ _3\"></span>ecognition.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs136\">As the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>it is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the jur<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in whic<span class=\"_ _0\"></span>h it ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs137\">ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive and si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is bas<span class=\"_ _0\"></span>ed on int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs24a\">le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s have as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mfo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs138\">tha<span class=\"_ _0\"></span>t the prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in plac<span class=\"_ _0\"></span>e are not mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lly or in agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, and that a reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve outc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e in the nex<span class=\"_ _0\"></span>t fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l year<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs139\">wou<span class=\"_ _0\"></span>ld n<span class=\"_ _0\"></span>ot have a m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct to t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls92 wsa1 gs13b\">Foreign e<span class=\"_ _3\"></span>xchange and<span class=\"_ _c\"></span> exchange rates<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13c\">For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te pr<span class=\"_ _0\"></span>evai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he da<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13d\">fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy o<span class=\"_ _0\"></span>f the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s forei<span class=\"_ _0\"></span>gn o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs13e\">an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of a<span class=\"_ _0\"></span>ll of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nto s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy, at t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ra<span class=\"_ _0\"></span>te at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs13f\">the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es are tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d at aver<span class=\"_ _0\"></span>age exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. On con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, exch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs275\">fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d of b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es of s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs140\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>aken to a s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs142\">For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y as qua<span class=\"_ _0\"></span>lif<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g cas<span class=\"_ _0\"></span>h flow </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs143\">or n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls7a wsa6 gs144\">Share<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>based pa<span class=\"_ _3\"></span>ymen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs277\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>nd aw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, un<span class=\"_ _0\"></span>til s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h ti<span class=\"_ _0\"></span>me as t<span class=\"_ _0\"></span>hey a<span class=\"_ _0\"></span>re f<span class=\"_ _0\"></span>ull<span class=\"_ _0\"></span>y ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs145\">me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od of a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e, s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over t<span class=\"_ _0\"></span>he ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs146\">ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he to<span class=\"_ _0\"></span>tal a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to be e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue of t<span class=\"_ _0\"></span>he awa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>xclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of any n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs289\">ves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. At e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>ts es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs253\">exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct of the rev<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, if any, in the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and a cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is made to </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs148\">eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. On ves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g or e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, the d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t to th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs149\">to reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re new sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved ar<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ted to shar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al and sh<span class=\"_ _0\"></span>are pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs278\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, sha<span class=\"_ _0\"></span>re pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m and em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e trea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs14b\">An e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is any co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h evid<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t in the ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts of an ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. It follows tha<span class=\"_ _0\"></span>t a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is trea<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs279\">as eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y if<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs258\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is no co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on unf<span class=\"_ _0\"></span>avou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e term<span class=\"_ _0\"></span>s; and<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs259\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is e<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns n<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r a var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of o<span class=\"_ _0\"></span>wn e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r is a </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2e6\">de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive whi<span class=\"_ _0\"></span>ch wil<span class=\"_ _0\"></span>l be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d onl<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g a fixed amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cash<span class=\"_ _0\"></span>, or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, for a <span class=\"_ _3\"></span>fixe<span class=\"_ _0\"></span>d num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of its own eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls3 wsa4 gs2e7\">instruments.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25c\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e any Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion pa<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g any dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls71 ws7c gs25d\">(net of inco<span class=\"_ _0\"></span>me ta<span class=\"_ _0\"></span>xes), is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re suc<span class=\"_ _0\"></span>h sha<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, reiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d or othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs27b\">of, any c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d is in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t of any d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs25e\">re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>res he<span class=\"_ _0\"></span>ld on be<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>f of empl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e shar<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es are di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed as suc<span class=\"_ _0\"></span>h on the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls3 wsa4 gs155\">Fiduciar<span class=\"_ _0\"></span>y activities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs156\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h fidu<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r with as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to retu<span class=\"_ _0\"></span>rn su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs157\">to cus<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, are not in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed in the<span class=\"_ _0\"></span>se fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts in a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>for in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce as a trus<span class=\"_ _0\"></span>tee or ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, it has </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs158\">no c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> </div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls0 ws3 gs2e9\">(viii<span class=\"_ _0\"></span>) Fo<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2ea\">Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs2eb\"><table class=\"s w231 h144\" id=\"_12540d2a-6db7-41ec-84ad-e61e598f525c\"><tr><td></td><td class=\"c n x1e5 y323d w232 h13d\"><div class=\"t m1 x1e4 h11 y323c ff10c fs2 fc0 sc0 ls4 ws3\">Year e<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s<span class=\"_ _1f6\"> </span><span class=\"ls3a ws46\">2023<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n x4c7 y323f w233 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w234 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c8 y31cc w235 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c9 y31cc w207 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w236 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">Euro<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ca y312a w10c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 ws19c\">1<span class=\"_ _0\"></span>.15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cb y312a w237 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"gs2ec\"><table class=\"s w238 h144\" id=\"_6859b1fc-156e-4684-85dc-79cbe3b4a210\"><tr><td></td><td class=\"c n x1e5 y323d w239 h141\"><div class=\"t m1 x1e4 h11 y323c ff10c fs2 fc0 sc0 ls35 ws42\">Av<span class=\"_ _3\"></span>erage exchange<span class=\"_ _3\"></span> rates<span class=\"_ _1f9\"> </span><span class=\"ls3a ws46\">2023<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n x4cc y323f w233 h146\"><div class=\"t m1 x1e4 h11 y3240 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w234 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c8 y31cc w235 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cd y31cc w23a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w236 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">Euro<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ca y312a w10c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 ws19c\">1<span class=\"_ _0\"></span>.15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cb y312a w237 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-632": {
   "value": "1 Bas<span class=\"_ _0\"></span>is of p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc<span class=\"_ _0\"></span>, a publ<span class=\"_ _0\"></span>ic lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d and do<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ed in En<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d Wales<span class=\"_ _0\"></span>, ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss four br<span class=\"_ _0\"></span>oad bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss are<span class=\"_ _0\"></span>as of re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h it<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies a<span class=\"_ _0\"></span>nd as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Un<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om (<span class=\"_ _0\"></span>U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>), t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Un<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes (U<span class=\"_ _0\"></span>S) and oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the worl<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> (i) Basis of<span class=\"_ _3\"></span> preparation<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d in acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h UK-<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g S<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds (IF<span class=\"_ _0\"></span>RS) as issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al Acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g S<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s Boar<span class=\"_ _0\"></span>d (IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B), an<span class=\"_ _0\"></span>d rela<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e. End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Boar<span class=\"_ _0\"></span>d (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>EB). The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cos<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, as modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed by the reva<span class=\"_ _0\"></span>lua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts) at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h sta<span class=\"_ _0\"></span>te fair<span class=\"_ _0\"></span>ly it<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and cas<span class=\"_ _0\"></span>h flows for a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es have b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to al<span class=\"_ _0\"></span>l yea<span class=\"_ _0\"></span>rs p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>. Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t unl<span class=\"_ _0\"></span>ess a leg<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y enfo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e righ<span class=\"_ _0\"></span>t of offs<span class=\"_ _0\"></span>et exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>re is an inte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d amou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basi<span class=\"_ _0\"></span>s. Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me and ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s are not of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d or p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>ny ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d or I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial R<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e (I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C) inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, as d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up.<span class=\"_ _3ad\"> </span>(ii) Going<span class=\"_ _3\"></span> concern<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ties<span class=\"_ _0\"></span>, to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs l<span class=\"_ _0\"></span>ikel<span class=\"_ _0\"></span>y to af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct i<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t in this An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t &amp; <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, its ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> are de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d in thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ris<span class=\"_ _0\"></span>ks and un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed on pag<span class=\"_ _0\"></span>es 56 to 59.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s have ma<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s goin<span class=\"_ _0\"></span>g c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>oth t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k for a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of at<span class=\"_ _0\"></span> lea<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t not lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d to, 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs fro<span class=\"_ _0\"></span>m the date of app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up to <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span> date of iss<span class=\"_ _0\"></span>ue of this An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t &amp; acco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es and mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s its ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>es var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us str<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>se infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, to tho<span class=\"_ _0\"></span>se p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>rom m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket d<span class=\"_ _0\"></span>own<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns. O<span class=\"_ _0\"></span>ur ke<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d the i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>n ou<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fro<span class=\"_ _0\"></span>m a ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.01 of th<span class=\"_ _0\"></span>e Ful<span class=\"_ _0\"></span>l year r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in t<span class=\"_ _0\"></span>he 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 Pr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t1<span class=\"_ _3ad\"> </span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ses d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t gi<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>se to any<span class=\"_ _0\"></span> mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>es over the ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the Gro<span class=\"_ _0\"></span>up to con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ue as a goin<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n. Bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on the avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r that<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has the pla<span class=\"_ _0\"></span>ns and re<span class=\"_ _0\"></span>sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to mana<span class=\"_ _0\"></span>ge it<span class=\"_ _0\"></span>s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ris<span class=\"_ _0\"></span>ks suc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and that it re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ins fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y stro<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d well dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>Havi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e prin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l risks an<span class=\"_ _0\"></span>d unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (bo<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) in ligh<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, as de<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d on pag<span class=\"_ _0\"></span>es 56 to 59, the dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s are co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any wil<span class=\"_ _0\"></span>l have suffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ue to mee<span class=\"_ _0\"></span>t its lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies as they fal<span class=\"_ _0\"></span>l due for<span class=\"_ _0\"></span> a per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of, <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>t not lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d to, 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs fro<span class=\"_ _0\"></span>m the date of app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e have cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d it ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>t the go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n basis of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) New s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to pub<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t time in it<span class=\"_ _0\"></span>s ann<span class=\"_ _0\"></span>ual re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>IF<span class=\"_ _0\"></span>RS 17 \u2013 Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 and IFR<span class=\"_ _0\"></span>S 9, \u2018Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 for the fir<span class=\"_ _0\"></span>st ti<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span> have bro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ht si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly, and have had<span class=\"_ _0\"></span> a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of init<span class=\"_ _0\"></span>ial ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019 was ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in May 201<span class=\"_ _3\"></span>7 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, and su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts we<span class=\"_ _0\"></span>re issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in Jun<span class=\"_ _0\"></span>e 2020<span class=\"_ _0\"></span>. Endo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> for use in the U<span class=\"_ _0\"></span>K was gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>2. Th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 4, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019, and has bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly, in line wit<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed for in the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>es a com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch for ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> measurement, income stat<span class=\"_ _3\"></span>ement presentation<span class=\"_ _3\"></span> and disclosur<span class=\"_ _3\"></span>e. IF<span class=\"_ _0\"></span>RS 9, \u2018F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts\u2019 was iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in Jul<span class=\"_ _0\"></span>y 201<span class=\"_ _3\"></span>4 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve for ann<span class=\"_ _0\"></span>ual pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng on or af<span class=\"_ _0\"></span>ter 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 201<span class=\"_ _3\"></span>8. Th<span class=\"_ _0\"></span>e IA<span class=\"_ _0\"></span>SB<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d \u2018<span class=\"_ _c\"></span>A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IFR<span class=\"_ _0\"></span>S 4: App<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h IFR<span class=\"_ _0\"></span>S 4 <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s\u2019 whic<span class=\"_ _0\"></span>h allo<span class=\"_ _0\"></span>wed en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>t cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to defer the<span class=\"_ _0\"></span>ir im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l adop<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts\u2019 or 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, whic<span class=\"_ _0\"></span>heve<span class=\"_ _0\"></span>r is the<span class=\"_ _0\"></span> ear<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er. <span class=\"_ _3\"></span>In Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>, the IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y exemp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in IF<span class=\"_ _0\"></span>RS 4 from ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng IF<span class=\"_ _0\"></span>RS 9 to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ods be<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>inn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d made use of this def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, and has th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9 for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IA<span class=\"_ _0\"></span>S 39, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d Meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s new pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>es an im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d new req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g. IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y. Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the new ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>1 of th<span class=\"_ _0\"></span>e Fu<span class=\"_ _0\"></span>ll ye<span class=\"_ _0\"></span>ar r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 P<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt R<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t is u<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y and pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h all res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ear<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y lab<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d as s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>his r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t.<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ior pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>was ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng 30 Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>23. Th<span class=\"_ _0\"></span>is info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on was una<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Sin<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt of the det<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d work an<span class=\"_ _0\"></span>d rev<span class=\"_ _0\"></span>iew un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se the nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in this re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch has now be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n audi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have now be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the prio<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. Th<span class=\"_ _0\"></span>is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Chan<span class=\"_ _0\"></span>ge in inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with no im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t on pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t. In tota<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the pare<span class=\"_ _0\"></span>nt was an inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase of \u00a31<span class=\"_ _3\"></span>9m as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, and a decr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a34<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>m as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>ne ite<span class=\"_ _0\"></span>ms in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Cons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow. <table class=\"s w18c h139\" id=\"_3e67ff51-8103-48f2-ade9-886d78975dd1\"><tr><td></td><td class=\"t m1 x3fb h1b y31b5 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fc h1b y31b6 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td class=\"t m1 x3fd h1b y31b7 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x3fe h1b y31b8 ff10c fs2 fc0 sc0 ls91 wsda\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3ff h1b y31b9 ff10c fs2 fc0 sc0 ls4 ws3\">du<span class=\"_ _0\"></span>e to a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>f </td><td class=\"t m1 x400 h1b y31ba ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x401 h1b y31bb ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x226 h1b y31bc ff10c fs2 fc0 sc0 ls3a ws46\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x402 h1b y31bd ff10c fs2 fc0 sc0 ls34 ws41\">(<span class=\"_ _3\"></span>as reported)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x403 h1b y31be ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9 a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x404 h1b y31bf ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 9<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y31c0 ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h1b y31c1 ff10c fs2 fc0 sc0 ls114 wsa1\">(restated)<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y31c2 ff10d fs2 fc0 sc0 ls4 ws3\">Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t it<span class=\"_ _0\"></span>em<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x406 h1b y31c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y31c4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y31c5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y31c6 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y31c7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31c8 w18d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Financial investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40a y31c8 w18e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40b y31c8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(29)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40c y31c8 w18f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40d y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40e y31c8 w190 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff10e fs6 fc0 sc0 lse wsc\">Net insuranc<span class=\"_ _0\"></span>e contrac<span class=\"_ _0\"></span>t liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x40f y31ca w191 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(82<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x410 y31ca w192 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x411 y31ca w110 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x412 y31ca w193 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x413 y31ca w194 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w195 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Net deferred tax (liabili<span class=\"_ _0\"></span>ties)<span class=\"_ _3\"></span>/assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x414 y31cb w196 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(2<span class=\"_ _0\"></span>49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x415 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x416 y31cb w197 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x417 y31cb w198 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x418 y31cb w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x419 y31cc w19a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _c\"></span>444,9<span class=\"_ _3\"></span>94<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41a y31cc w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">228<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41b y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41c y31cc w19b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41d y31cc w19c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _3\"></span>444,<span class=\"_ _3\"></span>799<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w19d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41e y312a w19e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x420 y312a w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x421 y312a w19f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls13 ws17\">(<span class=\"_ _3\"></span>4,988<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y312a wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">4<span class=\"_ _0\"></span>,96<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>f re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the new acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds doe<span class=\"_ _0\"></span>s not cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the tota<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d over the life of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, nor th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>cs o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>s not c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y, solve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on no<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ayi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> capacity or<span class=\"_ _3\"></span> appetite.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the full re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h unl<span class=\"_ _0\"></span>ess im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e full re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re eac<span class=\"_ _0\"></span>h gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts as if IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 had alw<span class=\"_ _0\"></span>ays app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise any exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es that wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>t exis<span class=\"_ _0\"></span>t had IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 always app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise a<span class=\"_ _0\"></span>ny re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>et d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>If it was imp<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to appl<span class=\"_ _0\"></span>y a full ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch to a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has c<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>en be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h and the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. If the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not obt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios on tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, by year of issu<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span><table class=\"s w1a0 h13a\" id=\"_c53dd762-a054-4863-8c05-550690a07eff\"><tr><td class=\"c n x1e5 y31ce w1a1 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">T<span class=\"_ _c\"></span>ransition approach<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x424 y31ce w1a2 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls114 wsa1\">Annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x425 y31ce w1a3 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">UK<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x426 y31ce w1a4 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">US<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cf w1a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Full retrospective<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x427 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x428 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x429 y31cf w1a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">2021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31d0 w1a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42a y31d0 w1a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42b y31d0 w1aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>2-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42c y31d0 w1ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _3\"></span>1-2020<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Fair value<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42d y312a w1ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-2016<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42e y312a w1ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _6\"></span>-201<span class=\"_ _3\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42f y312a w1af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr></table>Full retrospective approach<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) fro<span class=\"_ _0\"></span>m the inc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> date o<span class=\"_ _0\"></span>f the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to the d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h has b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re: t<span class=\"_ _0\"></span>he ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed has no<span class=\"_ _0\"></span>t bee<span class=\"_ _0\"></span>n col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted (or not wit<span class=\"_ _0\"></span>h suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gra<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y); appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on wou<span class=\"_ _0\"></span>ld req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re the ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of hind<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t;<span class=\"_ _0\"></span> or info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is unava<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bec<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se of syste<span class=\"_ _0\"></span>m mig<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, data re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts or oth<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>ns. S<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c examp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ca<span class=\"_ _0\"></span>lib<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as the sca<span class=\"_ _0\"></span>le of the ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s abo<span class=\"_ _0\"></span>ut a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>ks of bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g one<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows and di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of cas<span class=\"_ _0\"></span>h flows on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es on a ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve basis;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te fixed and var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds to grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies do no<span class=\"_ _0\"></span>t </span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re su<span class=\"_ _0\"></span>ch info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ey we<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n an o<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h is to <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>eve the clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>st ou<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le us<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d suppor<span class=\"_ _0\"></span>table in<span class=\"_ _3\"></span>formation<span class=\"_ _3\"></span> avai<span class=\"_ _3\"></span>lable without undue<span class=\"_ _3\"></span> cost or effort.<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) exce<span class=\"_ _0\"></span>pt for th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n that<span class=\"_ _0\"></span>, for som<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>fore 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22 for th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of risk be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of ri<span class=\"_ _0\"></span>sk of s<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>is mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>en us<span class=\"_ _0\"></span>ed to avoid the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of hinds<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht to the cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in pri<span class=\"_ _0\"></span>or pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>en ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, the be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e Mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) of the liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge at the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te, as the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span> flows me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at that da<span class=\"_ _0\"></span>te. In de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFRS 13, \u2018Fai<span class=\"_ _0\"></span>r V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e Mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019, excep<span class=\"_ _0\"></span>t for the<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd de<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t floo<span class=\"_ _0\"></span>r requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>els a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te of re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R). Th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for use by a <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>rd par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y mar<span class=\"_ _0\"></span>ket par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ove<span class=\"_ _0\"></span>r the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls38 ws6a\">the require<span class=\"_ _0\"></span>d internal rate of return.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 used ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns at that da<span class=\"_ _0\"></span>te. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for each po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio we<span class=\"_ _0\"></span>re:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R an<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h we<span class=\"_ _0\"></span>re to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t </span>transactions whe<span class=\"_ _0\"></span>re ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fair valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h at tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was \u00a34.<span class=\"_ _c\"></span>1bn, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g \u00a33.9b<span class=\"_ _0\"></span>n for annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies an<span class=\"_ _0\"></span>d \u00a30.2<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n for pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. A reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y poss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fair val<span class=\"_ _0\"></span>ue C<span class=\"_ _0\"></span>SM de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed IR<span class=\"_ _0\"></span>R by 1<span class=\"_ _c\"></span>%<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld red<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n CS<span class=\"_ _0\"></span>M by \u00a30.3<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>han o<span class=\"_ _0\"></span>ne ye<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t in d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up did no<span class=\"_ _0\"></span>t have reaso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to disag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>to tho<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>ne yea<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>For po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss an<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. For thes<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the fair val<span class=\"_ _0\"></span>ue ap<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e at the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date has be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>ze<span class=\"_ _0\"></span>ro in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the transitional provisions of<span class=\"_ _3\"></span> the standa<span class=\"_ _0\"></span>rd.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>nsition assumptio<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s at the date of tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are set ou<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>low.<span class=\"_ _3ad\"> </span>(i) Mortalit<span class=\"_ _0\"></span>y and morbidity<span class=\"_ _3ad\"> </span>Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are s<span class=\"_ _0\"></span>et w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us M<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Bur<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>u (<span class=\"_ _3\"></span>CM<span class=\"_ _0\"></span>I), a sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y of the Inst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ute an<span class=\"_ _0\"></span>d Facu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>y of Act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or U<span class=\"_ _0\"></span>K deat<span class=\"_ _0\"></span>h reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. US assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>ons ar<span class=\"_ _0\"></span>e set wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n Ac<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>my of A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es. T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y-<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><table class=\"s w1b0 h13c\" id=\"_4c871c2e-bdf8-455c-a67b-11195ce94853\"><tr><td class=\"c n x1e5 y31d2 w1b1 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x430 y31d2 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y31d3 ff10c fs6 fc0 sc0 ls2b ws8d\">Non-link<span class=\"_ _3\"></span>ed individual<span class=\"_ _c\"></span> assurance business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31d4 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x432 he y31d5 ff10c fs6 fc0 sc0 lsd ws3\">90<span class=\"_ _0\"></span>% \u2013 92% T<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d6 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 he y31d7 ff10c fs6 fc0 sc0 lsd ws3\">58% \u2013 8<span class=\"_ _0\"></span>6% TM<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d8 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l il<span class=\"_ _0\"></span>ln<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x434 he y31d9 ff10c fs6 fc0 sc0 lsd ws3\">89% \u2013 132% AC<span class=\"_ _0\"></span>L0<span class=\"_ _0\"></span>8 S<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31da ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x435 he y31db ff10c fs6 fc0 sc0 lsd ws3\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>OA 2014 VB<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31dc ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pl<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 he y31dd ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F0<span class=\"_ _0\"></span>8 an<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31de ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life ove<span class=\"_ _0\"></span>r 50<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 he y31df ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n E<span class=\"_ _0\"></span>L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>15 and W<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f Lif<span class=\"_ _0\"></span>e Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n </td></tr><tr><td></td><td class=\"t m1 x438 he y31e0 ff10c fs6 fc0 sc0 ls16 ws25\">assumption<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y31e1 ff110 fs6 fc0 sc0 ls22 ws27\">Annuity business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31e2 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x439 he y31e3 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>NM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31e4 ff10f fs6 fc0 sc0 lsd ws15\">UK Ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x43a y31e5 w1b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Pension risk transfer<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43b y31e5 w1b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>CM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>CFA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x43a y31e6 w1b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Other annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43c y31e6 w1b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">65.9% \u2013 109.3<span class=\"_ _0\"></span>% PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA00<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y31e7 ff10f fs6 fc0 sc0 lsd ws15\">US an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d he y31e8 ff110 fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on RP<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>4 Hea<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>thy A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l tab<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of 1.0% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e at a r<span class=\"_ _0\"></span>ate o<span class=\"_ _0\"></span>f 0.5<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd 0<span class=\"_ _0\"></span>.75% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or fe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r ge<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, s<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy s<span class=\"_ _0\"></span>ize<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d yea<span class=\"_ _0\"></span>r, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. </span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>20 m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l wi<span class=\"_ _0\"></span>th a l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te of 1.5<span class=\"_ _0\"></span>% for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d 1.0% fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. </span>5. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g P<span class=\"_ _0\"></span>CX<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 wi<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>X<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o be u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>lk p<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 up t<span class=\"_ _0\"></span>o an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ge 5<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 f<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>ge 6<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d is a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o fem<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s usi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0. 6. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o an a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>19 with t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of </span>1.5% p.<span class=\"_ _0\"></span>a. u<span class=\"_ _0\"></span>p to ag<span class=\"_ _0\"></span>e 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0% a<span class=\"_ _0\"></span>t 11<span class=\"_ _3\"></span>0.<span class=\"ff10e\"> </span>Fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of 1.0% p<span class=\"_ _0\"></span>.a<span class=\"_ _0\"></span>. up to a<span class=\"_ _0\"></span>ge 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0<span class=\"_ _0\"></span>% at 110.<span class=\"ff10e\"> </span>Sm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a sm<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter (S<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>) val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>f 7<span class=\"_ _3\"></span>.5 ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to L<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al &amp; G<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ke p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a up to 2<span class=\"_ _0\"></span>019. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s.<span class=\"ff10e\"> </span>Fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, a fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s ab<span class=\"_ _0\"></span>ove i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up t<span class=\"_ _0\"></span>o ag<span class=\"_ _0\"></span>e 90<span class=\"_ _0\"></span>. Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ge 9<span class=\"_ _0\"></span>0 th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s is b<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d tow<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ag<span class=\"_ _0\"></span>e 105 o<span class=\"_ _0\"></span>nwa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">I<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e is M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018 for F<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>019 for M<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(ii) Valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rat<span class=\"_ _0\"></span>es of inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d to disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt the ca<span class=\"_ _0\"></span>sh flows for th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of valui<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>uld re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the timi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of thos<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cas<span class=\"_ _0\"></span>h flows and cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved as inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th fu<span class=\"_ _0\"></span>ll te<span class=\"_ _0\"></span>rm s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> In d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an ex<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sk is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld o<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>lowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k. I<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se of<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e no n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e, a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>his<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, ar<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e UK a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k of de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt fo<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> to 4<span class=\"_ _0\"></span>3b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>. For l<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted to \u00a3<span class=\"_ _0\"></span>0.6<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>. For U<span class=\"_ _0\"></span>S and UK pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the yie<span class=\"_ _0\"></span>ld is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on not<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>A<span class=\"_ _6\"></span>A rate<span class=\"_ _0\"></span>d cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d cash<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cash flo<span class=\"_ _0\"></span>ws. An ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce for ris<span class=\"_ _0\"></span>k is ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with th<span class=\"_ _0\"></span>e notional por<span class=\"_ _0\"></span>tfolio assets. Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves use<span class=\"_ _0\"></span>d for the ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>es are sh<span class=\"_ _0\"></span>own be<span class=\"_ _0\"></span>low. The di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d to disco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the cas<span class=\"_ _0\"></span>h flows on the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and the re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e cash flows on th<span class=\"_ _0\"></span>ose co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> 4%<span class=\"_ _3ad\"> </span>3%<span class=\"_ _3ad\"> </span>2%<span class=\"_ _3ad\"> </span>1%<span class=\"_ _3ad\"> </span>0%<span class=\"_ _3ad\"> </span>1 January 2022<span class=\"_ _3\"></span> Discount Ra<span class=\"_ _3\"></span>tes<span class=\"_ _3ad\"> </span>\u25cf<span class=\"_ _3ad\"> </span>GBP Ris<span class=\"_ _3\"></span>k-free<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc12\"> </span>Annuity GBP<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc5\"> </span>Protection<span class=\"_ _3\"></span> GBP<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>USD Risk-free<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>Annuities USD<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>Protection<span class=\"_ _3\"></span> <span class=\"ls4 ws3\">USD<span class=\"_ _3ad\"> </span></span>RateYears ahead<span class=\"_ _3ad\"> </span>0<span class=\"_ _12e\"> </span><span class=\"ls32 ws3d\">10<span class=\"_ _14e\"> </span>20<span class=\"_ _1ca\"> </span>30<span class=\"_ _1ca\"> </span>40<span class=\"_ _1ca\"> </span>50<span class=\"_ _1ca\"> </span>60<span class=\"_ _3ad\"> </span></span>(iii) Persistenc<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span><table class=\"s w1b7 h13e\" id=\"_aa7ab052-455c-443b-9495-3f9bb2a3606e\"><tr><td class=\"c n x1e5 y31e9 w1b8 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls114 wsa1\">Lapse Rates<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43e y31e9 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w1b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">UK Le<span class=\"_ _0\"></span>vel te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43f y31ea w1ba h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.0% \u2013 2<span class=\"_ _0\"></span>8.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w1bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x440 y31eb w1bc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.4% \u2013 15.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x441 y31ec w1be h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.<span class=\"_ _0\"></span>2% \u2013 31.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w1bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life (con<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al no<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x442 y31ed w1c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws126\">0.7<span class=\"_ _0\"></span>% \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _0\"></span>.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w1c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 10 <span class=\"_ _c\"></span>y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x443 y31ee w1c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 wsd7\">7.1%<span class=\"_ _6\"></span> \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w1c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 1<span class=\"_ _c\"></span>5 ye<span class=\"_ _0\"></span>ar gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x444 y31ef w1c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.<span class=\"_ _0\"></span>2% \u2013 5.<span class=\"_ _0\"></span>8%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w1c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 20 year g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x445 y31cb w1c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.0% \u2013 6<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 30 yea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x446 y31cc w1c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.<span class=\"_ _c\"></span>1% \u2013 6.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l Lif<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y312a w1ca h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">2.7<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr></table>(iv) Ris<span class=\"_ _0\"></span>k Adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tes it<span class=\"_ _0\"></span>s risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt usi<span class=\"_ _0\"></span>ng a Provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for Adve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e Devi<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (PAD<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d over and ab<span class=\"_ _0\"></span>ove the bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (whic<span class=\"_ _0\"></span>h var<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> by risk<span class=\"_ _0\"></span>) are cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>ch tha<span class=\"_ _0\"></span>t the total Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d alig<span class=\"_ _0\"></span>ns to the Gro<span class=\"_ _0\"></span>up\u2019s view of com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>ks and th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t level is re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d for tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. Fo<span class=\"_ _0\"></span>r the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of risks<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to an 85th pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Value<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>isk (<span class=\"_ _0\"></span>VaR) me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>his VaR meas<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on how non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s beh<span class=\"_ _0\"></span>ave (<span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k dis<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ris<span class=\"_ _0\"></span>ks acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up (risk co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the cos<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in plac<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on). This is con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th how ris<span class=\"_ _0\"></span>ks are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for and mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up. We have esti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l for the ent<span class=\"_ _0\"></span>ire Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p on a <span class=\"_ _3\"></span>mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r basis<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng a wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the key <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. Ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 is align<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>a c<span class=\"_ _c\"></span>75t<span class=\"_ _0\"></span>h per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nof<span class=\"_ _0\"></span>f of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 can be at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted to the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span><table class=\"s w1cb h13f\" id=\"_b2eb91a3-2740-4cb5-bb50-2387969f7a81\"><tr><td></td><td class=\"t m1 x448 h1b y31f0 ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>et<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x449 h1b y31f1 ff10c fs2 fc0 sc0 ls115 ws8d\">insurance con<span class=\"_ _3\"></span>tract liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x44a h1b y31f2 ff10c fs2 fc0 sc0 ls4 ws3\">on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e3 h1b y31f3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y31f4 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s: th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 cas<span class=\"_ _0\"></span>h flows ar<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e all pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ins in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 4 </td><td></td></tr><tr><td class=\"t m1 x1ec ha y31f5 ff10e fs6 fc0 sc0 lsd ws3\">lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>al of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> </td><td></td></tr><tr><td class=\"c n x1e5 y31f6 w1cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n a low<span class=\"_ _0\"></span>er b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44b y31f6 w1cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls14 ws2d\">7<span class=\"_ _c\"></span>,484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w1ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t: I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44c y31f7 w1cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w1d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M: de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d above an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e une<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44d y31f8 w1d1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44e y312a w1d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly. In lin<span class=\"_ _0\"></span>e with IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd do<span class=\"_ _0\"></span>es not ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d a \u2018class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay<span class=\"_ _0\"></span>\u2019 as all<span class=\"_ _0\"></span>owed by the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 at the sa<span class=\"_ _0\"></span>me tim<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion as if the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>d bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to such as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, irre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date<span class=\"_ _0\"></span>. For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls have bee<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed as at the date of ini<span class=\"_ _0\"></span>tial ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and<span class=\"_ _0\"></span> have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in all per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d. If an asse<span class=\"_ _0\"></span>t was in sco<span class=\"_ _0\"></span>pe of the clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n overl<span class=\"_ _0\"></span>ay desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of eac<span class=\"_ _0\"></span>h fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et in the co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds wi<span class=\"_ _0\"></span>th wha<span class=\"_ _0\"></span>t it exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d it woul<span class=\"_ _0\"></span>d have bee<span class=\"_ _0\"></span>n on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h asses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on date<span class=\"_ _0\"></span>. Any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the I<span class=\"_ _0\"></span>AS 39 car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 or <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over<span class=\"_ _0\"></span>lay was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r as <span class=\"_ _3\"></span>at 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 the<span class=\"_ _0\"></span>re had be<span class=\"_ _0\"></span>en a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k as comp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to the date tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was ini<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed a 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h or lifet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e ECL acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. The Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on its boo<span class=\"_ _0\"></span>ks du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>o the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore an ass<span class=\"_ _0\"></span>et was de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, any exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds wer<span class=\"_ _0\"></span>e rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al. O<span class=\"_ _0\"></span>n tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mad<span class=\"_ _0\"></span>e use of a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y it can be<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed tha<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k on a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has not in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to have l<span class=\"_ _0\"></span>ow c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te (e.g. inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 39 was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in open<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. Ho<span class=\"_ _0\"></span>wever, if this re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t at FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l and opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ite move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t was refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the OCI res<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve.<span class=\"_ _3ad\"> </span>Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. All he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IAS 39 at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 me<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3 and we<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed as co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hed<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> relationships.<span class=\"_ _3ad\"> </span>Classification and <span class=\"_ _3\"></span>measure<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ies un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 and the new me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>for ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span> of the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s as at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g the rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>s for any rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s out of the F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>y. No chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 9.<span class=\"_ _3ad\"> </span><table class=\"s w1d4 h140\" id=\"_c8af44a5-e5fe-4cb4-a282-b884bd3b7133\"><tr><td></td><td></td><td></td><td class=\"t m1 x44f h1b y31f9 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x450 h1b y31fa ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y31fb ff10c fs2 fc0 sc0 ls35 ws42\">(before </td><td></td><td></td><td></td><td class=\"t m1 x451 h1b y31fb ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x452 h1b y31fc ff10c fs2 fc0 sc0 ls132 ws12c\">IAS 39<span class=\"_ _3\"></span> measuremen<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x453 y31fe w1d5 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">remeasurement)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x454 y31fe w1d6 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasureme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x455 h1b y31ff ff10c fs2 fc0 sc0 ls132 ws12c\" colspan=\"2\">IFRS 9 measurement<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x456 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x457 h1b y3200 ff10c fs2 fc0 sc0 ls34 ws41\">ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3200 ff10c fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x452 h1b y3201 ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></td><td class=\"c n x45a y3202 w1d7 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45b y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x2a8 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x45c y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45d y3202 w1d9 h141\"><div class=\"t m1 x1e4 h1b y31fd ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x228 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3203 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3204 w1da h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 ls4 ws3\">Equity securities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45e y3204 w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3205 w1dc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x460 y3205 w1dd h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x224 he y3206 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3207 w1de h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x461 y3207 w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3207 w1df h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x462 y3207 w1e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x463 y3207 w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x464 he y3208 ff10c fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x465 y3209 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x466 y3209 w1e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y320a w1e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 T<span class=\"_ _c\"></span>o de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x467 y320a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320b w1e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x468 y320b w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320b w1e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46a y320b w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x46b he y320c ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y320d w1e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46c y320d w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320e w1e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46d y320e w1ea h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FVT<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x459 he y320f ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3210 w1eb h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x46e y3210 w1ec h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">444,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46f y3210 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x470 y3210 w1ec h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">438,233<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3211 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments \u2013 ava<span class=\"_ _3\"></span>ilable for sale<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3212 w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x471 y3212 w1ee h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">AFS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y3212 w93 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">789<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x473 y3212 w1ef h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y3213 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x474 y3213 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>89)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3214 w1f1 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x475 y3214 w1f2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x476 y3214 w1f3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3215 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FVOCI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3216 w1f4 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">Debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x477 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x478 y3216 w1f6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x479 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y3217 w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47a y3217 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3218 w1f9 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47b y3218 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x47c y3218 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3219 w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x47d y3219 w1fb h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3\"></span>5,44<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47e y3219 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47f y3219 w1fc h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y321a ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at amortised cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y321b w1e6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x480 y321b w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y321c w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x482 y321c w111 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lse2 wsec\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y321c w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x484 y321c w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x485 y321d w106 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x486 y321d w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y321d w200 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x488 y321d w201 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x489 y321d w202 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y321e w203 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48a y321e w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">789<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y321f w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48b y321f w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w206 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x48c y3220 w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48d y3220 we2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,73<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48e y3220 w207 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48f y3220 w208 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>118<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x490 y3220 wb7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3221 ff110 fs6 fc0 sc0 lsd ws15\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3222 w209 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Reinsurance receivabl<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x491 y3222 w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y31ed w20b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">291<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x492 y31ed w20c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3223 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w20d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">Insurance and intermediaries<span class=\"_ _3\"></span> receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x494 y31ee w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y31ee w20e h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x495 y31ee w20f h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3224 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w210 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Other receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x496 y31ef w211 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L<span class=\"_ _0\"></span>&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x497 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x498 y31ef w17a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y31ef w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x499 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w212 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49a y3225 w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y31cb w213 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35,7<span class=\"_ _0\"></span>84<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x49b y31cb w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49c y31cb w18b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,784<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w214 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49d y31cc w215 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls11 ws3a\">45,7<span class=\"_ _3\"></span>83<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x49e y31cc w216 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49f y31cc w217 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">45,4<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w218 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a0 y312a w219 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a1 y312a w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4a2 y312a w21a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a3 y312a w21b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e wer<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in a se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d or d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts n<span class=\"_ _0\"></span>ot q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>se ex<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e for s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e or f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span><span class=\"ff10f\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17 as th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ow i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>n an I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ost<span class=\"_ _3ad\"> </span>As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IFR<span class=\"_ _0\"></span>S 9, the Grou<span class=\"_ _0\"></span>p has reas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d the cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in ord<span class=\"_ _0\"></span>er to bet<span class=\"_ _6\"></span>ter mat<span class=\"_ _0\"></span>ch in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate an<span class=\"_ _0\"></span>d infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prev<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly he<span class=\"_ _0\"></span>ld at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This is be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t unde<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 for ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of long da<span class=\"_ _0\"></span>ted de<span class=\"_ _0\"></span>bt in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a35,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>m (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3) <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s but in sur<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>lus to the IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, and pas<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, was sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ra<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, not<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns in the US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s, we<span class=\"_ _0\"></span>re pre<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>. Foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 th<span class=\"_ _0\"></span>is is no long<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted in OC<span class=\"_ _0\"></span>I. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts pas<span class=\"_ _0\"></span>s the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> of \u00a332<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year. <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the year was \u00a32<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span> as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 was 3.59<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 is \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39, bond<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng US T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y bon<span class=\"_ _0\"></span>ds) back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies we<span class=\"_ _0\"></span>re hel<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L in orde<span class=\"_ _0\"></span>r to elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mis<span class=\"_ _0\"></span>matc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFRS 17 <span class=\"_ _c\"></span>t<span class=\"_ _0\"></span>his is no lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are he<span class=\"_ _0\"></span>ld to back<span class=\"_ _6\"></span>, are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in OCI<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s pass the S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I test and ar<span class=\"_ _0\"></span>e hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t and se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l, an<span class=\"_ _0\"></span>d are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e gain<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in the yea<span class=\"_ _0\"></span>r was \u00a38m<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te as <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span> 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 was 2.7<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a335<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>s the clo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 with the op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g los<span class=\"_ _0\"></span>s allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to the impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span><table class=\"s w21c h142\" id=\"_6ea48048-e8b5-43cd-9929-bbdcb2f850d9\"><tr><td></td><td class=\"t m1 x4a4 h1b y3226 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 </td><td></td><td class=\"t m1 x4a5 h1b y3227 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 </td></tr><tr><td></td><td class=\"t m1 x4a6 h1b y3228 ff10c fs2 fc0 sc0 ls4 ws3\">IA<span class=\"_ _0\"></span>S 39 </td><td class=\"t m1 x4a7 h1b y3228 ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasurement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h1b y3229 ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a8 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y322b ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y322c ff10f fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322d w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ac y322d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ad y322d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y322e ff10e fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322f w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ae y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4af y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31f7 w21f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es A<span class=\"_ _0\"></span>FS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b0 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b1 y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b2 y31f7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w220 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Othe<span class=\"_ _0\"></span>r receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b3 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b5 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b6 y312a w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b7 y312a w221 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b8 y312a w56 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 has resu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x as at <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. A defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m was rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of this<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 of <span class=\"_ _3\"></span>\u00a35<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>m.<span class=\"_ _0\"></span> Of the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>, \u00a31,3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2m rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK and \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rela<span class=\"_ _0\"></span>tes to the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion of this ne<span class=\"_ _0\"></span>w acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e tax the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pays in the UK<span class=\"_ _6\"></span>, as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me is base<span class=\"_ _0\"></span>d on the IF<span class=\"_ _0\"></span>RS res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. HM<span class=\"_ _0\"></span>RC co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted wid<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y on how the intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be treate<span class=\"_ _0\"></span>d for tax pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The UK ta<span class=\"_ _0\"></span>x regi<span class=\"_ _0\"></span>me req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 for U<span class=\"_ _0\"></span>K com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over 1<span class=\"_ _3\"></span>0 years an<span class=\"_ _0\"></span>d will re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce th<span class=\"_ _0\"></span>e cash ta<span class=\"_ _0\"></span>x pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over this per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d. Thi<span class=\"_ _0\"></span>s tax los<span class=\"_ _0\"></span>s has <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax asse<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, value<span class=\"_ _0\"></span>d at \u00a31<span class=\"_ _3\"></span>.2<span class=\"_ _0\"></span>bn at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s US bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es\u2019 ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is base<span class=\"_ _0\"></span>d on the<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y fili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s rath<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than on the IF<span class=\"_ _0\"></span>RS re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 doe<span class=\"_ _0\"></span>s not imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir loc<span class=\"_ _0\"></span>al ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> on whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on, an<span class=\"_ _0\"></span>d the IFR<span class=\"_ _0\"></span>S res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 12 \u2013 Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>xes: \u2018<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x Re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m \u2014 Pi<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>w<span class=\"_ _0\"></span>o Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n May 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, wer<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e to the O<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fo<span class=\"_ _0\"></span>r Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (OEC<span class=\"_ _0\"></span>D) In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ve Fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk on Bas<span class=\"_ _0\"></span>e Eros<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d Pro<span class=\"_ _0\"></span>fit S<span class=\"_ _0\"></span>hif<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g (BE<span class=\"_ _0\"></span>PS) Pil<span class=\"_ _0\"></span>lar T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">A mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Pilla<span class=\"_ _0\"></span>r </span>T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies to hel<span class=\"_ _0\"></span>p user<span class=\"_ _0\"></span>s of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to Pilla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>wo inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </span>ta<span class=\"_ _0\"></span>xes ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y befo<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>(iv) St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to publ<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t yet ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018C<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es as Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t or Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>0, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y the exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 2024<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt Li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h Cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n Oc<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y th<span class=\"_ _0\"></span>at o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h an e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y on o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ate wi<span class=\"_ _0\"></span>ll af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t a liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s class<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6 \u2013 Leas<span class=\"_ _0\"></span>es: \u2018<span class=\"_ _0\"></span>Lea<span class=\"_ _0\"></span>se Lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>Sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d Leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for sel<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>es to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e and leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he ame<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 7 \u2013 S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of C<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h Flo<span class=\"_ _0\"></span>ws an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 7 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: D<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s: \u2018<span class=\"_ _0\"></span>Su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>er F<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, addr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>ir ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on a comp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, cas<span class=\"_ _0\"></span>h flows and ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(v) Crit<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng j<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the use of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and the dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at the date of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ums<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s and fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts and ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be mad<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the nex<span class=\"_ _6\"></span>t finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al year. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Aud<span class=\"_ _0\"></span>it Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tee rev<span class=\"_ _0\"></span>iew<span class=\"_ _0\"></span>s the reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th and th<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Aud<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>tee i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hin t<span class=\"_ _0\"></span>he Au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n pag<span class=\"_ _0\"></span>e 86<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>r area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t on poli<span class=\"_ _0\"></span>cy ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>tes 20 and 21<span class=\"_ _3\"></span>): Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for as an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk to the Grou<span class=\"_ _0\"></span>p are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts that tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> in inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate or sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pri<span class=\"_ _0\"></span>ce) to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p bu<span class=\"_ _0\"></span>t not sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k are cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to asses<span class=\"_ _0\"></span>s the sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce of the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k with<span class=\"_ _0\"></span>in a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>his ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is based on wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ke sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, i.e. if the occ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce of the even<span class=\"_ _0\"></span>t cau<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h out flows for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p tha<span class=\"_ _0\"></span>n its non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts as a supp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of the addi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts is at the disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lly de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nd or sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d poo<span class=\"_ _0\"></span>l of asset<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th suc<span class=\"_ _0\"></span>h disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, whil<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>. Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d in ord<span class=\"_ _0\"></span>er to est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e above<span class=\"_ _0\"></span> require<span class=\"_ _0\"></span>ments for being co<span class=\"_ _0\"></span>nsidere<span class=\"_ _0\"></span>d discretionar<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipation features.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 39 to <span class=\"_ _3\"></span>41<span class=\"_ _c\"></span>): As<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n mak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s to a var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rns f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d has t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 39-<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>): Ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of whet<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ls un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te th<span class=\"_ _0\"></span>em <span class=\"ff10e ls60 wsa8\">con<span class=\"_ _0\"></span>tinue<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>For op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es this ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es a share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of 50% or mor<span class=\"_ _0\"></span>e in the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s that ar<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>re the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p own<span class=\"_ _0\"></span>s less tha<span class=\"_ _0\"></span>n 50<span class=\"_ _0\"></span>% of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ordi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal (str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies), are co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on an asse<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lly ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng to th<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ass o<span class=\"_ _0\"></span>f sha<span class=\"_ _0\"></span>re ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h as th<span class=\"_ _0\"></span>e pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e of the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re of<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>s rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts) and s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s fun<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>it t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it al<span class=\"_ _0\"></span>so ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er to t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on th<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up (dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es) and o<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal o<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>mova<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts of o<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s (the<span class=\"_ _0\"></span>ir pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cal ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to allow the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p not to con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l the fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>). Addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in suc<span class=\"_ _0\"></span>h inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s can flu<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>te on a <span class=\"_ _3\"></span>dai<span class=\"_ _0\"></span>ly bas<span class=\"_ _0\"></span>is acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> to the p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>rs i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. As a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>, we l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k at an a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s over a<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od to miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of daily flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e wide<span class=\"_ _0\"></span>r fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d circ<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es of the Gro<span class=\"_ _0\"></span>up\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. This is<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>formed in line<span class=\"_ _3\"></span> with the f<span class=\"_ _3\"></span>ollowing principles:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ds 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to have </span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol ove<span class=\"_ _0\"></span>r the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 30% an<span class=\"_ _0\"></span>d 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d </span>ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to a<span class=\"_ _0\"></span>ny fee<span class=\"_ _0\"></span>s ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>in for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng a judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as to whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is les<span class=\"_ _0\"></span>s than 30<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to </span>not h<span class=\"_ _0\"></span>ave co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, bu<span class=\"_ _0\"></span>t ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g set<span class=\"_ _0\"></span>s out info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n abou<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons ma<span class=\"_ _0\"></span>de by the Gro<span class=\"_ _0\"></span>up ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, and oth<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>jor so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>at have a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ri<span class=\"_ _0\"></span>sk of resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt to the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in the ne<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial yea<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>8-20)<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e key judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ar<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nd the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ate to the foll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es; th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </span>for the ra<span class=\"_ _0\"></span>te of futu<span class=\"_ _0\"></span>re lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t how exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may<span class=\"_ _0\"></span> var<span class=\"_ _6\"></span>y in th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y da<span class=\"_ _0\"></span>ta. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew on the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Covi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-1<span class=\"_ _c\"></span>9 pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c on clai<span class=\"_ _0\"></span>ms exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in the me<span class=\"_ _0\"></span>diu<span class=\"_ _0\"></span>m to long-<span class=\"_ _0\"></span>term, inf<span class=\"_ _3\"></span>ormed by emerging<span class=\"_ _3\"></span> experience and indu<span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>y studies.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns us<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cos<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at rel<span class=\"_ _0\"></span>ate dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly to the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s best es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te al<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. \u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, for e<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e, o<span class=\"_ _0\"></span>n cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> </span>def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te is al<span class=\"_ _0\"></span>so se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o of ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>en to b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d timin<span class=\"_ _0\"></span>g of the cash flow<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>ing fr<span class=\"_ _0\"></span>om no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </span>ris<span class=\"_ _0\"></span>ks as insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, in the ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>d to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate the C<span class=\"_ _0\"></span>SM am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en the pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t phase an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> </span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phase for defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>.<span class=\"_ gs255\"> </span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s so <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>at they fai<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. In par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n date CS<span class=\"_ _0\"></span>M for<span class=\"_ _0\"></span> </span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y pe<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s into the cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ing val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M un<span class=\"_ _0\"></span>til tho<span class=\"_ _0\"></span>se por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>ed in de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il in the Basi<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>9 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is on pos<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t and Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unq<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (N<span class=\"_ _0\"></span>ote 1<span class=\"_ _c\"></span>1)<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d and ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y involve<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in mod<span class=\"_ _0\"></span>el valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>f bo<span class=\"_ _0\"></span>th ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of a r<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>lau<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and gui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has bo<span class=\"_ _0\"></span>th pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d the sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ear<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>whi<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>rev<span class=\"_ _0\"></span>iew th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r ter<span class=\"_ _0\"></span>m retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t case<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>1 in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>es a s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is on t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d il<span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>(vi) C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ris<span class=\"_ _0\"></span>ks fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>is wi<span class=\"_ _0\"></span>th n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>ur c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d. C<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s mos<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l sus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e, b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op i<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing o<span class=\"_ _0\"></span>f it<span class=\"_ _0\"></span>s im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies o<span class=\"_ _0\"></span>n na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h it<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh t<span class=\"_ _0\"></span>wo b<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s: tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>ks fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ove to a low<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thi<span class=\"_ _0\"></span>s has on ass<span class=\"_ _0\"></span>et valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d the ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy<span class=\"_ _0\"></span>; an<span class=\"_ _0\"></span>d physi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s from the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct on ass<span class=\"_ _0\"></span>et ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs as a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of severe wea<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ts g<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>as ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>ut a d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of how we c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>uld<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ris<span class=\"_ _0\"></span>k to em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h sto<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k excl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d hig<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n esc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>nga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng hig<span class=\"_ _0\"></span>h ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y effi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds in<span class=\"_ _0\"></span>to the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly own<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and ho<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to net zero<span class=\"_ _0\"></span>, tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g a 1<span class=\"_ _c\"></span>.5\u00b0<span class=\"_ _0\"></span>C \u2018Pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>s\u2019 ou<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. In orde<span class=\"_ _0\"></span>r to mee<span class=\"_ _0\"></span>t its env<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al goa<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has se<span class=\"_ _0\"></span>t for itse<span class=\"_ _0\"></span>lf a num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of me<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th i<span class=\"_ _0\"></span>ts b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ris<span class=\"_ _0\"></span>k ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n a th<span class=\"_ _0\"></span>ree<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>ar c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g \u2018I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t, In<span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>\u2019<span class=\"_ _3\"></span>. Met<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d targ<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n footp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, an<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re al<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ng ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>ups<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lop<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate fr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ly i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and fo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>us o<span class=\"_ _0\"></span>n own<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>us<span class=\"_ _0\"></span>e its infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce as a large inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tor to prom<span class=\"_ _0\"></span>ote the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>sis is pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to help un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d the str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>c imp<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of possi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e cli<span class=\"_ _0\"></span>mate pa<span class=\"_ _0\"></span>thways<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>fea<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res of a <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t zero ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>my. <span class=\"_ _3\"></span>Pla<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os have bee<span class=\"_ _0\"></span>n deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of how the ene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m may evolve over the nex<span class=\"_ _6\"></span>t 30 year<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> usi<span class=\"_ _0\"></span>ng the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n bud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts fr<span class=\"_ _0\"></span>om the In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l Pan<span class=\"_ _0\"></span>el on Cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te Chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t (A<span class=\"_ _0\"></span>R6) and inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> late<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t data on tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>wo dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt pat<span class=\"_ _0\"></span>hways to \u2018be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w 2\u00b0C<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g achi<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of net ze<span class=\"_ _0\"></span>ro. Give<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>isk r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, a fou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al fa<span class=\"_ _0\"></span>ilu<span class=\"_ _0\"></span>re to a<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>n cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al ra<span class=\"_ _0\"></span>tes has be<span class=\"_ _0\"></span>en mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to our por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o. Suc<span class=\"_ _0\"></span>h imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e dri<span class=\"_ _0\"></span>ven by physi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tend to be h<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ly l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nife<span class=\"_ _0\"></span>st f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nto t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>In pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>on th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Grou<span class=\"_ _0\"></span>p\u2019s asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. In the S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>c rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t, wi<span class=\"_ _0\"></span>th add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Clim<span class=\"_ _0\"></span>ate and<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, we have s<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t in d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ous r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks an<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>is tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>ey may i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>ns. In li<span class=\"_ _0\"></span>ne wit<span class=\"_ _0\"></span>h the rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of the T<span class=\"_ _c\"></span>ask For<span class=\"_ _0\"></span>ce on Cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, we have fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r des<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy, ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nto c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>s no on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>rio th<span class=\"_ _0\"></span>at und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ins th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os hel<span class=\"_ _0\"></span>p cha<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves on the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s and ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>s a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion to a l<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at ma<span class=\"_ _0\"></span>y be o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>mote<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. A<span class=\"_ _0\"></span>s a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the s<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s of like<span class=\"_ _0\"></span>ly f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s or o<span class=\"_ _0\"></span>utc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mes a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot th<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is o<span class=\"_ _0\"></span>n whi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>At the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p does no<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate ris<span class=\"_ _0\"></span>k to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ar<span class=\"_ _0\"></span>ea of judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt or of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>As at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, no mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l posi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, nor on th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of asset<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et as a resul<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. In arr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at this dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has in par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r take<span class=\"_ _0\"></span>n into acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>ing ar<span class=\"_ _0\"></span>eas of jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h we <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er to be thos<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>Go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n and via<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>In pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s abi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>e as a <span class=\"_ _3\"></span>go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n, by tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t all av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>st 12 mon<span class=\"_ _0\"></span>ths f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roval<span class=\"_ _0\"></span>. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t takes into c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s overa<span class=\"_ _0\"></span>ll bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y, forec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th an<span class=\"_ _0\"></span>d resi<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and the liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e over the pla<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hor<span class=\"_ _0\"></span>izon<span class=\"_ _0\"></span>. Clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs have be<span class=\"_ _0\"></span>en co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and have not be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>es as to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of Level 3 fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y has bee<span class=\"_ _0\"></span>n sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as an area of sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _6\"></span>y. Th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as cash flows for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d mul<span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e ofte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Due to the nee<span class=\"_ _0\"></span>d to appl<span class=\"_ _0\"></span>y sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, thes<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ca<span class=\"_ _0\"></span>n be impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted by tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> gai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng mor<span class=\"_ _0\"></span>e trac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion (e.g. con<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, EPC ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs<span class=\"_ _0\"></span>, ES<span class=\"_ _0\"></span>G cre<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s and cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te resi<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e). This is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y rel<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t for<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d mar<span class=\"_ _0\"></span>ket pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es or ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket sen<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d clim<span class=\"_ _0\"></span>ate ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. In this res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have also be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n evolv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, wi<span class=\"_ _0\"></span>th gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>d toward<span class=\"_ _0\"></span>s net zer<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d away from tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>ods<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes a<span class=\"_ _0\"></span>nd mu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>sks of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s are bei<span class=\"_ _0\"></span>ng rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, with re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rds to pote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, to help re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d make them mo<span class=\"_ _0\"></span>re effi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and sus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re.<span class=\"_ _0\"></span> Asset imp<span class=\"_ _3\"></span>airment and<span class=\"_ _3\"></span> residual<span class=\"_ _3\"></span> economic lif<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h are su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to impai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tes<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted b<span class=\"_ _0\"></span>y cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span>or exa<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y may be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ob<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te or re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to de<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e or th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> of co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se. I<span class=\"_ _0\"></span>f, as a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>nven<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s is n<span class=\"_ _0\"></span>ot re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>ey wo<span class=\"_ _0\"></span>uld n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e wr<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ten d<span class=\"_ _0\"></span>own to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir n<span class=\"_ _0\"></span>et r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ue.<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ll an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts may s<span class=\"_ _0\"></span>ee t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in l<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, and sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the en<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng for exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s can re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt an in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. The es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t as \u2018val<span class=\"_ _0\"></span>ue in use<span class=\"_ _0\"></span>\u2019 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows base<span class=\"_ _0\"></span>d on ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d mat<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>s, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y for goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll and in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> to a <span class=\"_ _3\"></span>hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee of judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on or de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cli<span class=\"_ _0\"></span>mate ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic l<span class=\"_ _0\"></span>ife is s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an a<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h wou<span class=\"_ _0\"></span>ld g<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>ise to i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. D<span class=\"_ _0\"></span>ue to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, we do n<span class=\"_ _0\"></span>ot a<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>te any m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ges to a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m cli<span class=\"_ _0\"></span>mate c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. Ris<span class=\"_ _0\"></span>ks will co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e to be moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed aga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>st ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d in the ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Insurance<span class=\"_ _3\"></span> contract <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os wi<span class=\"_ _0\"></span>th d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de to re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ove ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s bu<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Clima<span class=\"_ _0\"></span>te<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch w<span class=\"_ _0\"></span>oul<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s arou<span class=\"_ _0\"></span>nd fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re even<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>uld a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>r exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e by re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of a le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (e.g. l<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r fai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts) or of a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive o<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (e.g. re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> dam<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios). Def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t will be avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h tho<span class=\"_ _0\"></span>se amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ca<span class=\"_ _0\"></span>n be util<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s esti<span class=\"_ _0\"></span>mate of fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e it may be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Share<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>based pa<span class=\"_ _3\"></span>ymen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de a d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ive pay a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al awar<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>a per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>at le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t thre<span class=\"_ _0\"></span>e year<span class=\"_ _0\"></span>s. Per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e met<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>s for the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s sha<span class=\"_ _0\"></span>re pla<span class=\"_ _0\"></span>ns are now cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y linke<span class=\"_ _0\"></span>d to ESG me<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>cs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ld have an impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and timi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me.<span class=\"_ _0\"></span> Financial in<span class=\"_ _3\"></span>struments<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>les an<span class=\"_ _0\"></span>d cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s proba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t over a cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>. Clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>s may affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, for examp<span class=\"_ _0\"></span>le by neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019s abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to me<span class=\"_ _0\"></span>et t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r by af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>(vii)<span class=\"_ _3\"></span> Material accounting policies Consolidation principles<span class=\"_ _3ad\"> </span>Subsidiar<span class=\"_ _0\"></span>y undertak<span class=\"_ _0\"></span>ings Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, inco<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h flows of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny and of its<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs dr<span class=\"_ _0\"></span>awn up to 31<span class=\"_ gs255\"> </span>Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r eac<span class=\"_ _0\"></span>h year. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ll int<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in full.<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e those e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial pu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>s and uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>over wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly or ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span> (i.e. w<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ha<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e) (Note 4<span class=\"_ _0\"></span>0). Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for by app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd th<span class=\"_ _0\"></span>e iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e exce<span class=\"_ _0\"></span>ss of t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d value of the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of the acq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t as goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>. Profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or losse<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s sol<span class=\"_ _0\"></span>d or a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s up to th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of<span class=\"_ _0\"></span> gaining control. Pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies in co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, su<span class=\"_ _0\"></span>ch as uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and app<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r as \u2018<span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to uni<span class=\"_ _0\"></span>t hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s over whi<span class=\"_ _0\"></span>ch the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>. It is pres<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it has bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 20% and 5<span class=\"_ _0\"></span>0% of the votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s in the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e unle<span class=\"_ _0\"></span>ss ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e. Joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and oth<span class=\"_ _0\"></span>er par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have join<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the<span class=\"_ _0\"></span>ir ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res (N<span class=\"_ _0\"></span>ote 4<span class=\"_ _0\"></span>0) <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h form pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of an invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio he<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pri<span class=\"_ _0\"></span>vate eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. In acco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the ch<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted by IA<span class=\"_ _0\"></span>S 28<span class=\"_ _0\"></span>, \u2018Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or los<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fair val<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not for<span class=\"_ _0\"></span>m par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio are in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t at cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the<span class=\"_ _0\"></span>se asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s is incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e of those inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt is inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are of total co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the date of the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of an assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is greate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n its es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ble am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er of the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair valu<span class=\"_ _0\"></span>e les<span class=\"_ _0\"></span>s cos<span class=\"_ _0\"></span>ts of dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal a<span class=\"_ _0\"></span>nd va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it is w<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n do<span class=\"_ _0\"></span>wn im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>ly to i<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Income <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>tatement.<span class=\"_ _3ad\"> </span>Insurance contracts Long t<span class=\"_ _3\"></span>erm insurance<span class=\"_ _3\"></span> contracts \u2013 init<span class=\"_ _3\"></span>ial me<span class=\"_ _3\"></span>asurement<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>ch tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e risk to the insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is the case if, and onl<span class=\"_ _0\"></span>y if, an insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se an insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r to make sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in any sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o, oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n a scen<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io whi<span class=\"_ _0\"></span>ch lac<span class=\"_ _0\"></span>ks co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. Su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>til all ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are ex<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ed or exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. At in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m an i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m as if t<span class=\"_ _0\"></span>hey w<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: \u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives e<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ose e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>ose of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, a<span class=\"_ _0\"></span>nd w<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span>ter<span class=\"_ _0\"></span>ms wou<span class=\"_ _0\"></span>ld not me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of an insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ne ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>.e. inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t are n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd fo<span class=\"_ _0\"></span>r wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h </span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h equi<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ter<span class=\"_ _0\"></span>ms are so<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, or cou<span class=\"_ _0\"></span>ld be sol<span class=\"_ _0\"></span>d, se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the sam<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t or the sam<span class=\"_ _0\"></span>e jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r sep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng any fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes any pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ses to tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t goo<span class=\"_ _0\"></span>ds or ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> oth<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m as se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs (i<span class=\"_ _0\"></span>.e. n<span class=\"_ _0\"></span>ot as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s). <span class=\"_ _3\"></span>A goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is disti<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t if the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r can be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m it eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r on its own or wi<span class=\"_ _0\"></span>th oth<span class=\"_ _0\"></span>er res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are read<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>A goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is not dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t and is acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r with th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t if the cash flow<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th the go<span class=\"_ _0\"></span>od or ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce are hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ly in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th the ca<span class=\"_ _0\"></span>sh flows an<span class=\"_ _0\"></span>d risk<span class=\"_ _0\"></span>s assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>des a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce of inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l of ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gati<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>An i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span>(<span class=\"_ _3\"></span>a) <span class=\"_ _4\"> </span>th<span class=\"_ _0\"></span>e beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od;<span class=\"_ _3ad\"> </span>(b) <span class=\"_ _5\"> </span>th<span class=\"_ _0\"></span>e date whe<span class=\"_ _0\"></span>n the fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t from a pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es du<span class=\"_ _0\"></span>e; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>(<span class=\"_ _3\"></span>c<span class=\"_ _3\"></span>)  for onerous contracts, when<span class=\"_ _3\"></span> the contract becomes onerous<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e level of agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at whi<span class=\"_ _0\"></span>ch IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tly by div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en i<span class=\"_ _0\"></span>nto p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os. P<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>ith s<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sks w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r. Por<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios a<span class=\"_ _0\"></span>re f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y at ince<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n into thr<span class=\"_ _0\"></span>ee ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s: one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t risk of sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d the rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 also re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s that no gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for level of agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses may co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>e than one<span class=\"_ _3\"></span> year ap<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s in sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted fo<span class=\"_ _0\"></span>r un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al of<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e unea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d profi<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise as it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span>Ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se un<span class=\"_ _0\"></span>bias<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cash flow<span class=\"_ _0\"></span>s, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows is to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e the e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, or t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ean<span class=\"_ _0\"></span>, of t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge of p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ble o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng da<span class=\"_ _0\"></span>te with<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t und<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t or effo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a ran<span class=\"_ _0\"></span>ge of sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h have co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al sub<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d give a goo<span class=\"_ _0\"></span>d repr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ou<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e cas<span class=\"_ _0\"></span>h flows from ea<span class=\"_ _0\"></span>ch sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io are pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d discounted using <span class=\"_ _3\"></span>curre<span class=\"_ _0\"></span>nt assumptions.<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>en es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des al<span class=\"_ _0\"></span>l cash flows th<span class=\"_ _0\"></span>at are wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t bo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s not yet pai<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms not ye<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of an inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e or to <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of an insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er val<span class=\"_ _0\"></span>ue op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">an allo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cash flow<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e to the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio to whi<span class=\"_ _0\"></span>ch the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>gs;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s hand<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and mai<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s that are exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be paid to inte<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s for fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">an allo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of fixed an<span class=\"_ _0\"></span>d varia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls5f ws44\">transaction<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>d taxes.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, in a<span class=\"_ _0\"></span>n un<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d way, all re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ut t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t,<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of those fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>es the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts of fut<span class=\"_ _0\"></span>ure pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> based<span class=\"_ _3\"></span> on informat<span class=\"_ _3\"></span>ion obtained, includ<span class=\"_ _3\"></span>ing:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ims al<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>dy re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n abo<span class=\"_ _0\"></span>ut th<span class=\"_ _0\"></span>e know<span class=\"_ _0\"></span>n or est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta abo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up\u2019s own exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, sup<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sar<span class=\"_ _6\"></span>y, with dat<span class=\"_ _0\"></span>a from ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r sour<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es (hi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l data is adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to </span>refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns); and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls5d ws68\">current pricing in<span class=\"_ _3\"></span>formation, when<span class=\"_ _3\"></span> ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cash flo<span class=\"_ _0\"></span>ws whic<span class=\"_ _0\"></span>h are all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s (thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue) over t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cash flow as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>or to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Risk adjustme<span class=\"_ _0\"></span>nt Th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ris<span class=\"_ _0\"></span>k for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt and tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the cash flows th<span class=\"_ _0\"></span>at ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is cal<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>Value at Ri<span class=\"_ _0\"></span>sk (<span class=\"_ _0\"></span>VAR) met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy. In some cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for risk on rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is linke<span class=\"_ _0\"></span>d dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly to the pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e paid<span class=\"_ _3\"></span> for r<span class=\"_ _3\"></span>einsurance. Discounting<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted at ra<span class=\"_ _0\"></span>tes tha<span class=\"_ _0\"></span>t refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se are<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m an a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o wi<span class=\"_ _0\"></span>th de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ove r<span class=\"_ _0\"></span>isks i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> liabilities.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in (C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s CS<span class=\"_ _0\"></span>M is a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of the asse<span class=\"_ _0\"></span>t or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>p of insu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nts th<span class=\"_ _0\"></span>e unea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>fit th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p will<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise as it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in the fut<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M on init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s the gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> is on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n no in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">any cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the Gro<span class=\"_ _0\"></span>up at that da<span class=\"_ _0\"></span>te;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e date o<span class=\"_ _0\"></span>f ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">any asse<span class=\"_ _0\"></span>t for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows; an<span class=\"_ _0\"></span>d</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">any ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Onerous contracts<span class=\"_ _3ad\"> </span>For gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed as on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ous<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss for th<span class=\"_ _0\"></span>e net ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>w, <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>ing e<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d the CS<span class=\"_ _0\"></span>M of the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g zero. A loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up for<span class=\"_ _0\"></span> the l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r an on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>he lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Reinsurance<span class=\"_ _3\"></span> contracts \u2013<span class=\"_ _3\"></span> initial<span class=\"_ _c\"></span> measurement<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es as t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span> the fol<span class=\"_ _3\"></span>lowing:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>er of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">the d<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </span>he<span class=\"_ _0\"></span>ld i<span class=\"_ _0\"></span>n the g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d at o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s an allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e by the rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s from dis<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nes th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k so that it rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of risk be<span class=\"_ _0\"></span>ing tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">bo<span class=\"_ _0\"></span>th day one gai<span class=\"_ _0\"></span>ns and day on<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed at ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t are defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M </span>an<span class=\"_ _0\"></span>d rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r ren<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, excep<span class=\"_ _0\"></span>t for any por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>day one lo<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>tes to event<span class=\"_ _0\"></span>s befo<span class=\"_ _0\"></span>re ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l recognition;<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">if the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>or to a <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M can be adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted to offs<span class=\"_ _0\"></span>et a por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of </span>the i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on l<span class=\"_ _0\"></span>oss (t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t). This of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of the l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Lo<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f a gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nd of ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>m of:<span class=\"_ _0\"></span> (i) <span class=\"_ _e\"> </span><span class=\"ff10f\">th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ful<span class=\"_ _0\"></span>film<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date and the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M of </span>the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p at that da<span class=\"_ _0\"></span>te; and<span class=\"_ _0\"></span> (ii) <span class=\"_ _19\"> </span><span class=\"ff10f\">the liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s for the Gro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ted to past se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Contractual ser<span class=\"_ _0\"></span>vice margin \u2013 measurement<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t in the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t has not yet be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use i<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tes to f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce to b<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>For a gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M of that gro<span class=\"_ _0\"></span>up at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>als the ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at the<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing of the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any ne<span class=\"_ _0\"></span>w con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ad<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt rat<span class=\"_ _0\"></span>es at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt to the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows exc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>, giv<span class=\"_ _0\"></span>ing ri<span class=\"_ _0\"></span>se to a <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s; or</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s are allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e </span>mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n at the end of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od over the cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on the CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the CS<span class=\"_ _0\"></span>M co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se of:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ts (net of refun<span class=\"_ _0\"></span>ds) and any rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as </span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cas<span class=\"_ _0\"></span>h flows and in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m taxe<span class=\"_ _0\"></span>s and the es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>, at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) in <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss wh<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) for <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>s are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the CS<span class=\"_ _0\"></span>M;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows in the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt th<span class=\"_ _0\"></span>ose re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of </span>mo<span class=\"_ _0\"></span>ney an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk (whic<span class=\"_ _0\"></span>h are ins<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s or in othe<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e);<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>y inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>hat b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s </span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in the per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k that rel<span class=\"_ _0\"></span>ate to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to the CS<span class=\"_ _0\"></span>M note<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s that re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of the cash flo<span class=\"_ _0\"></span>ws of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion (i<span class=\"_ _0\"></span>.e. the weig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the rates ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t join<span class=\"_ _0\"></span>ed a gro<span class=\"_ _0\"></span>up over<span class=\"_ _0\"></span> a 1<span class=\"_ _c\"></span>2-month period).<span class=\"_ _3ad\"> </span>Onerous contracts<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>hat we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s if as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>. In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>es a loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. The los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span> all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows to: <span class=\"_ _3\"></span>(i) th<span class=\"_ _0\"></span>e loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and (ii) th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt is als<span class=\"_ _0\"></span>o upda<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l to zero by the end of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of a grou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t will have mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e form of inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms). Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in \u2013 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d is calc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d as the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sum of all t<span class=\"_ _0\"></span>he fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p has e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>(s<span class=\"_ _c\"></span>) u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> those ser<span class=\"_ _0\"></span>vices.<span class=\"_ _3ad\"> </span><table class=\"s w222 h143\" id=\"_a6011417-a831-4243-b641-2bcce60b8f59\"><tr><td class=\"c n x1e5 y3231 w223 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls114 wsa1\">Insurance contract<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ba y3231 w224 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bb y3231 w225 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls3a ws46\">Coverage unit(<span class=\"_ _3\"></span>s)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3232 w226 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Immediate annuity<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bc y3232 w227 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bd y3232 w228 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Exp<span class=\"_ _0\"></span>ected annu<span class=\"_ _0\"></span>al claims payments<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x4be ha y3233 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ims (<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3234 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"lse wsc\">E<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cted annual claims paymen<span class=\"_ _0\"></span>ts</span><span class=\"lse wsc\"> </span></td></tr><tr><td></td><td class=\"t m1 x4be ha y3235 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ls16 ws16\">Investme<span class=\"_ _0\"></span>nt return ser<span class=\"_ _0\"></span>vice (<span class=\"_ _3\"></span>deferral phase)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3236 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">E<span class=\"_ _6\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn o<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></span></td></tr><tr><td class=\"t m1 x4c0 ha y3237 ff10e fs6 fc0 sc0 ls4 wsd\">Deferred annuity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4be ha y3238 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">L<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp su<span class=\"_ _0\"></span>m dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3239 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed</span><span class=\"ff10f\"><span class=\"_ _0\"></span> </span></td></tr><tr><td class=\"c n x1e5 y323a w229 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swa<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c1 y323a w22a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g le<span class=\"_ _0\"></span>g of swap<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c2 y323a w22b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al flo<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g leg pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y323b w22c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Retail Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c3 y323b w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c4 y323b w22e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w22f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Group Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c5 y312a w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c6 y312a w230 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr></table>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic un<span class=\"_ _0\"></span>it of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns a mix<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to weigh<span class=\"_ _0\"></span>t the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s so that<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e of CS<span class=\"_ _0\"></span>M rele<span class=\"_ _0\"></span>ase re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l pack<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>is is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y per<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt to uni<span class=\"_ _0\"></span>ts of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing a co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of imme<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iate an<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _1\"></span>, de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s usu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the two ph<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s of ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>ase and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e). <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts so that<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>y fair<span class=\"_ _0\"></span>ly refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e weig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>ing be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d so that th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phas<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of any lum<span class=\"_ _0\"></span>p sum dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted so tha<span class=\"_ _0\"></span>t all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se for all co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r thro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>gh tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> out, withdrawa<span class=\"_ _3\"></span>l of<span class=\"_ _3\"></span> funds or<span class=\"_ _3\"></span> death.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estmen<span class=\"_ _3\"></span>t componen<span class=\"_ _3\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s the inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t by de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t it woul<span class=\"_ _0\"></span>d be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to repay to the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r in all sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ios w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>cy de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n as to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e all finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, or whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er to disa<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e that re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons in<span class=\"_ _0\"></span>to oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse has be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s for all insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts exce<span class=\"_ _0\"></span>pt for the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re it has be<span class=\"_ _0\"></span>en dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fit an<span class=\"_ _0\"></span>d loss an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e has be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>c allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d total ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ates d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk have be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> and expenses.<span class=\"_ _3ad\"> </span>Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>The subsequent<span class=\"_ _3\"></span> measurement o<span class=\"_ _3\"></span>f rein<span class=\"_ _3\"></span>surance contracts held<span class=\"_ _c\"></span> follows<span class=\"_ _3\"></span> the s<span class=\"_ _3\"></span>ame principles<span class=\"_ _3\"></span> as t<span class=\"_ _3\"></span>hose f<span class=\"_ _3\"></span>or insurance<span class=\"_ _3\"></span> contracts issued<span class=\"_ _3\"></span> ex<span class=\"_ _3\"></span>cept that ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss if the rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n it is ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, i.e. wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>ire or are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or can<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ell<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if its ter<span class=\"_ _0\"></span>ms are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d in a way <span class=\"_ _3\"></span>tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d have chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g for the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly had<span class=\"_ _0\"></span> the ne<span class=\"_ _0\"></span>w term<span class=\"_ _0\"></span>s always exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t bas<span class=\"_ _0\"></span>ed on the mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. If a cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n doe<span class=\"_ _0\"></span>s not res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>en the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p trea<span class=\"_ _0\"></span>ts the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in cash flows ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows.<span class=\"_ _3ad\"> </span>Financial in<span class=\"_ _3\"></span>struments Recognition<span class=\"_ _c\"></span> and derecognition<span class=\"_ _3ad\"> </span>Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is on the trad<span class=\"_ _0\"></span>e date<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h is the date on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of the inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. A fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is init<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus<span class=\"_ _0\"></span>, for a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t or fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y not mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to its acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>en the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e is evide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>quo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pric<span class=\"_ _0\"></span>e in an act<span class=\"_ _0\"></span>ive mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t for an iden<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (i.e. a Level 1 inpu<span class=\"_ _0\"></span>t) or base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> </span>tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue tha<span class=\"_ _0\"></span>t uses on<span class=\"_ _0\"></span>ly dat<span class=\"_ _0\"></span>a from ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gain or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in all oth<span class=\"_ _0\"></span>er ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d the timi<span class=\"_ _0\"></span>ng of rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d day one pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t is eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </span>am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>r the l<span class=\"_ _0\"></span>ife of t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>til t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>n be d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s or re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d through set<span class=\"_ _0\"></span>tlem<span class=\"_ _0\"></span>ent.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d only wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts to the cash flow<span class=\"_ _0\"></span>s from the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t expir<span class=\"_ _0\"></span>e, or wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isks a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds of o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip to a<span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thi<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se for c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral p<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y h<span class=\"_ _0\"></span>as co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive the ca<span class=\"_ _0\"></span>sh flows ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and whic<span class=\"_ _0\"></span>h is der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t and a corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its<span class=\"_ _0\"></span> return<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs into tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in its Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r all or subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> all of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are n<span class=\"_ _0\"></span>ot d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. E<span class=\"_ _6\"></span>xamp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ash c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nle<span class=\"_ _0\"></span>ss t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p d<span class=\"_ _0\"></span>efau<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ts on i<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> In tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r reta<span class=\"_ _0\"></span>ins no<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly all of the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rds of owne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and it<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ues to r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of i<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ing i<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt to<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons ex<span class=\"_ _0\"></span>pir<span class=\"_ _0\"></span>e or are disc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or ca<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up al<span class=\"_ _0\"></span>so der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s term<span class=\"_ _0\"></span>s are mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the ca<span class=\"_ _0\"></span>sh flows of the mod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> On de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at th<span class=\"_ _0\"></span>e date of dere<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng any new ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed le<span class=\"_ _0\"></span>ss any new lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d) is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Modification<span class=\"_ _3ad\"> </span>If the ter<span class=\"_ _0\"></span>ms of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tes wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the cas<span class=\"_ _0\"></span>h flows of the modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ass<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> If the cas<span class=\"_ _0\"></span>h flows are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to cash flows fr<span class=\"_ _0\"></span>om the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et are de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>have exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t is dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus any el<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es it<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts on in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on as meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ue thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e (F<span class=\"_ _6\"></span>VOC<span class=\"_ _0\"></span>I) and fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL).<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds on the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flow ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs an<span class=\"_ _0\"></span>d how they ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flow cha<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s test ai<span class=\"_ _0\"></span>ms to iden<span class=\"_ _0\"></span>tif<span class=\"_ _6\"></span>y those ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cash flow<span class=\"_ _0\"></span>s cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>sic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, i.e. whi<span class=\"_ _0\"></span>ch are \u2018so<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ly pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l and inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I). The bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el tes<span class=\"_ _0\"></span>t refe<span class=\"_ _0\"></span>rs to how an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with th<span class=\"_ _0\"></span>e obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves of gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t, F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s that gi<span class=\"_ _0\"></span>ve rise sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span>mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l whos<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve is to <span class=\"_ _3\"></span>hol<span class=\"_ _0\"></span>d the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t usi<span class=\"_ _0\"></span>ng the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Any gai<span class=\"_ _0\"></span>n or loss on de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion is als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI: fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ual te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s that give ri<span class=\"_ _0\"></span>se sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> </span>wh<span class=\"_ _0\"></span>ose ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>d by hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the asse<span class=\"_ _0\"></span>ts to col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r cash flo<span class=\"_ _0\"></span>ws and sel<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the<span class=\"_ _0\"></span>m. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d, for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ne<span class=\"_ _0\"></span>t gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. On der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, gai<span class=\"_ _0\"></span>ns and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in OCI are re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>: all oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Net gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st or di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me and for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, unle<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>ey ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts in ca<span class=\"_ _0\"></span>sh flow or ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the above<span class=\"_ _0\"></span>, on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up may ir<span class=\"_ _0\"></span>revo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate to F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise be me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI if doi<span class=\"_ _0\"></span>ng so eli<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or grea<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mism<span class=\"_ _0\"></span>atc<span class=\"_ _0\"></span>h.<span class=\"_ _3ad\"> </span>In mak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l cash flo<span class=\"_ _0\"></span>ws are con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th a basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (tha<span class=\"_ _0\"></span>t is,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s only co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risk<span class=\"_ _0\"></span>s and a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n that is co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with a basi<span class=\"_ _0\"></span>c len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt). This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term tha<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge the ti<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows suc<span class=\"_ _0\"></span>h tha<span class=\"_ _0\"></span>t it would no<span class=\"_ _0\"></span>t mee<span class=\"_ _0\"></span>t this co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. E<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of suc<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms to be cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt or tim<span class=\"_ _0\"></span>ing of cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, lever<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d exte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>t arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e ti<span class=\"_ _0\"></span>me va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of mo<span class=\"_ _0\"></span>ney (e.g. p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>c re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes). Th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s how the Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in orde<span class=\"_ _0\"></span>r to gene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, i.e. it refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flows fr<span class=\"_ _0\"></span>om ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bot<span class=\"_ _0\"></span>h the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d cash flows ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om the sal<span class=\"_ _0\"></span>e of asset<span class=\"_ _0\"></span>s. If nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of thes<span class=\"_ _0\"></span>e is appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e (for exampl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d for trad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses), the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mode<span class=\"_ _0\"></span>l is \u2018othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019 an<span class=\"_ _0\"></span>d the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Facto<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Gro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pas<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on how the cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span> for th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, how t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to key ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l, h<span class=\"_ _0\"></span>ow ri<span class=\"_ _0\"></span>sks a<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> managed<span class=\"_ _0\"></span>, and how managers are compensated.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l for cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar tho<span class=\"_ _0\"></span>se ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>s to fu<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ts li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e is eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n basi<span class=\"_ _0\"></span>s, as sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t bu<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng and se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is unde<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>take<span class=\"_ _0\"></span>n on a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r basis to reba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e its por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o and to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> flows fr<span class=\"_ _0\"></span>om tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts do not fol<span class=\"_ _0\"></span>low a \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _6\"></span>\u2019 or \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sell<span class=\"_ _0\"></span>\u2019<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el is also ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to rever<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and to de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives<span class=\"_ _0\"></span>. Equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>os fo<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>ong d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t in sur<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us to the IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ra<span class=\"_ _0\"></span>te expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, as well as asset<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with th<span class=\"_ _0\"></span>e SPP<span class=\"_ _0\"></span>I pri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Receivables are<span class=\"_ _3\"></span> accounted for<span class=\"_ _3\"></span> at amortised cost.<span class=\"_ _3ad\"> </span>Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3\"></span> contract<span class=\"_ _3\"></span> liabilities<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is bec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, as well as the re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. F<span class=\"_ _0\"></span>or u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e to the v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nds a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span>Bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ngs are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d init<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y at fair value<span class=\"_ _0\"></span>, net of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Bor<span class=\"_ _0\"></span>rowi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e diffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other <span class=\"_ _3\"></span>financial <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d trail c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _6\"></span>, whil<span class=\"_ _0\"></span>e othe<span class=\"_ _0\"></span>r payable<span class=\"_ _3\"></span> balances ar<span class=\"_ _3\"></span>e measured at<span class=\"_ _3\"></span> amor<span class=\"_ _0\"></span>tised cost.<span class=\"_ _3ad\"> </span>Derivativ<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te on w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n tho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh flow or net inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng and<span class=\"_ _0\"></span>, are the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. If such a hyb<span class=\"_ _0\"></span>rid co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins a hos<span class=\"_ _0\"></span>t that is a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts for an em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ho<span class=\"_ _0\"></span>st c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">it<span class=\"_ _0\"></span>s eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks are not cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y rela<span class=\"_ _0\"></span>ted to thos<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the te<span class=\"_ _0\"></span>rms of the em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve would have me<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive if the<span class=\"_ _0\"></span>y were co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the hy<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t is not me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ves are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, unl<span class=\"_ _0\"></span>ess th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ses to desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re hyb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>A de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in a h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is n<span class=\"_ _0\"></span>ot ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve it<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>f mee<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Coll<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is not le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>lly se<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the Gro<span class=\"_ _0\"></span>up, is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the rep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Howeve<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up has a cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly en<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le leg<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to ne<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>how<span class=\"_ _0\"></span>n ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved is not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of the co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia from th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ch c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is typ<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: (a<span class=\"_ _3\"></span>) sells or re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts in the<span class=\"_ _0\"></span> abs<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to retu<span class=\"_ _0\"></span>rn thi<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a liabil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; or (<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is seize<span class=\"_ _0\"></span>d and re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>ly se<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p, is de<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n with a co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n. No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al ple<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d is not der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts on its ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e rele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t within Financial<span class=\"_ _3\"></span> investments.<span class=\"_ _3ad\"> </span>Im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es on a for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng bas<span class=\"_ _0\"></span>is the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s (ECL) ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for suc<span class=\"_ _0\"></span>h loss<span class=\"_ _0\"></span>es at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date. E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value of the<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n all co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ca<span class=\"_ _0\"></span>sh flows tha<span class=\"_ _0\"></span>t are due an<span class=\"_ _0\"></span>d all cas<span class=\"_ _0\"></span>h flows that th<span class=\"_ _0\"></span>e enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive (i.e<span class=\"_ _0\"></span>. the cas<span class=\"_ _0\"></span>h sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>l)<span class=\"_ _0\"></span>, weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e new s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>n be e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al to an a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g to a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL or a life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>feti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L is the ECL resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from all po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts over the exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted life of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t; a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL is the por<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>on of lifeti<span class=\"_ _0\"></span>me ECL res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m defau<span class=\"_ _0\"></span>lt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _c\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t are pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs af<span class=\"_ _0\"></span>ter the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> date<span class=\"_ _0\"></span>. For a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t that is cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t that is not a pur<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>ed fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s gr<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue of e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flows<span class=\"_ _0\"></span>, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate. A<span class=\"_ _0\"></span>ny adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is reco<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss as an impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ga<span class=\"_ _0\"></span>in or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt on a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t as the ina<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to mee<span class=\"_ _0\"></span>t in full an<span class=\"_ _0\"></span>d on time an or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l prom<span class=\"_ _0\"></span>ise of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows, th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ny bre<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e, by any amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t or time (i<span class=\"_ _0\"></span>n exces<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>any po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l plan<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d gr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d)<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tes a defau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t use<span class=\"_ _0\"></span>d for inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ECL mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l is <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>un fro<span class=\"_ _0\"></span>m the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d its ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted at ever<span class=\"_ _6\"></span>y rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, even if no act<span class=\"_ _0\"></span>ual los<span class=\"_ _0\"></span>s even<span class=\"_ _0\"></span>ts have take<span class=\"_ _0\"></span>n plac<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of upda<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts of the ECL mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whil<span class=\"_ _0\"></span>e for asse<span class=\"_ _0\"></span>ts at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI an equ<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d opp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed in oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> comprehensive<span class=\"_ _3\"></span> income. In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ECL<span class=\"_ _0\"></span>s at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>al to 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mon<span class=\"_ _0\"></span>th EC<span class=\"_ _0\"></span>L or lifeti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, at each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up is re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to asses<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h \u2018sta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019 a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t fall<span class=\"_ _0\"></span>s into. S<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn of det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk of a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t ul<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y heal<span class=\"_ _0\"></span>thy fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h thei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>s of </span>in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 2 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cred<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, bu<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are not cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _3ad\"> </span></span>impaired; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 3 app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></span>Wh<span class=\"_ _0\"></span>en fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e unde<span class=\"_ _0\"></span>r S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1, <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are und<span class=\"_ _0\"></span>er S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e 2 <span class=\"_ _3\"></span>or 3, life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> An in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t moves down (or up) <span class=\"_ _3\"></span>the st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>IC<span class=\"_ _0\"></span>R) has hap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d (or <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>s rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d).<span class=\"_ _0\"></span> Wh<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve, t<span class=\"_ _0\"></span>hat i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and i<span class=\"_ _0\"></span>s avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>for<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ard<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on at its dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l. Key indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er a SIC<span class=\"_ _0\"></span>R has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed (eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or in combination)<span class=\"_ _3\"></span> are:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ade b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on d<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dat<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he le<span class=\"_ _0\"></span>vel of d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </span>usi<span class=\"_ _0\"></span>ng a rela<span class=\"_ _0\"></span>tive ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>rix<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on the inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 \u2018wa<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>hli<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u2019;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal \u2018cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it watc<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts\u2019; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a manu<span class=\"_ _0\"></span>al shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>t of an <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to Sta<span class=\"_ _0\"></span>ge 2 on an excep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l basis (whe<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ons of IF<span class=\"_ _0\"></span>RS 9 incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a rebu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le pre<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et has in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> wh<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ore t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n 30 d<span class=\"_ _0\"></span>ays pas<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is ta<span class=\"_ _0\"></span>ken i<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>is as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of a <span class=\"_ _c\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>ble in IF<span class=\"_ _0\"></span>RS 9 whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it ca<span class=\"_ _0\"></span>n be assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt has no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to have low cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rs). This all<span class=\"_ _0\"></span>ows rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECLs as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to, poten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>lif<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>Ls<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to be th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n of go<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>i.e. i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s) as at the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th a globa<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>too<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of \u2018low cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s ECL<span class=\"_ _0\"></span>s on its fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t and de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t impa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by usin<span class=\"_ _0\"></span>g the pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of defau<span class=\"_ _0\"></span>lt ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h. Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on this met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the ECL<span class=\"_ _0\"></span>s are a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>alls<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>.e. th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s of a def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r thi<span class=\"_ _0\"></span>s pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he key<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to be cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d are the Pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Defau<span class=\"_ _0\"></span>lt (P<span class=\"_ _0\"></span>D), <span class=\"_ _3\"></span>i.e<span class=\"_ _0\"></span>. the esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the likeli<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>od of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t over a <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span> or life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e); the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive Los<span class=\"_ _0\"></span>s Give<span class=\"_ _0\"></span>n Defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t (LGD); and the E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e at Defau<span class=\"_ _0\"></span>lt (E<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>D). In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nth or life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me PD<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s util<span class=\"_ _0\"></span>ise his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta ob<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m S&amp;<span class=\"_ _0\"></span>P and Mo<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s in orde<span class=\"_ _0\"></span>r to evalua<span class=\"_ _0\"></span>te tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s (i.e. the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that a sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s rati<span class=\"_ _0\"></span>ng in a given yea<span class=\"_ _0\"></span>r) and defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s sce<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al sca<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the PD<span class=\"_ _0\"></span>s for for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e final PD<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by the mod<span class=\"_ _0\"></span>el are un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, i.e. the<span class=\"_ _0\"></span>y inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te both th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of not def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il th<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t of th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>at p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d to<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>em to b<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d over 12 mon<span class=\"_ _0\"></span>ths to p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>D es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>r ove<span class=\"_ _0\"></span>r all r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs to pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> PD estimates.<span class=\"_ _3ad\"> </span>LGD is the mag<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>de of the likel<span class=\"_ _0\"></span>y los<span class=\"_ _0\"></span>s if ther<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, base<span class=\"_ _0\"></span>d on the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes of clai<span class=\"_ _0\"></span>ms agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>D rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re in the even<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes LGD bas<span class=\"_ _0\"></span>ed on the his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>over<span class=\"_ _6\"></span>y rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. A<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate hai<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>ne un<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d LGDs and us<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>es to es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate LGD for ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed a simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h for trad<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is allo<span class=\"_ _0\"></span>ws mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y remov<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ne<span class=\"_ _0\"></span>ed to ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y SI<span class=\"_ _0\"></span>CR<span class=\"_ _0\"></span>s. For th<span class=\"_ _0\"></span>ese bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n matr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate suc<span class=\"_ _0\"></span>h life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is is a prac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l expe<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>ed by IFR<span class=\"_ _0\"></span>S 9 wher<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y histo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loss ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d fixed lo<span class=\"_ _0\"></span>ss rate<span class=\"_ _0\"></span>s are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. His<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s rate<span class=\"_ _0\"></span>s are adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d to allow for for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g info<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Hedge accounting<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia ar<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flow of the de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g can be app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fair valu<span class=\"_ _0\"></span>e move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>a rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or an unre<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, or a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of any suc<span class=\"_ _0\"></span>h </span>ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, that is at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to a <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r risk an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0 ls78 ws7f\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in cash flo<span class=\"_ _0\"></span>ws at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> to <span class=\"_ _3\"></span>a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h all<span class=\"_ _0\"></span>, or a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of, a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, </span>or a high<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, that co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to the c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy r<span class=\"_ _0\"></span>isk a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th a n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n a fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d the hed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th the ri<span class=\"_ _0\"></span>sk man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, are doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d form<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d how t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up w<span class=\"_ _0\"></span>ill as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>). A he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng if it mee<span class=\"_ _0\"></span>ts all of the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is an ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk do<span class=\"_ _0\"></span>es not do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate th<span class=\"_ _0\"></span>e value ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m that ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tio of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p is th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e as th<span class=\"_ _0\"></span>at r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y of the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> </span>the q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>es to h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t qua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te risks on it<span class=\"_ _0\"></span>s fixed ra<span class=\"_ _0\"></span>te US<span class=\"_ _0\"></span>D den<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs (the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>ms),<span class=\"_ _0\"></span> usi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate swa<span class=\"_ _0\"></span>ps (th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s). It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ain o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ite<span class=\"_ _0\"></span>ms i<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and in a sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. The gai<span class=\"_ _0\"></span>n or loss re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d imm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>m affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at wo<span class=\"_ _0\"></span>uld b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved to s<span class=\"_ _0\"></span>ell a<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or pa<span class=\"_ _0\"></span>id to tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> measuremen<span class=\"_ _0\"></span>t date.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le and un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>a obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew of marke<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the ab<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ilis<span class=\"_ _0\"></span>es te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat m<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se of ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e use of u<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce. In ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n circ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. If t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is ev<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>on to a q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket fo<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span> ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, or i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at u<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y da<span class=\"_ _0\"></span>ta fr<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gai<span class=\"_ _0\"></span>n or loss in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. In all oth<span class=\"_ _0\"></span>er cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at init<span class=\"_ _0\"></span>ial rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pric<span class=\"_ _0\"></span>e is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t over the life<span class=\"_ _0\"></span> of the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m a ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge i<span class=\"_ _0\"></span>n a fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tim<span class=\"_ _0\"></span>e) that m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the instru<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Insurance <span class=\"_ _3\"></span>revenue<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to be e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e for t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of the tota<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts (i.e<span class=\"_ _0\"></span>. the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of prem<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms pai<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t (the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of money<span class=\"_ _3\"></span>) and e<span class=\"_ _3\"></span>xcluding<span class=\"_ _3\"></span> any in<span class=\"_ _3\"></span>vestment components<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of:<span class=\"_ _0\"></span> \u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of the CS<span class=\"_ _0\"></span>M;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k rela<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>; </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than tho<span class=\"_ _0\"></span>se tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>st r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to the r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s on t<span class=\"_ _0\"></span>he ba<span class=\"_ _0\"></span>sis of<span class=\"_ _0\"></span> </span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d; an<span class=\"_ _0\"></span>d \u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">oth<span class=\"_ _0\"></span>er am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any othe<span class=\"_ _0\"></span>r pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flow asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at the date of ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span>Fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fo<span class=\"_ _0\"></span>r cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Fe<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual fe<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as reve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ue as t<span class=\"_ _0\"></span>he se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om fe<span class=\"_ _0\"></span>es fo<span class=\"_ _0\"></span>r ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng of f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds in p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d on the timi<span class=\"_ _0\"></span>ng or tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. In the ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fee<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e is subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to mee<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e thre<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e is not rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d unti<span class=\"_ _0\"></span>l the co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>, and it is hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t no sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t rever<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d occ<span class=\"_ _0\"></span>ur. V<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d over w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>s ear<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fee<span class=\"_ _0\"></span>s are cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>es for cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>ch fee<span class=\"_ _0\"></span>s are cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed at the tim<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n takes pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e and are bas<span class=\"_ _0\"></span>ed on the<span class=\"_ _0\"></span> size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Other operational<span class=\"_ _c\"></span> income from contracts<span class=\"_ _3\"></span> with customers<span class=\"_ _3ad\"> </span>House building<span class=\"_ _3ad\"> </span>Ho<span class=\"_ _0\"></span>use b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ing r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e sal<span class=\"_ _0\"></span>e of re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd la<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d ne<span class=\"_ _0\"></span>t of di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d sal<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. I<span class=\"_ _0\"></span>t al<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es sale pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. Sal<span class=\"_ _0\"></span>es of pri<span class=\"_ _0\"></span>vate ho<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on leg<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l hou<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d so<span class=\"_ _0\"></span>ld u<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h a sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er, t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y a ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>e in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e with co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss. S<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>s of land and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on unc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, nam<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y whe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or m<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve rese<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d regi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al var<span class=\"_ _0\"></span>iati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Warr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on all prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m 2-<span class=\"_ _3\"></span>10 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Due to thei<span class=\"_ _0\"></span>r featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>ese do no<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. Profe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s fe<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s profe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es fe<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m pr<span class=\"_ _0\"></span>ofes<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>yor<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d thi<span class=\"_ _0\"></span>rd<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fee<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se fe<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n fee s<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Reve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ue is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wh<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>he se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e has b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> render<span class=\"_ _3\"></span>ed.<span class=\"_ _3ad\"> </span>In ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ves p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nveya<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se ar<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on an agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>uld be tie<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on volu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. The ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in su<span class=\"_ _0\"></span>ch ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed on co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the reven<span class=\"_ _0\"></span>ue is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re is no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e timi<span class=\"_ _0\"></span>ng or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of fee reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ker fe<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Fee<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d on e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to the c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r as p<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>he ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. R<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e for p<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at the poi<span class=\"_ _0\"></span>nt in tim<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>n the int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y has satis<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed it<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>at is whe<span class=\"_ _0\"></span>n the ter<span class=\"_ _0\"></span>ms of the insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y have be<span class=\"_ _0\"></span>en ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r and po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>er has a pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rig<span class=\"_ _0\"></span>ht to paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m the pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d on the timi<span class=\"_ _0\"></span>ng or tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>return<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed fai<span class=\"_ _0\"></span>r value ga<span class=\"_ _0\"></span>ins an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fair valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s are a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n an ex-<span class=\"_ _6\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s it a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d on t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. R<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>als b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd is g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ne ba<span class=\"_ _0\"></span>sis u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>re is co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e that be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts do not ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e evenl<span class=\"_ _0\"></span>y over the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of the lea<span class=\"_ _0\"></span>se. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L) is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>A gain or los<span class=\"_ _0\"></span>s on a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is onl<span class=\"_ _0\"></span>y reali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on disp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d is the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>, ne<span class=\"_ _0\"></span>t of tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>ts or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t or a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, as a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te. Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d gai<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s on i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d gai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r and t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>t the p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us ye<span class=\"_ _0\"></span>ar e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, less t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>ever<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s in re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>f dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>s mad<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ey are in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y exclu<span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed by los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls3 ws6c\">insurance acquisition cost a<span class=\"_ _3\"></span>sset impairment.<span class=\"_ _3ad\"> </span></span>Dividends<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>im d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds o<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d in w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re pa<span class=\"_ _0\"></span>id. F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s on o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in th<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey have b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span>Earnings per share<span class=\"_ _3ad\"> </span>Ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>e is a <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of the por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pro<span class=\"_ _0\"></span>fit all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to each ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g shar<span class=\"_ _0\"></span>e. It is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d by divi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ne<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s by th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>f ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>res i<span class=\"_ _0\"></span>n is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s. For thi<span class=\"_ _0\"></span>s pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, net in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me is de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t af<span class=\"_ _0\"></span>ter ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>, at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d from<span class=\"_ _0\"></span> continuing operations. For di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ted ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>e, the we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s in issu<span class=\"_ _0\"></span>e, excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s, is adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>on of a<span class=\"_ _0\"></span>ll di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sh<span class=\"_ _0\"></span>are i<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> are t<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tive w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>et e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Intangible <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t of ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s par<span class=\"_ _6\"></span>t of a bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> relationsh<span class=\"_ _3\"></span>ips and<span class=\"_ _3\"></span> brand). Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, they are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed at cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usefu<span class=\"_ _0\"></span>l life on a st<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. C<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nall<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>an b<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y, the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ly an<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly feas<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ds to and has suffi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te suc<span class=\"_ _0\"></span>h deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and to use or sell th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e, su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as incu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed v<span class=\"_ _0\"></span>ia bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>lin<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> estimated useful life. Th<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s for inta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">IT d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>: 3 \u2013 1<span class=\"_ _3\"></span>0 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls7a ws80\">Customer relationship: 3 y<span class=\"_ _3\"></span>ears<span class=\"_ _3ad\"> </span></span>Am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s, use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives an<span class=\"_ _0\"></span>d any expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s are rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bra<span class=\"_ _0\"></span>nd bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up is dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to have an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul life and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e not amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d and b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h, a<span class=\"_ _0\"></span>s wel<span class=\"_ _0\"></span>l as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s of th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y is c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges i<span class=\"_ _0\"></span>n fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n. Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>ny im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d or fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>Cas<span class=\"_ _0\"></span>h and c<span class=\"_ _0\"></span>ash e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h in ha<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>ll wi<span class=\"_ _0\"></span>th ba<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y bi<span class=\"_ _0\"></span>lls a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ee m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s or le<span class=\"_ _0\"></span>ss f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the d<span class=\"_ _0\"></span>ate of a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by the Grou<span class=\"_ _0\"></span>p (<span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>ch as lan<span class=\"_ _0\"></span>d and offic<span class=\"_ _0\"></span>e and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r buil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>or he<span class=\"_ _0\"></span>ld und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lease<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (suc<span class=\"_ _0\"></span>h as office bu<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, IT equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es). Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>r occ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y held by a fund<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> the un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts for its inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s. In acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h IAS 16, \u2018Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, Plan<span class=\"_ _0\"></span>t and Equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019 th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> thi<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>t at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in fair valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cal c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted u<span class=\"_ _0\"></span>sef<span class=\"_ _0\"></span>ul l<span class=\"_ _0\"></span>ife. A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>ful l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d any ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>wed a<span class=\"_ _0\"></span>t ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te an<span class=\"_ _0\"></span>d adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> An i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w of Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>neve<span class=\"_ _0\"></span>r eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts or c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t may not be rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et is gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r than it<span class=\"_ _0\"></span>s est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is<span class=\"_ _0\"></span> the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>\u2019s fair val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of dis<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l and v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it i<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n d<span class=\"_ _0\"></span>own i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y to it<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Leases<span class=\"_ _3ad\"> </span>Lessee<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, it rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et as \u2018ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se\u2019 ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and leas<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s\u2019 va<span class=\"_ _0\"></span>lue i<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f the l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the co<span class=\"_ _0\"></span>st mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>, \u2018P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Pla<span class=\"_ _0\"></span>nt and Eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 or as invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>AS 4<span class=\"_ _0\"></span>0, \u2018<span class=\"_ _0\"></span>Inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>rs ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tial me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e leas<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is made up of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ase pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to be made over the lea<span class=\"_ _0\"></span>se ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fixed<span class=\"_ _0\"></span> lea<span class=\"_ _0\"></span>se pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng le<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ve re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rat<span class=\"_ _0\"></span>e as a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate fo<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>nwou<span class=\"_ _0\"></span>nd ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rm of t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e giv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ri<span class=\"_ _0\"></span>se to an i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>. Add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, the l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> wh<span class=\"_ _0\"></span>en l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mad<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f lea<span class=\"_ _0\"></span>se li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s if c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>he o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te th<span class=\"_ _0\"></span>e le<span class=\"_ _0\"></span>ase b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up lea<span class=\"_ _0\"></span>ses offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, I<span class=\"_ _0\"></span>T equi<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g leas<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ma<span class=\"_ _0\"></span>ke use of t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n exe<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns as p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>ith a te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m of 1<span class=\"_ _3\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs o<span class=\"_ _0\"></span>r les<span class=\"_ _0\"></span>s), an<span class=\"_ _0\"></span>d lease co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts for whi<span class=\"_ _0\"></span>ch the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t is of <span class=\"_ _3\"></span>low valu<span class=\"_ _0\"></span>e. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h leas<span class=\"_ _0\"></span>es are not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d le<span class=\"_ _0\"></span>ase p<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts a<span class=\"_ _0\"></span>s an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e over t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e ter<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Lessor<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is the le<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leas<span class=\"_ _0\"></span>es if the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to the less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es if t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>y are n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>lly t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies to t<span class=\"_ _0\"></span>hir<span class=\"_ _0\"></span>d pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y al<span class=\"_ _0\"></span>l the r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks an<span class=\"_ _0\"></span>d rew<span class=\"_ _0\"></span>ard i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l to own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip are tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the les<span class=\"_ _0\"></span>see<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s. At the leas<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t on its ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the leas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ual to the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue of the leas<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me over th<span class=\"_ _0\"></span>e lease ter<span class=\"_ _0\"></span>m to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ra<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn on the ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se.<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed to s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>n all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d rewa<span class=\"_ _0\"></span>rd of ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed as op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s. Leas<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g leas<span class=\"_ _0\"></span>es is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asis ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e le<span class=\"_ _0\"></span>ase te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Provisions<span class=\"_ _3ad\"> </span>Prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has a pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>gal or co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as a resul<span class=\"_ _0\"></span>t of past even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t an out<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span> of reso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s emb<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll be req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, and a relia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n can be<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>be re<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, for exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e reim<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as a se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t b<span class=\"_ _0\"></span>ut o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is vi<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to be der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d from a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t are le<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>n the unavoi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts of mee<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s is the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of the defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on at the ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date le<span class=\"_ _0\"></span>ss the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d any sur<span class=\"_ _0\"></span>plu<span class=\"_ _0\"></span>s in the Fund an<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me is not res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Pla<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. The de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n is <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y each yea<span class=\"_ _0\"></span>r usin<span class=\"_ _0\"></span>g the pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted un<span class=\"_ _0\"></span>it me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt valu<span class=\"_ _0\"></span>e of the defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cash ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ows. Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rate is base<span class=\"_ _0\"></span>d on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>ds of high qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d in the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s will be pai<span class=\"_ _0\"></span>d, an<span class=\"_ _0\"></span>d that have ter<span class=\"_ _0\"></span>ms to mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te to th<span class=\"_ _0\"></span>ose o<span class=\"_ _0\"></span>f the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pays co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>. The G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p has no fur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s onc<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have be<span class=\"_ _0\"></span>en pai<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>y are due<span class=\"_ _0\"></span>. Pre<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s are<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t a ca<span class=\"_ _0\"></span>sh r<span class=\"_ _0\"></span>efu<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>r a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s is avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span>Current tax<span class=\"_ _3ad\"> </span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t tax co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s tax paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt yea<span class=\"_ _0\"></span>r profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and any ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts to tax paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. Cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ta<span class=\"_ _0\"></span>x is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Def<span class=\"_ _3\"></span>erred t<span class=\"_ _3\"></span>ax<span class=\"_ _3ad\"> </span>Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x is c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ta<span class=\"_ _0\"></span>x val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s. D<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax i<span class=\"_ _0\"></span>s als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of unu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d tax lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t it is prob<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll ari<span class=\"_ _0\"></span>se agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>ch the lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s can be ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax is cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed to the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s char<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ble to pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e total ta<span class=\"_ _0\"></span>x exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se show<span class=\"_ _0\"></span>n in the Gro<span class=\"_ _0\"></span>up\u2019s Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e tax bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne by both po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hold<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is has be<span class=\"_ _0\"></span>en sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s and equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Polic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r ta<span class=\"_ _0\"></span>x com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the ta<span class=\"_ _0\"></span>x suf<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r tax is cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ta<span class=\"_ _0\"></span>x cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed on eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is inte<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to provi<span class=\"_ _0\"></span>de mo<span class=\"_ _0\"></span>re rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the ta<span class=\"_ _0\"></span>x that th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pays on the pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t it makes<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e use of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e. Al<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts m<span class=\"_ _0\"></span>ay dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For t<span class=\"_ _0\"></span>ax t<span class=\"_ _0\"></span>his i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n ta<span class=\"_ _0\"></span>x po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span> income supporting deferred<span class=\"_ _3\"></span> tax asset r<span class=\"_ _3\"></span>ecognition.<span class=\"_ _3ad\"> </span>As the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>it is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the jur<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in whic<span class=\"_ _0\"></span>h it ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive and si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is bas<span class=\"_ _0\"></span>ed on int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s have as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mfo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t the prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in plac<span class=\"_ _0\"></span>e are not mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lly or in agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, and that a reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve outc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e in the nex<span class=\"_ _0\"></span>t fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l year<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld n<span class=\"_ _0\"></span>ot have a m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct to t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p.<span class=\"_ _3ad\"> </span>Foreign e<span class=\"_ _3\"></span>xchange and<span class=\"_ _c\"></span> exchange rates<span class=\"_ _3ad\"> </span>For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te pr<span class=\"_ _0\"></span>evai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he da<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy o<span class=\"_ _0\"></span>f the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s forei<span class=\"_ _0\"></span>gn o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of a<span class=\"_ _0\"></span>ll of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nto s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy, at t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ra<span class=\"_ _0\"></span>te at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of<span class=\"_ _0\"></span> the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es are tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d at aver<span class=\"_ _0\"></span>age exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. On con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, exch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d of b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es of s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>aken to a s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y as qua<span class=\"_ _0\"></span>lif<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g cas<span class=\"_ _0\"></span>h flow or n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Share<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>based pa<span class=\"_ _3\"></span>ymen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>nd aw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, un<span class=\"_ _0\"></span>til s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h ti<span class=\"_ _0\"></span>me as t<span class=\"_ _0\"></span>hey a<span class=\"_ _0\"></span>re f<span class=\"_ _0\"></span>ull<span class=\"_ _0\"></span>y ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od of a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e, s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over t<span class=\"_ _0\"></span>he ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he to<span class=\"_ _0\"></span>tal a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to be e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue of t<span class=\"_ _0\"></span>he awa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>xclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of any n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t ves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. At e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>ts es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct of the rev<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, if any, in the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and a cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is made to eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. On ves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g or e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, the d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t to th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re new sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved ar<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ted to shar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al and sh<span class=\"_ _0\"></span>are pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, sha<span class=\"_ _0\"></span>re pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m and em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e trea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>An e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is any co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h evid<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t in the ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts of an ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. It follows tha<span class=\"_ _0\"></span>t a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is trea<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> as eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y if<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is no co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on unf<span class=\"_ _0\"></span>avou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e term<span class=\"_ _0\"></span>s; and<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is e<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns n<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r a var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of o<span class=\"_ _0\"></span>wn e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r is a </span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive whi<span class=\"_ _0\"></span>ch wil<span class=\"_ _0\"></span>l be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d onl<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g a fixed amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cash<span class=\"_ _0\"></span>, or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, for a <span class=\"_ _3\"></span>fixe<span class=\"_ _0\"></span>d num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of its own eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y instruments.<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e any Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion pa<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g any dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> (net of inco<span class=\"_ _0\"></span>me ta<span class=\"_ _0\"></span>xes), is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re suc<span class=\"_ _0\"></span>h sha<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, reiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d or othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> of, any c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d is in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t of any d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>res he<span class=\"_ _0\"></span>ld on be<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>f of empl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e shar<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es are di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed as suc<span class=\"_ _0\"></span>h on the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fiduciar<span class=\"_ _0\"></span>y activities<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h fidu<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r with as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to retu<span class=\"_ _0\"></span>rn su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s to cus<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, are not in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed in the<span class=\"_ _0\"></span>se fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts in a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>for in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce as a trus<span class=\"_ _0\"></span>tee or ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, it has no c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> (viii<span class=\"_ _0\"></span>) Fo<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w231 h144\" id=\"_12540d2a-6db7-41ec-84ad-e61e598f525c\"><tr><td></td><td class=\"c n x1e5 y323d w232 h13d\"><div class=\"t m1 x1e4 h11 y323c ff10c fs2 fc0 sc0 ls4 ws3\">Year e<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s<span class=\"_ _1f6\"> </span><span class=\"ls3a ws46\">2023<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n x4c7 y323f w233 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w234 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c8 y31cc w235 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c9 y31cc w207 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w236 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">Euro<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ca y312a w10c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 ws19c\">1<span class=\"_ _0\"></span>.15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cb y312a w237 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w238 h144\" id=\"_6859b1fc-156e-4684-85dc-79cbe3b4a210\"><tr><td></td><td class=\"c n x1e5 y323d w239 h141\"><div class=\"t m1 x1e4 h11 y323c ff10c fs2 fc0 sc0 ls35 ws42\">Av<span class=\"_ _3\"></span>erage exchange<span class=\"_ _3\"></span> rates<span class=\"_ _1f9\"> </span><span class=\"ls3a ws46\">2023<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n x4cc y323f w233 h146\"><div class=\"t m1 x1e4 h11 y3240 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w234 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c8 y31cc w235 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cd y31cc w23a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w236 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">Euro<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ca y312a w10c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 ws19c\">1<span class=\"_ _0\"></span>.15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cb y312a w237 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-627": {
   "value": "Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-22": {
   "value": "publ<span class=\"_ _0\"></span>ic lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-23": {
   "value": " En<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d Wales",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-628": {
   "value": "En<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d Wales",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-629": {
   "value": "Un<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om (<span class=\"_ _0\"></span>U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>), t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Un<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes (U<span class=\"_ _0\"></span>S) and oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the worl<span class=\"_ _0\"></span>d",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-666": {
   "value": "Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d in acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h UK-<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g S<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds (IF<span class=\"_ _0\"></span>RS) as issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al Acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g S<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s Boar<span class=\"_ _0\"></span>d (IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B), an<span class=\"_ _0\"></span>d rela<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e. End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK End<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Boar<span class=\"_ _0\"></span>d (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>EB). The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cos<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, as modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed by the reva<span class=\"_ _0\"></span>lua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts) at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-667": {
   "value": "(ii) Going<span class=\"_ _3\"></span> concern<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ties<span class=\"_ _0\"></span>, to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs l<span class=\"_ _0\"></span>ikel<span class=\"_ _0\"></span>y to af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct i<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t in this An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t &amp; <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, its ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> are de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d in thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ris<span class=\"_ _0\"></span>ks and un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed on pag<span class=\"_ _0\"></span>es 56 to 59.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s have ma<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s goin<span class=\"_ _0\"></span>g c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>oth t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ou<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k for a p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of at<span class=\"_ _0\"></span> lea<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t not lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d to, 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs fro<span class=\"_ _0\"></span>m the date of app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up to <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span> date of iss<span class=\"_ _0\"></span>ue of this An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t &amp; acco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es and mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s its ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>es var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us str<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>se infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, to tho<span class=\"_ _0\"></span>se p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>rom m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket d<span class=\"_ _0\"></span>own<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns. O<span class=\"_ _0\"></span>ur ke<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d the i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>n ou<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fro<span class=\"_ _0\"></span>m a ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.01 of th<span class=\"_ _0\"></span>e Ful<span class=\"_ _0\"></span>l year r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in t<span class=\"_ _0\"></span>he 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 Pr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t1<span class=\"_ _3ad\"> </span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ses d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t gi<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>se to any<span class=\"_ _0\"></span> mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>es over the ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the Gro<span class=\"_ _0\"></span>up to con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ue as a goin<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n. Bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on the avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r that<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has the pla<span class=\"_ _0\"></span>ns and re<span class=\"_ _0\"></span>sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to mana<span class=\"_ _0\"></span>ge it<span class=\"_ _0\"></span>s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ris<span class=\"_ _0\"></span>ks suc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and that it re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ins fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y stro<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d well dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>Havi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e prin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l risks an<span class=\"_ _0\"></span>d unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (bo<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) in ligh<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, as de<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d on pag<span class=\"_ _0\"></span>es 56 to 59, the dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s are co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any wil<span class=\"_ _0\"></span>l have suffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ue to mee<span class=\"_ _0\"></span>t its lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies as they fal<span class=\"_ _0\"></span>l due for<span class=\"_ _0\"></span> a per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of, <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>t not lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d to, 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs fro<span class=\"_ _0\"></span>m the date of app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e have cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d it ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>t the go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n basis of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-711": {
   "value": "(ii<span class=\"_ _0\"></span>i) New s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to pub<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t time in it<span class=\"_ _0\"></span>s ann<span class=\"_ _0\"></span>ual re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>IF<span class=\"_ _0\"></span>RS 17 \u2013 Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 and IFR<span class=\"_ _0\"></span>S 9, \u2018Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 for the fir<span class=\"_ _0\"></span>st ti<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span> have bro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ht si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly, and have had<span class=\"_ _0\"></span> a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of init<span class=\"_ _0\"></span>ial ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019 was ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in May 201<span class=\"_ _3\"></span>7 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, and su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts we<span class=\"_ _0\"></span>re issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in Jun<span class=\"_ _0\"></span>e 2020<span class=\"_ _0\"></span>. Endo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> for use in the U<span class=\"_ _0\"></span>K was gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>2. Th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 4, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019, and has bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly, in line wit<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed for in the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>es a com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch for ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> measurement, income stat<span class=\"_ _3\"></span>ement presentation<span class=\"_ _3\"></span> and disclosur<span class=\"_ _3\"></span>e. IF<span class=\"_ _0\"></span>RS 9, \u2018F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts\u2019 was iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in Jul<span class=\"_ _0\"></span>y 201<span class=\"_ _3\"></span>4 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve for ann<span class=\"_ _0\"></span>ual pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng on or af<span class=\"_ _0\"></span>ter 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 201<span class=\"_ _3\"></span>8. Th<span class=\"_ _0\"></span>e IA<span class=\"_ _0\"></span>SB<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d \u2018<span class=\"_ _c\"></span>A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IFR<span class=\"_ _0\"></span>S 4: App<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h IFR<span class=\"_ _0\"></span>S 4 <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s\u2019 whic<span class=\"_ _0\"></span>h allo<span class=\"_ _0\"></span>wed en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>t cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to defer the<span class=\"_ _0\"></span>ir im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l adop<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts\u2019 or 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, whic<span class=\"_ _0\"></span>heve<span class=\"_ _0\"></span>r is the<span class=\"_ _0\"></span> ear<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er. <span class=\"_ _3\"></span>In Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>, the IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y exemp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in IF<span class=\"_ _0\"></span>RS 4 from ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng IF<span class=\"_ _0\"></span>RS 9 to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ods be<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>inn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d made use of this def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, and has th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9 for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IA<span class=\"_ _0\"></span>S 39, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d Meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s new pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>es an im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d new req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g. IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y. Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the new ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>1 of th<span class=\"_ _0\"></span>e Fu<span class=\"_ _0\"></span>ll ye<span class=\"_ _0\"></span>ar r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 P<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt R<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t is u<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y and pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h all res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ear<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y lab<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d as s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>his r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t.<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ior pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>was ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng 30 Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>23. Th<span class=\"_ _0\"></span>is info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on was una<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Sin<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt of the det<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d work an<span class=\"_ _0\"></span>d rev<span class=\"_ _0\"></span>iew un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se the nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in this re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch has now be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n audi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have now be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the prio<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. Th<span class=\"_ _0\"></span>is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Chan<span class=\"_ _0\"></span>ge in inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with no im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t on pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t. In tota<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the pare<span class=\"_ _0\"></span>nt was an inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase of \u00a31<span class=\"_ _3\"></span>9m as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, and a decr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a34<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>m as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>ne ite<span class=\"_ _0\"></span>ms in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Cons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow. <table class=\"s w18c h139\" id=\"_3e67ff51-8103-48f2-ade9-886d78975dd1\"><tr><td></td><td class=\"t m1 x3fb h1b y31b5 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fc h1b y31b6 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td class=\"t m1 x3fd h1b y31b7 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x3fe h1b y31b8 ff10c fs2 fc0 sc0 ls91 wsda\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3ff h1b y31b9 ff10c fs2 fc0 sc0 ls4 ws3\">du<span class=\"_ _0\"></span>e to a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>f </td><td class=\"t m1 x400 h1b y31ba ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x401 h1b y31bb ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x226 h1b y31bc ff10c fs2 fc0 sc0 ls3a ws46\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x402 h1b y31bd ff10c fs2 fc0 sc0 ls34 ws41\">(<span class=\"_ _3\"></span>as reported)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x403 h1b y31be ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9 a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x404 h1b y31bf ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 9<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y31c0 ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h1b y31c1 ff10c fs2 fc0 sc0 ls114 wsa1\">(restated)<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y31c2 ff10d fs2 fc0 sc0 ls4 ws3\">Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t it<span class=\"_ _0\"></span>em<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x406 h1b y31c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y31c4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y31c5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y31c6 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y31c7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31c8 w18d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Financial investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40a y31c8 w18e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40b y31c8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(29)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40c y31c8 w18f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40d y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40e y31c8 w190 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff10e fs6 fc0 sc0 lse wsc\">Net insuranc<span class=\"_ _0\"></span>e contrac<span class=\"_ _0\"></span>t liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x40f y31ca w191 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(82<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x410 y31ca w192 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x411 y31ca w110 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x412 y31ca w193 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x413 y31ca w194 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w195 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Net deferred tax (liabili<span class=\"_ _0\"></span>ties)<span class=\"_ _3\"></span>/assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x414 y31cb w196 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(2<span class=\"_ _0\"></span>49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x415 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x416 y31cb w197 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x417 y31cb w198 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x418 y31cb w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x419 y31cc w19a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _c\"></span>444,9<span class=\"_ _3\"></span>94<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41a y31cc w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">228<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41b y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41c y31cc w19b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41d y31cc w19c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _3\"></span>444,<span class=\"_ _3\"></span>799<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w19d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41e y312a w19e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x420 y312a w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x421 y312a w19f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls13 ws17\">(<span class=\"_ _3\"></span>4,988<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y312a wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">4<span class=\"_ _0\"></span>,96<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>f re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the new acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds doe<span class=\"_ _0\"></span>s not cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the tota<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d over the life of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, nor th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>cs o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>s not c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y, solve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on no<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ayi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> capacity or<span class=\"_ _3\"></span> appetite.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the full re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h unl<span class=\"_ _0\"></span>ess im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e full re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re eac<span class=\"_ _0\"></span>h gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts as if IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 had alw<span class=\"_ _0\"></span>ays app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise any exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es that wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>t exis<span class=\"_ _0\"></span>t had IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 always app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise a<span class=\"_ _0\"></span>ny re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>et d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>If it was imp<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to appl<span class=\"_ _0\"></span>y a full ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch to a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has c<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>en be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h and the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. If the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not obt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios on tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, by year of issu<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span><table class=\"s w1a0 h13a\" id=\"_c53dd762-a054-4863-8c05-550690a07eff\"><tr><td class=\"c n x1e5 y31ce w1a1 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">T<span class=\"_ _c\"></span>ransition approach<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x424 y31ce w1a2 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls114 wsa1\">Annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x425 y31ce w1a3 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">UK<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x426 y31ce w1a4 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">US<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cf w1a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Full retrospective<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x427 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x428 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x429 y31cf w1a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">2021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31d0 w1a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42a y31d0 w1a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42b y31d0 w1aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>2-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42c y31d0 w1ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _3\"></span>1-2020<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Fair value<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42d y312a w1ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-2016<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42e y312a w1ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _6\"></span>-201<span class=\"_ _3\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42f y312a w1af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr></table>Full retrospective approach<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) fro<span class=\"_ _0\"></span>m the inc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> date o<span class=\"_ _0\"></span>f the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to the d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h has b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re: t<span class=\"_ _0\"></span>he ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed has no<span class=\"_ _0\"></span>t bee<span class=\"_ _0\"></span>n col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted (or not wit<span class=\"_ _0\"></span>h suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gra<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y); appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on wou<span class=\"_ _0\"></span>ld req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re the ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of hind<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t;<span class=\"_ _0\"></span> or info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is unava<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bec<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se of syste<span class=\"_ _0\"></span>m mig<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, data re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts or oth<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>ns. S<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c examp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ca<span class=\"_ _0\"></span>lib<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as the sca<span class=\"_ _0\"></span>le of the ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s abo<span class=\"_ _0\"></span>ut a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>ks of bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g one<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows and di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of cas<span class=\"_ _0\"></span>h flows on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es on a ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve basis;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te fixed and var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds to grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies do no<span class=\"_ _0\"></span>t </span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re su<span class=\"_ _0\"></span>ch info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ey we<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n an o<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h is to <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>eve the clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>st ou<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le us<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d suppor<span class=\"_ _0\"></span>table in<span class=\"_ _3\"></span>formation<span class=\"_ _3\"></span> avai<span class=\"_ _3\"></span>lable without undue<span class=\"_ _3\"></span> cost or effort.<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) exce<span class=\"_ _0\"></span>pt for th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n that<span class=\"_ _0\"></span>, for som<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>fore 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22 for th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of risk be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of ri<span class=\"_ _0\"></span>sk of s<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>is mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>en us<span class=\"_ _0\"></span>ed to avoid the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of hinds<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht to the cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in pri<span class=\"_ _0\"></span>or pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>en ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, the be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e Mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) of the liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge at the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te, as the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span> flows me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at that da<span class=\"_ _0\"></span>te. In de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFRS 13, \u2018Fai<span class=\"_ _0\"></span>r V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e Mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019, excep<span class=\"_ _0\"></span>t for the<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd de<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t floo<span class=\"_ _0\"></span>r requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>els a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te of re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R). Th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for use by a <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>rd par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y mar<span class=\"_ _0\"></span>ket par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ove<span class=\"_ _0\"></span>r the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls38 ws6a\">the require<span class=\"_ _0\"></span>d internal rate of return.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 used ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns at that da<span class=\"_ _0\"></span>te. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for each po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio we<span class=\"_ _0\"></span>re:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R an<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h we<span class=\"_ _0\"></span>re to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t </span>transactions whe<span class=\"_ _0\"></span>re ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fair valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h at tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was \u00a34.<span class=\"_ _c\"></span>1bn, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g \u00a33.9b<span class=\"_ _0\"></span>n for annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies an<span class=\"_ _0\"></span>d \u00a30.2<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n for pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. A reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y poss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fair val<span class=\"_ _0\"></span>ue C<span class=\"_ _0\"></span>SM de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed IR<span class=\"_ _0\"></span>R by 1<span class=\"_ _c\"></span>%<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld red<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n CS<span class=\"_ _0\"></span>M by \u00a30.3<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>han o<span class=\"_ _0\"></span>ne ye<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t in d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up did no<span class=\"_ _0\"></span>t have reaso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to disag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>to tho<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>ne yea<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>For po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss an<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. For thes<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the fair val<span class=\"_ _0\"></span>ue ap<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e at the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date has be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>ze<span class=\"_ _0\"></span>ro in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the transitional provisions of<span class=\"_ _3\"></span> the standa<span class=\"_ _0\"></span>rd.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>nsition assumptio<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s at the date of tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are set ou<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>low.<span class=\"_ _3ad\"> </span>(i) Mortalit<span class=\"_ _0\"></span>y and morbidity<span class=\"_ _3ad\"> </span>Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are s<span class=\"_ _0\"></span>et w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us M<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Bur<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>u (<span class=\"_ _3\"></span>CM<span class=\"_ _0\"></span>I), a sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y of the Inst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ute an<span class=\"_ _0\"></span>d Facu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>y of Act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or U<span class=\"_ _0\"></span>K deat<span class=\"_ _0\"></span>h reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. US assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>ons ar<span class=\"_ _0\"></span>e set wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n Ac<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>my of A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es. T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y-<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><table class=\"s w1b0 h13c\" id=\"_4c871c2e-bdf8-455c-a67b-11195ce94853\"><tr><td class=\"c n x1e5 y31d2 w1b1 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x430 y31d2 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y31d3 ff10c fs6 fc0 sc0 ls2b ws8d\">Non-link<span class=\"_ _3\"></span>ed individual<span class=\"_ _c\"></span> assurance business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31d4 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x432 he y31d5 ff10c fs6 fc0 sc0 lsd ws3\">90<span class=\"_ _0\"></span>% \u2013 92% T<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d6 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 he y31d7 ff10c fs6 fc0 sc0 lsd ws3\">58% \u2013 8<span class=\"_ _0\"></span>6% TM<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d8 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l il<span class=\"_ _0\"></span>ln<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x434 he y31d9 ff10c fs6 fc0 sc0 lsd ws3\">89% \u2013 132% AC<span class=\"_ _0\"></span>L0<span class=\"_ _0\"></span>8 S<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31da ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x435 he y31db ff10c fs6 fc0 sc0 lsd ws3\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>OA 2014 VB<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31dc ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pl<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 he y31dd ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F0<span class=\"_ _0\"></span>8 an<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31de ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life ove<span class=\"_ _0\"></span>r 50<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 he y31df ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n E<span class=\"_ _0\"></span>L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>15 and W<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f Lif<span class=\"_ _0\"></span>e Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n </td></tr><tr><td></td><td class=\"t m1 x438 he y31e0 ff10c fs6 fc0 sc0 ls16 ws25\">assumption<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y31e1 ff110 fs6 fc0 sc0 ls22 ws27\">Annuity business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31e2 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x439 he y31e3 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>NM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31e4 ff10f fs6 fc0 sc0 lsd ws15\">UK Ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x43a y31e5 w1b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Pension risk transfer<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43b y31e5 w1b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>CM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>CFA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x43a y31e6 w1b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Other annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43c y31e6 w1b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">65.9% \u2013 109.3<span class=\"_ _0\"></span>% PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA00<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y31e7 ff10f fs6 fc0 sc0 lsd ws15\">US an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d he y31e8 ff110 fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on RP<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>4 Hea<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>thy A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l tab<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of 1.0% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e at a r<span class=\"_ _0\"></span>ate o<span class=\"_ _0\"></span>f 0.5<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd 0<span class=\"_ _0\"></span>.75% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or fe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r ge<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, s<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy s<span class=\"_ _0\"></span>ize<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d yea<span class=\"_ _0\"></span>r, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. </span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>20 m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l wi<span class=\"_ _0\"></span>th a l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te of 1.5<span class=\"_ _0\"></span>% for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d 1.0% fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. </span>5. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g P<span class=\"_ _0\"></span>CX<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 wi<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>X<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o be u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>lk p<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 up t<span class=\"_ _0\"></span>o an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ge 5<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 f<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>ge 6<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d is a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o fem<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s usi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0. 6. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o an a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>19 with t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of </span>1.5% p.<span class=\"_ _0\"></span>a. u<span class=\"_ _0\"></span>p to ag<span class=\"_ _0\"></span>e 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0% a<span class=\"_ _0\"></span>t 11<span class=\"_ _3\"></span>0.<span class=\"ff10e\"> </span>Fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of 1.0% p<span class=\"_ _0\"></span>.a<span class=\"_ _0\"></span>. up to a<span class=\"_ _0\"></span>ge 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0<span class=\"_ _0\"></span>% at 110.<span class=\"ff10e\"> </span>Sm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a sm<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter (S<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>) val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>f 7<span class=\"_ _3\"></span>.5 ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to L<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al &amp; G<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ke p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a up to 2<span class=\"_ _0\"></span>019. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s.<span class=\"ff10e\"> </span>Fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, a fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s ab<span class=\"_ _0\"></span>ove i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up t<span class=\"_ _0\"></span>o ag<span class=\"_ _0\"></span>e 90<span class=\"_ _0\"></span>. Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ge 9<span class=\"_ _0\"></span>0 th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s is b<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d tow<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ag<span class=\"_ _0\"></span>e 105 o<span class=\"_ _0\"></span>nwa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">I<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e is M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018 for F<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>019 for M<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(ii) Valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rat<span class=\"_ _0\"></span>es of inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d to disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt the ca<span class=\"_ _0\"></span>sh flows for th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of valui<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>uld re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the timi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of thos<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cas<span class=\"_ _0\"></span>h flows and cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved as inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th fu<span class=\"_ _0\"></span>ll te<span class=\"_ _0\"></span>rm s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> In d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an ex<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sk is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld o<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>lowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k. I<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se of<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e no n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e, a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>his<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, ar<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e UK a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k of de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt fo<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> to 4<span class=\"_ _0\"></span>3b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>. For l<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted to \u00a3<span class=\"_ _0\"></span>0.6<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>. For U<span class=\"_ _0\"></span>S and UK pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the yie<span class=\"_ _0\"></span>ld is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on not<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>A<span class=\"_ _6\"></span>A rate<span class=\"_ _0\"></span>d cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d cash<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cash flo<span class=\"_ _0\"></span>ws. An ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce for ris<span class=\"_ _0\"></span>k is ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with th<span class=\"_ _0\"></span>e notional por<span class=\"_ _0\"></span>tfolio assets. Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves use<span class=\"_ _0\"></span>d for the ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>es are sh<span class=\"_ _0\"></span>own be<span class=\"_ _0\"></span>low. The di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d to disco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the cas<span class=\"_ _0\"></span>h flows on the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and the re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e cash flows on th<span class=\"_ _0\"></span>ose co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> 4%<span class=\"_ _3ad\"> </span>3%<span class=\"_ _3ad\"> </span>2%<span class=\"_ _3ad\"> </span>1%<span class=\"_ _3ad\"> </span>0%<span class=\"_ _3ad\"> </span>1 January 2022<span class=\"_ _3\"></span> Discount Ra<span class=\"_ _3\"></span>tes<span class=\"_ _3ad\"> </span>\u25cf<span class=\"_ _3ad\"> </span>GBP Ris<span class=\"_ _3\"></span>k-free<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc12\"> </span>Annuity GBP<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc5\"> </span>Protection<span class=\"_ _3\"></span> GBP<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>USD Risk-free<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>Annuities USD<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>Protection<span class=\"_ _3\"></span> <span class=\"ls4 ws3\">USD<span class=\"_ _3ad\"> </span></span>RateYears ahead<span class=\"_ _3ad\"> </span>0<span class=\"_ _12e\"> </span><span class=\"ls32 ws3d\">10<span class=\"_ _14e\"> </span>20<span class=\"_ _1ca\"> </span>30<span class=\"_ _1ca\"> </span>40<span class=\"_ _1ca\"> </span>50<span class=\"_ _1ca\"> </span>60<span class=\"_ _3ad\"> </span></span>(iii) Persistenc<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span><table class=\"s w1b7 h13e\" id=\"_aa7ab052-455c-443b-9495-3f9bb2a3606e\"><tr><td class=\"c n x1e5 y31e9 w1b8 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls114 wsa1\">Lapse Rates<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43e y31e9 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w1b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">UK Le<span class=\"_ _0\"></span>vel te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43f y31ea w1ba h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.0% \u2013 2<span class=\"_ _0\"></span>8.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w1bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x440 y31eb w1bc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.4% \u2013 15.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x441 y31ec w1be h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.<span class=\"_ _0\"></span>2% \u2013 31.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w1bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life (con<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al no<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x442 y31ed w1c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws126\">0.7<span class=\"_ _0\"></span>% \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _0\"></span>.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w1c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 10 <span class=\"_ _c\"></span>y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x443 y31ee w1c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 wsd7\">7.1%<span class=\"_ _6\"></span> \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w1c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 1<span class=\"_ _c\"></span>5 ye<span class=\"_ _0\"></span>ar gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x444 y31ef w1c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.<span class=\"_ _0\"></span>2% \u2013 5.<span class=\"_ _0\"></span>8%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w1c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 20 year g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x445 y31cb w1c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.0% \u2013 6<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 30 yea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x446 y31cc w1c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.<span class=\"_ _c\"></span>1% \u2013 6.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l Lif<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y312a w1ca h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">2.7<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr></table>(iv) Ris<span class=\"_ _0\"></span>k Adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tes it<span class=\"_ _0\"></span>s risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt usi<span class=\"_ _0\"></span>ng a Provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for Adve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e Devi<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (PAD<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d over and ab<span class=\"_ _0\"></span>ove the bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (whic<span class=\"_ _0\"></span>h var<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> by risk<span class=\"_ _0\"></span>) are cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>ch tha<span class=\"_ _0\"></span>t the total Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d alig<span class=\"_ _0\"></span>ns to the Gro<span class=\"_ _0\"></span>up\u2019s view of com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>ks and th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t level is re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d for tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. Fo<span class=\"_ _0\"></span>r the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of risks<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to an 85th pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Value<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>isk (<span class=\"_ _0\"></span>VaR) me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>his VaR meas<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on how non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s beh<span class=\"_ _0\"></span>ave (<span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k dis<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ris<span class=\"_ _0\"></span>ks acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up (risk co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the cos<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in plac<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on). This is con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th how ris<span class=\"_ _0\"></span>ks are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for and mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up. We have esti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l for the ent<span class=\"_ _0\"></span>ire Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p on a <span class=\"_ _3\"></span>mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r basis<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng a wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the key <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. Ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 is align<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>a c<span class=\"_ _c\"></span>75t<span class=\"_ _0\"></span>h per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nof<span class=\"_ _0\"></span>f of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 can be at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted to the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span><table class=\"s w1cb h13f\" id=\"_b2eb91a3-2740-4cb5-bb50-2387969f7a81\"><tr><td></td><td class=\"t m1 x448 h1b y31f0 ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>et<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x449 h1b y31f1 ff10c fs2 fc0 sc0 ls115 ws8d\">insurance con<span class=\"_ _3\"></span>tract liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x44a h1b y31f2 ff10c fs2 fc0 sc0 ls4 ws3\">on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e3 h1b y31f3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y31f4 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s: th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 cas<span class=\"_ _0\"></span>h flows ar<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e all pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ins in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 4 </td><td></td></tr><tr><td class=\"t m1 x1ec ha y31f5 ff10e fs6 fc0 sc0 lsd ws3\">lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>al of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> </td><td></td></tr><tr><td class=\"c n x1e5 y31f6 w1cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n a low<span class=\"_ _0\"></span>er b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44b y31f6 w1cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls14 ws2d\">7<span class=\"_ _c\"></span>,484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w1ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t: I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44c y31f7 w1cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w1d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M: de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d above an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e une<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44d y31f8 w1d1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44e y312a w1d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly. In lin<span class=\"_ _0\"></span>e with IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd do<span class=\"_ _0\"></span>es not ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d a \u2018class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay<span class=\"_ _0\"></span>\u2019 as all<span class=\"_ _0\"></span>owed by the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 at the sa<span class=\"_ _0\"></span>me tim<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion as if the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>d bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to such as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, irre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date<span class=\"_ _0\"></span>. For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls have bee<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed as at the date of ini<span class=\"_ _0\"></span>tial ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and<span class=\"_ _0\"></span> have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in all per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d. If an asse<span class=\"_ _0\"></span>t was in sco<span class=\"_ _0\"></span>pe of the clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n overl<span class=\"_ _0\"></span>ay desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of eac<span class=\"_ _0\"></span>h fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et in the co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds wi<span class=\"_ _0\"></span>th wha<span class=\"_ _0\"></span>t it exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d it woul<span class=\"_ _0\"></span>d have bee<span class=\"_ _0\"></span>n on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h asses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on date<span class=\"_ _0\"></span>. Any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the I<span class=\"_ _0\"></span>AS 39 car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 or <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over<span class=\"_ _0\"></span>lay was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r as <span class=\"_ _3\"></span>at 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 the<span class=\"_ _0\"></span>re had be<span class=\"_ _0\"></span>en a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k as comp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to the date tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was ini<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed a 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h or lifet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e ECL acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. The Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on its boo<span class=\"_ _0\"></span>ks du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>o the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore an ass<span class=\"_ _0\"></span>et was de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, any exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds wer<span class=\"_ _0\"></span>e rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al. O<span class=\"_ _0\"></span>n tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mad<span class=\"_ _0\"></span>e use of a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y it can be<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed tha<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k on a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has not in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to have l<span class=\"_ _0\"></span>ow c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te (e.g. inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 39 was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in open<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. Ho<span class=\"_ _0\"></span>wever, if this re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t at FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l and opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ite move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t was refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the OCI res<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve.<span class=\"_ _3ad\"> </span>Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. All he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IAS 39 at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 me<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3 and we<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed as co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hed<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> relationships.<span class=\"_ _3ad\"> </span>Classification and <span class=\"_ _3\"></span>measure<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ies un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 and the new me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>for ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span> of the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s as at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g the rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>s for any rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s out of the F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>y. No chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 9.<span class=\"_ _3ad\"> </span><table class=\"s w1d4 h140\" id=\"_c8af44a5-e5fe-4cb4-a282-b884bd3b7133\"><tr><td></td><td></td><td></td><td class=\"t m1 x44f h1b y31f9 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x450 h1b y31fa ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y31fb ff10c fs2 fc0 sc0 ls35 ws42\">(before </td><td></td><td></td><td></td><td class=\"t m1 x451 h1b y31fb ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x452 h1b y31fc ff10c fs2 fc0 sc0 ls132 ws12c\">IAS 39<span class=\"_ _3\"></span> measuremen<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x453 y31fe w1d5 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">remeasurement)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x454 y31fe w1d6 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasureme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x455 h1b y31ff ff10c fs2 fc0 sc0 ls132 ws12c\" colspan=\"2\">IFRS 9 measurement<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x456 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x457 h1b y3200 ff10c fs2 fc0 sc0 ls34 ws41\">ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3200 ff10c fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x452 h1b y3201 ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></td><td class=\"c n x45a y3202 w1d7 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45b y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x2a8 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x45c y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45d y3202 w1d9 h141\"><div class=\"t m1 x1e4 h1b y31fd ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x228 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3203 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3204 w1da h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 ls4 ws3\">Equity securities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45e y3204 w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3205 w1dc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x460 y3205 w1dd h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x224 he y3206 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3207 w1de h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x461 y3207 w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3207 w1df h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x462 y3207 w1e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x463 y3207 w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x464 he y3208 ff10c fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x465 y3209 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x466 y3209 w1e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y320a w1e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 T<span class=\"_ _c\"></span>o de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x467 y320a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320b w1e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x468 y320b w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320b w1e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46a y320b w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x46b he y320c ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y320d w1e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46c y320d w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320e w1e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46d y320e w1ea h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FVT<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x459 he y320f ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3210 w1eb h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x46e y3210 w1ec h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">444,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46f y3210 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x470 y3210 w1ec h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">438,233<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3211 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments \u2013 ava<span class=\"_ _3\"></span>ilable for sale<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3212 w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x471 y3212 w1ee h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">AFS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y3212 w93 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">789<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x473 y3212 w1ef h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y3213 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x474 y3213 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>89)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3214 w1f1 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x475 y3214 w1f2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x476 y3214 w1f3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3215 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FVOCI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3216 w1f4 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">Debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x477 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x478 y3216 w1f6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x479 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y3217 w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47a y3217 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3218 w1f9 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47b y3218 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x47c y3218 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3219 w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x47d y3219 w1fb h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3\"></span>5,44<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47e y3219 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47f y3219 w1fc h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y321a ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at amortised cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y321b w1e6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x480 y321b w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y321c w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x482 y321c w111 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lse2 wsec\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y321c w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x484 y321c w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x485 y321d w106 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x486 y321d w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y321d w200 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x488 y321d w201 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x489 y321d w202 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y321e w203 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48a y321e w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">789<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y321f w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48b y321f w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w206 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x48c y3220 w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48d y3220 we2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,73<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48e y3220 w207 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48f y3220 w208 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>118<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x490 y3220 wb7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3221 ff110 fs6 fc0 sc0 lsd ws15\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3222 w209 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Reinsurance receivabl<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x491 y3222 w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y31ed w20b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">291<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x492 y31ed w20c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3223 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w20d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">Insurance and intermediaries<span class=\"_ _3\"></span> receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x494 y31ee w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y31ee w20e h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x495 y31ee w20f h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3224 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w210 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Other receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x496 y31ef w211 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L<span class=\"_ _0\"></span>&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x497 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x498 y31ef w17a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y31ef w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x499 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w212 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49a y3225 w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y31cb w213 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35,7<span class=\"_ _0\"></span>84<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x49b y31cb w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49c y31cb w18b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,784<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w214 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49d y31cc w215 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls11 ws3a\">45,7<span class=\"_ _3\"></span>83<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x49e y31cc w216 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49f y31cc w217 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">45,4<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w218 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a0 y312a w219 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a1 y312a w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4a2 y312a w21a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a3 y312a w21b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e wer<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in a se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d or d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts n<span class=\"_ _0\"></span>ot q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>se ex<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e for s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e or f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span><span class=\"ff10f\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17 as th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ow i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>n an I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ost<span class=\"_ _3ad\"> </span>As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IFR<span class=\"_ _0\"></span>S 9, the Grou<span class=\"_ _0\"></span>p has reas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d the cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in ord<span class=\"_ _0\"></span>er to bet<span class=\"_ _6\"></span>ter mat<span class=\"_ _0\"></span>ch in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate an<span class=\"_ _0\"></span>d infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prev<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly he<span class=\"_ _0\"></span>ld at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This is be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t unde<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 for ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of long da<span class=\"_ _0\"></span>ted de<span class=\"_ _0\"></span>bt in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a35,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>m (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3) <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s but in sur<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>lus to the IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, and pas<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, was sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ra<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, not<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns in the US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s, we<span class=\"_ _0\"></span>re pre<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>. Foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 th<span class=\"_ _0\"></span>is is no long<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted in OC<span class=\"_ _0\"></span>I. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts pas<span class=\"_ _0\"></span>s the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> of \u00a332<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year. <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the year was \u00a32<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span> as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 was 3.59<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 is \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39, bond<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng US T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y bon<span class=\"_ _0\"></span>ds) back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies we<span class=\"_ _0\"></span>re hel<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L in orde<span class=\"_ _0\"></span>r to elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mis<span class=\"_ _0\"></span>matc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFRS 17 <span class=\"_ _c\"></span>t<span class=\"_ _0\"></span>his is no lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are he<span class=\"_ _0\"></span>ld to back<span class=\"_ _6\"></span>, are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in OCI<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s pass the S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I test and ar<span class=\"_ _0\"></span>e hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t and se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l, an<span class=\"_ _0\"></span>d are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e gain<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in the yea<span class=\"_ _0\"></span>r was \u00a38m<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te as <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span> 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 was 2.7<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a335<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>s the clo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 with the op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g los<span class=\"_ _0\"></span>s allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to the impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span><table class=\"s w21c h142\" id=\"_6ea48048-e8b5-43cd-9929-bbdcb2f850d9\"><tr><td></td><td class=\"t m1 x4a4 h1b y3226 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 </td><td></td><td class=\"t m1 x4a5 h1b y3227 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 </td></tr><tr><td></td><td class=\"t m1 x4a6 h1b y3228 ff10c fs2 fc0 sc0 ls4 ws3\">IA<span class=\"_ _0\"></span>S 39 </td><td class=\"t m1 x4a7 h1b y3228 ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasurement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h1b y3229 ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a8 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y322b ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y322c ff10f fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322d w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ac y322d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ad y322d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y322e ff10e fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322f w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ae y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4af y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31f7 w21f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es A<span class=\"_ _0\"></span>FS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b0 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b1 y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b2 y31f7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w220 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Othe<span class=\"_ _0\"></span>r receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b3 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b5 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b6 y312a w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b7 y312a w221 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b8 y312a w56 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 has resu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x as at <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. A defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m was rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of this<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 of <span class=\"_ _3\"></span>\u00a35<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>m.<span class=\"_ _0\"></span> Of the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>, \u00a31,3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2m rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK and \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rela<span class=\"_ _0\"></span>tes to the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion of this ne<span class=\"_ _0\"></span>w acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e tax the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pays in the UK<span class=\"_ _6\"></span>, as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me is base<span class=\"_ _0\"></span>d on the IF<span class=\"_ _0\"></span>RS res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. HM<span class=\"_ _0\"></span>RC co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted wid<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y on how the intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be treate<span class=\"_ _0\"></span>d for tax pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The UK ta<span class=\"_ _0\"></span>x regi<span class=\"_ _0\"></span>me req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 for U<span class=\"_ _0\"></span>K com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over 1<span class=\"_ _3\"></span>0 years an<span class=\"_ _0\"></span>d will re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce th<span class=\"_ _0\"></span>e cash ta<span class=\"_ _0\"></span>x pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over this per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d. Thi<span class=\"_ _0\"></span>s tax los<span class=\"_ _0\"></span>s has <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax asse<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, value<span class=\"_ _0\"></span>d at \u00a31<span class=\"_ _3\"></span>.2<span class=\"_ _0\"></span>bn at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s US bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es\u2019 ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is base<span class=\"_ _0\"></span>d on the<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y fili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s rath<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than on the IF<span class=\"_ _0\"></span>RS re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 doe<span class=\"_ _0\"></span>s not imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir loc<span class=\"_ _0\"></span>al ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> on whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on, an<span class=\"_ _0\"></span>d the IFR<span class=\"_ _0\"></span>S res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 12 \u2013 Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>xes: \u2018<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x Re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m \u2014 Pi<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>w<span class=\"_ _0\"></span>o Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n May 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, wer<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e to the O<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fo<span class=\"_ _0\"></span>r Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (OEC<span class=\"_ _0\"></span>D) In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ve Fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk on Bas<span class=\"_ _0\"></span>e Eros<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d Pro<span class=\"_ _0\"></span>fit S<span class=\"_ _0\"></span>hif<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g (BE<span class=\"_ _0\"></span>PS) Pil<span class=\"_ _0\"></span>lar T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">A mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Pilla<span class=\"_ _0\"></span>r </span>T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies to hel<span class=\"_ _0\"></span>p user<span class=\"_ _0\"></span>s of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to Pilla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>wo inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </span>ta<span class=\"_ _0\"></span>xes ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y befo<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>(iv) St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to publ<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t yet ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018C<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es as Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t or Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>0, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y the exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 2024<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt Li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h Cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n Oc<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y th<span class=\"_ _0\"></span>at o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h an e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y on o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ate wi<span class=\"_ _0\"></span>ll af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t a liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s class<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6 \u2013 Leas<span class=\"_ _0\"></span>es: \u2018<span class=\"_ _0\"></span>Lea<span class=\"_ _0\"></span>se Lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>Sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d Leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for sel<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>es to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e and leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he ame<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 7 \u2013 S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of C<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h Flo<span class=\"_ _0\"></span>ws an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 7 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: D<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s: \u2018<span class=\"_ _0\"></span>Su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>er F<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, addr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>ir ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on a comp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, cas<span class=\"_ _0\"></span>h flows and ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-668": {
   "value": "(ii<span class=\"_ _0\"></span>i) New s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to pub<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t time in it<span class=\"_ _0\"></span>s ann<span class=\"_ _0\"></span>ual re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>IF<span class=\"_ _0\"></span>RS 17 \u2013 Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 and IFR<span class=\"_ _0\"></span>S 9, \u2018Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 for the fir<span class=\"_ _0\"></span>st ti<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span> have bro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>ht si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly, and have had<span class=\"_ _0\"></span> a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of init<span class=\"_ _0\"></span>ial ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019 was ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in May 201<span class=\"_ _3\"></span>7 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, and su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts we<span class=\"_ _0\"></span>re issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in Jun<span class=\"_ _0\"></span>e 2020<span class=\"_ _0\"></span>. Endo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> for use in the U<span class=\"_ _0\"></span>K was gran<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>2. Th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 4, \u2018I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts\u2019, and has bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly, in line wit<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed for in the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>es a com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch for ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> measurement, income stat<span class=\"_ _3\"></span>ement presentation<span class=\"_ _3\"></span> and disclosur<span class=\"_ _3\"></span>e. IF<span class=\"_ _0\"></span>RS 9, \u2018F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts\u2019 was iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in Jul<span class=\"_ _0\"></span>y 201<span class=\"_ _3\"></span>4 by the IAS<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>, ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve for ann<span class=\"_ _0\"></span>ual pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng on or af<span class=\"_ _0\"></span>ter 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 201<span class=\"_ _3\"></span>8. Th<span class=\"_ _0\"></span>e IA<span class=\"_ _0\"></span>SB<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d \u2018<span class=\"_ _c\"></span>A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IFR<span class=\"_ _0\"></span>S 4: App<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h IFR<span class=\"_ _0\"></span>S 4 <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s\u2019 whic<span class=\"_ _0\"></span>h allo<span class=\"_ _0\"></span>wed en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>t cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to defer the<span class=\"_ _0\"></span>ir im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>l adop<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>, \u2018<span class=\"_ _0\"></span>In<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts\u2019 or 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, whic<span class=\"_ _0\"></span>heve<span class=\"_ _0\"></span>r is the<span class=\"_ _0\"></span> ear<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er. <span class=\"_ _3\"></span>In Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>, the IA<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>B agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y exemp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in IF<span class=\"_ _0\"></span>RS 4 from ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng IF<span class=\"_ _0\"></span>RS 9 to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ods be<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>inn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p qual<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d made use of this def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, and has th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9 for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. The st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d IA<span class=\"_ _0\"></span>S 39, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d Meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s new pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>es an im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>aci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d new req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g. IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y. Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the new ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on 5<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>1 of th<span class=\"_ _0\"></span>e Fu<span class=\"_ _0\"></span>ll ye<span class=\"_ _0\"></span>ar r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 P<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt R<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t is u<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y and pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h all res<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ear<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y lab<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d as s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>his r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t.<span class=\"_ _0\"></span> Pr<span class=\"_ _0\"></span>ior pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>was ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng 30 Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>23. Th<span class=\"_ _0\"></span>is info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on was una<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Sin<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt of the det<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d work an<span class=\"_ _0\"></span>d rev<span class=\"_ _0\"></span>iew un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se the nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in this re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch has now be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n audi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have now be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the prio<span class=\"_ _0\"></span>r pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. Th<span class=\"_ _0\"></span>is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Chan<span class=\"_ _0\"></span>ge in inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with no im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t on pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t. In tota<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the pare<span class=\"_ _0\"></span>nt was an inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase of \u00a31<span class=\"_ _3\"></span>9m as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, and a decr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a34<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>m as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>ne ite<span class=\"_ _0\"></span>ms in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Cons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e set ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow. <table class=\"s w18c h139\" id=\"_3e67ff51-8103-48f2-ade9-886d78975dd1\"><tr><td></td><td class=\"t m1 x3fb h1b y31b5 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fc h1b y31b6 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td class=\"t m1 x3fd h1b y31b7 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x3fe h1b y31b8 ff10c fs2 fc0 sc0 ls91 wsda\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3ff h1b y31b9 ff10c fs2 fc0 sc0 ls4 ws3\">du<span class=\"_ _0\"></span>e to a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>f </td><td class=\"t m1 x400 h1b y31ba ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x401 h1b y31bb ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x226 h1b y31bc ff10c fs2 fc0 sc0 ls3a ws46\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x402 h1b y31bd ff10c fs2 fc0 sc0 ls34 ws41\">(<span class=\"_ _3\"></span>as reported)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x403 h1b y31be ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9 a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x404 h1b y31bf ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 9<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y31c0 ff10c fs2 fc0 sc0 ls34 ws41\">adoption o<span class=\"_ _3\"></span>f IFRS 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h1b y31c1 ff10c fs2 fc0 sc0 ls114 wsa1\">(restated)<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y31c2 ff10d fs2 fc0 sc0 ls4 ws3\">Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t it<span class=\"_ _0\"></span>em<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x406 h1b y31c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y31c4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y31c5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y31c6 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y31c7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31c8 w18d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Financial investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40a y31c8 w18e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40b y31c8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(29)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40c y31c8 w18f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40d y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x40e y31c8 w190 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff10e fs6 fc0 sc0 lse wsc\">Net insuranc<span class=\"_ _0\"></span>e contrac<span class=\"_ _0\"></span>t liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x40f y31ca w191 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(82<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x410 y31ca w192 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x411 y31ca w110 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x412 y31ca w193 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x413 y31ca w194 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w195 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Net deferred tax (liabili<span class=\"_ _0\"></span>ties)<span class=\"_ _3\"></span>/assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x414 y31cb w196 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4b ws56\">(2<span class=\"_ _0\"></span>49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x415 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x416 y31cb w197 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x417 y31cb w198 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x418 y31cb w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x419 y31cc w19a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _c\"></span>444,9<span class=\"_ _3\"></span>94<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41a y31cc w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">228<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41b y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41c y31cc w19b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41d y31cc w19c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc0 wsc\">(<span class=\"_ _3\"></span>444,<span class=\"_ _3\"></span>799<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w19d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41e y312a w19e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x420 y312a w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x421 y312a w19f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls13 ws17\">(<span class=\"_ _3\"></span>4,988<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y312a wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">4<span class=\"_ _0\"></span>,96<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, n<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>f re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the new acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds doe<span class=\"_ _0\"></span>s not cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the tota<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d over the life of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, nor th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>cs o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>s not c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y, solve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy p<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on no<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ayi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> capacity or<span class=\"_ _3\"></span> appetite.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the full re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h unl<span class=\"_ _0\"></span>ess im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e full re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tif<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re eac<span class=\"_ _0\"></span>h gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts as if IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 had alw<span class=\"_ _0\"></span>ays app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise any exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es that wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>t exis<span class=\"_ _0\"></span>t had IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 always app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise a<span class=\"_ _0\"></span>ny re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>et d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>If it was imp<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to appl<span class=\"_ _0\"></span>y a full ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch to a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has c<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>en be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h and the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. If the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not obt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios on tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, by year of issu<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span><table class=\"s w1a0 h13a\" id=\"_c53dd762-a054-4863-8c05-550690a07eff\"><tr><td class=\"c n x1e5 y31ce w1a1 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">T<span class=\"_ _c\"></span>ransition approach<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x424 y31ce w1a2 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls114 wsa1\">Annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x425 y31ce w1a3 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">UK<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x426 y31ce w1a4 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff10d fs2 fc0 sc0 ls35 ws42\">US<span class=\"_ _3\"></span> Protection<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cf w1a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Full retrospective<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x427 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x428 y31cf w1a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">20<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x429 y31cf w1a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">2021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31d0 w1a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42a y31d0 w1a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42b y31d0 w1aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _c\"></span>2-2020<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42c y31d0 w1ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">201<span class=\"_ _3\"></span>1-2020<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Fair value<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42d y312a w1ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-2016<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42e y312a w1ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _6\"></span>-201<span class=\"_ _3\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x42f y312a w1af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">Pre<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr></table>Full retrospective approach<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) fro<span class=\"_ _0\"></span>m the inc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> date o<span class=\"_ _0\"></span>f the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to the d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h has b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re: t<span class=\"_ _0\"></span>he ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed has no<span class=\"_ _0\"></span>t bee<span class=\"_ _0\"></span>n col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted (or not wit<span class=\"_ _0\"></span>h suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gra<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y); appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on wou<span class=\"_ _0\"></span>ld req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re the ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of hind<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t;<span class=\"_ _0\"></span> or info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is unava<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bec<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se of syste<span class=\"_ _0\"></span>m mig<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, data re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts or oth<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>ns. S<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c examp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ca<span class=\"_ _0\"></span>lib<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as the sca<span class=\"_ _0\"></span>le of the ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s abo<span class=\"_ _0\"></span>ut a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>ks of bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g one<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows and di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of cas<span class=\"_ _0\"></span>h flows on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </span>su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es on a ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve basis;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te fixed and var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds to grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies do no<span class=\"_ _0\"></span>t </span>re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re su<span class=\"_ _0\"></span>ch info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ey we<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n an o<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h is to <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>eve the clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>st ou<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le us<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d suppor<span class=\"_ _0\"></span>table in<span class=\"_ _3\"></span>formation<span class=\"_ _3\"></span> avai<span class=\"_ _3\"></span>lable without undue<span class=\"_ _3\"></span> cost or effort.<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fu<span class=\"_ _0\"></span>ll ret<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n adop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s set ou<span class=\"_ _0\"></span>t in sec<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (vii) exce<span class=\"_ _0\"></span>pt for th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n that<span class=\"_ _0\"></span>, for som<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>fore 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 2021, the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for<span class=\"_ _0\"></span> no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22 for th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of risk be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th r<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e of ri<span class=\"_ _0\"></span>sk of s<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>is mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>en us<span class=\"_ _0\"></span>ed to avoid the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of hinds<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht to the cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in pri<span class=\"_ _0\"></span>or pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span>For in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>en ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, the be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e Mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) of the liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge at the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te, as the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span> flows me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at that da<span class=\"_ _0\"></span>te. In de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFRS 13, \u2018Fai<span class=\"_ _0\"></span>r V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e Mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019, excep<span class=\"_ _0\"></span>t for the<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd de<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t floo<span class=\"_ _0\"></span>r requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>els a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te of re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R). Th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for use by a <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>rd par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y mar<span class=\"_ _0\"></span>ket par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ove<span class=\"_ _0\"></span>r the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls38 ws6a\">the require<span class=\"_ _0\"></span>d internal rate of return.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 used ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns at that da<span class=\"_ _0\"></span>te. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for each po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio we<span class=\"_ _0\"></span>re:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the I<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>R an<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h we<span class=\"_ _0\"></span>re to<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t </span>transactions whe<span class=\"_ _0\"></span>re ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the fair valu<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h at tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was \u00a34.<span class=\"_ _c\"></span>1bn, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g \u00a33.9b<span class=\"_ _0\"></span>n for annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies an<span class=\"_ _0\"></span>d \u00a30.2<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n for pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. A reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y poss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fair val<span class=\"_ _0\"></span>ue C<span class=\"_ _0\"></span>SM de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed IR<span class=\"_ _0\"></span>R by 1<span class=\"_ _c\"></span>%<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld red<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n CS<span class=\"_ _0\"></span>M by \u00a30.3<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>han o<span class=\"_ _0\"></span>ne ye<span class=\"_ _0\"></span>ar a<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t in d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up did no<span class=\"_ _0\"></span>t have reaso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to disag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>to tho<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>ne yea<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>For po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss an<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. For thes<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the fair val<span class=\"_ _0\"></span>ue ap<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the cum<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e at the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date has be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>ze<span class=\"_ _0\"></span>ro in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the transitional provisions of<span class=\"_ _3\"></span> the standa<span class=\"_ _0\"></span>rd.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>nsition assumptio<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s at the date of tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are set ou<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>low.<span class=\"_ _3ad\"> </span>(i) Mortalit<span class=\"_ _0\"></span>y and morbidity<span class=\"_ _3ad\"> </span>Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are s<span class=\"_ _0\"></span>et w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us M<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Bur<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>u (<span class=\"_ _3\"></span>CM<span class=\"_ _0\"></span>I), a sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y of the Inst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ute an<span class=\"_ _0\"></span>d Facu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>y of Act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or U<span class=\"_ _0\"></span>K deat<span class=\"_ _0\"></span>h reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. US assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>ons ar<span class=\"_ _0\"></span>e set wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s dr<span class=\"_ _0\"></span>awn u<span class=\"_ _0\"></span>p by th<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n Ac<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>my of A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es. T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y-<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><table class=\"s w1b0 h13c\" id=\"_4c871c2e-bdf8-455c-a67b-11195ce94853\"><tr><td class=\"c n x1e5 y31d2 w1b1 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x430 y31d2 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y31d3 ff10c fs6 fc0 sc0 ls2b ws8d\">Non-link<span class=\"_ _3\"></span>ed individual<span class=\"_ _c\"></span> assurance business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31d4 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x432 he y31d5 ff10c fs6 fc0 sc0 lsd ws3\">90<span class=\"_ _0\"></span>% \u2013 92% T<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d6 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 he y31d7 ff10c fs6 fc0 sc0 lsd ws3\">58% \u2013 8<span class=\"_ _0\"></span>6% TM<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31d8 ff10e fs6 fc0 sc0 lsd ws3\">UK t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l il<span class=\"_ _0\"></span>ln<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x434 he y31d9 ff10c fs6 fc0 sc0 lsd ws3\">89% \u2013 132% AC<span class=\"_ _0\"></span>L0<span class=\"_ _0\"></span>8 S<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31da ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x435 he y31db ff10c fs6 fc0 sc0 lsd ws3\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>OA 2014 VB<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31dc ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pl<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 he y31dd ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F0<span class=\"_ _0\"></span>8 an<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31de ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life ove<span class=\"_ _0\"></span>r 50<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 he y31df ff10c fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n E<span class=\"_ _0\"></span>L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>15 and W<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f Lif<span class=\"_ _0\"></span>e Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n </td></tr><tr><td></td><td class=\"t m1 x438 he y31e0 ff10c fs6 fc0 sc0 ls16 ws25\">assumption<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y31e1 ff110 fs6 fc0 sc0 ls22 ws27\">Annuity business<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x431 ha y31e2 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x439 he y31e3 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>NM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y31e4 ff10f fs6 fc0 sc0 lsd ws15\">UK Ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x43a y31e5 w1b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Pension risk transfer<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43b y31e5 w1b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">76.2<span class=\"_ _0\"></span>% \u2013 86.<span class=\"_ _0\"></span>3% P<span class=\"_ _0\"></span>CM<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>CFA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x43a y31e6 w1b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Other annuities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43c y31e6 w1b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">65.9% \u2013 109.3<span class=\"_ _0\"></span>% PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA00<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y31e7 ff10f fs6 fc0 sc0 lsd ws15\">US an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d he y31e8 ff110 fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on RP<span class=\"_ _0\"></span>-201<span class=\"_ _3\"></span>4 Hea<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>thy A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l tab<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of 1.0% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e at a r<span class=\"_ _0\"></span>ate o<span class=\"_ _0\"></span>f 0.5<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd 0<span class=\"_ _0\"></span>.75% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or fe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r ge<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, s<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy s<span class=\"_ _0\"></span>ize<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d yea<span class=\"_ _0\"></span>r, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. </span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>20 m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l wi<span class=\"_ _0\"></span>th a l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te of 1.5<span class=\"_ _0\"></span>% for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d 1.0% fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. </span>5. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g P<span class=\"_ _0\"></span>CX<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 wi<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>X<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o be u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>lk p<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is P<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 up t<span class=\"_ _0\"></span>o an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ge 5<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0 f<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>ge 6<span class=\"_ _0\"></span>5 an<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>e for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d is a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o fem<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s usi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0 a<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0. 6. <span class=\"_ _19\"> </span><span class=\"ff10f\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o an a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>19 with t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of </span>1.5% p.<span class=\"_ _0\"></span>a. u<span class=\"_ _0\"></span>p to ag<span class=\"_ _0\"></span>e 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0% a<span class=\"_ _0\"></span>t 11<span class=\"_ _3\"></span>0.<span class=\"ff10e\"> </span>Fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of 1.0% p<span class=\"_ _0\"></span>.a<span class=\"_ _0\"></span>. up to a<span class=\"_ _0\"></span>ge 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0<span class=\"_ _0\"></span>% at 110.<span class=\"ff10e\"> </span>Sm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a sm<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter (S<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>) val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>f 7<span class=\"_ _3\"></span>.5 ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to L<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al &amp; G<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ke p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a up to 2<span class=\"_ _0\"></span>019. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s.<span class=\"ff10e\"> </span>Fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, a fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s ab<span class=\"_ _0\"></span>ove i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up t<span class=\"_ _0\"></span>o ag<span class=\"_ _0\"></span>e 90<span class=\"_ _0\"></span>. Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ge 9<span class=\"_ _0\"></span>0 th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s is b<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d tow<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ag<span class=\"_ _0\"></span>e 105 o<span class=\"_ _0\"></span>nwa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">I<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e is M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>018 for F<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>019 for M<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(ii) Valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rat<span class=\"_ _0\"></span>es of inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d to disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt the ca<span class=\"_ _0\"></span>sh flows for th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of valui<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>uld re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the timi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of thos<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cas<span class=\"_ _0\"></span>h flows and cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved as inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th fu<span class=\"_ _0\"></span>ll te<span class=\"_ _0\"></span>rm s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> In d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an ex<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce fo<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sk is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld o<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>lowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k. I<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se of<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e no n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e, a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket r<span class=\"_ _0\"></span>isk p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>his<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, ar<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e UK a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k of de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt fo<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> to 4<span class=\"_ _0\"></span>3b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>. For l<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted to \u00a3<span class=\"_ _0\"></span>0.6<span class=\"_ _0\"></span>bn<span class=\"_ _0\"></span>. For U<span class=\"_ _0\"></span>S and UK pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the yie<span class=\"_ _0\"></span>ld is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on not<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>A<span class=\"_ _6\"></span>A rate<span class=\"_ _0\"></span>d cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d cash<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cash flo<span class=\"_ _0\"></span>ws. An ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce for ris<span class=\"_ _0\"></span>k is ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with th<span class=\"_ _0\"></span>e notional por<span class=\"_ _0\"></span>tfolio assets. Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves use<span class=\"_ _0\"></span>d for the ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>es are sh<span class=\"_ _0\"></span>own be<span class=\"_ _0\"></span>low. The di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d to disco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the cas<span class=\"_ _0\"></span>h flows on the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and the re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e cash flows on th<span class=\"_ _0\"></span>ose co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> 4%<span class=\"_ _3ad\"> </span>3%<span class=\"_ _3ad\"> </span>2%<span class=\"_ _3ad\"> </span>1%<span class=\"_ _3ad\"> </span>0%<span class=\"_ _3ad\"> </span>1 January 2022<span class=\"_ _3\"></span> Discount Ra<span class=\"_ _3\"></span>tes<span class=\"_ _3ad\"> </span>\u25cf<span class=\"_ _3ad\"> </span>GBP Ris<span class=\"_ _3\"></span>k-free<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc12\"> </span>Annuity GBP<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc5\"> </span>Protection<span class=\"_ _3\"></span> GBP<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>USD Risk-free<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>Annuities USD<span class=\"_ _3ad\"> </span>\u25cf<span class=\"fs2 fc4\"> </span>Protection<span class=\"_ _3\"></span> <span class=\"ls4 ws3\">USD<span class=\"_ _3ad\"> </span></span>RateYears ahead<span class=\"_ _3ad\"> </span>0<span class=\"_ _12e\"> </span><span class=\"ls32 ws3d\">10<span class=\"_ _14e\"> </span>20<span class=\"_ _1ca\"> </span>30<span class=\"_ _1ca\"> </span>40<span class=\"_ _1ca\"> </span>50<span class=\"_ _1ca\"> </span>60<span class=\"_ _3ad\"> </span></span>(iii) Persistenc<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span><table class=\"s w1b7 h13e\" id=\"_aa7ab052-455c-443b-9495-3f9bb2a3606e\"><tr><td class=\"c n x1e5 y31e9 w1b8 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls114 wsa1\">Lapse Rates<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43e y31e9 w1b2 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w1b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">UK Le<span class=\"_ _0\"></span>vel te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x43f y31ea w1ba h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.0% \u2013 2<span class=\"_ _0\"></span>8.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w1bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x440 y31eb w1bc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.4% \u2013 15.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">UK A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x441 y31ec w1be h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.<span class=\"_ _0\"></span>2% \u2013 31.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w1bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life (con<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al no<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x442 y31ed w1c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws126\">0.7<span class=\"_ _0\"></span>% \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _0\"></span>.7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w1c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 10 <span class=\"_ _c\"></span>y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x443 y31ee w1c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 wsd7\">7.1%<span class=\"_ _6\"></span> \u2013<span class=\"_ _0\"></span> 8<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w1c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 1<span class=\"_ _c\"></span>5 ye<span class=\"_ _0\"></span>ar gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x444 y31ef w1c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">4.<span class=\"_ _0\"></span>2% \u2013 5.<span class=\"_ _0\"></span>8%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w1c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 20 year g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x445 y31cb w1c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">3.0% \u2013 6<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 30 yea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x446 y31cc w1c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.<span class=\"_ _c\"></span>1% \u2013 6.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">US U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l Lif<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y312a w1ca h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">2.7<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr></table>(iv) Ris<span class=\"_ _0\"></span>k Adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tes it<span class=\"_ _0\"></span>s risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt usi<span class=\"_ _0\"></span>ng a Provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for Adve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e Devi<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (PAD<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d over and ab<span class=\"_ _0\"></span>ove the bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (whic<span class=\"_ _0\"></span>h var<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> by risk<span class=\"_ _0\"></span>) are cali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>ch tha<span class=\"_ _0\"></span>t the total Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d alig<span class=\"_ _0\"></span>ns to the Gro<span class=\"_ _0\"></span>up\u2019s view of com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>ks and th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t level is re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d for tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. Fo<span class=\"_ _0\"></span>r the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of risks<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to an 85th pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span> Value<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>isk (<span class=\"_ _0\"></span>VaR) me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>his VaR meas<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s view on how non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s beh<span class=\"_ _0\"></span>ave (<span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k dis<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ris<span class=\"_ _0\"></span>ks acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up (risk co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the cos<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in plac<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on). This is con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th how ris<span class=\"_ _0\"></span>ks are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for and mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d acr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up. We have esti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l for the ent<span class=\"_ _0\"></span>ire Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p on a <span class=\"_ _3\"></span>mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r basis<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng a wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the key <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. Ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 is align<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>a c<span class=\"_ _c\"></span>75t<span class=\"_ _0\"></span>h per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nof<span class=\"_ _0\"></span>f of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 at 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 can be at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted to the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span><table class=\"s w1cb h13f\" id=\"_b2eb91a3-2740-4cb5-bb50-2387969f7a81\"><tr><td></td><td class=\"t m1 x448 h1b y31f0 ff10c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>et<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x449 h1b y31f1 ff10c fs2 fc0 sc0 ls115 ws8d\">insurance con<span class=\"_ _3\"></span>tract liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x44a h1b y31f2 ff10c fs2 fc0 sc0 ls4 ws3\">on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e3 h1b y31f3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y31f4 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s: th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 cas<span class=\"_ _0\"></span>h flows ar<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te and exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e all pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ins in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 4 </td><td></td></tr><tr><td class=\"t m1 x1ec ha y31f5 ff10e fs6 fc0 sc0 lsd ws3\">lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>al of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> </td><td></td></tr><tr><td class=\"c n x1e5 y31f6 w1cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n a low<span class=\"_ _0\"></span>er b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44b y31f6 w1cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls14 ws2d\">7<span class=\"_ _c\"></span>,484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w1ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t: I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44c y31f7 w1cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w1d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M: de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d above an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e une<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44d y31f8 w1d1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44e y312a w1d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly. In lin<span class=\"_ _0\"></span>e with IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd do<span class=\"_ _0\"></span>es not ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d a \u2018class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay<span class=\"_ _0\"></span>\u2019 as all<span class=\"_ _0\"></span>owed by the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 at the sa<span class=\"_ _0\"></span>me tim<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion as if the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>d bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to such as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, irre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date<span class=\"_ _0\"></span>. For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls have bee<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed as at the date of ini<span class=\"_ _0\"></span>tial ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and<span class=\"_ _0\"></span> have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in all per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d. If an asse<span class=\"_ _0\"></span>t was in sco<span class=\"_ _0\"></span>pe of the clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n overl<span class=\"_ _0\"></span>ay desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of eac<span class=\"_ _0\"></span>h fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et in the co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds wi<span class=\"_ _0\"></span>th wha<span class=\"_ _0\"></span>t it exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d it woul<span class=\"_ _0\"></span>d have bee<span class=\"_ _0\"></span>n on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h asses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on date<span class=\"_ _0\"></span>. Any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the I<span class=\"_ _0\"></span>AS 39 car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 or <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over<span class=\"_ _0\"></span>lay was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r as <span class=\"_ _3\"></span>at 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 the<span class=\"_ _0\"></span>re had be<span class=\"_ _0\"></span>en a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k as comp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to the date tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was ini<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed a 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h or lifet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e ECL acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. The Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on its boo<span class=\"_ _0\"></span>ks du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>o the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore an ass<span class=\"_ _0\"></span>et was de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, any exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds wer<span class=\"_ _0\"></span>e rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al. O<span class=\"_ _0\"></span>n tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mad<span class=\"_ _0\"></span>e use of a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y it can be<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed tha<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k on a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has not in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to have l<span class=\"_ _0\"></span>ow c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te (e.g. inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 39 was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in open<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. Ho<span class=\"_ _0\"></span>wever, if this re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t at FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l and opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ite move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t was refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the OCI res<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve.<span class=\"_ _3ad\"> </span>Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. All he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IAS 39 at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 me<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3 and we<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed as co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hed<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> relationships.<span class=\"_ _3ad\"> </span>Classification and <span class=\"_ _3\"></span>measure<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ies un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 and the new me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>for ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span> of the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s as at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g the rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>s for any rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s out of the F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>y. No chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 9.<span class=\"_ _3ad\"> </span><table class=\"s w1d4 h140\" id=\"_c8af44a5-e5fe-4cb4-a282-b884bd3b7133\"><tr><td></td><td></td><td></td><td class=\"t m1 x44f h1b y31f9 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x450 h1b y31fa ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y31fb ff10c fs2 fc0 sc0 ls35 ws42\">(before </td><td></td><td></td><td></td><td class=\"t m1 x451 h1b y31fb ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x452 h1b y31fc ff10c fs2 fc0 sc0 ls132 ws12c\">IAS 39<span class=\"_ _3\"></span> measuremen<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x453 y31fe w1d5 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">remeasurement)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x454 y31fe w1d6 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasureme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x455 h1b y31ff ff10c fs2 fc0 sc0 ls132 ws12c\" colspan=\"2\">IFRS 9 measurement<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x456 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x457 h1b y3200 ff10c fs2 fc0 sc0 ls34 ws41\">ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3200 ff10c fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x452 h1b y3201 ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></td><td class=\"c n x45a y3202 w1d7 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45b y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x2a8 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x45c y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45d y3202 w1d9 h141\"><div class=\"t m1 x1e4 h1b y31fd ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x228 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3203 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3204 w1da h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 ls4 ws3\">Equity securities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45e y3204 w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3205 w1dc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x460 y3205 w1dd h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x224 he y3206 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3207 w1de h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x461 y3207 w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3207 w1df h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x462 y3207 w1e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x463 y3207 w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x464 he y3208 ff10c fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x465 y3209 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x466 y3209 w1e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y320a w1e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 T<span class=\"_ _c\"></span>o de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x467 y320a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320b w1e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x468 y320b w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320b w1e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46a y320b w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x46b he y320c ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y320d w1e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46c y320d w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320e w1e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46d y320e w1ea h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FVT<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x459 he y320f ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3210 w1eb h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x46e y3210 w1ec h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">444,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46f y3210 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x470 y3210 w1ec h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">438,233<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3211 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments \u2013 ava<span class=\"_ _3\"></span>ilable for sale<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3212 w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x471 y3212 w1ee h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">AFS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y3212 w93 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">789<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x473 y3212 w1ef h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y3213 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x474 y3213 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>89)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3214 w1f1 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x475 y3214 w1f2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x476 y3214 w1f3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3215 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FVOCI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3216 w1f4 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">Debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x477 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x478 y3216 w1f6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x479 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y3217 w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47a y3217 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3218 w1f9 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47b y3218 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x47c y3218 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3219 w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x47d y3219 w1fb h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3\"></span>5,44<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47e y3219 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47f y3219 w1fc h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y321a ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at amortised cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y321b w1e6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x480 y321b w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y321c w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x482 y321c w111 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lse2 wsec\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y321c w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x484 y321c w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x485 y321d w106 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x486 y321d w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y321d w200 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x488 y321d w201 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x489 y321d w202 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y321e w203 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48a y321e w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">789<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y321f w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48b y321f w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w206 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x48c y3220 w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48d y3220 we2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,73<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48e y3220 w207 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48f y3220 w208 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>118<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x490 y3220 wb7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3221 ff110 fs6 fc0 sc0 lsd ws15\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3222 w209 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Reinsurance receivabl<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x491 y3222 w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y31ed w20b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">291<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x492 y31ed w20c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3223 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w20d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">Insurance and intermediaries<span class=\"_ _3\"></span> receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x494 y31ee w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y31ee w20e h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x495 y31ee w20f h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3224 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w210 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Other receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x496 y31ef w211 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L<span class=\"_ _0\"></span>&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x497 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x498 y31ef w17a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y31ef w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x499 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w212 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49a y3225 w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y31cb w213 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35,7<span class=\"_ _0\"></span>84<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x49b y31cb w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49c y31cb w18b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,784<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w214 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49d y31cc w215 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls11 ws3a\">45,7<span class=\"_ _3\"></span>83<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x49e y31cc w216 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49f y31cc w217 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">45,4<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w218 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a0 y312a w219 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a1 y312a w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4a2 y312a w21a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a3 y312a w21b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e wer<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in a se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d or d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts n<span class=\"_ _0\"></span>ot q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>se ex<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e for s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e or f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span><span class=\"ff10f\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17 as th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ow i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>n an I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ost<span class=\"_ _3ad\"> </span>As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IFR<span class=\"_ _0\"></span>S 9, the Grou<span class=\"_ _0\"></span>p has reas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d the cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in ord<span class=\"_ _0\"></span>er to bet<span class=\"_ _6\"></span>ter mat<span class=\"_ _0\"></span>ch in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate an<span class=\"_ _0\"></span>d infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prev<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly he<span class=\"_ _0\"></span>ld at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This is be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t unde<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 for ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of long da<span class=\"_ _0\"></span>ted de<span class=\"_ _0\"></span>bt in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a35,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>m (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3) <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s but in sur<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>lus to the IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, and pas<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, was sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ra<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, not<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns in the US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s, we<span class=\"_ _0\"></span>re pre<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>. Foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 th<span class=\"_ _0\"></span>is is no long<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted in OC<span class=\"_ _0\"></span>I. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts pas<span class=\"_ _0\"></span>s the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> of \u00a332<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year. <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the year was \u00a32<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span> as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 was 3.59<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 is \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39, bond<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng US T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y bon<span class=\"_ _0\"></span>ds) back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies we<span class=\"_ _0\"></span>re hel<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L in orde<span class=\"_ _0\"></span>r to elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mis<span class=\"_ _0\"></span>matc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFRS 17 <span class=\"_ _c\"></span>t<span class=\"_ _0\"></span>his is no lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are he<span class=\"_ _0\"></span>ld to back<span class=\"_ _6\"></span>, are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in OCI<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s pass the S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I test and ar<span class=\"_ _0\"></span>e hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t and se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l, an<span class=\"_ _0\"></span>d are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e gain<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in the yea<span class=\"_ _0\"></span>r was \u00a38m<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te as <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span> 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 was 2.7<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a335<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>s the clo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 with the op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g los<span class=\"_ _0\"></span>s allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to the impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span><table class=\"s w21c h142\" id=\"_6ea48048-e8b5-43cd-9929-bbdcb2f850d9\"><tr><td></td><td class=\"t m1 x4a4 h1b y3226 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 </td><td></td><td class=\"t m1 x4a5 h1b y3227 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 </td></tr><tr><td></td><td class=\"t m1 x4a6 h1b y3228 ff10c fs2 fc0 sc0 ls4 ws3\">IA<span class=\"_ _0\"></span>S 39 </td><td class=\"t m1 x4a7 h1b y3228 ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasurement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h1b y3229 ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a8 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y322b ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y322c ff10f fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322d w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ac y322d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ad y322d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y322e ff10e fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322f w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ae y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4af y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31f7 w21f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es A<span class=\"_ _0\"></span>FS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b0 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b1 y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b2 y31f7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w220 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Othe<span class=\"_ _0\"></span>r receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b3 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b5 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b6 y312a w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b7 y312a w221 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b8 y312a w56 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 has resu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x as at <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. A defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m was rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of this<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 of <span class=\"_ _3\"></span>\u00a35<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>m.<span class=\"_ _0\"></span> Of the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>, \u00a31,3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2m rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK and \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rela<span class=\"_ _0\"></span>tes to the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion of this ne<span class=\"_ _0\"></span>w acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e tax the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pays in the UK<span class=\"_ _6\"></span>, as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me is base<span class=\"_ _0\"></span>d on the IF<span class=\"_ _0\"></span>RS res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. HM<span class=\"_ _0\"></span>RC co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted wid<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y on how the intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be treate<span class=\"_ _0\"></span>d for tax pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The UK ta<span class=\"_ _0\"></span>x regi<span class=\"_ _0\"></span>me req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 for U<span class=\"_ _0\"></span>K com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over 1<span class=\"_ _3\"></span>0 years an<span class=\"_ _0\"></span>d will re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce th<span class=\"_ _0\"></span>e cash ta<span class=\"_ _0\"></span>x pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over this per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d. Thi<span class=\"_ _0\"></span>s tax los<span class=\"_ _0\"></span>s has <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax asse<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, value<span class=\"_ _0\"></span>d at \u00a31<span class=\"_ _3\"></span>.2<span class=\"_ _0\"></span>bn at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s US bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es\u2019 ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is base<span class=\"_ _0\"></span>d on the<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y fili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s rath<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than on the IF<span class=\"_ _0\"></span>RS re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 doe<span class=\"_ _0\"></span>s not imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir loc<span class=\"_ _0\"></span>al ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> on whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on, an<span class=\"_ _0\"></span>d the IFR<span class=\"_ _0\"></span>S res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 12 \u2013 Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>xes: \u2018<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x Re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m \u2014 Pi<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>w<span class=\"_ _0\"></span>o Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n May 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, wer<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e to the O<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fo<span class=\"_ _0\"></span>r Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (OEC<span class=\"_ _0\"></span>D) In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ve Fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk on Bas<span class=\"_ _0\"></span>e Eros<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d Pro<span class=\"_ _0\"></span>fit S<span class=\"_ _0\"></span>hif<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g (BE<span class=\"_ _0\"></span>PS) Pil<span class=\"_ _0\"></span>lar T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">A mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Pilla<span class=\"_ _0\"></span>r </span>T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies to hel<span class=\"_ _0\"></span>p user<span class=\"_ _0\"></span>s of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to Pilla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>wo inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </span>ta<span class=\"_ _0\"></span>xes ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y befo<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-776": {
   "value": "T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly. In lin<span class=\"_ _0\"></span>e with IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd do<span class=\"_ _0\"></span>es not ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d a \u2018class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay<span class=\"_ _0\"></span>\u2019 as all<span class=\"_ _0\"></span>owed by the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 at the sa<span class=\"_ _0\"></span>me tim<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion as if the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>d bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to such as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, irre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date<span class=\"_ _0\"></span>. For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls have bee<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed as at the date of ini<span class=\"_ _0\"></span>tial ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and<span class=\"_ _0\"></span> have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in all per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d. If an asse<span class=\"_ _0\"></span>t was in sco<span class=\"_ _0\"></span>pe of the clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n overl<span class=\"_ _0\"></span>ay desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of eac<span class=\"_ _0\"></span>h fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et in the co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds wi<span class=\"_ _0\"></span>th wha<span class=\"_ _0\"></span>t it exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d it woul<span class=\"_ _0\"></span>d have bee<span class=\"_ _0\"></span>n on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h asses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on date<span class=\"_ _0\"></span>. Any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the I<span class=\"_ _0\"></span>AS 39 car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 or <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over<span class=\"_ _0\"></span>lay was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r as <span class=\"_ _3\"></span>at 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 the<span class=\"_ _0\"></span>re had be<span class=\"_ _0\"></span>en a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k as comp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to the date tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was ini<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed a 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h or lifet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e ECL acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. The Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on its boo<span class=\"_ _0\"></span>ks du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>o the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore an ass<span class=\"_ _0\"></span>et was de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, any exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds wer<span class=\"_ _0\"></span>e rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al. O<span class=\"_ _0\"></span>n tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mad<span class=\"_ _0\"></span>e use of a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y it can be<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed tha<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k on a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has not in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to have l<span class=\"_ _0\"></span>ow c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te (e.g. inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 39 was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in open<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. Ho<span class=\"_ _0\"></span>wever, if this re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t at FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l and opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ite move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t was refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the OCI res<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve.<span class=\"_ _3ad\"> </span>Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. All he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IAS 39 at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 me<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3 and we<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed as co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hed<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> relationships.<span class=\"_ _3ad\"> </span>Classification and <span class=\"_ _3\"></span>measure<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ies un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 and the new me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>for ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span> of the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s as at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g the rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>s for any rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s out of the F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>y. No chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 9.<span class=\"_ _3ad\"> </span><table class=\"s w1d4 h140\" id=\"_c8af44a5-e5fe-4cb4-a282-b884bd3b7133\"><tr><td></td><td></td><td></td><td class=\"t m1 x44f h1b y31f9 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x450 h1b y31fa ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y31fb ff10c fs2 fc0 sc0 ls35 ws42\">(before </td><td></td><td></td><td></td><td class=\"t m1 x451 h1b y31fb ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x452 h1b y31fc ff10c fs2 fc0 sc0 ls132 ws12c\">IAS 39<span class=\"_ _3\"></span> measuremen<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x453 y31fe w1d5 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">remeasurement)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x454 y31fe w1d6 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasureme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x455 h1b y31ff ff10c fs2 fc0 sc0 ls132 ws12c\" colspan=\"2\">IFRS 9 measurement<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x456 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x457 h1b y3200 ff10c fs2 fc0 sc0 ls34 ws41\">ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3200 ff10c fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x452 h1b y3201 ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></td><td class=\"c n x45a y3202 w1d7 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45b y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x2a8 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x45c y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45d y3202 w1d9 h141\"><div class=\"t m1 x1e4 h1b y31fd ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x228 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3203 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3204 w1da h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 ls4 ws3\">Equity securities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45e y3204 w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3205 w1dc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x460 y3205 w1dd h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x224 he y3206 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3207 w1de h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x461 y3207 w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3207 w1df h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x462 y3207 w1e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x463 y3207 w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x464 he y3208 ff10c fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x465 y3209 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x466 y3209 w1e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y320a w1e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 T<span class=\"_ _c\"></span>o de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x467 y320a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320b w1e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x468 y320b w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320b w1e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46a y320b w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x46b he y320c ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y320d w1e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46c y320d w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320e w1e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46d y320e w1ea h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FVT<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x459 he y320f ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3210 w1eb h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x46e y3210 w1ec h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">444,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46f y3210 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x470 y3210 w1ec h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">438,233<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3211 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments \u2013 ava<span class=\"_ _3\"></span>ilable for sale<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3212 w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x471 y3212 w1ee h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">AFS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y3212 w93 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">789<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x473 y3212 w1ef h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y3213 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x474 y3213 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>89)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3214 w1f1 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x475 y3214 w1f2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x476 y3214 w1f3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3215 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FVOCI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3216 w1f4 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">Debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x477 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x478 y3216 w1f6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x479 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y3217 w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47a y3217 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3218 w1f9 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47b y3218 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x47c y3218 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3219 w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x47d y3219 w1fb h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3\"></span>5,44<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47e y3219 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47f y3219 w1fc h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y321a ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at amortised cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y321b w1e6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x480 y321b w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y321c w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x482 y321c w111 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lse2 wsec\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y321c w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x484 y321c w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x485 y321d w106 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x486 y321d w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y321d w200 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x488 y321d w201 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x489 y321d w202 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y321e w203 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48a y321e w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">789<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y321f w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48b y321f w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w206 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x48c y3220 w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48d y3220 we2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,73<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48e y3220 w207 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48f y3220 w208 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>118<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x490 y3220 wb7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3221 ff110 fs6 fc0 sc0 lsd ws15\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3222 w209 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Reinsurance receivabl<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x491 y3222 w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y31ed w20b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">291<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x492 y31ed w20c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3223 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w20d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">Insurance and intermediaries<span class=\"_ _3\"></span> receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x494 y31ee w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y31ee w20e h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x495 y31ee w20f h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3224 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w210 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Other receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x496 y31ef w211 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L<span class=\"_ _0\"></span>&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x497 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x498 y31ef w17a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y31ef w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x499 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w212 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49a y3225 w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y31cb w213 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35,7<span class=\"_ _0\"></span>84<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x49b y31cb w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49c y31cb w18b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,784<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w214 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49d y31cc w215 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls11 ws3a\">45,7<span class=\"_ _3\"></span>83<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x49e y31cc w216 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49f y31cc w217 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">45,4<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w218 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a0 y312a w219 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a1 y312a w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4a2 y312a w21a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a3 y312a w21b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e wer<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in a se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d or d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts n<span class=\"_ _0\"></span>ot q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>se ex<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e for s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e or f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span><span class=\"ff10f\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17 as th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ow i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>n an I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ost<span class=\"_ _3ad\"> </span>As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IFR<span class=\"_ _0\"></span>S 9, the Grou<span class=\"_ _0\"></span>p has reas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d the cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in ord<span class=\"_ _0\"></span>er to bet<span class=\"_ _6\"></span>ter mat<span class=\"_ _0\"></span>ch in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate an<span class=\"_ _0\"></span>d infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prev<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly he<span class=\"_ _0\"></span>ld at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This is be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t unde<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 for ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of long da<span class=\"_ _0\"></span>ted de<span class=\"_ _0\"></span>bt in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a35,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>m (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3) <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s but in sur<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>lus to the IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, and pas<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, was sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ra<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, not<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns in the US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s, we<span class=\"_ _0\"></span>re pre<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>. Foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 th<span class=\"_ _0\"></span>is is no long<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted in OC<span class=\"_ _0\"></span>I. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts pas<span class=\"_ _0\"></span>s the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> of \u00a332<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year. <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the year was \u00a32<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span> as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 was 3.59<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 is \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39, bond<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng US T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y bon<span class=\"_ _0\"></span>ds) back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies we<span class=\"_ _0\"></span>re hel<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L in orde<span class=\"_ _0\"></span>r to elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mis<span class=\"_ _0\"></span>matc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFRS 17 <span class=\"_ _c\"></span>t<span class=\"_ _0\"></span>his is no lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are he<span class=\"_ _0\"></span>ld to back<span class=\"_ _6\"></span>, are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in OCI<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s pass the S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I test and ar<span class=\"_ _0\"></span>e hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t and se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l, an<span class=\"_ _0\"></span>d are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e gain<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in the yea<span class=\"_ _0\"></span>r was \u00a38m<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te as <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span> 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 was 2.7<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a335<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>s the clo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 with the op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g los<span class=\"_ _0\"></span>s allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to the impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span><table class=\"s w21c h142\" id=\"_6ea48048-e8b5-43cd-9929-bbdcb2f850d9\"><tr><td></td><td class=\"t m1 x4a4 h1b y3226 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 </td><td></td><td class=\"t m1 x4a5 h1b y3227 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 </td></tr><tr><td></td><td class=\"t m1 x4a6 h1b y3228 ff10c fs2 fc0 sc0 ls4 ws3\">IA<span class=\"_ _0\"></span>S 39 </td><td class=\"t m1 x4a7 h1b y3228 ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasurement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h1b y3229 ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a8 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y322b ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y322c ff10f fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322d w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ac y322d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ad y322d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y322e ff10e fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322f w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ae y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4af y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31f7 w21f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es A<span class=\"_ _0\"></span>FS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b0 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b1 y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b2 y31f7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w220 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Othe<span class=\"_ _0\"></span>r receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b3 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b5 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b6 y312a w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b7 y312a w221 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b8 y312a w56 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 has resu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x as at <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. A defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m was rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of this<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 of <span class=\"_ _3\"></span>\u00a35<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>m.<span class=\"_ _0\"></span> Of the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>, \u00a31,3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2m rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK and \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rela<span class=\"_ _0\"></span>tes to the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion of this ne<span class=\"_ _0\"></span>w acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e tax the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pays in the UK<span class=\"_ _6\"></span>, as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me is base<span class=\"_ _0\"></span>d on the IF<span class=\"_ _0\"></span>RS res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. HM<span class=\"_ _0\"></span>RC co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted wid<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y on how the intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be treate<span class=\"_ _0\"></span>d for tax pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The UK ta<span class=\"_ _0\"></span>x regi<span class=\"_ _0\"></span>me req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 for U<span class=\"_ _0\"></span>K com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over 1<span class=\"_ _3\"></span>0 years an<span class=\"_ _0\"></span>d will re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce th<span class=\"_ _0\"></span>e cash ta<span class=\"_ _0\"></span>x pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over this per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d. Thi<span class=\"_ _0\"></span>s tax los<span class=\"_ _0\"></span>s has <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax asse<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, value<span class=\"_ _0\"></span>d at \u00a31<span class=\"_ _3\"></span>.2<span class=\"_ _0\"></span>bn at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s US bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es\u2019 ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is base<span class=\"_ _0\"></span>d on the<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y fili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s rath<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than on the IF<span class=\"_ _0\"></span>RS re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 doe<span class=\"_ _0\"></span>s not imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir loc<span class=\"_ _0\"></span>al ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> on whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on, an<span class=\"_ _0\"></span>d the IFR<span class=\"_ _0\"></span>S res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 12 \u2013 Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>xes: \u2018<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x Re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m \u2014 Pi<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>w<span class=\"_ _0\"></span>o Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n May 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, wer<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e to the O<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fo<span class=\"_ _0\"></span>r Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (OEC<span class=\"_ _0\"></span>D) In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ve Fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk on Bas<span class=\"_ _0\"></span>e Eros<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d Pro<span class=\"_ _0\"></span>fit S<span class=\"_ _0\"></span>hif<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g (BE<span class=\"_ _0\"></span>PS) Pil<span class=\"_ _0\"></span>lar T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">A mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Pilla<span class=\"_ _0\"></span>r </span>T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies to hel<span class=\"_ _0\"></span>p user<span class=\"_ _0\"></span>s of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to Pilla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>wo inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </span>ta<span class=\"_ _0\"></span>xes ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y befo<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialLiabilitiesAtDateOfInitialApplicationOfIFRS9Explanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-770": {
   "value": "T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 9<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>osp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly. In lin<span class=\"_ _0\"></span>e with IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd do<span class=\"_ _0\"></span>es not ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d a \u2018class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay<span class=\"_ _0\"></span>\u2019 as all<span class=\"_ _0\"></span>owed by the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 at the sa<span class=\"_ _0\"></span>me tim<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tive info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion as if the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>d bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to such as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, irre<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date<span class=\"_ _0\"></span>. For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of class<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls have bee<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed as at the date of ini<span class=\"_ _0\"></span>tial ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and<span class=\"_ _0\"></span> have be<span class=\"_ _0\"></span>en ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in all per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d. If an asse<span class=\"_ _0\"></span>t was in sco<span class=\"_ _0\"></span>pe of the clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n overl<span class=\"_ _0\"></span>ay desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of eac<span class=\"_ _0\"></span>h fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et in the co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds wi<span class=\"_ _0\"></span>th wha<span class=\"_ _0\"></span>t it exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d it woul<span class=\"_ _0\"></span>d have bee<span class=\"_ _0\"></span>n on 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h asses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, the tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on date<span class=\"_ _0\"></span>. Any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the I<span class=\"_ _0\"></span>AS 39 car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on da<span class=\"_ _0\"></span>te that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 9 or <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over<span class=\"_ _0\"></span>lay was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r as <span class=\"_ _3\"></span>at 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 the<span class=\"_ _0\"></span>re had be<span class=\"_ _0\"></span>en a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k as comp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to the date tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t was ini<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed a 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h or lifet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e ECL acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. The Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on its boo<span class=\"_ _0\"></span>ks du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>o the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on over<span class=\"_ _0\"></span>lay ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore an ass<span class=\"_ _0\"></span>et was de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d by 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, any exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds wer<span class=\"_ _0\"></span>e rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al. O<span class=\"_ _0\"></span>n tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mad<span class=\"_ _0\"></span>e use of a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y it can be<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed tha<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k on a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has not in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to have l<span class=\"_ _0\"></span>ow c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te (e.g. inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>On tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 39 was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in open<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. Ho<span class=\"_ _0\"></span>wever, if this re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t at FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l and opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ite move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t was refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the OCI res<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve.<span class=\"_ _3ad\"> </span>Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>. All he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IAS 39 at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 me<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3 and we<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed as co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hed<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> relationships.<span class=\"_ _3ad\"> </span>Classification and <span class=\"_ _3\"></span>measure<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ies un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 and the new me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 9 <span class=\"_ _3\"></span>for ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span> of the Gro<span class=\"_ _0\"></span>up\u2019s fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s as at 1 <span class=\"_ _c\"></span>J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g the rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>s for any rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s out of the F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L cate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>y. No chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s to cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>RS 9.<span class=\"_ _3ad\"> </span><table class=\"s w1d4 h140\" id=\"_c8af44a5-e5fe-4cb4-a282-b884bd3b7133\"><tr><td></td><td></td><td></td><td class=\"t m1 x44f h1b y31f9 ff110 fs2 fc0 sc0 ls115 ws8d\">Reclassificati<span class=\"_ _3\"></span>on </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x450 h1b y31fa ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y31fb ff10c fs2 fc0 sc0 ls35 ws42\">(before </td><td></td><td></td><td></td><td class=\"t m1 x451 h1b y31fb ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x452 h1b y31fc ff10c fs2 fc0 sc0 ls132 ws12c\">IAS 39<span class=\"_ _3\"></span> measuremen<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x453 y31fe w1d5 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">remeasurement)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x454 y31fe w1d6 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasureme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x455 h1b y31ff ff10c fs2 fc0 sc0 ls132 ws12c\" colspan=\"2\">IFRS 9 measurement<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x456 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x457 h1b y3200 ff10c fs2 fc0 sc0 ls34 ws41\">ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3200 ff10c fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3200 ff10c fs2 fc0 sc0 ls35 ws42\">Amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x452 h1b y3201 ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></td><td class=\"c n x45a y3202 w1d7 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45b y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x2a8 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x45c y3202 w1d8 h141\"><div class=\"t m1 x1e4 h1b y31fd ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45d y3202 w1d9 h141\"><div class=\"t m1 x1e4 h1b y31fd ff110 fs2 fc0 sc0 ls34 ws41\">Category<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x228 h1b y3201 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3203 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3204 w1da h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 ls4 ws3\">Equity securities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45e y3204 w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3205 w1dc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x460 y3205 w1dd h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x224 he y3206 ff10c fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3207 w1de h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x461 y3207 w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x45f y3207 w1df h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x462 y3207 w1e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x463 y3207 w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x464 he y3208 ff10c fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x465 y3209 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x466 y3209 w1e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y320a w1e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 T<span class=\"_ _c\"></span>o de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x467 y320a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320b w1e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x468 y320b w1db h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320b w1e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46a y320b w1e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x46b he y320c ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y320d w1e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46c y320d w19e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y320e w1e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x46d y320e w1ea h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsbe wsce\">FVT<span class=\"_ _0\"></span>PL</div></td><td class=\"t m1 x459 he y320f ff10c fs6 fc0 sc0 ls19 ws1a\">45,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3210 w1eb h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x46e y3210 w1ec h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">444,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x46f y3210 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x470 y3210 w1ec h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws27\">438,233<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3211 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments \u2013 ava<span class=\"_ _3\"></span>ilable for sale<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3212 w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x471 y3212 w1ee h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">AFS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y3212 w93 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">789<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x473 y3212 w1ef h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y3213 w1e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 T<span class=\"_ _c\"></span>o d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x474 y3213 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>89)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3214 w1f1 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x475 y3214 w1f2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x476 y3214 w1f3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3215 ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at FVOCI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3216 w1f4 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">Debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x477 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x478 y3216 w1f6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x479 y3216 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y3217 w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47a y3217 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3218 w1f9 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47b y3218 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x47c y3218 w1f5 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3219 w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x47d y3219 w1fb h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3\"></span>5,44<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47e y3219 w1ed h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls90 ws93\">(6,7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x47f y3219 w1fc h131\" colspan=\"2\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y321a ff10c fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at amortised cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y321b w1e6 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">Loans<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x480 y321b w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y321c w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x482 y321c w111 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lse2 wsec\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y321c w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x484 y321c w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w1de h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x485 y321d w106 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x486 y321d w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y321d w200 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x488 y321d w201 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x489 y321d w202 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x465 y321e w203 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s AF<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48a y321e w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">789<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x465 y321f w1f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 From de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x48b y321f w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w206 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x48c y3220 w1fe h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48d y3220 we2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">6,73<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48e y3220 w207 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x48f y3220 w208 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>118<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x490 y3220 wb7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3221 ff110 fs6 fc0 sc0 lsd ws15\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3222 w209 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Reinsurance receivabl<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x491 y3222 w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x472 y31ed w20b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8 ws7\">291<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x492 y31ed w20c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3223 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w20d h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">Insurance and intermediaries<span class=\"_ _3\"></span> receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x494 y31ee w20a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x481 y31ee w20e h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x495 y31ee w20f h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x493 he y3224 ff10c fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w210 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls22 ws26\">Other receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x496 y31ef w211 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L<span class=\"_ _0\"></span>&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x497 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x498 y31ef w17a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x483 y31ef w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x499 y31ef w4c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w212 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49a y3225 w1fd h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls14 ws2d\">L&amp;R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x469 y31cb w213 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35,7<span class=\"_ _0\"></span>84<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x49b y31cb w1ff h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2f ws39\">AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x49c y31cb w18b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,784<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w214 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49d y31cc w215 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls11 ws3a\">45,7<span class=\"_ _3\"></span>83<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x49e y31cc w216 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x49f y31cc w217 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">45,4<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w218 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a0 y312a w219 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a1 y312a w91 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4a2 y312a w21a h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4a3 y312a w21b h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">49<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 3<span class=\"_ _0\"></span>9.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e wer<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in a se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ve wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></span>4. <span class=\"_ _19\"> </span><span class=\"ff10f\">Lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>S 39, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d or d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts n<span class=\"_ _0\"></span>ot q<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>se ex<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se d<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e for s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e or f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span><span class=\"ff10f\">De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 17 as th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ow i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>n an I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ost<span class=\"_ _3ad\"> </span>As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IFR<span class=\"_ _0\"></span>S 9, the Grou<span class=\"_ _0\"></span>p has reas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d the cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in ord<span class=\"_ _0\"></span>er to bet<span class=\"_ _6\"></span>ter mat<span class=\"_ _0\"></span>ch in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate an<span class=\"_ _0\"></span>d infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prev<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly he<span class=\"_ _0\"></span>ld at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This is be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t unde<span class=\"_ _0\"></span>r IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 for ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of long da<span class=\"_ _0\"></span>ted de<span class=\"_ _0\"></span>bt in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a35,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>m (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>at 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3) <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s but in sur<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>lus to the IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, and pas<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, was sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ra<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, not<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns in the US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s, we<span class=\"_ _0\"></span>re pre<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>. Foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 th<span class=\"_ _0\"></span>is is no long<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s that the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>ck are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted in OC<span class=\"_ _0\"></span>I. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts pas<span class=\"_ _0\"></span>s the SP<span class=\"_ _0\"></span>PI tes<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efor<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> of \u00a332<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year. <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the year was \u00a32<span class=\"_ _0\"></span>09<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span> as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 was 3.59<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>. The fai<span class=\"_ _0\"></span>r value of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 is \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fr<span class=\"_ _0\"></span>om F<span class=\"_ _6\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL to F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39, bond<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng US T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y bon<span class=\"_ _0\"></span>ds) back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies we<span class=\"_ _0\"></span>re hel<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L in orde<span class=\"_ _0\"></span>r to elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te or red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e an ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mis<span class=\"_ _0\"></span>matc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IFRS 17 <span class=\"_ _c\"></span>t<span class=\"_ _0\"></span>his is no lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e on the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are he<span class=\"_ _0\"></span>ld to back<span class=\"_ _6\"></span>, are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in OCI<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s pass the S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I test and ar<span class=\"_ _0\"></span>e hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>\u2018h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t and se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>\u2019 busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l, an<span class=\"_ _0\"></span>d are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Had su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at FV<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d have reco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>e gain<span class=\"_ _0\"></span>s in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m du<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in the yea<span class=\"_ _0\"></span>r was \u00a38m<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te as <span class=\"_ _3\"></span>at<span class=\"_ _0\"></span> 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3 was 2.7<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a335<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>s the clo<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r IA<span class=\"_ _0\"></span>S 39 as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 with the op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g los<span class=\"_ _0\"></span>s allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9 as at 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to the impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of IFR<span class=\"_ _0\"></span>S 9.<span class=\"_ _3ad\"> </span><table class=\"s w21c h142\" id=\"_6ea48048-e8b5-43cd-9929-bbdcb2f850d9\"><tr><td></td><td class=\"t m1 x4a4 h1b y3226 ff110 fs2 fc0 sc0 ls4 ws3\">31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 </td><td></td><td class=\"t m1 x4a5 h1b y3227 ff110 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>23 </td></tr><tr><td></td><td class=\"t m1 x4a6 h1b y3228 ff10c fs2 fc0 sc0 ls4 ws3\">IA<span class=\"_ _0\"></span>S 39 </td><td class=\"t m1 x4a7 h1b y3228 ff10c fs2 fc0 sc0 ls132 ws12c\">Remeasurement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h1b y3229 ff10c fs2 fc0 sc0 ls4 ws3\">IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a8 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y322a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y322b ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y322c ff10f fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322d w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ac y322d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ad y322d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y322e ff10e fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y322f w21d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ab y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ae y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4af y322f w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31f7 w21f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Fro<span class=\"_ _0\"></span>m deb<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es A<span class=\"_ _0\"></span>FS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b0 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b1 y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b2 y31f7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w220 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Othe<span class=\"_ _0\"></span>r receivables<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b3 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b5 y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b6 y312a w122 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b7 y312a w221 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b8 y312a w56 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td></tr></table>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om a<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of I<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>RS 9<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 has resu<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of \u00a36,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x as at <span class=\"_ _3\"></span>1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. A defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m was rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of this<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ado<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 an<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S 9 of <span class=\"_ _3\"></span>\u00a35<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>m.<span class=\"_ _0\"></span> Of the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>6m<span class=\"_ _0\"></span>, \u00a31,3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2m rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK and \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m rela<span class=\"_ _0\"></span>tes to the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion of this ne<span class=\"_ _0\"></span>w acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e tax the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pays in the UK<span class=\"_ _6\"></span>, as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me is base<span class=\"_ _0\"></span>d on the IF<span class=\"_ _0\"></span>RS res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. HM<span class=\"_ _0\"></span>RC co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted wid<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y on how the intr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be treate<span class=\"_ _0\"></span>d for tax pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The UK ta<span class=\"_ _0\"></span>x regi<span class=\"_ _0\"></span>me req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 for U<span class=\"_ _0\"></span>K com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over 1<span class=\"_ _3\"></span>0 years an<span class=\"_ _0\"></span>d will re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce th<span class=\"_ _0\"></span>e cash ta<span class=\"_ _0\"></span>x pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over this per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d. Thi<span class=\"_ _0\"></span>s tax los<span class=\"_ _0\"></span>s has <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax asse<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up\u2019s balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, value<span class=\"_ _0\"></span>d at \u00a31<span class=\"_ _3\"></span>.2<span class=\"_ _0\"></span>bn at 1 <span class=\"_ _3\"></span>Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s US bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es\u2019 ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is base<span class=\"_ _0\"></span>d on the<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y fili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s rath<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than on the IF<span class=\"_ _0\"></span>RS re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IF<span class=\"_ _0\"></span>RS 9 doe<span class=\"_ _0\"></span>s not imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir loc<span class=\"_ _0\"></span>al ta<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> on whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on, an<span class=\"_ _0\"></span>d the IFR<span class=\"_ _0\"></span>S res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 12 \u2013 Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>xes: \u2018<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x Re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m \u2014 Pi<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>w<span class=\"_ _0\"></span>o Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n May 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, wer<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e to the O<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gan<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n fo<span class=\"_ _0\"></span>r Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (OEC<span class=\"_ _0\"></span>D) In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ve Fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk on Bas<span class=\"_ _0\"></span>e Eros<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d Pro<span class=\"_ _0\"></span>fit S<span class=\"_ _0\"></span>hif<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g (BE<span class=\"_ _0\"></span>PS) Pil<span class=\"_ _0\"></span>lar T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">A mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>xes ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Pilla<span class=\"_ _0\"></span>r </span>T<span class=\"_ _c\"></span>wo mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l rul<span class=\"_ _0\"></span>es; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies to hel<span class=\"_ _0\"></span>p user<span class=\"_ _0\"></span>s of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to Pilla<span class=\"_ _0\"></span>r T<span class=\"_ _c\"></span>wo inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </span>ta<span class=\"_ _0\"></span>xes ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y befo<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialAssetsAtDateOfInitialApplicationOfIFRS9Explanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-743": {
   "value": "No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialAssetsAffectedByAmendmentsToIFRS9MadeByIFRS17Explanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-762": {
   "value": "No<span class=\"_ _0\"></span>te 28 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>clo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other standards<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has als<span class=\"_ _0\"></span>o appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dar<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for the firs<span class=\"_ _0\"></span>t tim<span class=\"_ _0\"></span>e in the year co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h did not gi<span class=\"_ _0\"></span>ve ris<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>a mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ax re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to Asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d Liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g from a Sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1<span class=\"_ _3\"></span>2);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s (Am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to IA<span class=\"_ _0\"></span>S 8<span class=\"_ _3\"></span>); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of Acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>I<span class=\"_ _0\"></span>AS 1 and IF<span class=\"_ _0\"></span>RS Pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has n<span class=\"_ _0\"></span>ot e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>dop<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d any s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>as be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>ut i<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialLiabilitiesAffectedByAmendmentsToIFRS9MadeByIFRS17Explanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-669": {
   "value": "(iv) St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to publ<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t yet ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018C<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es as Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t or Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 202<span class=\"_ _0\"></span>0, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y the exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 2024<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IAS 1 \u2013 <span class=\"_ _3\"></span>Pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts: \u2018<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt Li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h Cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n Oc<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y th<span class=\"_ _0\"></span>at o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h an e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y on o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ate wi<span class=\"_ _0\"></span>ll af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t a liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s class<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6 \u2013 Leas<span class=\"_ _0\"></span>es: \u2018<span class=\"_ _0\"></span>Lea<span class=\"_ _0\"></span>se Lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a <span class=\"_ _3\"></span>Sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d Leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for sel<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>es to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e and leas<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he ame<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>ds be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on or afte<span class=\"_ _0\"></span>r 1 Janua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24.<span class=\"_ _3ad\"> </span>Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to I<span class=\"_ _0\"></span>AS 7 \u2013 S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of C<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h Flo<span class=\"_ _0\"></span>ws an<span class=\"_ _0\"></span>d IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 7 \u2013 Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: D<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s: \u2018<span class=\"_ _0\"></span>Su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>er F<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ame<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>d in May 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, addr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>ir ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on a comp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, cas<span class=\"_ _0\"></span>h flows and ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. The am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing on or af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-712": {
   "value": "(v) Crit<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng j<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the use of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and the dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at the date of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ums<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s and fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts and ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be mad<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the nex<span class=\"_ _6\"></span>t finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al year. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Aud<span class=\"_ _0\"></span>it Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tee rev<span class=\"_ _0\"></span>iew<span class=\"_ _0\"></span>s the reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th and th<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Aud<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>tee i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hin t<span class=\"_ _0\"></span>he Au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n pag<span class=\"_ _0\"></span>e 86<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>r area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t on poli<span class=\"_ _0\"></span>cy ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>tes 20 and 21<span class=\"_ _3\"></span>): Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for as an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk to the Grou<span class=\"_ _0\"></span>p are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts that tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> in inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate or sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pri<span class=\"_ _0\"></span>ce) to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p bu<span class=\"_ _0\"></span>t not sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k are cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to asses<span class=\"_ _0\"></span>s the sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce of the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k with<span class=\"_ _0\"></span>in a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>his ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is based on wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ke sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, i.e. if the occ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce of the even<span class=\"_ _0\"></span>t cau<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h out flows for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p tha<span class=\"_ _0\"></span>n its non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts as a supp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of the addi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts is at the disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lly de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nd or sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d poo<span class=\"_ _0\"></span>l of asset<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th suc<span class=\"_ _0\"></span>h disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, whil<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>. Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d in ord<span class=\"_ _0\"></span>er to est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e above<span class=\"_ _0\"></span> require<span class=\"_ _0\"></span>ments for being co<span class=\"_ _0\"></span>nsidere<span class=\"_ _0\"></span>d discretionar<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipation features.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 39 to <span class=\"_ _3\"></span>41<span class=\"_ _c\"></span>): As<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n mak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s to a var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rns f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d has t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>For op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es this ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es a share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of 50% or mor<span class=\"_ _0\"></span>e in the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s that ar<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>re the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p own<span class=\"_ _0\"></span>s less tha<span class=\"_ _0\"></span>n 50<span class=\"_ _0\"></span>% of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ordi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal (str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies), are co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on an asse<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lly ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng to th<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ass o<span class=\"_ _0\"></span>f sha<span class=\"_ _0\"></span>re ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h as th<span class=\"_ _0\"></span>e pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e of the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re of<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>s rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts) and s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s fun<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>it t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it al<span class=\"_ _0\"></span>so ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er to t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on th<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up (dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es) and o<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal o<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>mova<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts of o<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s (the<span class=\"_ _0\"></span>ir pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cal ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to allow the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p not to con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l the fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>). Addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in suc<span class=\"_ _0\"></span>h inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s can flu<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>te on a <span class=\"_ _3\"></span>dai<span class=\"_ _0\"></span>ly bas<span class=\"_ _0\"></span>is acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> to the p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>rs i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. As a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>, we l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k at an a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s over a<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od to miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of daily flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e wide<span class=\"_ _0\"></span>r fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d circ<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es of the Gro<span class=\"_ _0\"></span>up\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. This is<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>formed in line<span class=\"_ _3\"></span> with the f<span class=\"_ _3\"></span>ollowing principles:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ds 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to have </span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol ove<span class=\"_ _0\"></span>r the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 30% an<span class=\"_ _0\"></span>d 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d </span>ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to a<span class=\"_ _0\"></span>ny fee<span class=\"_ _0\"></span>s ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>in for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng a judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as to whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is les<span class=\"_ _0\"></span>s than 30<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to </span>not h<span class=\"_ _0\"></span>ave co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, bu<span class=\"_ _0\"></span>t ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g set<span class=\"_ _0\"></span>s out info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n abou<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons ma<span class=\"_ _0\"></span>de by the Gro<span class=\"_ _0\"></span>up ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, and oth<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>jor so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>at have a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ri<span class=\"_ _0\"></span>sk of resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt to the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in the ne<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial yea<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>8-20)<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e key judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ar<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nd the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ate to the foll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es; th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </span>for the ra<span class=\"_ _0\"></span>te of futu<span class=\"_ _0\"></span>re lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t how exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may<span class=\"_ _0\"></span> var<span class=\"_ _6\"></span>y in th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y da<span class=\"_ _0\"></span>ta. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew on the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Covi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-1<span class=\"_ _c\"></span>9 pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c on clai<span class=\"_ _0\"></span>ms exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in the me<span class=\"_ _0\"></span>diu<span class=\"_ _0\"></span>m to long-<span class=\"_ _0\"></span>term, inf<span class=\"_ _3\"></span>ormed by emerging<span class=\"_ _3\"></span> experience and indu<span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>y studies.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns us<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cos<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at rel<span class=\"_ _0\"></span>ate dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly to the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s best es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te al<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. \u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, for e<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e, o<span class=\"_ _0\"></span>n cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> </span>def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te is al<span class=\"_ _0\"></span>so se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o of ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>en to b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d timin<span class=\"_ _0\"></span>g of the cash flow<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>ing fr<span class=\"_ _0\"></span>om no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </span>ris<span class=\"_ _0\"></span>ks as insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, in the ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>d to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate the C<span class=\"_ _0\"></span>SM am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en the pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t phase an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> </span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phase for defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>.<span class=\"_ gs255\"> </span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s so <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>at they fai<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. In par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n date CS<span class=\"_ _0\"></span>M for<span class=\"_ _0\"></span> </span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y pe<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s into the cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ing val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M un<span class=\"_ _0\"></span>til tho<span class=\"_ _0\"></span>se por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>ed in de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il in the Basi<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>9 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is on pos<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t and Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unq<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (N<span class=\"_ _0\"></span>ote 1<span class=\"_ _c\"></span>1)<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d and ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y involve<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in mod<span class=\"_ _0\"></span>el valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>f bo<span class=\"_ _0\"></span>th ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of a r<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>lau<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and gui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has bo<span class=\"_ _0\"></span>th pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d the sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ear<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>whi<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>rev<span class=\"_ _0\"></span>iew th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r ter<span class=\"_ _0\"></span>m retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t case<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>1 in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>es a s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is on t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d il<span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:ExplanationOfAssumptionAboutFutureWithSignificantRiskOfResultingInMaterialAdjustments",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-670": {
   "value": "(v) Crit<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng j<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the use of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and the dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s at the date of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ums<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s and fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts and ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be mad<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the nex<span class=\"_ _6\"></span>t finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al year. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Aud<span class=\"_ _0\"></span>it Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tee rev<span class=\"_ _0\"></span>iew<span class=\"_ _0\"></span>s the reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th and th<span class=\"_ _0\"></span>e appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Aud<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>tee i<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hin t<span class=\"_ _0\"></span>he Au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n pag<span class=\"_ _0\"></span>e 86<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>r area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t on poli<span class=\"_ _0\"></span>cy ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>tes 20 and 21<span class=\"_ _3\"></span>): Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for as an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk to the Grou<span class=\"_ _0\"></span>p are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts that tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> in inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate or sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pri<span class=\"_ _0\"></span>ce) to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p bu<span class=\"_ _0\"></span>t not sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k are cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to asses<span class=\"_ _0\"></span>s the sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce of the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k with<span class=\"_ _0\"></span>in a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>his ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is based on wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ke sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, i.e. if the occ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce of the even<span class=\"_ _0\"></span>t cau<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h out flows for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p tha<span class=\"_ _0\"></span>n its non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts as a supp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of the addi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts is at the disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lly de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nd or sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d poo<span class=\"_ _0\"></span>l of asset<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th suc<span class=\"_ _0\"></span>h disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, whil<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>. Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d in ord<span class=\"_ _0\"></span>er to est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e above<span class=\"_ _0\"></span> require<span class=\"_ _0\"></span>ments for being co<span class=\"_ _0\"></span>nsidere<span class=\"_ _0\"></span>d discretionar<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipation features.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 39 to <span class=\"_ _3\"></span>41<span class=\"_ _c\"></span>): As<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n mak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s to a var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rns f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d has t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>For op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es this ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es a share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of 50% or mor<span class=\"_ _0\"></span>e in the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. Sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s that ar<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>re the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p own<span class=\"_ _0\"></span>s less tha<span class=\"_ _0\"></span>n 50<span class=\"_ _0\"></span>% of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ordi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal (str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies), are co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on an asse<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>lly ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng to th<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ass o<span class=\"_ _0\"></span>f sha<span class=\"_ _0\"></span>re ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h as th<span class=\"_ _0\"></span>e pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e of the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re of<span class=\"_ _0\"></span> it<span class=\"_ _0\"></span>s rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al vot<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts) and s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s fun<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>it t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it al<span class=\"_ _0\"></span>so ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er to t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ssm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on th<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up (dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es) and o<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal o<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>mova<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts of o<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s (the<span class=\"_ _0\"></span>ir pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cal ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to allow the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p not to con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l the fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>). Addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in suc<span class=\"_ _0\"></span>h inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s can flu<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>te on a <span class=\"_ _3\"></span>dai<span class=\"_ _0\"></span>ly bas<span class=\"_ _0\"></span>is acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> to the p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>rs i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. As a r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t, i<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>, we l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k at an a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>se fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s over a<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od to miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of daily flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e wide<span class=\"_ _0\"></span>r fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d circ<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es of the Gro<span class=\"_ _0\"></span>up\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. This is<span class=\"_ _0\"></span> per<span class=\"_ _0\"></span>formed in line<span class=\"_ _3\"></span> with the f<span class=\"_ _3\"></span>ollowing principles:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ds 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to have </span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol ove<span class=\"_ _0\"></span>r the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 30% an<span class=\"_ _0\"></span>d 50<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the fac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d </span>ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to a<span class=\"_ _0\"></span>ny fee<span class=\"_ _0\"></span>s ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>in for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng a judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as to whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er, and the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in the enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is les<span class=\"_ _0\"></span>s than 30<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is judg<span class=\"_ _0\"></span>ed to </span>not h<span class=\"_ _0\"></span>ave co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l over t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, bu<span class=\"_ _0\"></span>t ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n the f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g set<span class=\"_ _0\"></span>s out info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n abou<span class=\"_ _0\"></span>t the cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons ma<span class=\"_ _0\"></span>de by the Gro<span class=\"_ _0\"></span>up ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, and oth<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>jor so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>at have a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ri<span class=\"_ _0\"></span>sk of resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt to the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in the ne<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial yea<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies (N<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>8-20)<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e key judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ar<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nd the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ate to the foll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es; th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </span>for the ra<span class=\"_ _0\"></span>te of futu<span class=\"_ _0\"></span>re lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t how exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may<span class=\"_ _0\"></span> var<span class=\"_ _6\"></span>y in th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>kes in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ind<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tr<span class=\"_ _6\"></span>y da<span class=\"_ _0\"></span>ta. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew on the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Covi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-1<span class=\"_ _c\"></span>9 pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c on clai<span class=\"_ _0\"></span>ms exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in the me<span class=\"_ _0\"></span>diu<span class=\"_ _0\"></span>m to long-<span class=\"_ _0\"></span>term, inf<span class=\"_ _3\"></span>ormed by emerging<span class=\"_ _3\"></span> experience and indu<span class=\"_ _3\"></span>str<span class=\"_ _0\"></span>y studies.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns us<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cos<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at rel<span class=\"_ _0\"></span>ate dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly to the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s best es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te al<span class=\"_ _0\"></span>loc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. \u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, for e<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e, o<span class=\"_ _0\"></span>n cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> </span>def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te is al<span class=\"_ _0\"></span>so se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o of ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ch<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>en to b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d timin<span class=\"_ _0\"></span>g of the cash flow<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>ing fr<span class=\"_ _0\"></span>om no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </span>ris<span class=\"_ _0\"></span>ks as insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, in the ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>d to calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate the C<span class=\"_ _0\"></span>SM am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en the pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t phase an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span> </span>defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phase for defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d annu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>.<span class=\"_ gs255\"> </span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s so <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>at they fai<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. In par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>the tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n date CS<span class=\"_ _0\"></span>M for<span class=\"_ _0\"></span> </span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng the fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y pe<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s into the cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ing val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M un<span class=\"_ _0\"></span>til tho<span class=\"_ _0\"></span>se por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>uss<span class=\"_ _0\"></span>ed in de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il in the Basi<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>9 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is on pos<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t and Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unq<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (N<span class=\"_ _0\"></span>ote 1<span class=\"_ _c\"></span>1)<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d and ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y involve<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in mod<span class=\"_ _0\"></span>el valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>f bo<span class=\"_ _0\"></span>th ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of a r<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>lau<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s and gui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has bo<span class=\"_ _0\"></span>th pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d the sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on ear<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>whi<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>rev<span class=\"_ _0\"></span>iew th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r ter<span class=\"_ _0\"></span>m retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t case<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>1 in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>es a s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is on t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d il<span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-744": {
   "value": "In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>tes 20 and 21<span class=\"_ _3\"></span>): Pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for as an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk to the Grou<span class=\"_ _0\"></span>p are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts that tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fer fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> in inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate or sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pri<span class=\"_ _0\"></span>ce) to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p bu<span class=\"_ _0\"></span>t not sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k are cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to asses<span class=\"_ _0\"></span>s the sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce of the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k with<span class=\"_ _0\"></span>in a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>his ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is based on wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>ke sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, i.e. if the occ<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce of the even<span class=\"_ _0\"></span>t cau<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h out flows for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p tha<span class=\"_ _0\"></span>n its non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span> add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts as a supp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of the addi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts is at the disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Gro<span class=\"_ _0\"></span>up; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">tha<span class=\"_ _0\"></span>t the add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>lly de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nd or sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d poo<span class=\"_ _0\"></span>l of asset<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th suc<span class=\"_ _0\"></span>h disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, whil<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut dis<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 9<span class=\"_ _3\"></span>. Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>ref<span class=\"_ _0\"></span>ore re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d in ord<span class=\"_ _0\"></span>er to est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er any ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e above<span class=\"_ _0\"></span> require<span class=\"_ _0\"></span>ments for being co<span class=\"_ _0\"></span>nsidere<span class=\"_ _0\"></span>d discretionar<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ipation features.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantJudgementsAndChangesInJudgementsMadeInApplyingIFRS17Explanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-671": {
   "value": "(vi) C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ris<span class=\"_ _0\"></span>ks fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>is wi<span class=\"_ _0\"></span>th n<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>ur c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>al wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d. C<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s mos<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l sus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e, b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op i<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing o<span class=\"_ _0\"></span>f it<span class=\"_ _0\"></span>s im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies o<span class=\"_ _0\"></span>n na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h it<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh t<span class=\"_ _0\"></span>wo b<span class=\"_ _0\"></span>roa<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s: tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>ks fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>ove to a low<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thi<span class=\"_ _0\"></span>s has on ass<span class=\"_ _0\"></span>et valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d the ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy<span class=\"_ _0\"></span>; an<span class=\"_ _0\"></span>d physi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s from the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct on ass<span class=\"_ _0\"></span>et ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs as a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of severe wea<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>nto i<span class=\"_ _0\"></span>ts g<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>as ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>ut a d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of how we c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>uld<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ris<span class=\"_ _0\"></span>k to em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>r bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ris<span class=\"_ _0\"></span>k mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es s<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h sto<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k excl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d hig<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n esc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te e<span class=\"_ _0\"></span>nga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng hig<span class=\"_ _0\"></span>h ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y effi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds in<span class=\"_ _0\"></span>to the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly own<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and ho<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to net zero<span class=\"_ _0\"></span>, tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g a 1<span class=\"_ _c\"></span>.5\u00b0<span class=\"_ _0\"></span>C \u2018Pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>s\u2019 ou<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. In orde<span class=\"_ _0\"></span>r to mee<span class=\"_ _0\"></span>t its env<span class=\"_ _0\"></span>iro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al goa<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up has se<span class=\"_ _0\"></span>t for itse<span class=\"_ _0\"></span>lf a num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of me<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d tar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th i<span class=\"_ _0\"></span>ts b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ris<span class=\"_ _0\"></span>k ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n a th<span class=\"_ _0\"></span>ree<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>ar c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y en<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g \u2018I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t, In<span class=\"_ _0\"></span>flu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>\u2019<span class=\"_ _3\"></span>. Met<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d targ<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n footp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, an<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re al<span class=\"_ _0\"></span>ign<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>re b<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ng ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ted t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>ups<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lop<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate fr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ly i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>rod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and fo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>us o<span class=\"_ _0\"></span>n own<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>us<span class=\"_ _0\"></span>e its infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce as a large inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tor to prom<span class=\"_ _0\"></span>ote the tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>sis is pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to help un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d the str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>c imp<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of possi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e cli<span class=\"_ _0\"></span>mate pa<span class=\"_ _0\"></span>thways<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e key <span class=\"_ _3\"></span>fea<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res of a <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t zero ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>my. <span class=\"_ _3\"></span>Pla<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os have bee<span class=\"_ _0\"></span>n deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of how the ene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m may evolve over the nex<span class=\"_ _6\"></span>t 30 year<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> usi<span class=\"_ _0\"></span>ng the mo<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n bud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ts fr<span class=\"_ _0\"></span>om the In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rgo<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l Pan<span class=\"_ _0\"></span>el on Cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te Chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t (A<span class=\"_ _0\"></span>R6) and inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> late<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t data on tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>wo dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt pat<span class=\"_ _0\"></span>hways to \u2018be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w 2\u00b0C<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g achi<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of net ze<span class=\"_ _0\"></span>ro. Give<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m c<span class=\"_ _0\"></span>lim<span class=\"_ _0\"></span>ate r<span class=\"_ _0\"></span>isk r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, a fou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al fa<span class=\"_ _0\"></span>ilu<span class=\"_ _0\"></span>re to a<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>n cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d em<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h at<span class=\"_ _0\"></span> his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al ra<span class=\"_ _0\"></span>tes has be<span class=\"_ _0\"></span>en mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to our por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o. Suc<span class=\"_ _0\"></span>h imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e dri<span class=\"_ _0\"></span>ven by physi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h tend to be h<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ly l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nife<span class=\"_ _0\"></span>st f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nto t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>In pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on to a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nom<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>on th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Grou<span class=\"_ _0\"></span>p\u2019s asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. In the S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>c rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t, wi<span class=\"_ _0\"></span>th add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s Clim<span class=\"_ _0\"></span>ate and<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, we have s<span class=\"_ _0\"></span>et o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t in d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ail t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ous r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks an<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>is tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>ey may i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>ns. In li<span class=\"_ _0\"></span>ne wit<span class=\"_ _0\"></span>h the rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of the T<span class=\"_ _c\"></span>ask For<span class=\"_ _0\"></span>ce on Cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, we have fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r des<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d the r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy, ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nto c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>s no on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>rio th<span class=\"_ _0\"></span>at und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ins th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os hel<span class=\"_ _0\"></span>p cha<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves on the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s and ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>s a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion to a l<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omy, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at ma<span class=\"_ _0\"></span>y be o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>mote<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. A<span class=\"_ _0\"></span>s a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the s<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s of like<span class=\"_ _0\"></span>ly f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s or o<span class=\"_ _0\"></span>utc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mes a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot th<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is o<span class=\"_ _0\"></span>n whi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>At the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t time<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p does no<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate ris<span class=\"_ _0\"></span>k to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ar<span class=\"_ _0\"></span>ea of judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt or of esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>As at<span class=\"_ _0\"></span> 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, no mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l posi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, nor on th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of asset<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et as a resul<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k have bee<span class=\"_ _0\"></span>n ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. In arr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at this dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has in par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r take<span class=\"_ _0\"></span>n into acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>ing ar<span class=\"_ _0\"></span>eas of jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h we <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er to be thos<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of clim<span class=\"_ _0\"></span>ate cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>Go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n and via<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>In pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s abi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>inu<span class=\"_ _0\"></span>e as a <span class=\"_ _3\"></span>go<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n, by tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t all av<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>t lea<span class=\"_ _0\"></span>st 12 mon<span class=\"_ _0\"></span>ths f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir ap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>roval<span class=\"_ _0\"></span>. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly, th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of th<span class=\"_ _0\"></span>e vi<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t takes into c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s overa<span class=\"_ _0\"></span>ll bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y, forec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th an<span class=\"_ _0\"></span>d resi<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and the liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e over the pla<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g hor<span class=\"_ _0\"></span>izon<span class=\"_ _0\"></span>. Clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs have be<span class=\"_ _0\"></span>en co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and have not be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>te mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>es as to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of Level 3 fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y has bee<span class=\"_ _0\"></span>n sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as an area of sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _6\"></span>y. Th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d in the mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts\u2019 val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as cash flows for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d mul<span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e ofte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Due to the nee<span class=\"_ _0\"></span>d to appl<span class=\"_ _0\"></span>y sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, thes<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ca<span class=\"_ _0\"></span>n be impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted by tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> gai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng mor<span class=\"_ _0\"></span>e trac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion (e.g. con<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, EPC ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs<span class=\"_ _0\"></span>, ES<span class=\"_ _0\"></span>G cre<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s and cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te resi<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e). This is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y rel<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t for<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d mar<span class=\"_ _0\"></span>ket pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es or ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket sen<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d clim<span class=\"_ _0\"></span>ate ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. In this res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have also be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n evolv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, wi<span class=\"_ _0\"></span>th gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>d toward<span class=\"_ _0\"></span>s net zer<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d away from tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>ods<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes a<span class=\"_ _0\"></span>nd mu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tip<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>sks of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s are bei<span class=\"_ _0\"></span>ng rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, with re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>rds to pote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, to help re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce ca<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>on em<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d make them mo<span class=\"_ _0\"></span>re effi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and sus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re.<span class=\"_ _0\"></span> Asset imp<span class=\"_ _3\"></span>airment and<span class=\"_ _3\"></span> residual<span class=\"_ _3\"></span> economic lif<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h are su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to impai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tes<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be af<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted b<span class=\"_ _0\"></span>y cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>. F<span class=\"_ _0\"></span>or exa<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y may be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ob<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te or re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to de<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e or th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> of co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se. I<span class=\"_ _0\"></span>f, as a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>nven<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s is n<span class=\"_ _0\"></span>ot re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>ey wo<span class=\"_ _0\"></span>uld n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e wr<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ten d<span class=\"_ _0\"></span>own to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir n<span class=\"_ _0\"></span>et r<span class=\"_ _0\"></span>eal<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>ue.<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ll an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts may s<span class=\"_ _0\"></span>ee t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in l<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht of c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span> ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, and sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the en<span class=\"_ _0\"></span>vir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng for exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s can re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt an in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. The es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t as \u2018val<span class=\"_ _0\"></span>ue in use<span class=\"_ _0\"></span>\u2019 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows base<span class=\"_ _0\"></span>d on ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d mat<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>s, pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y for goo<span class=\"_ _0\"></span>dwi<span class=\"_ _0\"></span>ll and in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> to a <span class=\"_ _3\"></span>hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee of judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on or de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ne<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cli<span class=\"_ _0\"></span>mate ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic l<span class=\"_ _0\"></span>ife is s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an a<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h wou<span class=\"_ _0\"></span>ld g<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>ise to i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. D<span class=\"_ _0\"></span>ue to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, we do n<span class=\"_ _0\"></span>ot a<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>te any m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ges to a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m cli<span class=\"_ _0\"></span>mate c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. Ris<span class=\"_ _0\"></span>ks will co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e to be moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed aga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>st ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d in the ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Insurance<span class=\"_ _3\"></span> contract <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os wi<span class=\"_ _0\"></span>th d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ma<span class=\"_ _0\"></span>de to re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ove ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s bu<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Clima<span class=\"_ _0\"></span>te<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>n the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch w<span class=\"_ _0\"></span>oul<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s arou<span class=\"_ _0\"></span>nd fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re even<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>uld a<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, fo<span class=\"_ _0\"></span>r exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e by re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion o<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of a le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (e.g. l<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r fai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts) or of a c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive o<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (e.g. re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> dam<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios). Def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t will be avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h tho<span class=\"_ _0\"></span>se amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ca<span class=\"_ _0\"></span>n be util<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. Cl<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s esti<span class=\"_ _0\"></span>mate of fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e it may be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Share<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>based pa<span class=\"_ _3\"></span>ymen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de a d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>spa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en e<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ive pay a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span> lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al awar<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>a per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>at le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t thre<span class=\"_ _0\"></span>e year<span class=\"_ _0\"></span>s. Per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e met<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>s for the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s sha<span class=\"_ _0\"></span>re pla<span class=\"_ _0\"></span>ns are now cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y linke<span class=\"_ _0\"></span>d to ESG me<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>cs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, the ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ld have an impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and timi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me.<span class=\"_ _0\"></span> Financial in<span class=\"_ _3\"></span>struments<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>les an<span class=\"_ _0\"></span>d cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s proba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t over a cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>. Clim<span class=\"_ _0\"></span>ate<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>s may affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, for examp<span class=\"_ _0\"></span>le by neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019s abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to me<span class=\"_ _0\"></span>et t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r by af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEnvironmentRelatedExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-672": {
   "value": "Consolidation principles<span class=\"_ _3ad\"> </span>Subsidiar<span class=\"_ _0\"></span>y undertak<span class=\"_ _0\"></span>ings Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, inco<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h flows of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny and of its<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs dr<span class=\"_ _0\"></span>awn up to 31<span class=\"_ gs255\"> </span>Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r eac<span class=\"_ _0\"></span>h year. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ll int<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in full.<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e those e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial pu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>s and uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>over wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly or ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span> (i.e. w<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ha<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e) (Note 4<span class=\"_ _0\"></span>0). Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for by app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd th<span class=\"_ _0\"></span>e iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e exce<span class=\"_ _0\"></span>ss of t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d value of the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of the acq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t as goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>. Profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or losse<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s sol<span class=\"_ _0\"></span>d or a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s up to th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of<span class=\"_ _0\"></span> gaining control. Pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies in co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, su<span class=\"_ _0\"></span>ch as uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and app<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r as \u2018<span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to uni<span class=\"_ _0\"></span>t hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s over whi<span class=\"_ _0\"></span>ch the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>. It is pres<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it has bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 20% and 5<span class=\"_ _0\"></span>0% of the votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s in the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e unle<span class=\"_ _0\"></span>ss ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e. Joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and oth<span class=\"_ _0\"></span>er par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have join<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the<span class=\"_ _0\"></span>ir ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res (N<span class=\"_ _0\"></span>ote 4<span class=\"_ _0\"></span>0) <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h form pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of an invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio he<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pri<span class=\"_ _0\"></span>vate eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. In acco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the ch<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted by IA<span class=\"_ _0\"></span>S 28<span class=\"_ _0\"></span>, \u2018Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or los<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fair val<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not for<span class=\"_ _0\"></span>m par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio are in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t at cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the<span class=\"_ _0\"></span>se asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s is incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e of those inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt is inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are of total co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the date of the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of an assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is greate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n its es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ble am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er of the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair valu<span class=\"_ _0\"></span>e les<span class=\"_ _0\"></span>s cos<span class=\"_ _0\"></span>ts of dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal a<span class=\"_ _0\"></span>nd va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it is w<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n do<span class=\"_ _0\"></span>wn im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>ly to i<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Income <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>tatement.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-713": {
   "value": "Subsidiar<span class=\"_ _0\"></span>y undertak<span class=\"_ _0\"></span>ings Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, inco<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h flows of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny and of its<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs dr<span class=\"_ _0\"></span>awn up to 31<span class=\"_ gs255\"> </span>Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r eac<span class=\"_ _0\"></span>h year. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ll int<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e elim<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in full.<span class=\"_ _0\"></span> Su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e those e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial pu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>s and uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>over wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly or ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y has con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span> (i.e. w<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or h<span class=\"_ _0\"></span>as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, to va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m it<span class=\"_ _0\"></span>s invo<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ha<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y to af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r over t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e) (Note 4<span class=\"_ _0\"></span>0). Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for by app<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd th<span class=\"_ _0\"></span>e iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e exce<span class=\"_ _0\"></span>ss of t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d value of the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of the acq<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t as goo<span class=\"_ _0\"></span>dw<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>. Profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or losse<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s sol<span class=\"_ _0\"></span>d or a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s up to th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or f<span class=\"_ _0\"></span>rom t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ate of<span class=\"_ _0\"></span> gaining control. Pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies in co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, su<span class=\"_ _0\"></span>ch as uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and app<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r as \u2018<span class=\"_ _0\"></span>Ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to uni<span class=\"_ _0\"></span>t hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-763": {
   "value": "As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s over whi<span class=\"_ _0\"></span>ch the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>. It is pres<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it has bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 20% and 5<span class=\"_ _0\"></span>0% of the votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s in the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e unle<span class=\"_ _0\"></span>ss ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e. Joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and oth<span class=\"_ _0\"></span>er par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have join<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the<span class=\"_ _0\"></span>ir ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res (N<span class=\"_ _0\"></span>ote 4<span class=\"_ _0\"></span>0) <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h form pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of an invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio he<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pri<span class=\"_ _0\"></span>vate eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. In acco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the ch<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted by IA<span class=\"_ _0\"></span>S 28<span class=\"_ _0\"></span>, \u2018Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or los<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fair val<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not for<span class=\"_ _0\"></span>m par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio are in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t at cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the<span class=\"_ _0\"></span>se asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s is incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e of those inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt is inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are of total co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the date of the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of an assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is greate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n its es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ble am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er of the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair valu<span class=\"_ _0\"></span>e les<span class=\"_ _0\"></span>s cos<span class=\"_ _0\"></span>ts of dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal a<span class=\"_ _0\"></span>nd va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it is w<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n do<span class=\"_ _0\"></span>wn im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>ly to i<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Income <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>tatement.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-745": {
   "value": "As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s over whi<span class=\"_ _0\"></span>ch the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>. It is pres<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it has bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 20% and 5<span class=\"_ _0\"></span>0% of the votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s in the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e unle<span class=\"_ _0\"></span>ss ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e. Joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and oth<span class=\"_ _0\"></span>er par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have join<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the<span class=\"_ _0\"></span>ir ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res (N<span class=\"_ _0\"></span>ote 4<span class=\"_ _0\"></span>0) <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h form pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of an invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio he<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pri<span class=\"_ _0\"></span>vate eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. In acco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the ch<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted by IA<span class=\"_ _0\"></span>S 28<span class=\"_ _0\"></span>, \u2018Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or los<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fair val<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not for<span class=\"_ _0\"></span>m par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio are in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t at cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the<span class=\"_ _0\"></span>se asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s is incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e of those inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt is inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are of total co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the date of the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of an assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is greate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n its es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ble am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er of the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair valu<span class=\"_ _0\"></span>e les<span class=\"_ _0\"></span>s cos<span class=\"_ _0\"></span>ts of dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal a<span class=\"_ _0\"></span>nd va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it is w<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n do<span class=\"_ _0\"></span>wn im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>ly to i<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Income <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>tatement.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-714": {
   "value": "As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s over whi<span class=\"_ _0\"></span>ch the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>t whic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>. It is pres<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it has bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 20% and 5<span class=\"_ _0\"></span>0% of the votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s in the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e unle<span class=\"_ _0\"></span>ss ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e. Joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and oth<span class=\"_ _0\"></span>er par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have join<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol over the<span class=\"_ _0\"></span>ir ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res (N<span class=\"_ _0\"></span>ote 4<span class=\"_ _0\"></span>0) <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h form pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of an invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio he<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pri<span class=\"_ _0\"></span>vate eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. In acco<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the ch<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ted by IA<span class=\"_ _0\"></span>S 28<span class=\"_ _0\"></span>, \u2018Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span>se in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or los<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fair val<span class=\"_ _0\"></span>ue re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not for<span class=\"_ _0\"></span>m par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio are in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t at cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion of the<span class=\"_ _0\"></span>se asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s is incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e of those inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt is inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are of total co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the date of the ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of an assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te or join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is greate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n its es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ble am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er of the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair valu<span class=\"_ _0\"></span>e les<span class=\"_ _0\"></span>s cos<span class=\"_ _0\"></span>ts of dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal a<span class=\"_ _0\"></span>nd va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it is w<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n do<span class=\"_ _0\"></span>wn im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>ly to i<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Income <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>tatement.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-673": {
   "value": "Insurance contracts Long t<span class=\"_ _3\"></span>erm insurance<span class=\"_ _3\"></span> contracts \u2013 init<span class=\"_ _3\"></span>ial me<span class=\"_ _3\"></span>asurement<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>ch tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e risk to the insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is the case if, and onl<span class=\"_ _0\"></span>y if, an insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld cau<span class=\"_ _0\"></span>se an insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r to make sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in any sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o, oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n a scen<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io whi<span class=\"_ _0\"></span>ch lac<span class=\"_ _0\"></span>ks co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. Su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>til all ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are ex<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ed or exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e. At in<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m an i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m as if t<span class=\"_ _0\"></span>hey w<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: \u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives e<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ose e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>ose of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, a<span class=\"_ _0\"></span>nd w<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span>ter<span class=\"_ _0\"></span>ms wou<span class=\"_ _0\"></span>ld not me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of an insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ne ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>.e. inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t are n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd fo<span class=\"_ _0\"></span>r wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h </span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h equi<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ter<span class=\"_ _0\"></span>ms are so<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>, or cou<span class=\"_ _0\"></span>ld be sol<span class=\"_ _0\"></span>d, se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the sam<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t or the sam<span class=\"_ _0\"></span>e jur<span class=\"_ _0\"></span>isd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r sep<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng any fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes any pro<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ses to tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t goo<span class=\"_ _0\"></span>ds or ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> oth<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m as se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs (i<span class=\"_ _0\"></span>.e. n<span class=\"_ _0\"></span>ot as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s). <span class=\"_ _3\"></span>A goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is disti<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t if the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r can be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m it eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r on its own or wi<span class=\"_ _0\"></span>th oth<span class=\"_ _0\"></span>er res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are read<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>the<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>A goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is not dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t and is acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r with th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t if the cash flow<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th the go<span class=\"_ _0\"></span>od or ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce are hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ly in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th the ca<span class=\"_ _0\"></span>sh flows an<span class=\"_ _0\"></span>d risk<span class=\"_ _0\"></span>s assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>des a sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce of inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the goo<span class=\"_ _0\"></span>d or ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l of ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gati<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>An i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g:<span class=\"_ _3ad\"> </span>(<span class=\"_ _3\"></span>a) <span class=\"_ _4\"> </span>th<span class=\"_ _0\"></span>e beg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od;<span class=\"_ _3ad\"> </span>(b) <span class=\"_ _5\"> </span>th<span class=\"_ _0\"></span>e date whe<span class=\"_ _0\"></span>n the fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t from a pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es du<span class=\"_ _0\"></span>e; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>(<span class=\"_ _3\"></span>c<span class=\"_ _3\"></span>)  for onerous contracts, when<span class=\"_ _3\"></span> the contract becomes onerous<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e level of agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t at whi<span class=\"_ _0\"></span>ch IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tly by div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en i<span class=\"_ _0\"></span>nto p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os. P<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>ith s<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r ri<span class=\"_ _0\"></span>sks w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r. Por<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>ios a<span class=\"_ _0\"></span>re f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y at ince<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n into thr<span class=\"_ _0\"></span>ee ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s: one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t risk of sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d the rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 also re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s that no gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p for level of agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses may co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>e than one<span class=\"_ _3\"></span> year ap<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s in sc<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted fo<span class=\"_ _0\"></span>r un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s as th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al of<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cash flo<span class=\"_ _0\"></span>ws; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e unea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d profi<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p will re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise as it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span>Ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se un<span class=\"_ _0\"></span>bias<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ates of fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cash flow<span class=\"_ _0\"></span>s, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y and fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows is to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e the e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, or t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ean<span class=\"_ _0\"></span>, of t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ull r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge of p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ble o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>ll re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng da<span class=\"_ _0\"></span>te with<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t und<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t or effo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a ran<span class=\"_ _0\"></span>ge of sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h have co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al sub<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d give a goo<span class=\"_ _0\"></span>d repr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ou<span class=\"_ _0\"></span>tco<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e cas<span class=\"_ _0\"></span>h flows from ea<span class=\"_ _0\"></span>ch sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io are pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d discounted using <span class=\"_ _3\"></span>curre<span class=\"_ _0\"></span>nt assumptions.<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>en es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des al<span class=\"_ _0\"></span>l cash flows th<span class=\"_ _0\"></span>at are wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t bo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s not yet pai<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms not ye<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of an inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e or to <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>nha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of an insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er val<span class=\"_ _0\"></span>ue op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">an allo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cash flow<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e to the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio to whi<span class=\"_ _0\"></span>ch the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>gs;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s hand<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and mai<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s that are exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be paid to inte<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s for fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">an allo<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of fixed an<span class=\"_ _0\"></span>d varia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e overh<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to ful<span class=\"_ _0\"></span>fill<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls5f ws44\">transaction<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>base<span class=\"_ _0\"></span>d taxes.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, in a<span class=\"_ _0\"></span>n un<span class=\"_ _0\"></span>bia<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d way, all re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nfor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n avai<span class=\"_ _0\"></span>lab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ut t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t,<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of those fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>es the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts of fut<span class=\"_ _0\"></span>ure pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> based<span class=\"_ _3\"></span> on informat<span class=\"_ _3\"></span>ion obtained, includ<span class=\"_ _3\"></span>ing:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ims al<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>dy re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n abo<span class=\"_ _0\"></span>ut th<span class=\"_ _0\"></span>e know<span class=\"_ _0\"></span>n or est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta abo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up\u2019s own exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, sup<span class=\"_ _0\"></span>ple<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sar<span class=\"_ _6\"></span>y, with dat<span class=\"_ _0\"></span>a from ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r sour<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es (hi<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l data is adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to </span>refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns); and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls5d ws68\">current pricing in<span class=\"_ _3\"></span>formation, when<span class=\"_ _3\"></span> ava<span class=\"_ _3\"></span>ilable.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cash flo<span class=\"_ _0\"></span>ws whic<span class=\"_ _0\"></span>h are all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s (thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue) over t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cash flow as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>or to alloc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Risk adjustme<span class=\"_ _0\"></span>nt Th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ris<span class=\"_ _0\"></span>k for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p woul<span class=\"_ _0\"></span>d req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re for bea<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt and tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the cash flows th<span class=\"_ _0\"></span>at ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is cal<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>Value at Ri<span class=\"_ _0\"></span>sk (<span class=\"_ _0\"></span>VAR) met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy. In some cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for risk on rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is linke<span class=\"_ _0\"></span>d dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly to the pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e paid<span class=\"_ _3\"></span> for r<span class=\"_ _3\"></span>einsurance. Discounting<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted at ra<span class=\"_ _0\"></span>tes tha<span class=\"_ _0\"></span>t refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se are<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m an a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o wi<span class=\"_ _0\"></span>th de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ove r<span class=\"_ _0\"></span>isks i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> liabilities.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in (C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s CS<span class=\"_ _0\"></span>M is a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of the asse<span class=\"_ _0\"></span>t or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e grou<span class=\"_ _0\"></span>p of insu<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nts th<span class=\"_ _0\"></span>e unea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>fit th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p will<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise as it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in the fut<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M on init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s the gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> is on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n no in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">any cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the Gro<span class=\"_ _0\"></span>up at that da<span class=\"_ _0\"></span>te;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e date o<span class=\"_ _0\"></span>f ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">any asse<span class=\"_ _0\"></span>t for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows; an<span class=\"_ _0\"></span>d</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">any ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Onerous contracts<span class=\"_ _3ad\"> </span>For gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed as on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ous<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss for th<span class=\"_ _0\"></span>e net ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>w, <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>ing e<span class=\"_ _0\"></span>qua<span class=\"_ _0\"></span>l to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d the CS<span class=\"_ _0\"></span>M of the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g zero. A loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up for<span class=\"_ _0\"></span> the l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r an on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>he lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Reinsurance<span class=\"_ _3\"></span> contracts \u2013<span class=\"_ _3\"></span> initial<span class=\"_ _c\"></span> measurement<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es as t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span> the fol<span class=\"_ _3\"></span>lowing:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>er of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">the d<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </span>he<span class=\"_ _0\"></span>ld i<span class=\"_ _0\"></span>n the g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d at o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s an allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e by the rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s from dis<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nes th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k so that it rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of risk be<span class=\"_ _0\"></span>ing tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">bo<span class=\"_ _0\"></span>th day one gai<span class=\"_ _0\"></span>ns and day on<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed at ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t are defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M </span>an<span class=\"_ _0\"></span>d rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r ren<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, excep<span class=\"_ _0\"></span>t for any por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>day one lo<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>tes to event<span class=\"_ _0\"></span>s befo<span class=\"_ _0\"></span>re ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l recognition;<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">if the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>or to a <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M can be adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted to offs<span class=\"_ _0\"></span>et a por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of </span>the i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on l<span class=\"_ _0\"></span>oss (t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t). This of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of the l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Lo<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f a gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nd of ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>m of:<span class=\"_ _0\"></span> (i) <span class=\"_ _e\"> </span><span class=\"ff10f\">th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ful<span class=\"_ _0\"></span>film<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date and the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M of </span>the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p at that da<span class=\"_ _0\"></span>te; and<span class=\"_ _0\"></span> (ii) <span class=\"_ _19\"> </span><span class=\"ff10f\">the liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s for the Gro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ted to past se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Contractual ser<span class=\"_ _0\"></span>vice margin \u2013 measurement<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t in the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t has not yet be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use i<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tes to f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce to b<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>For a gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M of that gro<span class=\"_ _0\"></span>up at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>als the ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at the<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing of the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any ne<span class=\"_ _0\"></span>w con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ad<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt rat<span class=\"_ _0\"></span>es at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt to the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows exc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>, giv<span class=\"_ _0\"></span>ing ri<span class=\"_ _0\"></span>se to a <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s; or</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s are allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e </span>mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n at the end of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od over the cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on the CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the CS<span class=\"_ _0\"></span>M co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se of:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ts (net of refun<span class=\"_ _0\"></span>ds) and any rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as </span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cas<span class=\"_ _0\"></span>h flows and in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m taxe<span class=\"_ _0\"></span>s and the es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>, at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) in <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss wh<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) for <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>s are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the CS<span class=\"_ _0\"></span>M;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows in the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt th<span class=\"_ _0\"></span>ose re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of </span>mo<span class=\"_ _0\"></span>ney an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk (whic<span class=\"_ _0\"></span>h are ins<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s or in othe<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e);<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>y inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>hat b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s </span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in the per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k that rel<span class=\"_ _0\"></span>ate to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to the CS<span class=\"_ _0\"></span>M note<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s that re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of the cash flo<span class=\"_ _0\"></span>ws of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion (i<span class=\"_ _0\"></span>.e. the weig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the rates ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t join<span class=\"_ _0\"></span>ed a gro<span class=\"_ _0\"></span>up over<span class=\"_ _0\"></span> a 1<span class=\"_ _c\"></span>2-month period).<span class=\"_ _3ad\"> </span>Onerous contracts<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>hat we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s if as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>. In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>es a loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. The los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span> all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows to: <span class=\"_ _3\"></span>(i) th<span class=\"_ _0\"></span>e loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and (ii) th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt is als<span class=\"_ _0\"></span>o upda<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l to zero by the end of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of a grou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t will have mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e form of inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms). Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in \u2013 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d is calc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d as the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sum of all t<span class=\"_ _0\"></span>he fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p has e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>(s<span class=\"_ _c\"></span>) u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> those ser<span class=\"_ _0\"></span>vices.<span class=\"_ _3ad\"> </span><table class=\"s w222 h143\" id=\"_a6011417-a831-4243-b641-2bcce60b8f59\"><tr><td class=\"c n x1e5 y3231 w223 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls114 wsa1\">Insurance contract<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ba y3231 w224 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bb y3231 w225 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls3a ws46\">Coverage unit(<span class=\"_ _3\"></span>s)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3232 w226 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Immediate annuity<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bc y3232 w227 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bd y3232 w228 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Exp<span class=\"_ _0\"></span>ected annu<span class=\"_ _0\"></span>al claims payments<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x4be ha y3233 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ims (<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3234 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"lse wsc\">E<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cted annual claims paymen<span class=\"_ _0\"></span>ts</span><span class=\"lse wsc\"> </span></td></tr><tr><td></td><td class=\"t m1 x4be ha y3235 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ls16 ws16\">Investme<span class=\"_ _0\"></span>nt return ser<span class=\"_ _0\"></span>vice (<span class=\"_ _3\"></span>deferral phase)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3236 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">E<span class=\"_ _6\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn o<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></span></td></tr><tr><td class=\"t m1 x4c0 ha y3237 ff10e fs6 fc0 sc0 ls4 wsd\">Deferred annuity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4be ha y3238 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">L<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp su<span class=\"_ _0\"></span>m dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3239 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed</span><span class=\"ff10f\"><span class=\"_ _0\"></span> </span></td></tr><tr><td class=\"c n x1e5 y323a w229 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swa<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c1 y323a w22a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g le<span class=\"_ _0\"></span>g of swap<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c2 y323a w22b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al flo<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g leg pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y323b w22c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Retail Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c3 y323b w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c4 y323b w22e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w22f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Group Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c5 y312a w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c6 y312a w230 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr></table>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic un<span class=\"_ _0\"></span>it of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns a mix<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to weigh<span class=\"_ _0\"></span>t the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s so that<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e of CS<span class=\"_ _0\"></span>M rele<span class=\"_ _0\"></span>ase re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l pack<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>is is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y per<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt to uni<span class=\"_ _0\"></span>ts of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing a co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of imme<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iate an<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _1\"></span>, de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s usu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the two ph<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s of ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>ase and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e). <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts so that<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>y fair<span class=\"_ _0\"></span>ly refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e weig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>ing be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d so that th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phas<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of any lum<span class=\"_ _0\"></span>p sum dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted so tha<span class=\"_ _0\"></span>t all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se for all co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r thro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>gh tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> out, withdrawa<span class=\"_ _3\"></span>l of<span class=\"_ _3\"></span> funds or<span class=\"_ _3\"></span> death.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estmen<span class=\"_ _3\"></span>t componen<span class=\"_ _3\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s the inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t by de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t it woul<span class=\"_ _0\"></span>d be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to repay to the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r in all sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ios w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>cy de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n as to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e all finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, or whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er to disa<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e that re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons in<span class=\"_ _0\"></span>to oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse has be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s for all insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts exce<span class=\"_ _0\"></span>pt for the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re it has be<span class=\"_ _0\"></span>en dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fit an<span class=\"_ _0\"></span>d loss an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e has be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>c allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d total ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ates d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk have be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> and expenses.<span class=\"_ _3ad\"> </span>Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>The subsequent<span class=\"_ _3\"></span> measurement o<span class=\"_ _3\"></span>f rein<span class=\"_ _3\"></span>surance contracts held<span class=\"_ _c\"></span> follows<span class=\"_ _3\"></span> the s<span class=\"_ _3\"></span>ame principles<span class=\"_ _3\"></span> as t<span class=\"_ _3\"></span>hose f<span class=\"_ _3\"></span>or insurance<span class=\"_ _3\"></span> contracts issued<span class=\"_ _3\"></span> ex<span class=\"_ _3\"></span>cept that ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss if the rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n it is ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, i.e. wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>ire or are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or can<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ell<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if its ter<span class=\"_ _0\"></span>ms are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d in a way <span class=\"_ _3\"></span>tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d have chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g for the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly had<span class=\"_ _0\"></span> the ne<span class=\"_ _0\"></span>w term<span class=\"_ _0\"></span>s always exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t bas<span class=\"_ _0\"></span>ed on the mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. If a cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n doe<span class=\"_ _0\"></span>s not res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>en the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p trea<span class=\"_ _0\"></span>ts the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in cash flows ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInsuranceContracts",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-746": {
   "value": "Reinsurance<span class=\"_ _3\"></span> contracts \u2013<span class=\"_ _3\"></span> initial<span class=\"_ _c\"></span> measurement<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es as t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>se fo<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span> the fol<span class=\"_ _3\"></span>lowing:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ea<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>er of t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"fc0 ls0\">the d<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </span>he<span class=\"_ _0\"></span>ld i<span class=\"_ _0\"></span>n the g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d at o<span class=\"_ _0\"></span>r be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of the cas<span class=\"_ _0\"></span>h flows inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s an allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e by the rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s from dis<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nes th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k so that it rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of risk be<span class=\"_ _0\"></span>ing tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">bo<span class=\"_ _0\"></span>th day one gai<span class=\"_ _0\"></span>ns and day on<span class=\"_ _0\"></span>e loss<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed at ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t are defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M </span>an<span class=\"_ _0\"></span>d rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r ren<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, excep<span class=\"_ _0\"></span>t for any por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of a <span class=\"_ _3\"></span>day one lo<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>tes to event<span class=\"_ _0\"></span>s befo<span class=\"_ _0\"></span>re ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l recognition;<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">if the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>or to a <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M can be adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted to offs<span class=\"_ _0\"></span>et a por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of </span>the i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on l<span class=\"_ _0\"></span>oss (t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t). This of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of the l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Lo<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f a gro<span class=\"_ _0\"></span>up o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nd of ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>m of:<span class=\"_ _0\"></span> (i) <span class=\"_ _e\"> </span><span class=\"ff10f\">th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ful<span class=\"_ _0\"></span>film<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date and the C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M of </span>the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p at that da<span class=\"_ _0\"></span>te; and<span class=\"_ _0\"></span> (ii) <span class=\"_ _19\"> </span><span class=\"ff10f\">the liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s for the Gro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ted to past se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the Gro<span class=\"_ _0\"></span>up at tha<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Contractual ser<span class=\"_ _0\"></span>vice margin \u2013 measurement<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t in the gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t has not yet be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use i<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tes to f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce to b<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>For a gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M of that gro<span class=\"_ _0\"></span>up at the en<span class=\"_ _0\"></span>d of the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>als the ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at the<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ing of the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any ne<span class=\"_ _0\"></span>w con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ad<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt rat<span class=\"_ _0\"></span>es at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt to the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t:</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>sh flows exc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>, giv<span class=\"_ _0\"></span>ing ri<span class=\"_ _0\"></span>se to a <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s; or</span> <span class=\"_ _46\"></span>\u2013<span class=\"_ _f\"> </span><span class=\"ff10f fc0 ls0 ws0\">suc<span class=\"_ _0\"></span>h de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es in the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flow<span class=\"_ _0\"></span>s are allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>use o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e </span>mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n at the end of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od over the cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>any cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on the CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce tha<span class=\"_ _0\"></span>t adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the CS<span class=\"_ _0\"></span>M co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se of:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ts (net of refun<span class=\"_ _0\"></span>ds) and any rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as </span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cas<span class=\"_ _0\"></span>h flows and in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m taxe<span class=\"_ _0\"></span>s and the es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>, at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) in <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt or pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss wh<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (<span class=\"_ _3\"></span>or du<span class=\"_ _0\"></span>e) for <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ice<span class=\"_ _0\"></span>s are adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the CS<span class=\"_ _0\"></span>M;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows in the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt th<span class=\"_ _0\"></span>ose re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of </span>mo<span class=\"_ _0\"></span>ney an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk (whic<span class=\"_ _0\"></span>h are ins<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s or in othe<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e);<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>y inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>hat b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s </span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in the per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k that rel<span class=\"_ _0\"></span>ate to futu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to the CS<span class=\"_ _0\"></span>M note<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s that re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of the cash flo<span class=\"_ _0\"></span>ws of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e gro<span class=\"_ _0\"></span>up of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s at ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion (i<span class=\"_ _0\"></span>.e. the weig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ted aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of the rates ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t join<span class=\"_ _0\"></span>ed a gro<span class=\"_ _0\"></span>up over<span class=\"_ _0\"></span> a 1<span class=\"_ _c\"></span>2-month period).<span class=\"_ _3ad\"> </span>Onerous contracts<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>hat we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us a<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>s if as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span>. In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>es a loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re los<span class=\"_ _0\"></span>ses re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. The los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is rele<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span> all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the sub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows to: <span class=\"_ _3\"></span>(i) th<span class=\"_ _0\"></span>e loss co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and (ii) th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt is als<span class=\"_ _0\"></span>o upda<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of the ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cash flows re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to fut<span class=\"_ _0\"></span>ure se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tic al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es to t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l to zero by the end of the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of a grou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t will have mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e form of inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms). Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in \u2013 r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d is calc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d as the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e unit<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sum of all t<span class=\"_ _0\"></span>he fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ure a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p has e<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>is ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span> ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e mai<span class=\"_ _0\"></span>n ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>(s<span class=\"_ _c\"></span>) u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> those ser<span class=\"_ _0\"></span>vices.<span class=\"_ _3ad\"> </span><table class=\"s w222 h143\" id=\"_a6011417-a831-4243-b641-2bcce60b8f59\"><tr><td class=\"c n x1e5 y3231 w223 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls114 wsa1\">Insurance contract<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ba y3231 w224 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bb y3231 w225 h141\"><div class=\"t m1 x1e4 h62 y3230 ff10d fs2 fc0 sc0 ls3a ws46\">Coverage unit(<span class=\"_ _3\"></span>s)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3232 w226 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Immediate annuity<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bc y3232 w227 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4bd y3232 w228 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Exp<span class=\"_ _0\"></span>ected annu<span class=\"_ _0\"></span>al claims payments<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x4be ha y3233 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ims (<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3234 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"lse wsc\">E<span class=\"_ _0\"></span>xpe<span class=\"_ _0\"></span>cted annual claims paymen<span class=\"_ _0\"></span>ts</span><span class=\"lse wsc\"> </span></td></tr><tr><td></td><td class=\"t m1 x4be ha y3235 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ls16 ws16\">Investme<span class=\"_ _0\"></span>nt return ser<span class=\"_ _0\"></span>vice (<span class=\"_ _3\"></span>deferral phase)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3236 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ws3\">E<span class=\"_ _6\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn o<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></span></td></tr><tr><td class=\"t m1 x4c0 ha y3237 ff10e fs6 fc0 sc0 ls4 wsd\">Deferred annuity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4be ha y3238 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">L<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp su<span class=\"_ _0\"></span>m dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span></span></td><td class=\"t m1 x4bf ha y3239 ff10e fs6 fc0 sc0 lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff10f\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed</span><span class=\"ff10f\"><span class=\"_ _0\"></span> </span></td></tr><tr><td class=\"c n x1e5 y323a w229 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swa<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c1 y323a w22a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g le<span class=\"_ _0\"></span>g of swap<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c2 y323a w22b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al flo<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g leg pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y323b w22c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Retail Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c3 y323b w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c4 y323b w22e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w22f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Group Protection<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c5 y312a w22d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Potential mor<span class=\"_ _0\"></span>talit<span class=\"_ _0\"></span>y or morbidit<span class=\"_ _0\"></span>y claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c6 y312a w230 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td></tr></table>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic un<span class=\"_ _0\"></span>it of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns a mix<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge uni<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is nec<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to weigh<span class=\"_ _0\"></span>t the cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s so that<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofil<span class=\"_ _0\"></span>e of CS<span class=\"_ _0\"></span>M rele<span class=\"_ _0\"></span>ase re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l pack<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>is is par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y per<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt to uni<span class=\"_ _0\"></span>ts of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing a co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of imme<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iate an<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17<span class=\"_ _1\"></span>, de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s usu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>ide mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>le ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the two ph<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s of ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al ph<span class=\"_ _0\"></span>ase and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e). <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts so that<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>y fair<span class=\"_ _0\"></span>ly refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e weig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>ing be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se and th<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e uni<span class=\"_ _0\"></span>ts is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d so that th<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l phas<span class=\"_ _0\"></span>e refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of any lum<span class=\"_ _0\"></span>p sum dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted so tha<span class=\"_ _0\"></span>t all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e CS<span class=\"_ _0\"></span>M is ear<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in the defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>al pha<span class=\"_ _0\"></span>se for all co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h do not en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t phas<span class=\"_ _0\"></span>e eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r thro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>gh tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> out, withdrawa<span class=\"_ _3\"></span>l of<span class=\"_ _3\"></span> funds or<span class=\"_ _3\"></span> death.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estmen<span class=\"_ _3\"></span>t componen<span class=\"_ _3\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s the inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t by de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t it woul<span class=\"_ _0\"></span>d be requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to repay to the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r in all sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ios w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rci<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>ubs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ps of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk an<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>cy de<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n as to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e all finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me or exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, or whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er to disa<span class=\"_ _0\"></span>gg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e that re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons in<span class=\"_ _0\"></span>to oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse has be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s for all insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts exce<span class=\"_ _0\"></span>pt for the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re it has be<span class=\"_ _0\"></span>en dis<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fit an<span class=\"_ _0\"></span>d loss an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e has be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>c allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d total ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ates d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Ch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>es in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk have be<span class=\"_ _0\"></span>en di<span class=\"_ _0\"></span>sag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> and expenses.<span class=\"_ _3ad\"> </span>Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>The subsequent<span class=\"_ _3\"></span> measurement o<span class=\"_ _3\"></span>f rein<span class=\"_ _3\"></span>surance contracts held<span class=\"_ _c\"></span> follows<span class=\"_ _3\"></span> the s<span class=\"_ _3\"></span>ame principles<span class=\"_ _3\"></span> as t<span class=\"_ _3\"></span>hose f<span class=\"_ _3\"></span>or insurance<span class=\"_ _3\"></span> contracts issued<span class=\"_ _3\"></span> ex<span class=\"_ _3\"></span>cept that ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e fulfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss if the rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ce<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n it is ex<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, i.e. wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>ire or are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or can<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ell<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if its ter<span class=\"_ _0\"></span>ms are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d in a way <span class=\"_ _3\"></span>tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d have chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g for the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly had<span class=\"_ _0\"></span> the ne<span class=\"_ _0\"></span>w term<span class=\"_ _0\"></span>s always exi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t bas<span class=\"_ _0\"></span>ed on the mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. If a cont<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n doe<span class=\"_ _0\"></span>s not res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>en the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p trea<span class=\"_ _0\"></span>ts the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in cash flows ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by the mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>lfi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForReinsuranceExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-674": {
   "value": "Financial in<span class=\"_ _3\"></span>struments Recognition<span class=\"_ _c\"></span> and derecognition<span class=\"_ _3ad\"> </span>Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is on the trad<span class=\"_ _0\"></span>e date<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h is the date on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of the inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. A fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is init<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus<span class=\"_ _0\"></span>, for a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t or fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y not mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to its acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>en the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e is evide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>quo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pric<span class=\"_ _0\"></span>e in an act<span class=\"_ _0\"></span>ive mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t for an iden<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (i.e. a Level 1 inpu<span class=\"_ _0\"></span>t) or base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> </span>tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue tha<span class=\"_ _0\"></span>t uses on<span class=\"_ _0\"></span>ly dat<span class=\"_ _0\"></span>a from ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gain or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in all oth<span class=\"_ _0\"></span>er ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d the timi<span class=\"_ _0\"></span>ng of rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d day one pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t is eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </span>am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>r the l<span class=\"_ _0\"></span>ife of t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>til t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>n be d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s or re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d through set<span class=\"_ _0\"></span>tlem<span class=\"_ _0\"></span>ent.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d only wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts to the cash flow<span class=\"_ _0\"></span>s from the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t expir<span class=\"_ _0\"></span>e, or wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isks a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds of o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip to a<span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thi<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se for c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral p<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y h<span class=\"_ _0\"></span>as co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive the ca<span class=\"_ _0\"></span>sh flows ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and whic<span class=\"_ _0\"></span>h is der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t and a corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its<span class=\"_ _0\"></span> return<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs into tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in its Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r all or subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> all of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are n<span class=\"_ _0\"></span>ot d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. E<span class=\"_ _6\"></span>xamp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ash c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nle<span class=\"_ _0\"></span>ss t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p d<span class=\"_ _0\"></span>efau<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ts on i<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> In tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r reta<span class=\"_ _0\"></span>ins no<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly all of the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rds of owne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and it<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ues to r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of i<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ing i<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt to<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons ex<span class=\"_ _0\"></span>pir<span class=\"_ _0\"></span>e or are disc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or ca<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up al<span class=\"_ _0\"></span>so der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s term<span class=\"_ _0\"></span>s are mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the ca<span class=\"_ _0\"></span>sh flows of the mod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> On de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at th<span class=\"_ _0\"></span>e date of dere<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng any new ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed le<span class=\"_ _0\"></span>ss any new lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d) is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Modification<span class=\"_ _3ad\"> </span>If the ter<span class=\"_ _0\"></span>ms of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t are mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tes wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the cas<span class=\"_ _0\"></span>h flows of the modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ass<span class=\"_ _0\"></span>et ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> If the cas<span class=\"_ _0\"></span>h flows are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to cash flows fr<span class=\"_ _0\"></span>om the or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et are de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>have exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. In this ca<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t is dere<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus any el<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es it<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts on in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on as meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ue thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e (F<span class=\"_ _6\"></span>VOC<span class=\"_ _0\"></span>I) and fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL).<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds on the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flow ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs an<span class=\"_ _0\"></span>d how they ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flow cha<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s test ai<span class=\"_ _0\"></span>ms to iden<span class=\"_ _0\"></span>tif<span class=\"_ _6\"></span>y those ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cash flow<span class=\"_ _0\"></span>s cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>sic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, i.e. whi<span class=\"_ _0\"></span>ch are \u2018so<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ly pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l and inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I). The bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el tes<span class=\"_ _0\"></span>t refe<span class=\"_ _0\"></span>rs to how an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with th<span class=\"_ _0\"></span>e obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves of gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t, F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s that gi<span class=\"_ _0\"></span>ve rise sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span>mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l whos<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve is to <span class=\"_ _3\"></span>hol<span class=\"_ _0\"></span>d the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t usi<span class=\"_ _0\"></span>ng the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Any gai<span class=\"_ _0\"></span>n or loss on de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion is als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI: fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ual te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s that give ri<span class=\"_ _0\"></span>se sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> </span>wh<span class=\"_ _0\"></span>ose ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>d by hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the asse<span class=\"_ _0\"></span>ts to col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r cash flo<span class=\"_ _0\"></span>ws and sel<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the<span class=\"_ _0\"></span>m. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d, for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ne<span class=\"_ _0\"></span>t gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. On der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, gai<span class=\"_ _0\"></span>ns and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in OCI are re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>: all oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Net gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st or di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me and for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, unle<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>ey ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts in ca<span class=\"_ _0\"></span>sh flow or ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the above<span class=\"_ _0\"></span>, on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up may ir<span class=\"_ _0\"></span>revo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate to F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise be me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI if doi<span class=\"_ _0\"></span>ng so eli<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or grea<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mism<span class=\"_ _0\"></span>atc<span class=\"_ _0\"></span>h.<span class=\"_ _3ad\"> </span>In mak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l cash flo<span class=\"_ _0\"></span>ws are con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th a basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (tha<span class=\"_ _0\"></span>t is,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s only co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risk<span class=\"_ _0\"></span>s and a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n that is co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with a basi<span class=\"_ _0\"></span>c len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt). This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term tha<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge the ti<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows suc<span class=\"_ _0\"></span>h tha<span class=\"_ _0\"></span>t it would no<span class=\"_ _0\"></span>t mee<span class=\"_ _0\"></span>t this co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. E<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of suc<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms to be cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt or tim<span class=\"_ _0\"></span>ing of cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, lever<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d exte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>t arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e ti<span class=\"_ _0\"></span>me va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of mo<span class=\"_ _0\"></span>ney (e.g. p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>c re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes). Th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s how the Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in orde<span class=\"_ _0\"></span>r to gene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, i.e. it refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flows fr<span class=\"_ _0\"></span>om ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bot<span class=\"_ _0\"></span>h the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d cash flows ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om the sal<span class=\"_ _0\"></span>e of asset<span class=\"_ _0\"></span>s. If nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of thes<span class=\"_ _0\"></span>e is appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e (for exampl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d for trad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses), the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mode<span class=\"_ _0\"></span>l is \u2018othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019 an<span class=\"_ _0\"></span>d the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Facto<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Gro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pas<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on how the cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span> for th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, how t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to key ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l, h<span class=\"_ _0\"></span>ow ri<span class=\"_ _0\"></span>sks a<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> managed<span class=\"_ _0\"></span>, and how managers are compensated.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l for cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar tho<span class=\"_ _0\"></span>se ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>s to fu<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ts li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e is eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n basi<span class=\"_ _0\"></span>s, as sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t bu<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng and se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is unde<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>take<span class=\"_ _0\"></span>n on a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r basis to reba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e its por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o and to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> flows fr<span class=\"_ _0\"></span>om tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts do not fol<span class=\"_ _0\"></span>low a \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _6\"></span>\u2019 or \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sell<span class=\"_ _0\"></span>\u2019<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el is also ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to rever<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and to de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives<span class=\"_ _0\"></span>. Equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>os fo<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>ong d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t in sur<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us to the IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ra<span class=\"_ _0\"></span>te expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, as well as asset<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with th<span class=\"_ _0\"></span>e SPP<span class=\"_ _0\"></span>I pri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Receivables are<span class=\"_ _3\"></span> accounted for<span class=\"_ _3\"></span> at amortised cost.<span class=\"_ _3ad\"> </span>Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3\"></span> contract<span class=\"_ _3\"></span> liabilities<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is bec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, as well as the re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. F<span class=\"_ _0\"></span>or u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e to the v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nds a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span>Bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ngs are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d init<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y at fair value<span class=\"_ _0\"></span>, net of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Bor<span class=\"_ _0\"></span>rowi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e diffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other <span class=\"_ _3\"></span>financial <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d trail c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _6\"></span>, whil<span class=\"_ _0\"></span>e othe<span class=\"_ _0\"></span>r payable<span class=\"_ _3\"></span> balances ar<span class=\"_ _3\"></span>e measured at<span class=\"_ _3\"></span> amor<span class=\"_ _0\"></span>tised cost.<span class=\"_ _3ad\"> </span>Derivativ<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te on w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n tho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh flow or net inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng and<span class=\"_ _0\"></span>, are the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. If such a hyb<span class=\"_ _0\"></span>rid co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins a hos<span class=\"_ _0\"></span>t that is a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts for an em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ho<span class=\"_ _0\"></span>st c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">it<span class=\"_ _0\"></span>s eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks are not cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y rela<span class=\"_ _0\"></span>ted to thos<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the te<span class=\"_ _0\"></span>rms of the em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve would have me<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive if the<span class=\"_ _0\"></span>y were co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the hy<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t is not me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ves are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, unl<span class=\"_ _0\"></span>ess th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ses to desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re hyb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>A de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in a h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is n<span class=\"_ _0\"></span>ot ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve it<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>f mee<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Coll<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is not le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>lly se<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the Gro<span class=\"_ _0\"></span>up, is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the rep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Howeve<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up has a cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly en<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le leg<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to ne<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>how<span class=\"_ _0\"></span>n ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved is not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of the co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia from th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ch c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is typ<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: (a<span class=\"_ _3\"></span>) sells or re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts in the<span class=\"_ _0\"></span> abs<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to retu<span class=\"_ _0\"></span>rn thi<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a liabil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; or (<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is seize<span class=\"_ _0\"></span>d and re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>ly se<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p, is de<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n with a co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n. No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al ple<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d is not der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts on its ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e rele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t within Financial<span class=\"_ _3\"></span> investments.<span class=\"_ _3ad\"> </span>Im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es on a for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng bas<span class=\"_ _0\"></span>is the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s (ECL) ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for suc<span class=\"_ _0\"></span>h loss<span class=\"_ _0\"></span>es at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date. E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value of the<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n all co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ca<span class=\"_ _0\"></span>sh flows tha<span class=\"_ _0\"></span>t are due an<span class=\"_ _0\"></span>d all cas<span class=\"_ _0\"></span>h flows that th<span class=\"_ _0\"></span>e enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive (i.e<span class=\"_ _0\"></span>. the cas<span class=\"_ _0\"></span>h sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>l)<span class=\"_ _0\"></span>, weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e new s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>n be e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al to an a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g to a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL or a life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>feti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L is the ECL resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from all po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts over the exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted life of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t; a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL is the por<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>on of lifeti<span class=\"_ _0\"></span>me ECL res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m defau<span class=\"_ _0\"></span>lt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _c\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t are pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs af<span class=\"_ _0\"></span>ter the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> date<span class=\"_ _0\"></span>. For a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t that is cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t that is not a pur<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>ed fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s gr<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue of e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flows<span class=\"_ _0\"></span>, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate. A<span class=\"_ _0\"></span>ny adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is reco<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss as an impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ga<span class=\"_ _0\"></span>in or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt on a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t as the ina<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to mee<span class=\"_ _0\"></span>t in full an<span class=\"_ _0\"></span>d on time an or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l prom<span class=\"_ _0\"></span>ise of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows, th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ny bre<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e, by any amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t or time (i<span class=\"_ _0\"></span>n exces<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>any po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l plan<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d gr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d)<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tes a defau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t use<span class=\"_ _0\"></span>d for inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ECL mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l is <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>un fro<span class=\"_ _0\"></span>m the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d its ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted at ever<span class=\"_ _6\"></span>y rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, even if no act<span class=\"_ _0\"></span>ual los<span class=\"_ _0\"></span>s even<span class=\"_ _0\"></span>ts have take<span class=\"_ _0\"></span>n plac<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of upda<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts of the ECL mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whil<span class=\"_ _0\"></span>e for asse<span class=\"_ _0\"></span>ts at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI an equ<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d opp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed in oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> comprehensive<span class=\"_ _3\"></span> income. In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ECL<span class=\"_ _0\"></span>s at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>al to 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mon<span class=\"_ _0\"></span>th EC<span class=\"_ _0\"></span>L or lifeti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, at each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up is re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to asses<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h \u2018sta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019 a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t fall<span class=\"_ _0\"></span>s into. S<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn of det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk of a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t ul<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y heal<span class=\"_ _0\"></span>thy fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h thei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>s of </span>in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 2 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cred<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, bu<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are not cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _3ad\"> </span></span>impaired; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 3 app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></span>Wh<span class=\"_ _0\"></span>en fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e unde<span class=\"_ _0\"></span>r S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1, <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are und<span class=\"_ _0\"></span>er S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e 2 <span class=\"_ _3\"></span>or 3, life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> An in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t moves down (or up) <span class=\"_ _3\"></span>the st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>IC<span class=\"_ _0\"></span>R) has hap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d (or <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>s rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d).<span class=\"_ _0\"></span> Wh<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve, t<span class=\"_ _0\"></span>hat i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and i<span class=\"_ _0\"></span>s avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>for<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ard<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on at its dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l. Key indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er a SIC<span class=\"_ _0\"></span>R has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed (eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or in combination)<span class=\"_ _3\"></span> are:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ade b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on d<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dat<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he le<span class=\"_ _0\"></span>vel of d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </span>usi<span class=\"_ _0\"></span>ng a rela<span class=\"_ _0\"></span>tive ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>rix<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on the inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 \u2018wa<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>hli<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u2019;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal \u2018cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it watc<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts\u2019; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a manu<span class=\"_ _0\"></span>al shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>t of an <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to Sta<span class=\"_ _0\"></span>ge 2 on an excep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l basis (whe<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ons of IF<span class=\"_ _0\"></span>RS 9 incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a rebu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le pre<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et has in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> wh<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ore t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n 30 d<span class=\"_ _0\"></span>ays pas<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is ta<span class=\"_ _0\"></span>ken i<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>is as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of a <span class=\"_ _c\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>ble in IF<span class=\"_ _0\"></span>RS 9 whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it ca<span class=\"_ _0\"></span>n be assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt has no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to have low cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rs). This all<span class=\"_ _0\"></span>ows rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECLs as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to, poten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>lif<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>Ls<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to be th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n of go<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>i.e. i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s) as at the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th a globa<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>too<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of \u2018low cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s ECL<span class=\"_ _0\"></span>s on its fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t and de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t impa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by usin<span class=\"_ _0\"></span>g the pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of defau<span class=\"_ _0\"></span>lt ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h. Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on this met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the ECL<span class=\"_ _0\"></span>s are a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>alls<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>.e. th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s of a def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r thi<span class=\"_ _0\"></span>s pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he key<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to be cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d are the Pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Defau<span class=\"_ _0\"></span>lt (P<span class=\"_ _0\"></span>D), <span class=\"_ _3\"></span>i.e<span class=\"_ _0\"></span>. the esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the likeli<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>od of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t over a <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span> or life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e); the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive Los<span class=\"_ _0\"></span>s Give<span class=\"_ _0\"></span>n Defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t (LGD); and the E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e at Defau<span class=\"_ _0\"></span>lt (E<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>D). In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nth or life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me PD<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s util<span class=\"_ _0\"></span>ise his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta ob<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m S&amp;<span class=\"_ _0\"></span>P and Mo<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s in orde<span class=\"_ _0\"></span>r to evalua<span class=\"_ _0\"></span>te tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s (i.e. the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that a sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s rati<span class=\"_ _0\"></span>ng in a given yea<span class=\"_ _0\"></span>r) and defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s sce<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al sca<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the PD<span class=\"_ _0\"></span>s for for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e final PD<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by the mod<span class=\"_ _0\"></span>el are un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, i.e. the<span class=\"_ _0\"></span>y inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te both th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of not def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il th<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t of th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>at p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d to<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>em to b<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d over 12 mon<span class=\"_ _0\"></span>ths to p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>D es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>r ove<span class=\"_ _0\"></span>r all r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs to pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> PD estimates.<span class=\"_ _3ad\"> </span>LGD is the mag<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>de of the likel<span class=\"_ _0\"></span>y los<span class=\"_ _0\"></span>s if ther<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, base<span class=\"_ _0\"></span>d on the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes of clai<span class=\"_ _0\"></span>ms agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>D rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re in the even<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes LGD bas<span class=\"_ _0\"></span>ed on the his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>over<span class=\"_ _6\"></span>y rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. A<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate hai<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>ne un<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d LGDs and us<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>es to es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate LGD for ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed a simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h for trad<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is allo<span class=\"_ _0\"></span>ws mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y remov<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ne<span class=\"_ _0\"></span>ed to ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y SI<span class=\"_ _0\"></span>CR<span class=\"_ _0\"></span>s. For th<span class=\"_ _0\"></span>ese bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n matr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate suc<span class=\"_ _0\"></span>h life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is is a prac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l expe<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>ed by IFR<span class=\"_ _0\"></span>S 9 wher<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y histo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loss ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d fixed lo<span class=\"_ _0\"></span>ss rate<span class=\"_ _0\"></span>s are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. His<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s rate<span class=\"_ _0\"></span>s are adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d to allow for for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g info<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Hedge accounting<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia ar<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flow of the de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g can be app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fair valu<span class=\"_ _0\"></span>e move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>a rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or an unre<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, or a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of any suc<span class=\"_ _0\"></span>h </span>ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, that is at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to a <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r risk an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0 ls78 ws7f\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in cash flo<span class=\"_ _0\"></span>ws at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> to <span class=\"_ _3\"></span>a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h all<span class=\"_ _0\"></span>, or a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of, a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, </span>or a high<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, that co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to the c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy r<span class=\"_ _0\"></span>isk a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th a n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n a fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d the hed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th the ri<span class=\"_ _0\"></span>sk man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, are doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d form<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d how t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up w<span class=\"_ _0\"></span>ill as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>). A he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng if it mee<span class=\"_ _0\"></span>ts all of the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is an ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk do<span class=\"_ _0\"></span>es not do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate th<span class=\"_ _0\"></span>e value ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m that ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tio of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p is th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e as th<span class=\"_ _0\"></span>at r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y of the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> </span>the q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>es to h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t qua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te risks on it<span class=\"_ _0\"></span>s fixed ra<span class=\"_ _0\"></span>te US<span class=\"_ _0\"></span>D den<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs (the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>ms),<span class=\"_ _0\"></span> usi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate swa<span class=\"_ _0\"></span>ps (th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s). It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ain o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ite<span class=\"_ _0\"></span>ms i<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and in a sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. The gai<span class=\"_ _0\"></span>n or loss re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d imm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>m affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at wo<span class=\"_ _0\"></span>uld b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved to s<span class=\"_ _0\"></span>ell a<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or pa<span class=\"_ _0\"></span>id to tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> measuremen<span class=\"_ _0\"></span>t date.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le and un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>a obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew of marke<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the ab<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ilis<span class=\"_ _0\"></span>es te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat m<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se of ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e use of u<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce. In ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n circ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. If t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is ev<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>on to a q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket fo<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span> ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, or i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at u<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y da<span class=\"_ _0\"></span>ta fr<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gai<span class=\"_ _0\"></span>n or loss in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. In all oth<span class=\"_ _0\"></span>er cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at init<span class=\"_ _0\"></span>ial rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pric<span class=\"_ _0\"></span>e is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t over the life<span class=\"_ _0\"></span> of the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m a ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge i<span class=\"_ _0\"></span>n a fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tim<span class=\"_ _0\"></span>e) that m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the instru<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-715": {
   "value": "Recognition<span class=\"_ _c\"></span> and derecognition<span class=\"_ _3ad\"> </span>Ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is on the trad<span class=\"_ _0\"></span>e date<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h is the date on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of the inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. A fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is init<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e plus<span class=\"_ _0\"></span>, for a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t or fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y not mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to its acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e on i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">wh<span class=\"_ _0\"></span>en the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e is evide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>quo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pric<span class=\"_ _0\"></span>e in an act<span class=\"_ _0\"></span>ive mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t for an iden<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (i.e. a Level 1 inpu<span class=\"_ _0\"></span>t) or base<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span> </span>tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue tha<span class=\"_ _0\"></span>t uses on<span class=\"_ _0\"></span>ly dat<span class=\"_ _0\"></span>a from ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gain or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in all oth<span class=\"_ _0\"></span>er ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d the timi<span class=\"_ _0\"></span>ng of rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d day one pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>t is eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </span>am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>r the l<span class=\"_ _0\"></span>ife of t<span class=\"_ _0\"></span>he in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>til t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>n be d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s or re<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d through set<span class=\"_ _0\"></span>tlem<span class=\"_ _0\"></span>ent.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d only wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ts to the cash flow<span class=\"_ _0\"></span>s from the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t expir<span class=\"_ _0\"></span>e, or wh<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isks a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds of o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip to a<span class=\"_ _0\"></span>not<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thi<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se for c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral p<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y h<span class=\"_ _0\"></span>as co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive the ca<span class=\"_ _0\"></span>sh flows ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and whic<span class=\"_ _0\"></span>h is der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t and a corr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its<span class=\"_ _0\"></span> return<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs into tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in its Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r all or subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> all of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>rds o<span class=\"_ _0\"></span>f the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are n<span class=\"_ _0\"></span>ot d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. E<span class=\"_ _6\"></span>xamp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of su<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ash c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nle<span class=\"_ _0\"></span>ss t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p d<span class=\"_ _0\"></span>efau<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ts on i<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> In tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r reta<span class=\"_ _0\"></span>ins no<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly all of the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rds of owne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t and it<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l ove<span class=\"_ _0\"></span>r the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ues to r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of i<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ing i<span class=\"_ _0\"></span>nvol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt to<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in t<span class=\"_ _0\"></span>he va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons ex<span class=\"_ _0\"></span>pir<span class=\"_ _0\"></span>e or are disc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or ca<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up al<span class=\"_ _0\"></span>so der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span> a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>en it<span class=\"_ _0\"></span>s term<span class=\"_ _0\"></span>s are mod<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the ca<span class=\"_ _0\"></span>sh flows of the mod<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, in whic<span class=\"_ _0\"></span>h case a new fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e modi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> On de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et or fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt at th<span class=\"_ _0\"></span>e date of dere<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng any new ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed le<span class=\"_ _0\"></span>ss any new lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d) is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-716": {
   "value": "Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es it<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts on in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on as meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ue thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e (F<span class=\"_ _6\"></span>VOC<span class=\"_ _0\"></span>I) and fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL).<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds on the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flow ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs an<span class=\"_ _0\"></span>d how they ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flow cha<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s test ai<span class=\"_ _0\"></span>ms to iden<span class=\"_ _0\"></span>tif<span class=\"_ _6\"></span>y those ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cash flow<span class=\"_ _0\"></span>s cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>sic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, i.e. whi<span class=\"_ _0\"></span>ch are \u2018so<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ly pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l and inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>I). The bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el tes<span class=\"_ _0\"></span>t refe<span class=\"_ _0\"></span>rs to how an enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with th<span class=\"_ _0\"></span>e obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves of gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne wh<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t, F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>I or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term<span class=\"_ _0\"></span>s that gi<span class=\"_ _0\"></span>ve rise sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span>mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l whos<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve is to <span class=\"_ _3\"></span>hol<span class=\"_ _0\"></span>d the ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t usi<span class=\"_ _0\"></span>ng the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Any gai<span class=\"_ _0\"></span>n or loss on de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion is als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI: fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ual te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s that give ri<span class=\"_ _0\"></span>se sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t and pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal ca<span class=\"_ _0\"></span>sh flows<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are hel<span class=\"_ _0\"></span>d in a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> </span>wh<span class=\"_ _0\"></span>ose ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>d by hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the asse<span class=\"_ _0\"></span>ts to col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r cash flo<span class=\"_ _0\"></span>ws and sel<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the<span class=\"_ _0\"></span>m. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d, for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es and im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ne<span class=\"_ _0\"></span>t gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. On der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, gai<span class=\"_ _0\"></span>ns and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in OCI are re<span class=\"_ _0\"></span>cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>: all oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Net gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st or di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me and for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, unle<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>ey ari<span class=\"_ _0\"></span>se fro<span class=\"_ _0\"></span>m der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts in ca<span class=\"_ _0\"></span>sh flow or ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the above<span class=\"_ _0\"></span>, on ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up may ir<span class=\"_ _0\"></span>revo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate to F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise be me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI if doi<span class=\"_ _0\"></span>ng so eli<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s or grea<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mism<span class=\"_ _0\"></span>atc<span class=\"_ _0\"></span>h.<span class=\"_ _3ad\"> </span>In mak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the SP<span class=\"_ _0\"></span>PI ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l cash flo<span class=\"_ _0\"></span>ws are con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th a basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (tha<span class=\"_ _0\"></span>t is,<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s only co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on for th<span class=\"_ _0\"></span>e time valu<span class=\"_ _0\"></span>e of mone<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r basic le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risk<span class=\"_ _0\"></span>s and a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rofi<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n that is co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with a basi<span class=\"_ _0\"></span>c len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt). This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l term tha<span class=\"_ _0\"></span>t cou<span class=\"_ _0\"></span>ld ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge the ti<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>g or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows suc<span class=\"_ _0\"></span>h tha<span class=\"_ _0\"></span>t it would no<span class=\"_ _0\"></span>t mee<span class=\"_ _0\"></span>t this co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. E<span class=\"_ _0\"></span>xam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of suc<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms to be cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d are co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>nt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt or tim<span class=\"_ _0\"></span>ing of cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, lever<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d exte<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>t arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d feat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e ti<span class=\"_ _0\"></span>me va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of mo<span class=\"_ _0\"></span>ney (e.g. p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>odi<span class=\"_ _0\"></span>c re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes). Th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s how the Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in orde<span class=\"_ _0\"></span>r to gene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>, i.e. it refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive is sol<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l cash flows fr<span class=\"_ _0\"></span>om ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>lle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bot<span class=\"_ _0\"></span>h the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h flows an<span class=\"_ _0\"></span>d cash flows ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om the sal<span class=\"_ _0\"></span>e of asset<span class=\"_ _0\"></span>s. If nei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of thes<span class=\"_ _0\"></span>e is appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e (for exampl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are hel<span class=\"_ _0\"></span>d for trad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses), the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mode<span class=\"_ _0\"></span>l is \u2018othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019 an<span class=\"_ _0\"></span>d the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Facto<span class=\"_ _0\"></span>rs co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed by the Gro<span class=\"_ _0\"></span>up in de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l for a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pas<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on how the cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span> for th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, how t<span class=\"_ _0\"></span>he as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to key ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l, h<span class=\"_ _0\"></span>ow ri<span class=\"_ _0\"></span>sks a<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> managed<span class=\"_ _0\"></span>, and how managers are compensated.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l for cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, in par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar tho<span class=\"_ _0\"></span>se ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>s to fu<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ts li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e is eval<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>n a tot<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n basi<span class=\"_ _0\"></span>s, as sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t bu<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng and se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is unde<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>take<span class=\"_ _0\"></span>n on a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r basis to reba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e its por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o and to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> flows fr<span class=\"_ _0\"></span>om tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts do not fol<span class=\"_ _0\"></span>low a \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _6\"></span>\u2019 or \u2018he<span class=\"_ _0\"></span>ld to coll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sell<span class=\"_ _0\"></span>\u2019<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, and are th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. This bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el is also ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to rever<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and to de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives<span class=\"_ _0\"></span>. Equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d in s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>os fo<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>ong d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t in sur<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us to the IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ris<span class=\"_ _0\"></span>k adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ra<span class=\"_ _0\"></span>te expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, as well as asset<span class=\"_ _0\"></span>s bac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with th<span class=\"_ _0\"></span>e SPP<span class=\"_ _0\"></span>I pri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Receivables are<span class=\"_ _3\"></span> accounted for<span class=\"_ _3\"></span> at amortised cost.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-717": {
   "value": "Cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t or F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3\"></span> contract<span class=\"_ _3\"></span> liabilities<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is bec<span class=\"_ _0\"></span>aus<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, as well as the re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, ar<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a f<span class=\"_ _0\"></span>air va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. F<span class=\"_ _0\"></span>or u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e to the v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>es of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nds a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span>Bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ngs are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d init<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y at fair value<span class=\"_ _0\"></span>, net of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Bor<span class=\"_ _0\"></span>rowi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e diffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d us<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Other <span class=\"_ _3\"></span>financial <span class=\"_ _c\"></span>liabilities<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, rep<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d trail c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _6\"></span>, whil<span class=\"_ _0\"></span>e othe<span class=\"_ _0\"></span>r payable<span class=\"_ _3\"></span> balances ar<span class=\"_ _3\"></span>e measured at<span class=\"_ _3\"></span> amor<span class=\"_ _0\"></span>tised cost.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-747": {
   "value": "Derivativ<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te on w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n tho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh flow or net inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng and<span class=\"_ _0\"></span>, are the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. If such a hyb<span class=\"_ _0\"></span>rid co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins a hos<span class=\"_ _0\"></span>t that is a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts for an em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ho<span class=\"_ _0\"></span>st c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">it<span class=\"_ _0\"></span>s eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks are not cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y rela<span class=\"_ _0\"></span>ted to thos<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the te<span class=\"_ _0\"></span>rms of the em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve would have me<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive if the<span class=\"_ _0\"></span>y were co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the hy<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t is not me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ves are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, unl<span class=\"_ _0\"></span>ess th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ses to desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re hyb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>A de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in a h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is n<span class=\"_ _0\"></span>ot ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve it<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>f mee<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-718": {
   "value": "Derivativ<span class=\"_ _3\"></span>es<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te on w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nto. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n tho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh flow or net inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng and<span class=\"_ _0\"></span>, are the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for at <span class=\"_ _3\"></span>F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. If such a hyb<span class=\"_ _0\"></span>rid co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins a hos<span class=\"_ _0\"></span>t that is a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t for cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts for an em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e ho<span class=\"_ _0\"></span>st c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">it<span class=\"_ _0\"></span>s eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c char<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s and ris<span class=\"_ _0\"></span>ks are not cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y rela<span class=\"_ _0\"></span>ted to thos<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the te<span class=\"_ _0\"></span>rms of the em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve would have me<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive if the<span class=\"_ _0\"></span>y were co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in a <span class=\"_ _c\"></span>s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the hy<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t is not me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ves are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for at F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, unl<span class=\"_ _0\"></span>ess th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ch<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ses to desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate the en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re hyb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>A de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in a h<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is n<span class=\"_ _0\"></span>ot ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e hos<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t if t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>ed d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve it<span class=\"_ _0\"></span>sel<span class=\"_ _0\"></span>f mee<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an insur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or rein<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Hedge accounting<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia ar<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flow of the de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g can be app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fair valu<span class=\"_ _0\"></span>e move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>a rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or an unre<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, or a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of any suc<span class=\"_ _0\"></span>h </span>ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, that is at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to a <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r risk an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0 ls78 ws7f\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in cash flo<span class=\"_ _0\"></span>ws at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> to <span class=\"_ _3\"></span>a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h all<span class=\"_ _0\"></span>, or a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of, a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, </span>or a high<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, that co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to the c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy r<span class=\"_ _0\"></span>isk a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th a n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n a fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d the hed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th the ri<span class=\"_ _0\"></span>sk man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, are doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d form<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d how t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up w<span class=\"_ _0\"></span>ill as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>). A he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng if it mee<span class=\"_ _0\"></span>ts all of the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is an ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk do<span class=\"_ _0\"></span>es not do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate th<span class=\"_ _0\"></span>e value ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m that ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tio of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p is th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e as th<span class=\"_ _0\"></span>at r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y of the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> </span>the q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>es to h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t qua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te risks on it<span class=\"_ _0\"></span>s fixed ra<span class=\"_ _0\"></span>te US<span class=\"_ _0\"></span>D den<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs (the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>ms),<span class=\"_ _0\"></span> usi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate swa<span class=\"_ _0\"></span>ps (th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s). It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ain o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ite<span class=\"_ _0\"></span>ms i<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and in a sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. The gai<span class=\"_ _0\"></span>n or loss re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d imm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>m affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-719": {
   "value": "Coll<span class=\"_ _0\"></span>ater<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is not le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>lly se<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the Gro<span class=\"_ _0\"></span>up, is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th a cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the rep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Howeve<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up has a cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly en<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le leg<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to ne<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>how<span class=\"_ _0\"></span>n ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved is not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer of the co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia from th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive of the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ch c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is typ<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: (a<span class=\"_ _3\"></span>) sells or re<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts in the<span class=\"_ _0\"></span> abs<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to retu<span class=\"_ _0\"></span>rn thi<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as a liabil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>; or (<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>the co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is seize<span class=\"_ _0\"></span>d and re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as an asse<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in the for<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is le<span class=\"_ _0\"></span>gal<span class=\"_ _0\"></span>ly se<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p, is de<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n with a co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for its re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n. No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al ple<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d is not der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d from th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts on its ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e rele<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>es to be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t within Financial<span class=\"_ _3\"></span> investments.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForCollateralExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-720": {
   "value": "Im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es on a for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng bas<span class=\"_ _0\"></span>is the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s (ECL) ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for suc<span class=\"_ _0\"></span>h loss<span class=\"_ _0\"></span>es at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date. E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value of the<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n all co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ca<span class=\"_ _0\"></span>sh flows tha<span class=\"_ _0\"></span>t are due an<span class=\"_ _0\"></span>d all cas<span class=\"_ _0\"></span>h flows that th<span class=\"_ _0\"></span>e enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive (i.e<span class=\"_ _0\"></span>. the cas<span class=\"_ _0\"></span>h sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>l)<span class=\"_ _0\"></span>, weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e new s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>n be e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al to an a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g to a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL or a life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>feti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L is the ECL resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from all po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts over the exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted life of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t; a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL is the por<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>on of lifeti<span class=\"_ _0\"></span>me ECL res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m defau<span class=\"_ _0\"></span>lt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _c\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t are pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs af<span class=\"_ _0\"></span>ter the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> date<span class=\"_ _0\"></span>. For a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t that is cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t that is not a pur<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>ed fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s gr<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue of e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flows<span class=\"_ _0\"></span>, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate. A<span class=\"_ _0\"></span>ny adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is reco<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss as an impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ga<span class=\"_ _0\"></span>in or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt on a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t as the ina<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to mee<span class=\"_ _0\"></span>t in full an<span class=\"_ _0\"></span>d on time an or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l prom<span class=\"_ _0\"></span>ise of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows, th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ny bre<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e, by any amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t or time (i<span class=\"_ _0\"></span>n exces<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>any po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l plan<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d gr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d)<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tes a defau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t use<span class=\"_ _0\"></span>d for inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ECL mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l is <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>un fro<span class=\"_ _0\"></span>m the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d its ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted at ever<span class=\"_ _6\"></span>y rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, even if no act<span class=\"_ _0\"></span>ual los<span class=\"_ _0\"></span>s even<span class=\"_ _0\"></span>ts have take<span class=\"_ _0\"></span>n plac<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of upda<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts of the ECL mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whil<span class=\"_ _0\"></span>e for asse<span class=\"_ _0\"></span>ts at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI an equ<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d opp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed in oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> comprehensive<span class=\"_ _3\"></span> income. In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ECL<span class=\"_ _0\"></span>s at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>al to 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mon<span class=\"_ _0\"></span>th EC<span class=\"_ _0\"></span>L or lifeti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, at each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up is re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to asses<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h \u2018sta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019 a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t fall<span class=\"_ _0\"></span>s into. S<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn of det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk of a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t ul<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y heal<span class=\"_ _0\"></span>thy fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h thei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>s of </span>in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 2 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cred<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, bu<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are not cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _3ad\"> </span></span>impaired; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 3 app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></span>Wh<span class=\"_ _0\"></span>en fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e unde<span class=\"_ _0\"></span>r S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1, <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are und<span class=\"_ _0\"></span>er S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e 2 <span class=\"_ _3\"></span>or 3, life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> An in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t moves down (or up) <span class=\"_ _3\"></span>the st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>IC<span class=\"_ _0\"></span>R) has hap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d (or <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>s rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d).<span class=\"_ _0\"></span> Wh<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve, t<span class=\"_ _0\"></span>hat i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and i<span class=\"_ _0\"></span>s avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>for<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ard<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on at its dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l. Key indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er a SIC<span class=\"_ _0\"></span>R has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed (eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or in combination)<span class=\"_ _3\"></span> are:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ade b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on d<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dat<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he le<span class=\"_ _0\"></span>vel of d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </span>usi<span class=\"_ _0\"></span>ng a rela<span class=\"_ _0\"></span>tive ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>rix<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on the inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 \u2018wa<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>hli<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u2019;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal \u2018cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it watc<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts\u2019; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a manu<span class=\"_ _0\"></span>al shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>t of an <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to Sta<span class=\"_ _0\"></span>ge 2 on an excep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l basis (whe<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ons of IF<span class=\"_ _0\"></span>RS 9 incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a rebu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le pre<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et has in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> wh<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ore t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n 30 d<span class=\"_ _0\"></span>ays pas<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is ta<span class=\"_ _0\"></span>ken i<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>is as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of a <span class=\"_ _c\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>ble in IF<span class=\"_ _0\"></span>RS 9 whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it ca<span class=\"_ _0\"></span>n be assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt has no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to have low cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rs). This all<span class=\"_ _0\"></span>ows rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECLs as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to, poten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>lif<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>Ls<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to be th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n of go<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>i.e. i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s) as at the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th a globa<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>too<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of \u2018low cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s ECL<span class=\"_ _0\"></span>s on its fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t and de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t impa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by usin<span class=\"_ _0\"></span>g the pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of defau<span class=\"_ _0\"></span>lt ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h. Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on this met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the ECL<span class=\"_ _0\"></span>s are a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>alls<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>.e. th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s of a def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r thi<span class=\"_ _0\"></span>s pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he key<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to be cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d are the Pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Defau<span class=\"_ _0\"></span>lt (P<span class=\"_ _0\"></span>D), <span class=\"_ _3\"></span>i.e<span class=\"_ _0\"></span>. the esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the likeli<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>od of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t over a <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span> or life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e); the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive Los<span class=\"_ _0\"></span>s Give<span class=\"_ _0\"></span>n Defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t (LGD); and the E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e at Defau<span class=\"_ _0\"></span>lt (E<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>D). In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nth or life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me PD<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s util<span class=\"_ _0\"></span>ise his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta ob<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m S&amp;<span class=\"_ _0\"></span>P and Mo<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s in orde<span class=\"_ _0\"></span>r to evalua<span class=\"_ _0\"></span>te tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s (i.e. the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that a sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s rati<span class=\"_ _0\"></span>ng in a given yea<span class=\"_ _0\"></span>r) and defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s sce<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al sca<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the PD<span class=\"_ _0\"></span>s for for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e final PD<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by the mod<span class=\"_ _0\"></span>el are un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, i.e. the<span class=\"_ _0\"></span>y inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te both th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of not def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il th<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t of th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>at p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d to<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>em to b<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d over 12 mon<span class=\"_ _0\"></span>ths to p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>D es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>r ove<span class=\"_ _0\"></span>r all r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs to pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> PD estimates.<span class=\"_ _3ad\"> </span>LGD is the mag<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>de of the likel<span class=\"_ _0\"></span>y los<span class=\"_ _0\"></span>s if ther<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, base<span class=\"_ _0\"></span>d on the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes of clai<span class=\"_ _0\"></span>ms agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>D rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re in the even<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes LGD bas<span class=\"_ _0\"></span>ed on the his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>over<span class=\"_ _6\"></span>y rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. A<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate hai<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>ne un<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d LGDs and us<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>es to es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate LGD for ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed a simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h for trad<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is allo<span class=\"_ _0\"></span>ws mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y remov<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ne<span class=\"_ _0\"></span>ed to ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y SI<span class=\"_ _0\"></span>CR<span class=\"_ _0\"></span>s. For th<span class=\"_ _0\"></span>ese bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n matr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate suc<span class=\"_ _0\"></span>h life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is is a prac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l expe<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>ed by IFR<span class=\"_ _0\"></span>S 9 wher<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y histo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loss ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d fixed lo<span class=\"_ _0\"></span>ss rate<span class=\"_ _0\"></span>s are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. His<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s rate<span class=\"_ _0\"></span>s are adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d to allow for for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g info<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-748": {
   "value": "Im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es on a for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng bas<span class=\"_ _0\"></span>is the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s (ECL) ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted wi<span class=\"_ _0\"></span>th its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d FV<span class=\"_ _0\"></span>OC<span class=\"_ _0\"></span>I, an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses a loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for suc<span class=\"_ _0\"></span>h loss<span class=\"_ _0\"></span>es at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date. E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value of the<span class=\"_ _0\"></span> dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n all co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ca<span class=\"_ _0\"></span>sh flows tha<span class=\"_ _0\"></span>t are due an<span class=\"_ _0\"></span>d all cas<span class=\"_ _0\"></span>h flows that th<span class=\"_ _0\"></span>e enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive (i.e<span class=\"_ _0\"></span>. the cas<span class=\"_ _0\"></span>h sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fal<span class=\"_ _0\"></span>l)<span class=\"_ _0\"></span>, weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>ir p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>oss a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e new s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>n be e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>al to an a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g to a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL or a life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>feti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L is the ECL resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from all po<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts over the exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted life of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t; a 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL is the por<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>on of lifeti<span class=\"_ _0\"></span>me ECL res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m defau<span class=\"_ _0\"></span>lt eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on a <span class=\"_ _c\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et tha<span class=\"_ _0\"></span>t are pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs af<span class=\"_ _0\"></span>ter the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> date<span class=\"_ _0\"></span>. For a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t that is cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t that is not a pur<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>ed fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s gr<span class=\"_ _0\"></span>oss c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue of e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flows<span class=\"_ _0\"></span>, dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t rate. A<span class=\"_ _0\"></span>ny adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is reco<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss as an impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ga<span class=\"_ _0\"></span>in or los<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt on a finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t as the ina<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to mee<span class=\"_ _0\"></span>t in full an<span class=\"_ _0\"></span>d on time an or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l prom<span class=\"_ _0\"></span>ise of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows, th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ny bre<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>thi<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e, by any amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t or time (i<span class=\"_ _0\"></span>n exces<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>any po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l plan<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d gr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d)<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tes a defau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t use<span class=\"_ _0\"></span>d for inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ECL mod<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l is <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>un fro<span class=\"_ _0\"></span>m the date of ini<span class=\"_ _0\"></span>tial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d its ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted at ever<span class=\"_ _6\"></span>y rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, even if no act<span class=\"_ _0\"></span>ual los<span class=\"_ _0\"></span>s even<span class=\"_ _0\"></span>ts have take<span class=\"_ _0\"></span>n plac<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of upda<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts of the ECL mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in the rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss di<span class=\"_ _0\"></span>rec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e it af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, whil<span class=\"_ _0\"></span>e for asse<span class=\"_ _0\"></span>ts at F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI an equ<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d opp<span class=\"_ _0\"></span>osi<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ed in oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> comprehensive<span class=\"_ _3\"></span> income. In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ECL<span class=\"_ _0\"></span>s at an amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>al to 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mon<span class=\"_ _0\"></span>th EC<span class=\"_ _0\"></span>L or lifeti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>, at each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up is re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to asses<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h \u2018sta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>\u2019 a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t fall<span class=\"_ _0\"></span>s into. S<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn of det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk of a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t ul<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y heal<span class=\"_ _0\"></span>thy fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h thei<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>s of </span>in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 2 inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cred<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, bu<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are not cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _3ad\"> </span></span>impaired; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 3 app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></span>Wh<span class=\"_ _0\"></span>en fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e unde<span class=\"_ _0\"></span>r S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge 1, <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are und<span class=\"_ _0\"></span>er S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e 2 <span class=\"_ _3\"></span>or 3, life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me ECL<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> An in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t moves down (or up) <span class=\"_ _3\"></span>the st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en a sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k (<span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>IC<span class=\"_ _0\"></span>R) has hap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d (or <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>s rever<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d).<span class=\"_ _0\"></span> Wh<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk of a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y sinc<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd su<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>th qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tive a<span class=\"_ _0\"></span>nd q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve, t<span class=\"_ _0\"></span>hat i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>leva<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and i<span class=\"_ _0\"></span>s avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hou<span class=\"_ _0\"></span>t u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ue c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>for<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> for<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ard<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on at its dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l. Key indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s use<span class=\"_ _0\"></span>d in orde<span class=\"_ _0\"></span>r to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er a SIC<span class=\"_ _0\"></span>R has oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed (eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or in combination)<span class=\"_ _3\"></span> are:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g gr<span class=\"_ _0\"></span>ade b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>rig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on d<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>nd re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dat<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he le<span class=\"_ _0\"></span>vel of d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by a<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </span>usi<span class=\"_ _0\"></span>ng a rela<span class=\"_ _0\"></span>tive ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g mat<span class=\"_ _0\"></span>rix<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on the inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 \u2018wa<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>hli<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>\u2019;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is iden<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d on inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal \u2018cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it watc<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts\u2019; an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">a manu<span class=\"_ _0\"></span>al shi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>t of an <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to Sta<span class=\"_ _0\"></span>ge 2 on an excep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l basis (whe<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ons of IF<span class=\"_ _0\"></span>RS 9 incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a rebu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le pre<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et has in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span> wh<span class=\"_ _0\"></span>en c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ore t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n 30 d<span class=\"_ _0\"></span>ays pas<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is ta<span class=\"_ _0\"></span>ken i<span class=\"_ _0\"></span>nto a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>is as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of a <span class=\"_ _c\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>die<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t availa<span class=\"_ _0\"></span>ble in IF<span class=\"_ _0\"></span>RS 9 whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by it ca<span class=\"_ _0\"></span>n be assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk on a fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt has no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease<span class=\"_ _0\"></span>d sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y sin<span class=\"_ _0\"></span>ce ini<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n if the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed to have low cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk at the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g date (<span class=\"_ _3\"></span>e.g<span class=\"_ _0\"></span>. inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rs). This all<span class=\"_ _0\"></span>ows rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECLs as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to, poten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>lif<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>me EC<span class=\"_ _0\"></span>Ls<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s is de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to be th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>se w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave be<span class=\"_ _0\"></span>en d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n of go<span class=\"_ _0\"></span>od c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>i.e. i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e as d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s) as at the r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, to the e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th a globa<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>too<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of \u2018low cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>\u2019.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s ECL<span class=\"_ _0\"></span>s on its fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t and de<span class=\"_ _0\"></span>bt ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t impa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by usin<span class=\"_ _0\"></span>g the pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of defau<span class=\"_ _0\"></span>lt ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h. Ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on this met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the ECL<span class=\"_ _0\"></span>s are a prob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>alls<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>.e. th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s of a def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r thi<span class=\"_ _0\"></span>s pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he key<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to be cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d are the Pr<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Defau<span class=\"_ _0\"></span>lt (P<span class=\"_ _0\"></span>D), <span class=\"_ _3\"></span>i.e<span class=\"_ _0\"></span>. the esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the likeli<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>od of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t over a <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n time ho<span class=\"_ _0\"></span>rizo<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths<span class=\"_ _0\"></span> or life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e); the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive Los<span class=\"_ _0\"></span>s Give<span class=\"_ _0\"></span>n Defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t (LGD); and the E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e at Defau<span class=\"_ _0\"></span>lt (E<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>D). In ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e 1<span class=\"_ _c\"></span>2-<span class=\"_ _6\"></span>mo<span class=\"_ _0\"></span>nth or life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me PD<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up\u2019s mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s util<span class=\"_ _0\"></span>ise his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>al da<span class=\"_ _0\"></span>ta ob<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m S&amp;<span class=\"_ _0\"></span>P and Mo<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s in orde<span class=\"_ _0\"></span>r to evalua<span class=\"_ _0\"></span>te tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s (i.e. the pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that a sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s rati<span class=\"_ _0\"></span>ng in a given yea<span class=\"_ _0\"></span>r) and defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, plu<span class=\"_ _0\"></span>s sce<span class=\"_ _0\"></span>nar<span class=\"_ _0\"></span>io<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al sca<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> the PD<span class=\"_ _0\"></span>s for for<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e final PD<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by the mod<span class=\"_ _0\"></span>el are un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>, i.e. the<span class=\"_ _0\"></span>y inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te both th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of not def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il th<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t of th<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>at p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>n the p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion n<span class=\"_ _0\"></span>ot h<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>d to<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s all<span class=\"_ _0\"></span>ows th<span class=\"_ _0\"></span>em to b<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d over 12 mon<span class=\"_ _0\"></span>ths to p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e 1<span class=\"_ _3\"></span>2-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th P<span class=\"_ _0\"></span>D es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, o<span class=\"_ _0\"></span>r ove<span class=\"_ _0\"></span>r all r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs to pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>ime<span class=\"_ _0\"></span> PD estimates.<span class=\"_ _3ad\"> </span>LGD is the mag<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>de of the likel<span class=\"_ _0\"></span>y los<span class=\"_ _0\"></span>s if ther<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, base<span class=\"_ _0\"></span>d on the his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes of clai<span class=\"_ _0\"></span>ms agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> E<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>D rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re in the even<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes LGD bas<span class=\"_ _0\"></span>ed on the his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of rec<span class=\"_ _0\"></span>over<span class=\"_ _6\"></span>y rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. A<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate hai<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>bas<span class=\"_ _0\"></span>eli<span class=\"_ _0\"></span>ne un<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d LGDs and us<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th for<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>es to es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate LGD for ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed a simp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h for trad<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d finan<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is allo<span class=\"_ _0\"></span>ws mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y remov<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ne<span class=\"_ _0\"></span>ed to ide<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y SI<span class=\"_ _0\"></span>CR<span class=\"_ _0\"></span>s. For th<span class=\"_ _0\"></span>ese bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up make<span class=\"_ _0\"></span>s use of <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n matr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span> or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate suc<span class=\"_ _0\"></span>h life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e ECL<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is is a prac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l expe<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>ed by IFR<span class=\"_ _0\"></span>S 9 wher<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y histo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loss ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d fixed lo<span class=\"_ _0\"></span>ss rate<span class=\"_ _0\"></span>s are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. His<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s rate<span class=\"_ _0\"></span>s are adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d to allow for for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd lo<span class=\"_ _0\"></span>ok<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g info<span class=\"_ _0\"></span>rma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>An i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w of Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>neve<span class=\"_ _0\"></span>r eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts or c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t may not be rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et is gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r than it<span class=\"_ _0\"></span>s est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is<span class=\"_ _0\"></span> the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>\u2019s fair val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of dis<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l and v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it i<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n d<span class=\"_ _0\"></span>own i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y to it<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-749": {
   "value": "Hedge accounting<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g, p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia ar<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>r c<span class=\"_ _0\"></span>ash<span class=\"_ _0\"></span> flow of the de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g can be app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fair valu<span class=\"_ _0\"></span>e move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>a rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or an unre<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed fir<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, or a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of any suc<span class=\"_ _0\"></span>h </span>ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, that is at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to a <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r risk an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>ld af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0 ls78 ws7f\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in cash flo<span class=\"_ _0\"></span>ws at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> to <span class=\"_ _3\"></span>a par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h all<span class=\"_ _0\"></span>, or a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of, a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, </span>or a high<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>oba<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, that co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to the c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy r<span class=\"_ _0\"></span>isk a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th a n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n a fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d the hed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th the ri<span class=\"_ _0\"></span>sk man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t obj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>y for und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, are doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d form<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y at the inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e doc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ite<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d how t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up w<span class=\"_ _0\"></span>ill as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the a<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>nd h<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>). A he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>s for hed<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng if it mee<span class=\"_ _0\"></span>ts all of the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is an ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>m and th<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>;<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk do<span class=\"_ _0\"></span>es not do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate th<span class=\"_ _0\"></span>e value ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s that res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m that ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tio of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p is th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e as th<span class=\"_ _0\"></span>at r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e qu<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y of the h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> </span>the q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>he h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>es to h<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t qua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te risks on it<span class=\"_ _0\"></span>s fixed ra<span class=\"_ _0\"></span>te US<span class=\"_ _0\"></span>D den<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs (the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ite<span class=\"_ _0\"></span>ms),<span class=\"_ _0\"></span> usi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate swa<span class=\"_ _0\"></span>ps (th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s). It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>ain o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ite<span class=\"_ _0\"></span>ms i<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and in a sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. The gai<span class=\"_ _0\"></span>n or loss re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion is<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d imm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>n the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> ite<span class=\"_ _0\"></span>m affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-750": {
   "value": "Fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at wo<span class=\"_ _0\"></span>uld b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved to s<span class=\"_ _0\"></span>ell a<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or pa<span class=\"_ _0\"></span>id to tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> measuremen<span class=\"_ _0\"></span>t date.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le and un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>a obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew of marke<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the ab<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ilis<span class=\"_ _0\"></span>es te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat m<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se of ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e use of u<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce. In ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n circ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. If t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is ev<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>on to a q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket fo<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span> ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, or i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at u<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y da<span class=\"_ _0\"></span>ta fr<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gai<span class=\"_ _0\"></span>n or loss in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. In all oth<span class=\"_ _0\"></span>er cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at init<span class=\"_ _0\"></span>ial rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pric<span class=\"_ _0\"></span>e is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t over the life<span class=\"_ _0\"></span> of the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m a ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge i<span class=\"_ _0\"></span>n a fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tim<span class=\"_ _0\"></span>e) that m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the instru<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-721": {
   "value": "Fai<span class=\"_ _0\"></span>r value me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at wo<span class=\"_ _0\"></span>uld b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved to s<span class=\"_ _0\"></span>ell a<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or pa<span class=\"_ _0\"></span>id to tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in a<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> measuremen<span class=\"_ _0\"></span>t date.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le and un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>a obta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew of marke<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the ab<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ut<span class=\"_ _0\"></span>ilis<span class=\"_ _0\"></span>es te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>hat m<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se of ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>se th<span class=\"_ _0\"></span>e use of u<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>np<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of a <span class=\"_ _3\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inst<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t at init<span class=\"_ _0\"></span>ial re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on is nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce. In ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n circ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the fair<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. If t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e is ev<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>on to a q<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>n an a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket fo<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span> ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, or i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>at u<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y da<span class=\"_ _0\"></span>ta fr<span class=\"_ _0\"></span>om o<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a gai<span class=\"_ _0\"></span>n or loss in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. In all oth<span class=\"_ _0\"></span>er cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e at init<span class=\"_ _0\"></span>ial rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pric<span class=\"_ _0\"></span>e is defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t over the life<span class=\"_ _0\"></span> of the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>t ari<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m a ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge i<span class=\"_ _0\"></span>n a fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tim<span class=\"_ _0\"></span>e) that m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld t<span class=\"_ _0\"></span>ake in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the instru<span class=\"_ _0\"></span>ment<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-675": {
   "value": "Reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Insurance <span class=\"_ _3\"></span>revenue<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to be e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e for t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod of the tota<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts (i.e<span class=\"_ _0\"></span>. the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of prem<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms pai<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted for fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t (the tim<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of money<span class=\"_ _3\"></span>) and e<span class=\"_ _3\"></span>xcluding<span class=\"_ _3\"></span> any in<span class=\"_ _3\"></span>vestment components<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r a gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of:<span class=\"_ _0\"></span> \u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of the CS<span class=\"_ _0\"></span>M;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in th<span class=\"_ _0\"></span>e risk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ris<span class=\"_ _0\"></span>k rela<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>; </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng of the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved in the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r than tho<span class=\"_ _0\"></span>se tha<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>st r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms r<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to the r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s on t<span class=\"_ _0\"></span>he ba<span class=\"_ _0\"></span>sis of<span class=\"_ _0\"></span> </span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d; an<span class=\"_ _0\"></span>d \u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">oth<span class=\"_ _0\"></span>er am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g any othe<span class=\"_ _0\"></span>r pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flow asse<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at the date of ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span>Fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fo<span class=\"_ _0\"></span>r cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Fe<span class=\"_ _0\"></span>es c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n the c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual fe<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as reve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ue as t<span class=\"_ _0\"></span>he se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ly d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om fe<span class=\"_ _0\"></span>es fo<span class=\"_ _0\"></span>r ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng of f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds in p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on p<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>s. R<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span> ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d on the timi<span class=\"_ _0\"></span>ng or tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. In the ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce fee<span class=\"_ _0\"></span>s whe<span class=\"_ _0\"></span>re reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e is subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to mee<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e thre<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e is not rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d unti<span class=\"_ _0\"></span>l the co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>, and it is hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t no sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t rever<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d occ<span class=\"_ _0\"></span>ur. V<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted to sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d over w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>s ear<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fee<span class=\"_ _0\"></span>s are cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>es for cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Su<span class=\"_ _0\"></span>ch fee<span class=\"_ _0\"></span>s are cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed at the tim<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n takes pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e and are bas<span class=\"_ _0\"></span>ed on the<span class=\"_ _0\"></span> size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Other operational<span class=\"_ _c\"></span> income from contracts<span class=\"_ _3\"></span> with customers<span class=\"_ _3ad\"> </span>House building<span class=\"_ _3ad\"> </span>Ho<span class=\"_ _0\"></span>use b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ing r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e sal<span class=\"_ _0\"></span>e of re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd la<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d ne<span class=\"_ _0\"></span>t of di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d sal<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves. I<span class=\"_ _0\"></span>t al<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es sale pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. Sal<span class=\"_ _0\"></span>es of pri<span class=\"_ _0\"></span>vate ho<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on leg<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. Sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l hou<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d so<span class=\"_ _0\"></span>ld u<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r a c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h a sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er, t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y a ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> tim<span class=\"_ _0\"></span>e in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e with co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss. S<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>s of land and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on unc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, nam<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y whe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or m<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve rese<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t judg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d regi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al var<span class=\"_ _0\"></span>iati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Warr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on all prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m 2-<span class=\"_ _3\"></span>10 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Due to thei<span class=\"_ _0\"></span>r featu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>ese do no<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. Profe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s fe<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s profe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es fe<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m pr<span class=\"_ _0\"></span>ofes<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>d su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>yor<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d thi<span class=\"_ _0\"></span>rd<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fee<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se fe<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n fee s<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Reve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ue is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wh<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>he se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e has b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> render<span class=\"_ _3\"></span>ed.<span class=\"_ _3ad\"> </span>In ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ves p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nveya<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se ar<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on an agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>uld be tie<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on volu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. The ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in su<span class=\"_ _0\"></span>ch ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>sa<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed on co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, at whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t the reven<span class=\"_ _0\"></span>ue is re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re is no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t judg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e timi<span class=\"_ _0\"></span>ng or amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of fee reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ker fe<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>Fee<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d on e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce o<span class=\"_ _0\"></span>bli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to the c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r as p<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>he ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re. R<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e for p<span class=\"_ _0\"></span>lac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt s<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at the poi<span class=\"_ _0\"></span>nt in tim<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>n the int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y has satis<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed it<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>at is whe<span class=\"_ _0\"></span>n the ter<span class=\"_ _0\"></span>ms of the insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y have be<span class=\"_ _0\"></span>en ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r and po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>er has a pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rig<span class=\"_ _0\"></span>ht to paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m the pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d on the timi<span class=\"_ _0\"></span>ng or tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>return<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed fai<span class=\"_ _0\"></span>r value ga<span class=\"_ _0\"></span>ins an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fair valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>, rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s are a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n an ex-<span class=\"_ _6\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e is re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s it a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in<span class=\"_ _0\"></span>to ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d on t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. R<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on a<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>als b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd is g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ne ba<span class=\"_ _0\"></span>sis u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>re is co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e that be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts do not ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e evenl<span class=\"_ _0\"></span>y over the pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of the lea<span class=\"_ _0\"></span>se. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e for fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are no<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s (F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L) is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>A gain or los<span class=\"_ _0\"></span>s on a <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is onl<span class=\"_ _0\"></span>y reali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on disp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l or tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d is the dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>, ne<span class=\"_ _0\"></span>t of tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>ts or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t or a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, as a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te. Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d gai<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s on i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>isp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d gai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r and t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>t the p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vio<span class=\"_ _0\"></span>us ye<span class=\"_ _0\"></span>ar e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span> or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, less t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>ever<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of pr<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y un<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s in re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>f dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sal<span class=\"_ _0\"></span>s mad<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-765": {
   "value": "In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ey are in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y exclu<span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed by los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls3 ws6c\">insurance acquisition cost a<span class=\"_ _3\"></span>sset impairment.<span class=\"_ _3ad\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-676": {
   "value": "In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ey are in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y exclu<span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed by los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls3 ws6c\">insurance acquisition cost a<span class=\"_ _3\"></span>sset impairment.<span class=\"_ _3ad\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-722": {
   "value": "In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ey are in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y exclu<span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed by los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls3 ws6c\">insurance acquisition cost a<span class=\"_ _3\"></span>sset impairment.<span class=\"_ _3ad\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredAcquisitionCostsArisingFromInsuranceContractsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-751": {
   "value": "In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ey are in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y exclu<span class=\"_ _0\"></span>de re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed by los<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es;<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on cos<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls3 ws6c\">insurance acquisition cost a<span class=\"_ _3\"></span>sset impairment.<span class=\"_ _3ad\"> </span></span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-677": {
   "value": "Dividends<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>im d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds o<span class=\"_ _0\"></span>n ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d in w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re pa<span class=\"_ _0\"></span>id. F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s on o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span> are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as a lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in th<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey have b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-678": {
   "value": "Earnings per share<span class=\"_ _3ad\"> </span>Ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>e is a <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of the por<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pro<span class=\"_ _0\"></span>fit all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to each ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g shar<span class=\"_ _0\"></span>e. It is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d by divi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng ne<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s by th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>f ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>res i<span class=\"_ _0\"></span>n is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, exclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s. For thi<span class=\"_ _0\"></span>s pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, net in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me is de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as the pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t af<span class=\"_ _0\"></span>ter ta<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>, at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d from<span class=\"_ _0\"></span> continuing operations. For di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ted ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>e, the we<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s in issu<span class=\"_ _0\"></span>e, excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s, is adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>on of a<span class=\"_ _0\"></span>ll di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l or c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sh<span class=\"_ _0\"></span>are i<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> are t<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as di<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tive w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wou<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se n<span class=\"_ _0\"></span>et e<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ngs p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-771": {
   "value": "Intangible <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t of ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s par<span class=\"_ _6\"></span>t of a bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> relationsh<span class=\"_ _3\"></span>ips and<span class=\"_ _3\"></span> brand). Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, they are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed at cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usefu<span class=\"_ _0\"></span>l life on a st<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. C<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nall<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>an b<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y, the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ly an<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly feas<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ds to and has suffi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te suc<span class=\"_ _0\"></span>h deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and to use or sell th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e, su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as incu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed v<span class=\"_ _0\"></span>ia bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>lin<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> estimated useful life. Th<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s for inta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">IT d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>: 3 \u2013 1<span class=\"_ _3\"></span>0 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls7a ws80\">Customer relationship: 3 y<span class=\"_ _3\"></span>ears<span class=\"_ _3ad\"> </span></span>Am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s, use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives an<span class=\"_ _0\"></span>d any expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s are rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bra<span class=\"_ _0\"></span>nd bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up is dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to have an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul life and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e not amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-723": {
   "value": "Intangible <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t of ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s par<span class=\"_ _6\"></span>t of a bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> relationsh<span class=\"_ _3\"></span>ips and<span class=\"_ _3\"></span> brand). Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, they are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed at cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usefu<span class=\"_ _0\"></span>l life on a st<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. C<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nall<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>an b<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y, the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ly an<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly feas<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ds to and has suffi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te suc<span class=\"_ _0\"></span>h deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and to use or sell th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e, su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as incu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed v<span class=\"_ _0\"></span>ia bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>lin<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> estimated useful life. Th<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s for inta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">IT d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>: 3 \u2013 1<span class=\"_ _3\"></span>0 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls7a ws80\">Customer relationship: 3 y<span class=\"_ _3\"></span>ears<span class=\"_ _3ad\"> </span></span>Am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s, use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives an<span class=\"_ _0\"></span>d any expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s are rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bra<span class=\"_ _0\"></span>nd bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up is dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to have an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul life and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e not amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-679": {
   "value": "Intangible <span class=\"_ _3\"></span>assets<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t of ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s par<span class=\"_ _6\"></span>t of a bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on (cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> relationsh<span class=\"_ _3\"></span>ips and<span class=\"_ _3\"></span> brand). Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts are se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y ide<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, they are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed at cos<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d usefu<span class=\"_ _0\"></span>l life on a st<span class=\"_ _0\"></span>rai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is. C<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nall<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op s<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e on<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>an b<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y, the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ly an<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly feas<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the Gro<span class=\"_ _0\"></span>up in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ds to and has suffi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te suc<span class=\"_ _0\"></span>h deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and to use or sell th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wis<span class=\"_ _0\"></span>e, su<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s as incu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed v<span class=\"_ _0\"></span>ia bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n a st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>igh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>lin<span class=\"_ _0\"></span>e bas<span class=\"_ _0\"></span>is ove<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> estimated useful life. Th<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s for inta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s with fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">IT d<span class=\"_ _0\"></span>evel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>: 3 \u2013 1<span class=\"_ _3\"></span>0 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ls7a ws80\">Customer relationship: 3 y<span class=\"_ _3\"></span>ears<span class=\"_ _3ad\"> </span></span>Am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s, use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives an<span class=\"_ _0\"></span>d any expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s are rev<span class=\"_ _0\"></span>iewe<span class=\"_ _0\"></span>d at eac<span class=\"_ _0\"></span>h rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g date and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e bra<span class=\"_ _0\"></span>nd bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up is dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to have an <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul life and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e not amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-764": {
   "value": "In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y or at the cash<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t level<span class=\"_ _0\"></span>. Int<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h inde<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te usef<span class=\"_ _0\"></span>ul live<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t yet av<span class=\"_ _0\"></span>aila<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for u<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>re tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly, or w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ver eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>r cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt may not be re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le. In<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th fin<span class=\"_ _0\"></span>ite use<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>l lives are tes<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>re are ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>s the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>\u2019s fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts to s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>An i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w of Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>neve<span class=\"_ _0\"></span>r eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts or c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t may not be rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et is gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r than it<span class=\"_ _0\"></span>s est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is<span class=\"_ _0\"></span> the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>\u2019s fair val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of dis<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l and v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it i<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n d<span class=\"_ _0\"></span>own i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y to it<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-681": {
   "value": "Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ses l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d and b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld fo<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h, a<span class=\"_ _0\"></span>s wel<span class=\"_ _0\"></span>l as ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s of th<span class=\"_ _0\"></span>e sam<span class=\"_ _0\"></span>e na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are n<span class=\"_ _0\"></span>ot o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y is c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges i<span class=\"_ _0\"></span>n fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n. Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d are s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d at c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t le<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>ny im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d or fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-680": {
   "value": "Cas<span class=\"_ _0\"></span>h and c<span class=\"_ _0\"></span>ash e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ival<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h in ha<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>ll wi<span class=\"_ _0\"></span>th ba<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y bi<span class=\"_ _0\"></span>lls a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ee m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s or le<span class=\"_ _0\"></span>ss f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the d<span class=\"_ _0\"></span>ate of a<span class=\"_ _0\"></span>cq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-682": {
   "value": "Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by the Grou<span class=\"_ _0\"></span>p (<span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>ch as lan<span class=\"_ _0\"></span>d and offic<span class=\"_ _0\"></span>e and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r buil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>or he<span class=\"_ _0\"></span>ld und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lease<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (suc<span class=\"_ _0\"></span>h as office bu<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, IT equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es). Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>r occ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y held by a fund<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> the un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts for its inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s. In acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h IAS 16, \u2018Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, Plan<span class=\"_ _0\"></span>t and Equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019 th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> thi<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>t at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in fair valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cal c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted u<span class=\"_ _0\"></span>sef<span class=\"_ _0\"></span>ul l<span class=\"_ _0\"></span>ife. A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>ful l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d any ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>wed a<span class=\"_ _0\"></span>t ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te an<span class=\"_ _0\"></span>d adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> An i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w of Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>neve<span class=\"_ _0\"></span>r eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts or c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t may not be rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et is gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r than it<span class=\"_ _0\"></span>s est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is<span class=\"_ _0\"></span> the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>\u2019s fair val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of dis<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l and v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it i<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n d<span class=\"_ _0\"></span>own i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y to it<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-724": {
   "value": "Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by the Grou<span class=\"_ _0\"></span>p (<span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>ch as lan<span class=\"_ _0\"></span>d and offic<span class=\"_ _0\"></span>e and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r buil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>or he<span class=\"_ _0\"></span>ld und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lease<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts (suc<span class=\"_ _0\"></span>h as office bu<span class=\"_ _0\"></span>ild<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, IT equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es). Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>r occ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pie<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y held by a fund<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> the un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts for its inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s. In acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h IAS 16, \u2018Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, Plan<span class=\"_ _0\"></span>t and Equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>\u2019 th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has ele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> thi<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>t at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in fair valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t his<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cal c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ess a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s over t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted u<span class=\"_ _0\"></span>sef<span class=\"_ _0\"></span>ul l<span class=\"_ _0\"></span>ife. A<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tisa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, use<span class=\"_ _0\"></span>ful l<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d any ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>wed a<span class=\"_ _0\"></span>t ea<span class=\"_ _0\"></span>ch r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g da<span class=\"_ _0\"></span>te an<span class=\"_ _0\"></span>d adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d if appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> An i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w of Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>t fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue is p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>neve<span class=\"_ _0\"></span>r eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts or c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te tha<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t may not be rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et is gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r than it<span class=\"_ _0\"></span>s est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>over<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is<span class=\"_ _0\"></span> the h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r of th<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>\u2019s fair val<span class=\"_ _0\"></span>ue l<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of dis<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>l and v<span class=\"_ _0\"></span>alu<span class=\"_ _0\"></span>e in u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, it i<span class=\"_ _0\"></span>s wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n d<span class=\"_ _0\"></span>own i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y to it<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>e am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-683": {
   "value": "Leases<span class=\"_ _3ad\"> </span>Lessee<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, it rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ses le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s on the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et as \u2018ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se\u2019 ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and leas<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s\u2019 va<span class=\"_ _0\"></span>lue i<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f the l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tial d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are su<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for in ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce wi<span class=\"_ _0\"></span>th the co<span class=\"_ _0\"></span>st mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l in IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>, \u2018P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Pla<span class=\"_ _0\"></span>nt and Eq<span class=\"_ _0\"></span>uip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 or as invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er I<span class=\"_ _0\"></span>AS 4<span class=\"_ _0\"></span>0, \u2018<span class=\"_ _0\"></span>Inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019. <span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>ses ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>of-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as Prop<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t for im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>ch i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>rs ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tial me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e leas<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s is made up of the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ase pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to be made over the lea<span class=\"_ _0\"></span>se ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fixed<span class=\"_ _0\"></span> lea<span class=\"_ _0\"></span>se pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng le<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ve re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p us<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rat<span class=\"_ _0\"></span>e as a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>ate fo<span class=\"_ _0\"></span>r ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>nwou<span class=\"_ _0\"></span>nd ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rm of t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e giv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ri<span class=\"_ _0\"></span>se to an i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>. Add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, the l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> wh<span class=\"_ _0\"></span>en l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e mad<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f lea<span class=\"_ _0\"></span>se li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s if c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>he o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nal as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te th<span class=\"_ _0\"></span>e le<span class=\"_ _0\"></span>ase b<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up lea<span class=\"_ _0\"></span>ses offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, I<span class=\"_ _0\"></span>T equi<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g leas<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ma<span class=\"_ _0\"></span>ke use of t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n exe<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns as p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>lea<span class=\"_ _0\"></span>se c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>ith a te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m of 1<span class=\"_ _3\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs o<span class=\"_ _0\"></span>r les<span class=\"_ _0\"></span>s), an<span class=\"_ _0\"></span>d lease co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts for whi<span class=\"_ _0\"></span>ch the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g asse<span class=\"_ _0\"></span>t is of <span class=\"_ _3\"></span>low valu<span class=\"_ _0\"></span>e. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h leas<span class=\"_ _0\"></span>es are not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et bu<span class=\"_ _0\"></span>t the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d le<span class=\"_ _0\"></span>ase p<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts a<span class=\"_ _0\"></span>s an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e over t<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e ter<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Lessor<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is the le<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leas<span class=\"_ _0\"></span>es if the ris<span class=\"_ _0\"></span>ks and rewa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hip ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to the less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es if t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>y are n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>lly t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies to t<span class=\"_ _0\"></span>hir<span class=\"_ _0\"></span>d pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iall<span class=\"_ _0\"></span>y al<span class=\"_ _0\"></span>l the r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ks an<span class=\"_ _0\"></span>d rew<span class=\"_ _0\"></span>ard i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l to own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip are tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed to the les<span class=\"_ _0\"></span>see<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s. At the leas<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es a rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le asse<span class=\"_ _0\"></span>t on its ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ne<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the leas<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ual to the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue of the leas<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me over th<span class=\"_ _0\"></span>e lease ter<span class=\"_ _0\"></span>m to refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ra<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn on the ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se.<span class=\"_ _3ad\"> </span>Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed to s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>n all t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>isk<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d rewa<span class=\"_ _0\"></span>rd of ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p of th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed as op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s. Leas<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g leas<span class=\"_ _0\"></span>es is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> on a s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>aig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ne b<span class=\"_ _0\"></span>asis ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e le<span class=\"_ _0\"></span>ase te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-684": {
   "value": "Provisions<span class=\"_ _3ad\"> </span>Prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d whe<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up has a pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>gal or co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as a resul<span class=\"_ _0\"></span>t of past even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, it is pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t an out<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span> of reso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s emb<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll be req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, and a relia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te of the amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n can be<span class=\"_ _0\"></span> mad<span class=\"_ _0\"></span>e. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>be re<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, for exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e reim<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as a se<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t b<span class=\"_ _0\"></span>ut o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is vi<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s a pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to be der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d from a con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t are le<span class=\"_ _0\"></span>ss tha<span class=\"_ _0\"></span>n the unavoi<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts of mee<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng the ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-685": {
   "value": "De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s is the pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of the defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on at the ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date le<span class=\"_ _0\"></span>ss the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>pl<span class=\"_ _0\"></span>an asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d any sur<span class=\"_ _0\"></span>plu<span class=\"_ _0\"></span>s in the Fund an<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me is not res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Pla<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. The de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n is <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y each yea<span class=\"_ _0\"></span>r usin<span class=\"_ _0\"></span>g the pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted un<span class=\"_ _0\"></span>it me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt valu<span class=\"_ _0\"></span>e of the defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cash ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ows. Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rate is base<span class=\"_ _0\"></span>d on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>ds of high qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d in the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s will be pai<span class=\"_ _0\"></span>d, an<span class=\"_ _0\"></span>d that have ter<span class=\"_ _0\"></span>ms to mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te to th<span class=\"_ _0\"></span>ose o<span class=\"_ _0\"></span>f the r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pays co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mes<span class=\"_ _0\"></span>. The G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p has no fur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s onc<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have be<span class=\"_ _0\"></span>en pai<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es whe<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span>y are due<span class=\"_ _0\"></span>. Pre<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s are<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d as a<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>et to t<span class=\"_ _0\"></span>he ex<span class=\"_ _6\"></span>ten<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t a ca<span class=\"_ _0\"></span>sh r<span class=\"_ _0\"></span>efu<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>r a re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s is avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-686": {
   "value": "Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span>Current tax<span class=\"_ _3ad\"> </span>Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t tax co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s tax paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt yea<span class=\"_ _0\"></span>r profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le or no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, and any ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts to tax paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>rev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. Cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ta<span class=\"_ _0\"></span>x is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Def<span class=\"_ _3\"></span>erred t<span class=\"_ _3\"></span>ax<span class=\"_ _3ad\"> </span>Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x is c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ta<span class=\"_ _0\"></span>x val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s. D<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax i<span class=\"_ _0\"></span>s als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of unu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d tax lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t it is prob<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll ari<span class=\"_ _0\"></span>se agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>ch the lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s can be ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax is cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed to the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s char<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ble to pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e total ta<span class=\"_ _0\"></span>x exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se show<span class=\"_ _0\"></span>n in the Gro<span class=\"_ _0\"></span>up\u2019s Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e tax bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne by both po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hold<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is has be<span class=\"_ _0\"></span>en sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s and equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y hold<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s\u2019 pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Polic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r ta<span class=\"_ _0\"></span>x com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the ta<span class=\"_ _0\"></span>x suf<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r tax is cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ta<span class=\"_ _0\"></span>x cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed on eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e sepa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is inte<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to provi<span class=\"_ _0\"></span>de mo<span class=\"_ _0\"></span>re rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the ta<span class=\"_ _0\"></span>x that th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pays on the pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t it makes<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Use o<span class=\"_ _0\"></span>f es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e use of <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes and ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t ite<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e. Al<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh the<span class=\"_ _0\"></span>se es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t know<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e of cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts m<span class=\"_ _0\"></span>ay dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>hos<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>For t<span class=\"_ _0\"></span>ax t<span class=\"_ _0\"></span>his i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n ta<span class=\"_ _0\"></span>x po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span> income supporting deferred<span class=\"_ _3\"></span> tax asset r<span class=\"_ _3\"></span>ecognition.<span class=\"_ _3ad\"> </span>As the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>it is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in leg<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the jur<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in whic<span class=\"_ _0\"></span>h it ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ates<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n tax po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive and si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ju<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is bas<span class=\"_ _0\"></span>ed on int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal a<span class=\"_ _0\"></span>dv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e. T<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s have as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mfo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t the prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in plac<span class=\"_ _0\"></span>e are not mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lly or in agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, and that a reas<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve outc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e in the nex<span class=\"_ _0\"></span>t fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l year<span class=\"_ _0\"></span> wou<span class=\"_ _0\"></span>ld n<span class=\"_ _0\"></span>ot have a m<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct to t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>esu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-725": {
   "value": "Def<span class=\"_ _3\"></span>erred t<span class=\"_ _3\"></span>ax<span class=\"_ _3ad\"> </span>Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x is c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng va<span class=\"_ _0\"></span>lue o<span class=\"_ _0\"></span>f ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ta<span class=\"_ _0\"></span>x val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s. D<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax i<span class=\"_ _0\"></span>s als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct of unu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d tax lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t it is prob<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>ll ari<span class=\"_ _0\"></span>se agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t whi<span class=\"_ _0\"></span>ch the lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s can be ut<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax is cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed to the Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en it re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s char<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d or cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e or cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed or cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-726": {
   "value": "Foreign e<span class=\"_ _3\"></span>xchange and<span class=\"_ _c\"></span> exchange rates<span class=\"_ _3ad\"> </span>For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te pr<span class=\"_ _0\"></span>evai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he da<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy o<span class=\"_ _0\"></span>f the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s forei<span class=\"_ _0\"></span>gn o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of a<span class=\"_ _0\"></span>ll of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nto s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy, at t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ra<span class=\"_ _0\"></span>te at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of<span class=\"_ _0\"></span> the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es are tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d at aver<span class=\"_ _0\"></span>age exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. On con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, exch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d of b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es of s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>aken to a s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y as qua<span class=\"_ _0\"></span>lif<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g cas<span class=\"_ _0\"></span>h flow or n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-687": {
   "value": "Foreign e<span class=\"_ _3\"></span>xchange and<span class=\"_ _c\"></span> exchange rates<span class=\"_ _3ad\"> </span>For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>to th<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te pr<span class=\"_ _0\"></span>evai<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g at t<span class=\"_ _0\"></span>he da<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy o<span class=\"_ _0\"></span>f the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s forei<span class=\"_ _0\"></span>gn o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s is th<span class=\"_ _0\"></span>e cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c env<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of a<span class=\"_ _0\"></span>ll of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted i<span class=\"_ _0\"></span>nto s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy, at t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ra<span class=\"_ _0\"></span>te at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of<span class=\"_ _0\"></span> the C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me an<span class=\"_ _0\"></span>d expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es are tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d at aver<span class=\"_ _0\"></span>age exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. On con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, exch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d of b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s des<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted as h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es of s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>aken to a s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>For<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge gai<span class=\"_ _0\"></span>ns and lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, exce<span class=\"_ _0\"></span>pt wh<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y as qua<span class=\"_ _0\"></span>lif<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g cas<span class=\"_ _0\"></span>h flow or n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-688": {
   "value": "Share<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>based pa<span class=\"_ _3\"></span>ymen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>nd aw<span class=\"_ _0\"></span>ard<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, un<span class=\"_ _0\"></span>til s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h ti<span class=\"_ _0\"></span>me as t<span class=\"_ _0\"></span>hey a<span class=\"_ _0\"></span>re f<span class=\"_ _0\"></span>ull<span class=\"_ _0\"></span>y ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, usi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od of a<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e at th<span class=\"_ _0\"></span>e da<span class=\"_ _0\"></span>te of gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d as an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e, s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d over t<span class=\"_ _0\"></span>he ve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d of th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he to<span class=\"_ _0\"></span>tal a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to be e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d is de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue of t<span class=\"_ _0\"></span>he awa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s, e<span class=\"_ _0\"></span>xclu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of any n<span class=\"_ _0\"></span>on<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t ves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. At e<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up re<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>ts es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of th<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to b<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. It rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct of the rev<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on of ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, if any, in the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and a cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is made to eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. On ves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g or e<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, the d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>he ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t to th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re new sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved ar<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ted to shar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al and sh<span class=\"_ _0\"></span>are pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-689": {
   "value": "Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, sha<span class=\"_ _0\"></span>re pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m and em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e trea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>An e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is any co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h evid<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t in the ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts of an ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. It follows tha<span class=\"_ _0\"></span>t a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is trea<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> as eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y if<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is no co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on unf<span class=\"_ _0\"></span>avou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e term<span class=\"_ _0\"></span>s; and<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is e<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns n<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r a var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of o<span class=\"_ _0\"></span>wn e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r is a </span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive whi<span class=\"_ _0\"></span>ch wil<span class=\"_ _0\"></span>l be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d onl<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g a fixed amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cash<span class=\"_ _0\"></span>, or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, for a <span class=\"_ _3\"></span>fixe<span class=\"_ _0\"></span>d num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of its own eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y instruments.<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e any Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion pa<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g any dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> (net of inco<span class=\"_ _0\"></span>me ta<span class=\"_ _0\"></span>xes), is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re suc<span class=\"_ _0\"></span>h sha<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, reiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d or othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> of, any c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d is in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t of any d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>res he<span class=\"_ _0\"></span>ld on be<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>f of empl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e shar<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es are di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed as suc<span class=\"_ _0\"></span>h on the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-727": {
   "value": "Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, sha<span class=\"_ _0\"></span>re pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m and em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e trea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>An e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is any co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h evid<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t in the ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts of an ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. It follows tha<span class=\"_ _0\"></span>t a finan<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t is trea<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> as eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y if<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">the<span class=\"_ _0\"></span>re is no co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r cas<span class=\"_ _0\"></span>h or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s or to <span class=\"_ _3\"></span>exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es on unf<span class=\"_ _0\"></span>avou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e term<span class=\"_ _0\"></span>s; and<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">the i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is e<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ns n<span class=\"_ _0\"></span>o co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r a var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of o<span class=\"_ _0\"></span>wn e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, o<span class=\"_ _0\"></span>r is a </span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive whi<span class=\"_ _0\"></span>ch wil<span class=\"_ _0\"></span>l be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d onl<span class=\"_ _0\"></span>y by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g a fixed amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cash<span class=\"_ _0\"></span>, or othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, for a <span class=\"_ _3\"></span>fixe<span class=\"_ _0\"></span>d num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of its own eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y instruments.<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e any Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, th<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion pa<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g any dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> (net of inco<span class=\"_ _0\"></span>me ta<span class=\"_ _0\"></span>xes), is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d from eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to share<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re suc<span class=\"_ _0\"></span>h sha<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly sol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, reiss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d or othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> of, any c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d is in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>le to s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t of any d<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>res he<span class=\"_ _0\"></span>ld on be<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>f of empl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e shar<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es are di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed as suc<span class=\"_ _0\"></span>h on the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-690": {
   "value": "Fiduciar<span class=\"_ _0\"></span>y activities<span class=\"_ _3ad\"> </span>As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h fidu<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and the in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m tho<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r with as<span class=\"_ _0\"></span>soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to retu<span class=\"_ _0\"></span>rn su<span class=\"_ _0\"></span>ch ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s to cus<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, are not in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed in the<span class=\"_ _0\"></span>se fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>ts in a <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>for in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce as a trus<span class=\"_ _0\"></span>tee or ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, it has no c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _0\"></span> ",
   "dimensions": {
    "concept": "legalandgeneral:DescriptionOfAccountingPolicyForFiduciaryActivities",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-752": {
   "value": "(viii<span class=\"_ _0\"></span>) Fo<span class=\"_ _0\"></span>rei<span class=\"_ _0\"></span>gn e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exc<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n are<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w231 h144\" id=\"_12540d2a-6db7-41ec-84ad-e61e598f525c\"><tr><td></td><td class=\"c n x1e5 y323d w232 h13d\"><div class=\"t m1 x1e4 h11 y323c ff10c fs2 fc0 sc0 ls4 ws3\">Year e<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s<span class=\"_ _1f6\"> </span><span class=\"ls3a ws46\">2023<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n x4c7 y323f w233 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w234 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c8 y31cc w235 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c9 y31cc w207 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w236 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">Euro<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ca y312a w10c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 ws19c\">1<span class=\"_ _0\"></span>.15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cb y312a w237 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w238 h144\" id=\"_6859b1fc-156e-4684-85dc-79cbe3b4a210\"><tr><td></td><td class=\"c n x1e5 y323d w239 h141\"><div class=\"t m1 x1e4 h11 y323c ff10c fs2 fc0 sc0 ls35 ws42\">Av<span class=\"_ _3\"></span>erage exchange<span class=\"_ _3\"></span> rates<span class=\"_ _1f9\"> </span><span class=\"ls3a ws46\">2023<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n x4cc y323f w233 h146\"><div class=\"t m1 x1e4 h11 y3240 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w234 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4c8 y31cc w235 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cd y31cc w23a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w236 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">Euro<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ca y312a w10c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls178 ws19c\">1<span class=\"_ _0\"></span>.15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cb y312a w237 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>.1<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls7a ws80 gs5ed\">(ii) Currency risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5ee\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k from fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s in cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the<span class=\"_ _0\"></span>ir fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5ef\">cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, nea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y all suc<span class=\"_ _0\"></span>h hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the sam<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y or are hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d bac<span class=\"_ _0\"></span>k to GBP<span class=\"_ _c\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls78 ws7f gs5f0\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m fluc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes of vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f1\">cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>te to the Grou<span class=\"_ _0\"></span>p\u2019s US busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>. The maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f2\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to eur<span class=\"_ _0\"></span>os are he<span class=\"_ _0\"></span>ld by Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, a subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f3\">Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up doe<span class=\"_ _0\"></span>s not he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y reven<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s as these ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d loc<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y to supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f4\">gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th of the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>et lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y and mar<span class=\"_ _0\"></span>ket re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f5\">Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses ai<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n suffi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts in loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy to mee<span class=\"_ _0\"></span>t loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, how<span class=\"_ _0\"></span>ever move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts may imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the valu<span class=\"_ _0\"></span>e of the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f6\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y whi<span class=\"_ _0\"></span>ch is exp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d in ste<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s aspe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k is moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>ly, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f7\">aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ese exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es are ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>ed by ali<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l by <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y with th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5f8\">re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts by cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy. <span class=\"_ _3\"></span>Cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs and de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls5f wsa0 gs5f9\">set. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5fa\">As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>ld ne<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of \u00a30.5b<span class=\"_ _0\"></span>n (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: net lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a34.4<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>of its tota<span class=\"_ _0\"></span>l equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5fb\">cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, main<span class=\"_ _0\"></span>ly U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r and eu<span class=\"_ _0\"></span>ro, ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of the rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s inhe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5fc\">the<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es may be miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the use of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s, ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5fd\">Co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up\u2019s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of overse<span class=\"_ _0\"></span>as bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted as fun<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ies) are tran<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at averag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5fe\">exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes and th<span class=\"_ _0\"></span>e net ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as func<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) at the clos<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rate for the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>10% inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (weaken<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5ff\">fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) <span class=\"_ _3\"></span>or de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (<span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g of forei<span class=\"_ _0\"></span>gn cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rates wou<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e or redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e the pro<span class=\"_ _0\"></span>fit for th<span class=\"_ _0\"></span>e year and ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs600\">as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span></div><div class=\"gs601\"><table class=\"s w589 h179\" id=\"_cfcd3fb6-4cd7-4048-ae99-0b37519a3cad\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a6 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa66 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa67 y31cc w10f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa68 y31cc w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to US<span class=\"_ _0\"></span>D exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x24c y32b7 w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa69 y32b7 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6a y32b7 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6b y32b7 w58b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs602\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs603\">1<span class=\"_ _3ad\"> </span></div><div class=\"gs604\"><table class=\"s w58c h179\" id=\"_4df31bef-7a5f-42a3-be0e-05c91218db37\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a9 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6d y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6e y31cc w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6f y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to EU<span class=\"_ _0\"></span>R exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y32b7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa70 y32b7 w58d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa71 y32b7 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa72 y32b7 w58e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>111<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs605\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs606\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs607\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y to ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y is n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>oth f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs608\">cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-633": {
   "value": "<div class=\"t m1 h13 ff110 fsa fc5 sc0 ls4 ws3 gs2ee\">2 Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs2ef\">(i) Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls132 ws12c gs2f0\">Restated<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls132 ws12c gs2f1\">2022<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls113 ws122 gs2f2\">\u00a3m<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls114 wsa1 gs2f3\">Notes<span class=\"_ _3ad\"> </span></div><div class=\"gs2f4\"><table class=\"s w23b h147\" id=\"_ecf2c7f3-7192-4a69-9018-ae2cc09c2f14\"><tr><td></td><td></td><td class=\"t m1 x225 h1b y3241 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y3242 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y3243 w23c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal (L<span class=\"_ _0\"></span>GR<span class=\"_ _0\"></span>I)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ce y3243 w23d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2e ws38\">2(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cf y3243 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d0 y3243 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3244 w23f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al C<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al (LG<span class=\"_ _0\"></span>C)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d1 y3244 w240 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">2(iii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d2 y3244 w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d3 y3244 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3245 w242 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t (LG<span class=\"_ _0\"></span>IM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d4 y3245 w243 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>(i<span class=\"_ _0\"></span>v)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d5 y3245 w244 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y3245 w245 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3246 w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d7 y3246 w23d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2e ws38\">2(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d8 y3246 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d9 y3246 w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">4<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3247 w247 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">\u2013 Insurance<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4db y3247 w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">138<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4dc y3247 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3089 w249 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">\u2013 Retail Retirement<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4dd y3089 w24a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4de y3089 w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w24b h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4df y3248 w24c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls117 ws126\">2,<span class=\"_ _0\"></span>078<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y3248 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">2,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3249 ff10e fs6 fc0 sc0 lsd ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d4 y324a w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">(2<span class=\"_ _0\"></span>12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e1 y324a w24e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>14)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w24f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e2 y324b wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e3 y324b w250 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w251 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e4 y31ea w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e5 y31ea wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e6 y31eb w254 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">2(v)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e7 y31eb w255 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w256 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>94)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w257 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e9 y31ec w258 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ea y31ec w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w259 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4eb y31ed w25a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ec y31ed w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x214 y31ee w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x215 y31ee w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">3<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ed y31ee w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(86)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w7b h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x216 y324c w7c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ee y324c w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w25c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ta<span class=\"_ _0\"></span>x (cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it)/ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ef y31cb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f0 y31cb w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f1 y31cb w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w25e h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4f2 y31cc w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">939<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w25f h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x219 y312a w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">457<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f4 y312a w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">783<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs2f5\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs268\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22c\">Th<span class=\"_ _0\"></span>is sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e of the Grou<span class=\"_ _0\"></span>p\u2019s key <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>pro<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>es ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>sis of the res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22d\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>, and the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p bel<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s that it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es st<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h usefu<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>ir un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs269\">of the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess in the yea<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t has be<span class=\"_ _0\"></span>en up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs22e\">of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the key prin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of what is mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow and exce<span class=\"_ _0\"></span>pt as note<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, rema<span class=\"_ _0\"></span>in un<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls7a ws80 gs22f\">prior year<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26b\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the pre<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x resu<span class=\"_ _0\"></span>lt excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s cau<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d by </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26c\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns or exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>. Key cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in relat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs27f\">the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s long<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>t b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs233\">E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>ise o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e of bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss in t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar, suc<span class=\"_ _0\"></span>h as m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs234\">are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d from ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls92 ws96 gs235\">Long-term <span class=\"_ _3\"></span>insurance </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs236\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. V<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs26f\">ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al and lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>rn on tr<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d real asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>ll as eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs237\">ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s caus<span class=\"_ _0\"></span>ed by cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in mar<span class=\"_ _0\"></span>ket c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns or exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (e.g. cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion) and any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs238\">ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mi<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d the t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ix o<span class=\"_ _0\"></span>n new p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d for f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e new p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>isk t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs270\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s are e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o use<span class=\"_ _0\"></span>d to de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es on i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs239\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t opt<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>se the yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts bac<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e back bo<span class=\"_ _0\"></span>ok of ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>w incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs23a\">op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>; pri<span class=\"_ _0\"></span>or to the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of such ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s was not inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2f7\">For th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s long<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>es are als<span class=\"_ _0\"></span>o exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2f8\">mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>ise wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e off<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t rul<span class=\"_ _0\"></span>es in IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s view of the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. In par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar, </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2f9\">du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a ye<span class=\"_ _0\"></span>ar of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns ca<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d to of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>ny in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s on t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2fa\">the<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d befo<span class=\"_ _0\"></span>re the new re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is sign<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. In the<span class=\"_ _0\"></span>se cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2fb\">ne<span class=\"_ _0\"></span>t loss (if any) af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, an<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>e dura<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls3 ws6c gs2fc\">Shareholde<span class=\"_ _0\"></span>r funds<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2fd\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de bo<span class=\"_ _0\"></span>th the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s trade<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio an<span class=\"_ _0\"></span>d cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for whic<span class=\"_ _0\"></span>h adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g profi<span class=\"_ _0\"></span>t is base<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs2fe\">on th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. F<span class=\"_ _0\"></span>or th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll a<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs2ff\">dev<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns fro<span class=\"_ _0\"></span>m suc<span class=\"_ _0\"></span>h long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs300\">is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in this way inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs301\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly in the sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te and hou<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the LGC alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio: the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs302\">are ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r be sold to othe<span class=\"_ _0\"></span>r par<span class=\"_ _6\"></span>ts of the Gro<span class=\"_ _0\"></span>up or for oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial usa<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, and on whi<span class=\"_ _0\"></span>ch LGC<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs303\">ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>s devel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t risk<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s onc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs304\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">\u2018S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019 inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tly in the al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sec<span class=\"_ _0\"></span>tor wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the LGC alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio as well as the fin<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>h bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs305\">wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il: th<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s in a fas<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>eir l<span class=\"_ _0\"></span>ife c<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e, b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no<span class=\"_ _0\"></span>t ye<span class=\"_ _0\"></span>t rea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d a </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs306\">ste<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l of ea<span class=\"_ _0\"></span>rni<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs307\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds also in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es oth<span class=\"_ _0\"></span>er di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for whi<span class=\"_ _0\"></span>ch ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S pro<span class=\"_ _0\"></span>fit be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tax<span class=\"_ _0\"></span>. Dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs308\">for whi<span class=\"_ _0\"></span>ch ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t is refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in this way incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs309\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">\u2018S<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up\u2019 inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: the<span class=\"_ _0\"></span>se are co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es in the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g stag<span class=\"_ _0\"></span>es of the<span class=\"_ _0\"></span>ir bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s lifec<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e (i.e. t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y les<span class=\"_ _0\"></span>s than 24 mon<span class=\"_ _0\"></span>ths) and whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs30a\">the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e have li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>pic<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>re in a p<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs30b\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts: th<span class=\"_ _0\"></span>ese ar<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in thei<span class=\"_ _0\"></span>r final st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es of busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss life<span class=\"_ _0\"></span>cyc<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are sta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es and have sus<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ms of </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs30c\">in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h ra<span class=\"_ _0\"></span>te in th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in le<span class=\"_ _0\"></span>ss p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff112 fs0 fc0 sc0 ls82 ws85 gs30d\">Business<span class=\"_ _3\"></span> segments<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs30e\">Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oss t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs30f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGR<span class=\"_ _0\"></span>I rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s world<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>de pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs310\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGC rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d in dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s prim<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y in the area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te, cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y, </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs311\">ho<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, as well as tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs312\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGI<span class=\"_ _0\"></span>M rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al and re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs313\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts U<span class=\"_ _0\"></span>K prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (b<span class=\"_ _0\"></span>oth Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l) an<span class=\"_ _0\"></span>d finte<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, as well as US reta<span class=\"_ _0\"></span>il pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff10e fs0 fc4 sc0 ls0 ws0 gs314\">\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">Re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d dr<span class=\"_ _0\"></span>awdow<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, wo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>kp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>nd li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs315\">(ii<span class=\"_ _0\"></span>) Ana<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>sis of LGR<span class=\"_ _0\"></span>I and Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"gs316\"><table class=\"s w260 h148\" id=\"_47ba9afc-6958-49ad-95e1-df7a9867513b\"><tr><td></td><td class=\"t m1 x4f5 h1b y324d ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f6 h1b y324e ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f7 h11 y324f ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f8 h11 y3250 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3251 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3252 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3253 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3254 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3255 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3256 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3257 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3258 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3259 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the C<span class=\"_ _0\"></span>SM in th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y325a w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8 ws7\">591<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fc y325a waa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">446<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fd y325a w261 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">497<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fe y325a w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">424<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w263 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ff y325b w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x500 y325b w264 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x501 y325b w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x502 y325b w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w266 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Experience variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x503 y325c w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x504 y325c w267 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x505 y325c w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x506 y325c w12f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w269 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Development<span class=\"_ _3\"></span> of loss<span class=\"_ _3\"></span>es on<span class=\"_ _3\"></span> onerous contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x507 y325d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x508 y325d w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x509 y325d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50a y325d w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y325e ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r expenses<span class=\"_ _3ad\"> </span></td><td class=\"c n x50b y324c w26c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50c y324c w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50d y324c w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50e y324c w26d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y325f ff10e fs6 fc0 sc0 ls4 wsd\">Insurance inv<span class=\"_ _3\"></span>estment margin<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y31cb waa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">344<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x510 y31cb w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x511 y31cb w26f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x512 y31cb w114 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w270 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x513 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x514 y31cc w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x515 y31cc we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x516 y31cc w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls3c wse5\">58<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w271 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LG<span class=\"_ _0\"></span>RI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x517 y312a w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x518 y312a we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x519 y312a w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51a y312a w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">415<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs317\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs318\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs319\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs31a\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in (C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n for R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by \u00a316<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>17m) to excl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mi<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s. </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs31b\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>th n<span class=\"_ _0\"></span>ew b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ad c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M o<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs31c\">un<span class=\"_ _0\"></span>it c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs31d\">3. <span class=\"_ _19\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n on a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct </div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs31e\">lia<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs31f\">(ii<span class=\"_ _0\"></span>i) LGC ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div><div class=\"gs320\"><table class=\"s w231 h149\" id=\"_f0620bf3-fc73-42bc-b39c-2b3ed70c504e\"><tr><td></td><td class=\"t m1 x1e0 h1b y3260 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3260 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3261 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3261 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3262 ff10e fs6 fc0 sc0 ls4 wsd\">Direct investments<span class=\"_ _3ad\"> </span></td><td class=\"c n x51b y31cb w84 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">371<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51c y31cb w273 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">400<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3263 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x208 y31cc w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51d y31cc w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w276 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LGC ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51f y312a wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs321\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs322\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs323\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>\u2019s po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o of as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy, h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs324\">pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to C<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s of \u00a310<span class=\"_ _0\"></span>6m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>172m).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs325\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio h<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s a di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t of e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh<span class=\"_ _3ad\"> </span></span><span class=\"ff10f\"><span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs327\">(iv) LGI<span class=\"_ _0\"></span>M adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"gs328\"><table class=\"s w277 h14a\" id=\"_b2912ae4-cf17-4318-8472-92cb483fc2da\"><tr><td></td><td class=\"t m1 x225 h1b y3264 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3264 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3265 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3265 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c x1e5 y324c w278 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls4 wsd\">Asset management rev<span class=\"_ _3\"></span>enue (<span class=\"_ _3\"></span>excluding t<span class=\"_ _3\"></span>hird<span class=\"_ _0\"></span>-par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y mark<span class=\"_ _3\"></span>et data<span class=\"_ _3\"></span>)</div><div class=\"t m1 x520 h15 y3266 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x22a y324c w279 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls2c ws36\">876<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x521 y324c w14d h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls105 ws1d\">944<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3267 ff10e fs6 fc0 sc0 ls16 ws16\">Asset manageme<span class=\"_ _0\"></span>nt transactional revenue<span class=\"_ _3ad\"> </span></td><td class=\"c n x236 y31cb w27a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x522 y31cb w8b h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3268 ff10e fs6 fc0 sc0 ls16 ws16\">Asset manageme<span class=\"_ _0\"></span>nt expenses (<span class=\"_ _3\"></span>excluding third-<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y market data<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc w27b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">(62<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x523 y31cc w15e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w27c h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LGI<span class=\"_ _0\"></span>M ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y312a w244 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w245 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs329\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs32a\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs32b\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts of \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6m i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs32c\">2. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s exe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt f<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s on p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls0 ws3 gs32d\">(v) Invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"gs32e\"><table class=\"s w27d h14b\" id=\"_2480a6e3-a12b-4363-a5f9-908a3432791d\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3269 ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y326a ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y326b ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y326c ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y326d ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y326e ff10c fs6 fc0 sc0 lsd ws3\">LG<span class=\"_ _0\"></span>RI a<span class=\"_ _0\"></span>nd R<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x431 ha y326f ff10e fs6 fc0 sc0 lsd ws3\">\u2013 Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s le<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e in li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y3270 w184 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">(58<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x525 y3270 w27e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3271 w27f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x526 y3271 w1f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x527 y3271 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w280 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LG<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x528 y325c w281 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x529 y325c w282 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w283 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">LGC inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52a y325d w20c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52b y325d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3272 ff10e fs6 fc0 sc0 ls13 ws12\">Other inv<span class=\"_ _3\"></span>estment variance<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31ef w285 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52c y31ef w286 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>119<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w287 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws1c\">Investment variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52d y3225 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52e y3225 w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>62<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3273 ff10f fs6 fc0 sc0 lsd ws15\">M&amp;<span class=\"_ _6\"></span>A rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52f y31cc w28a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w28b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal investment and<span class=\"_ _3\"></span> other variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y312a w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x531 y312a w28c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(79<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs32f\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs330\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs331\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs332\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt v<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r LG<span class=\"_ _0\"></span>RI a<span class=\"_ _0\"></span>nd R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es a \u00a3<span class=\"_ _0\"></span>318m e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>167m exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ra<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs333\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e \u00a3167m on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 23 (<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>i) fo<span class=\"_ _0\"></span>r fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs334\">in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n) alo<span class=\"_ _0\"></span>ng w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e up u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. It a<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f it<span class=\"_ _0\"></span>s </div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs335\">exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>21, to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se o<span class=\"_ _0\"></span>f Ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s R<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gy a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er m<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs336\">3. <span class=\"_ _19\"> </span><span class=\"ff10f\">M&amp;<span class=\"_ _6\"></span>A re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ls a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>ll as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>up </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs337\">co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l for t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s \u00a3181m of c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e M<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d </div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs338\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n On<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs339\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d rea<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs33a\">deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and sca<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin LGC an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss), the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs33b\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s or expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (e.g. cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on), the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of any dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs33c\">all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mix a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>ix on n<span class=\"_ _0\"></span>ew p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>isk t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d for f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs33d\">new pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n risk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te the CS<span class=\"_ _0\"></span>M at loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in poi<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>of-<span class=\"_ _6\"></span>sal<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs33e\">dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s whil<span class=\"_ _0\"></span>st th<span class=\"_ _0\"></span>e ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by cre<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs33f\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs340\">Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g yea<span class=\"_ _0\"></span>r. The </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs341\">ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs342\">co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ave<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs343\">Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s are<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs344\"><table class=\"s w28d h14c\" id=\"_18d89d71-1f2a-4400-80f9-3cec87ef31c8\"><tr><td></td><td class=\"c n x3d4 y3275 w28e h13b\"><div class=\"t m1 x1e4 h11 y3274 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x532 y3276 w233 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x533 y3225 w28f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls10 ws2f\">7%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x534 y3225 w28f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 ls105 ws1d\">7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w290 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Commercial property<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x535 y3277 w291 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls27 ws30\">5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x536 y3277 w292 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 ls11 ws3a\">5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w293 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Residential proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x537 y312a w294 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">3.5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x538 y312a w295 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse4 wsee\">3<span class=\"_ _0\"></span>.5%<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs345\">For fixe<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns are base<span class=\"_ _0\"></span>d on aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e pros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve yiel<span class=\"_ _0\"></span>ds for the ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs346\">les<span class=\"_ _0\"></span>s an adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk (asses<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate bas<span class=\"_ _0\"></span>is). <span class=\"_ _3\"></span>W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>st or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>, the ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs347\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>n an e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs348\">For eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e LGC alte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve asse<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o and Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in hous<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs349\">co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, clea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy, alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and fin<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re use<span class=\"_ _0\"></span>d for the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of adjus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs34a\">exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n is on avera<span class=\"_ _0\"></span>ge be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 10% and 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th our s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s. Rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic to eac<span class=\"_ _0\"></span>h asse<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs34b\">are d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d at t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly. Th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs34c\">ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rates an<span class=\"_ _0\"></span>d infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as well as sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y yiel<span class=\"_ _0\"></span>ds and po<span class=\"_ _0\"></span>wer pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs34e\">(vi) Se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs34f\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has five re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ing LGR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, LGC<span class=\"_ _0\"></span>, LGIM<span class=\"_ _0\"></span>, Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as set out in No<span class=\"_ _0\"></span>te 6. Grou<span class=\"_ _0\"></span>p ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs350\">an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>bt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e on n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls8b ws8e gs351\">reported<span class=\"_ _3\"></span> segments<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs352\">In the U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>, ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to LGRI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ail Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are bac<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a sin<span class=\"_ _0\"></span>gle po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio of asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and on<span class=\"_ _0\"></span>ce a tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n has bee<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs353\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to a<span class=\"_ _0\"></span>ny pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e not t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cke<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs354\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d on the rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve avera<span class=\"_ _0\"></span>ge size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs355\">Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es by r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ble s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has n<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, a<span class=\"_ _0\"></span>s thi<span class=\"_ _0\"></span>s is no<span class=\"_ _0\"></span>t info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n tha<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to key d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on m<span class=\"_ _0\"></span>aker<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls7b ws3 gs356\">a re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ass<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on a le<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ath<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>n lin<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th re<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs357\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts is f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ken d<span class=\"_ _0\"></span>own w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t in o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>er to b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e dr<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs358\">(a<span class=\"_ _c\"></span>) Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for the year<span class=\"_ _3ad\"> </span></div><div class=\"gs359\"><table class=\"s w296 h14e\" id=\"_4f95f906-1d76-423d-904a-20aecac1ae6d\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h1b y3278 ff10c fs2 fc0 sc0 ls35 ws42\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h1b y3279 ff10c fs2 fc0 sc0 ls114 wsa1\">expenses<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h1b y327a ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x241 h1b y327b ff10c fs2 fc0 sc0 ls115 ws8d\">and debt<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53d h1b y327c ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h1b y327c ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y327d ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y327f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3280 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w297 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x543 y31ed w183 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x544 y31ed w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x545 y31ed w298 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x546 y31ed w274 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31ed w24a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x548 y31ed w299 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y31ed w5e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54a y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54b y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54c y3282 w29b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _6\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54d y3282 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>81)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54e y3282 w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54f y3282 w29c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(36<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x550 y3282 w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x553 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x554 y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x555 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x556 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x557 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w29e h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y31cb w29f h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x559 y31cb w2a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55a y31cb w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y31cb w114 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55c y31cb w2a1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55d y31cb w2a2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _6\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55e y31cb w25a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55f y31f8 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x560 y31f8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x561 y31f8 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x562 y31f8 w2a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x563 y31f8 w2a5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">63<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x564 y31f8 w2a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">131<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x565 y31f8 w2a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">367<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2a8 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y312a w2a9 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc7 wsd6\">6<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x566 y312a w2aa h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x567 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y312a w2ab h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x569 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56a y312a w2ac h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(65<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w2ad h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"gs35a\"><table class=\"s w2ae h14f\" id=\"_dff219e5-7fe8-4b88-a396-63badf84b4ba\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h11 y3283 ff10e fs2 fc0 sc0 ls3a ws46\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h11 y3284 ff10e fs2 fc0 sc0 ls63 ws6f\">expense<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h11 y3285 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y3286 ff10e fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y3287 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h11 y3288 ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y3289 ff10e fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3289 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y328a ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y328b ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w2af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56c y328d w2b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y328d wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56e y328d w2b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56f y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y328d w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x571 y328d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x572 y328d w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x573 y31c8 w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x574 y31c8 w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x575 y31c8 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(8<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x576 y31c8 w2b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsbe wsce\">69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x577 y31c8 w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x578 y31c8 w9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x579 y31c8 w2b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57c y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57e y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57f y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x580 y31cb w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">670<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x581 y31cb w2b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x582 y31cb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">259<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x583 y31cb w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x584 y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x585 y31cb w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y31cb w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x (exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x586 y31cc w2bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x587 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(26)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x588 y31cc w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls26 ws2e\">(3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x589 y31cc w2bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58a y31cc w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(32)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y31cc w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58b y31cc w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) for the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58c y312a w2c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">5<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58d y312a w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls11 ws3a\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58e y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">229<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y312a w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">223<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x590 y312a w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x591 y312a w2c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y312a w14a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs35b\">(b) T<span class=\"_ _c\"></span>ota<span class=\"_ _0\"></span>l reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs35c\">T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs35d\">wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d in N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>0. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs35e\">cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of othe<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the sha<span class=\"_ _0\"></span>re of profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as well as </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs35f\">gai<span class=\"_ _0\"></span>ns/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es on disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs360\">Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t the r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e by th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"gs361\"><table class=\"s w2c7 h150\" id=\"_87411df8-4e8a-42bc-bb79-15c88f8b1650\"><tr><td></td><td class=\"t m1 x593 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y328e ff10c fs2 fc0 sc0 ls4 ws3\">Res<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y328e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y328f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x595 y31f6 w2c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x596 y31f6 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x597 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x598 y31f6 w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x599 y31f7 w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">652<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59a y31f7 w2cc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59b y31f7 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59c y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31f8 w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59e y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a0 y31f8 wcc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a1 y312a w2d1 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,99<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a2 y312a w2d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a3 y312a we7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls16 ws25\">208<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a4 y312a w2d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>111<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"gs362\"><table class=\"s w2d4 h151\" id=\"_3b1edc5a-c93e-4375-b11f-090de157053b\"><tr><td></td><td class=\"t m1 x33a h11 y3290 ff10e fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h11 y3290 ff10f fs2 fc0 sc0 ls181 ws1a3\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5a5 h11 y3290 ff10f fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3290 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3291 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a6 y324c w2d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,92<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a7 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y324c w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a9 y324c w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls116 ws123\">8,683<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y31cb w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">7<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ab y31cb w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ac y31cb w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y31cb w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31cc w2d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ae y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b0 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b1 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b2 y312a w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b3 y312a w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs364\">(c<span class=\"_ _c\"></span>) T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l reven<span class=\"_ _0\"></span>ue \u2013 int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l/ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span></div><div class=\"gs365\"><table class=\"s w2db h152\" id=\"_df03cce4-0227-4a27-a00f-f6793794da96\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h1b y3292 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3293 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h1b y3294 ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"c x5b7 y3296 w2dc h153\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM</div><div class=\"t m1 x5b6 h9d y3295 ff10c fs27 fc0 sc0 ls182 ws1a4\">1,2<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5b8 h1b y3294 ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3297 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3298 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3294 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3299 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bc h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y329a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w2dd h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5bf y31f7 w274 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c2 y31f7 w2de h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">(169<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c3 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y31f8 w2e0 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c5 y31f8 w2e1 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c6 y31f8 w2d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c7 y31f8 w51 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f8 w128 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c9 y31f8 w2e2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"> </span>,111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ca y312a w2e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cb y312a w2e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cc y312a w2d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cd y312a wcc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ce y312a we2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cf y312a w2e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"></span>,111<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h9d ff10c fs27 fc0 sc0 ls4 ws3 gs366\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff10e fs27 fc0 sc0 ls183 ws1a5 gs367\">1,2<span class=\"_ _3ad\"> </span></div><div class=\"gs368\"><table class=\"s w2e5 h154\" id=\"_e32e4b48-bc5a-4d6a-8442-d0c3ea950d56\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h11 y329b ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y329c ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b8 h11 y329d ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y329e ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y329f ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32a0 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32a1 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d2 y31cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d3 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d5 y31cb w2e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d7 y31cc w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>492<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d8 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d9 y31cc w2e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,086<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5da y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5db y31cc w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dc y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dd y312a w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4,<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5de y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5df y312a w2ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,0<span class=\"_ _0\"></span>86<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e0 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e1 y312a w2ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e2 y312a w2ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff10e fs27 fc0 sc0 ls4 ws3 gs369\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs36a\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs36b\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGI<span class=\"_ _0\"></span>M ex<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs36c\">3. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs36d\">(d) Fees fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs36e\">Fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e fee<span class=\"_ _0\"></span>s for a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll as r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs36f\">ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r for c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></div><div class=\"gs370\"><table class=\"s w2db h155\" id=\"_a276a95e-d339-4d45-a290-633f0f38dd07\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32a2 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32a3 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y32a4 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32a5 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32a6 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32a4 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y32a7 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32a8 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31e5 w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e4 y31e5 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">864<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y31e5 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e6 y31e5 w2f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e7 y31e5 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">800<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31e6 w2f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5eb y31e6 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f4 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ee y312a w26c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y312a w61 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h9d ff10c fs27 fc0 sc0 ls4 ws3 gs371\">1<span class=\"_ _3ad\"> </span></div><div class=\"gs372\"><table class=\"s w2e5 h156\" id=\"_6d1fe67f-ec16-483e-9d3a-ebfb2cc754bf\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32a9 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32aa ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y32ab ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ac ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y32ad ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32ab ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32ae ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32af ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y31cb wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse4 wsee\">953<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f0 y31cb w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f1 y31cb w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f2 y31cb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">873<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f4 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f6 y312a w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f7 y312a w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f8 y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff10e fs27 fc0 sc0 ls4 ws3 gs373\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs374\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGC a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LGC i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. </span></div><div class=\"t m1 h30 ff111 fs0 fc0 sc0 ls0 ws0 gs375\">(e<span class=\"_ _c\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls0 ws3 gs376\">O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>rom c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff10e fs0 fc0 sc0 ls74 wsa6 gs377\">br<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff10d fs2 fc0 sc0 ls4 ws3 gs378\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs379\"><table class=\"s w2db h157\" id=\"_f1bd3f1a-fa02-44af-931b-4de35cf73a48\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32b0 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32b1 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h1b y328e ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32b2 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32b4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f9 y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fb y31f6 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y31f6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fd y31f7 w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x600 y31f7 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x601 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x602 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x604 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y32b6 ff10c fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other operati<span class=\"_ _3\"></span>onal income f<span class=\"_ _3\"></span>rom contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x606 y32b7 w8c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x607 y32b7 w51 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x608 y32b7 wcc h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 haa ff10c fsd fc0 sc0 ls4 ws3 gs37a\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs37b\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div><div class=\"gs37c\"><table class=\"s w2e5 h158\" id=\"_5fa7d656-349d-430e-a788-ec8a3791cdeb\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32b8 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32b9 ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h11 y3290 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ba ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32bb ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32bb ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32bc ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60b y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60c y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60d y31cb w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60e y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y31cb wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y31cb w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x613 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y32be ff10e fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other<span class=\"_ _3\"></span> operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with cust<span class=\"_ _3\"></span>omers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x614 y32b7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x615 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x616 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs37d\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs37e\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re of p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ga<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>es </span></div><div class=\"t m1 h11 ff10f fs2 fc0 sc0 ls4 ws3 gs37f\">an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProfitLossFromOperatingActivitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-766": {
   "value": "2 Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span>(i) Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span>Restated<span class=\"_ _3ad\"> </span>2022<span class=\"_ _3ad\"> </span>\u00a3m<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w23b h147\" id=\"_ecf2c7f3-7192-4a69-9018-ae2cc09c2f14\"><tr><td></td><td></td><td class=\"t m1 x225 h1b y3241 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y3242 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y3243 w23c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal (L<span class=\"_ _0\"></span>GR<span class=\"_ _0\"></span>I)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ce y3243 w23d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2e ws38\">2(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cf y3243 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d0 y3243 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3244 w23f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al C<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al (LG<span class=\"_ _0\"></span>C)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d1 y3244 w240 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">2(iii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d2 y3244 w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d3 y3244 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3245 w242 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t (LG<span class=\"_ _0\"></span>IM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d4 y3245 w243 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>(i<span class=\"_ _0\"></span>v)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d5 y3245 w244 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y3245 w245 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3246 w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d7 y3246 w23d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2e ws38\">2(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d8 y3246 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d9 y3246 w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">4<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3247 w247 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">\u2013 Insurance<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4db y3247 w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">138<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4dc y3247 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3089 w249 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">\u2013 Retail Retirement<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4dd y3089 w24a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4de y3089 w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w24b h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4df y3248 w24c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls117 ws126\">2,<span class=\"_ _0\"></span>078<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y3248 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">2,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3249 ff10e fs6 fc0 sc0 lsd ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d4 y324a w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">(2<span class=\"_ _0\"></span>12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e1 y324a w24e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>14)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w24f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e2 y324b wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e3 y324b w250 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w251 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e4 y31ea w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e5 y31ea wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e6 y31eb w254 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">2(v)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e7 y31eb w255 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w256 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>94)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w257 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e9 y31ec w258 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ea y31ec w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w259 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4eb y31ed w25a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ec y31ed w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x214 y31ee w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x215 y31ee w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">3<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ed y31ee w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(86)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w7b h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x216 y324c w7c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ee y324c w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w25c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ta<span class=\"_ _0\"></span>x (cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it)/ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ef y31cb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f0 y31cb w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f1 y31cb w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w25e h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4f2 y31cc w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">939<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w25f h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x219 y312a w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">457<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f4 y312a w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">783<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>is sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e of the Grou<span class=\"_ _0\"></span>p\u2019s key <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>pro<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>es ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>sis of the res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>, and the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p bel<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s that it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es st<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h usefu<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>ir un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess in the yea<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t has be<span class=\"_ _0\"></span>en up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the key prin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of what is mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow and exce<span class=\"_ _0\"></span>pt as note<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, rema<span class=\"_ _0\"></span>in un<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the prior year<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span>Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the pre<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x resu<span class=\"_ _0\"></span>lt excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s cau<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d by ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns or exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>. Key cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in relat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for<span class=\"_ _0\"></span> the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s long<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>t b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow.<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>ise o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e of bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss in t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar, suc<span class=\"_ _0\"></span>h as m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d from ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Long-term <span class=\"_ _3\"></span>insurance Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. V<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al and lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>rn on tr<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d real asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>ll as eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s caus<span class=\"_ _0\"></span>ed by cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in mar<span class=\"_ _0\"></span>ket c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns or exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (e.g. cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion) and any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mi<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d the t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ix o<span class=\"_ _0\"></span>n new p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d for f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e new p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>isk t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s are e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o use<span class=\"_ _0\"></span>d to de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es on i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t opt<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>se the yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts bac<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e back bo<span class=\"_ _0\"></span>ok of ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>w incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>; pri<span class=\"_ _0\"></span>or to the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of such ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s was not inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s long<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>es are als<span class=\"_ _0\"></span>o exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>ise wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e off<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t rul<span class=\"_ _0\"></span>es in IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s view of the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. In par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar, du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a ye<span class=\"_ _0\"></span>ar of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns ca<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d to of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>ny in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s on t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d befo<span class=\"_ _0\"></span>re the new re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is sign<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. In the<span class=\"_ _0\"></span>se cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>t loss (if any) af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, an<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>e dura<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Shareholde<span class=\"_ _0\"></span>r funds<span class=\"_ _3ad\"> </span>Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de bo<span class=\"_ _0\"></span>th the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s trade<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio an<span class=\"_ _0\"></span>d cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for whic<span class=\"_ _0\"></span>h adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g profi<span class=\"_ _0\"></span>t is base<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> on th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. F<span class=\"_ _0\"></span>or th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll a<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>, dev<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns fro<span class=\"_ _0\"></span>m suc<span class=\"_ _0\"></span>h long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in this way inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly in the sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te and hou<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the LGC alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio: the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span>are ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r be sold to othe<span class=\"_ _0\"></span>r par<span class=\"_ _6\"></span>ts of the Gro<span class=\"_ _0\"></span>up or for oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial usa<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, and on whi<span class=\"_ _0\"></span>ch LGC<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>s devel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t risk<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s onc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">\u2018S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019 inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tly in the al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sec<span class=\"_ _0\"></span>tor wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the LGC alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio as well as the fin<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>h bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span>wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il: th<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s in a fas<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>eir l<span class=\"_ _0\"></span>ife c<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e, b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no<span class=\"_ _0\"></span>t ye<span class=\"_ _0\"></span>t rea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d a ste<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l of ea<span class=\"_ _0\"></span>rni<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds also in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es oth<span class=\"_ _0\"></span>er di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for whi<span class=\"_ _0\"></span>ch ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S pro<span class=\"_ _0\"></span>fit be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tax<span class=\"_ _0\"></span>. Dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> for whi<span class=\"_ _0\"></span>ch ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t is refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in this way incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">\u2018S<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up\u2019 inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: the<span class=\"_ _0\"></span>se are co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es in the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g stag<span class=\"_ _0\"></span>es of the<span class=\"_ _0\"></span>ir bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s lifec<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e (i.e. t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y les<span class=\"_ _0\"></span>s than 24 mon<span class=\"_ _0\"></span>ths) and whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span> </span>the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e have li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>pic<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>re in a p<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts: th<span class=\"_ _0\"></span>ese ar<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in thei<span class=\"_ _0\"></span>r final st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es of busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss life<span class=\"_ _0\"></span>cyc<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are sta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es and have sus<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ms of </span>in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h ra<span class=\"_ _0\"></span>te in th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in le<span class=\"_ _0\"></span>ss p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Business<span class=\"_ _3\"></span> segments<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oss t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGR<span class=\"_ _0\"></span>I rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s world<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>de pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGC rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d in dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s prim<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y in the area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te, cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y, </span>ho<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, as well as tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> \u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGI<span class=\"_ _0\"></span>M rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al and re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts U<span class=\"_ _0\"></span>K prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (b<span class=\"_ _0\"></span>oth Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l) an<span class=\"_ _0\"></span>d finte<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, as well as US reta<span class=\"_ _0\"></span>il pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">Re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d dr<span class=\"_ _0\"></span>awdow<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, wo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>kp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>nd li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(ii<span class=\"_ _0\"></span>) Ana<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>sis of LGR<span class=\"_ _0\"></span>I and Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span><table class=\"s w260 h148\" id=\"_47ba9afc-6958-49ad-95e1-df7a9867513b\"><tr><td></td><td class=\"t m1 x4f5 h1b y324d ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f6 h1b y324e ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f7 h11 y324f ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f8 h11 y3250 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3251 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3252 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3253 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3254 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3255 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3256 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3257 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3258 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3259 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the C<span class=\"_ _0\"></span>SM in th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y325a w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8 ws7\">591<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fc y325a waa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">446<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fd y325a w261 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">497<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fe y325a w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">424<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w263 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ff y325b w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x500 y325b w264 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x501 y325b w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x502 y325b w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w266 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Experience variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x503 y325c w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x504 y325c w267 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x505 y325c w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x506 y325c w12f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w269 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Development<span class=\"_ _3\"></span> of loss<span class=\"_ _3\"></span>es on<span class=\"_ _3\"></span> onerous contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x507 y325d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x508 y325d w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x509 y325d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50a y325d w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y325e ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r expenses<span class=\"_ _3ad\"> </span></td><td class=\"c n x50b y324c w26c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50c y324c w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50d y324c w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50e y324c w26d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y325f ff10e fs6 fc0 sc0 ls4 wsd\">Insurance inv<span class=\"_ _3\"></span>estment margin<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y31cb waa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">344<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x510 y31cb w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x511 y31cb w26f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x512 y31cb w114 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w270 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x513 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x514 y31cc w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x515 y31cc we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x516 y31cc w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls3c wse5\">58<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w271 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LG<span class=\"_ _0\"></span>RI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x517 y312a w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x518 y312a we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x519 y312a w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51a y312a w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">415<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in (C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n for R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by \u00a316<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>17m) to excl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mi<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s. </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>th n<span class=\"_ _0\"></span>ew b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ad c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M o<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y </span>un<span class=\"_ _0\"></span>it c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n on a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct lia<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) LGC ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span><table class=\"s w231 h149\" id=\"_f0620bf3-fc73-42bc-b39c-2b3ed70c504e\"><tr><td></td><td class=\"t m1 x1e0 h1b y3260 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3260 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3261 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3261 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3262 ff10e fs6 fc0 sc0 ls4 wsd\">Direct investments<span class=\"_ _3ad\"> </span></td><td class=\"c n x51b y31cb w84 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">371<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51c y31cb w273 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">400<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3263 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x208 y31cc w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51d y31cc w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w276 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LGC ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51f y312a wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>\u2019s po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o of as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy, h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </span>pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to C<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s of \u00a310<span class=\"_ _0\"></span>6m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>172m).<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio h<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s a di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t of e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh<span class=\"_ _3ad\"> </span></span><span class=\"ff10f\"><span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(iv) LGI<span class=\"_ _0\"></span>M adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span><table class=\"s w277 h14a\" id=\"_b2912ae4-cf17-4318-8472-92cb483fc2da\"><tr><td></td><td class=\"t m1 x225 h1b y3264 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3264 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3265 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3265 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c x1e5 y324c w278 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls4 wsd\">Asset management rev<span class=\"_ _3\"></span>enue (<span class=\"_ _3\"></span>excluding t<span class=\"_ _3\"></span>hird<span class=\"_ _0\"></span>-par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y mark<span class=\"_ _3\"></span>et data<span class=\"_ _3\"></span>)</div><div class=\"t m1 x520 h15 y3266 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x22a y324c w279 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls2c ws36\">876<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x521 y324c w14d h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls105 ws1d\">944<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3267 ff10e fs6 fc0 sc0 ls16 ws16\">Asset manageme<span class=\"_ _0\"></span>nt transactional revenue<span class=\"_ _3ad\"> </span></td><td class=\"c n x236 y31cb w27a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x522 y31cb w8b h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3268 ff10e fs6 fc0 sc0 ls16 ws16\">Asset manageme<span class=\"_ _0\"></span>nt expenses (<span class=\"_ _3\"></span>excluding third-<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y market data<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc w27b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">(62<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x523 y31cc w15e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w27c h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LGI<span class=\"_ _0\"></span>M ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y312a w244 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w245 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts of \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6m i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s exe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt f<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s on p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(v) Invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span><table class=\"s w27d h14b\" id=\"_2480a6e3-a12b-4363-a5f9-908a3432791d\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3269 ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y326a ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y326b ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y326c ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y326d ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y326e ff10c fs6 fc0 sc0 lsd ws3\">LG<span class=\"_ _0\"></span>RI a<span class=\"_ _0\"></span>nd R<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x431 ha y326f ff10e fs6 fc0 sc0 lsd ws3\">\u2013 Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s le<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e in li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y3270 w184 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">(58<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x525 y3270 w27e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3271 w27f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x526 y3271 w1f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x527 y3271 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w280 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LG<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x528 y325c w281 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x529 y325c w282 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w283 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">LGC inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52a y325d w20c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52b y325d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3272 ff10e fs6 fc0 sc0 ls13 ws12\">Other inv<span class=\"_ _3\"></span>estment variance<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31ef w285 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52c y31ef w286 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>119<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w287 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws1c\">Investment variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52d y3225 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52e y3225 w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>62<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3273 ff10f fs6 fc0 sc0 lsd ws15\">M&amp;<span class=\"_ _6\"></span>A rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52f y31cc w28a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w28b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal investment and<span class=\"_ _3\"></span> other variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y312a w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x531 y312a w28c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(79<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt v<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r LG<span class=\"_ _0\"></span>RI a<span class=\"_ _0\"></span>nd R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es a \u00a3<span class=\"_ _0\"></span>318m e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>167m exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ra<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e \u00a3167m on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 23 (<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>i) fo<span class=\"_ _0\"></span>r fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r </span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n) alo<span class=\"_ _0\"></span>ng w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e up u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. It a<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f it<span class=\"_ _0\"></span>s exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>21, to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se o<span class=\"_ _0\"></span>f Ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s R<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gy a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er m<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">M&amp;<span class=\"_ _6\"></span>A re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ls a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>ll as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>up </span>co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l for t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s \u00a3181m of c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e M<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n On<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d rea<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and sca<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin LGC an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss), the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s or expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (e.g. cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on), the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of any dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mix a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>ix on n<span class=\"_ _0\"></span>ew p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>isk t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d for f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e new pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n risk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te the CS<span class=\"_ _0\"></span>M at loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in poi<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>of-<span class=\"_ _6\"></span>sal<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s whil<span class=\"_ _0\"></span>st th<span class=\"_ _0\"></span>e ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by cre<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g yea<span class=\"_ _0\"></span>r. The ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ave<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s are<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w28d h14c\" id=\"_18d89d71-1f2a-4400-80f9-3cec87ef31c8\"><tr><td></td><td class=\"c n x3d4 y3275 w28e h13b\"><div class=\"t m1 x1e4 h11 y3274 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x532 y3276 w233 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x533 y3225 w28f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls10 ws2f\">7%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x534 y3225 w28f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 ls105 ws1d\">7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w290 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Commercial property<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x535 y3277 w291 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls27 ws30\">5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x536 y3277 w292 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 ls11 ws3a\">5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w293 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Residential proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x537 y312a w294 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">3.5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x538 y312a w295 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse4 wsee\">3<span class=\"_ _0\"></span>.5%<span class=\"_ _3ad\"> </span></div></td></tr></table>For fixe<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns are base<span class=\"_ _0\"></span>d on aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e pros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve yiel<span class=\"_ _0\"></span>ds for the ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d les<span class=\"_ _0\"></span>s an adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk (asses<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate bas<span class=\"_ _0\"></span>is). <span class=\"_ _3\"></span>W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>st or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>, the ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>n an e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>For eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e LGC alte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve asse<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o and Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in hous<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, clea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy, alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and fin<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re use<span class=\"_ _0\"></span>d for the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of adjus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n is on avera<span class=\"_ _0\"></span>ge be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 10% and 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th our s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s. Rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic to eac<span class=\"_ _0\"></span>h asse<span class=\"_ _0\"></span>t are d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d at t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly. Th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns on<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rates an<span class=\"_ _0\"></span>d infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as well as sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y yiel<span class=\"_ _0\"></span>ds and po<span class=\"_ _0\"></span>wer pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(vi) Se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has five re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ing LGR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, LGC<span class=\"_ _0\"></span>, LGIM<span class=\"_ _0\"></span>, Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as set out in No<span class=\"_ _0\"></span>te 6. Grou<span class=\"_ _0\"></span>p ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>bt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e on n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e reported<span class=\"_ _3\"></span> segments<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>In the U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>, ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to LGRI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ail Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are bac<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a sin<span class=\"_ _0\"></span>gle po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio of asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and on<span class=\"_ _0\"></span>ce a tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n has bee<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to a<span class=\"_ _0\"></span>ny pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e not t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cke<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d on the rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve avera<span class=\"_ _0\"></span>ge size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es by r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ble s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has n<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, a<span class=\"_ _0\"></span>s thi<span class=\"_ _0\"></span>s is no<span class=\"_ _0\"></span>t info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n tha<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to key d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on m<span class=\"_ _0\"></span>aker<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n a re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ass<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on a le<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ath<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>n lin<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th re<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts is f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ken d<span class=\"_ _0\"></span>own w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t in o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>er to b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e dr<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for the year<span class=\"_ _3ad\"> </span><table class=\"s w296 h14e\" id=\"_4f95f906-1d76-423d-904a-20aecac1ae6d\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h1b y3278 ff10c fs2 fc0 sc0 ls35 ws42\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h1b y3279 ff10c fs2 fc0 sc0 ls114 wsa1\">expenses<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h1b y327a ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x241 h1b y327b ff10c fs2 fc0 sc0 ls115 ws8d\">and debt<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53d h1b y327c ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h1b y327c ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y327d ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y327f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3280 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w297 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x543 y31ed w183 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x544 y31ed w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x545 y31ed w298 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x546 y31ed w274 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31ed w24a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x548 y31ed w299 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y31ed w5e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54a y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54b y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54c y3282 w29b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _6\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54d y3282 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>81)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54e y3282 w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54f y3282 w29c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(36<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x550 y3282 w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x553 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x554 y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x555 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x556 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x557 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w29e h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y31cb w29f h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x559 y31cb w2a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55a y31cb w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y31cb w114 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55c y31cb w2a1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55d y31cb w2a2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _6\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55e y31cb w25a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55f y31f8 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x560 y31f8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x561 y31f8 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x562 y31f8 w2a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x563 y31f8 w2a5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">63<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x564 y31f8 w2a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">131<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x565 y31f8 w2a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">367<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2a8 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y312a w2a9 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc7 wsd6\">6<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x566 y312a w2aa h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x567 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y312a w2ab h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x569 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56a y312a w2ac h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(65<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w2ad h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2ae h14f\" id=\"_dff219e5-7fe8-4b88-a396-63badf84b4ba\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h11 y3283 ff10e fs2 fc0 sc0 ls3a ws46\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h11 y3284 ff10e fs2 fc0 sc0 ls63 ws6f\">expense<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h11 y3285 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y3286 ff10e fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y3287 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h11 y3288 ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y3289 ff10e fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3289 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y328a ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y328b ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w2af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56c y328d w2b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y328d wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56e y328d w2b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56f y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y328d w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x571 y328d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x572 y328d w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x573 y31c8 w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x574 y31c8 w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x575 y31c8 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(8<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x576 y31c8 w2b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsbe wsce\">69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x577 y31c8 w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x578 y31c8 w9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x579 y31c8 w2b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57c y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57e y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57f y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x580 y31cb w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">670<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x581 y31cb w2b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x582 y31cb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">259<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x583 y31cb w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x584 y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x585 y31cb w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y31cb w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x (exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x586 y31cc w2bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x587 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(26)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x588 y31cc w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls26 ws2e\">(3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x589 y31cc w2bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58a y31cc w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(32)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y31cc w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58b y31cc w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) for the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58c y312a w2c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">5<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58d y312a w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls11 ws3a\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58e y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">229<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y312a w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">223<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x590 y312a w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x591 y312a w2c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y312a w14a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>(b) T<span class=\"_ _c\"></span>ota<span class=\"_ _0\"></span>l reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d in N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>0. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of othe<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the sha<span class=\"_ _0\"></span>re of profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as well as gai<span class=\"_ _0\"></span>ns/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es on disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t the r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e by th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span><table class=\"s w2c7 h150\" id=\"_87411df8-4e8a-42bc-bb79-15c88f8b1650\"><tr><td></td><td class=\"t m1 x593 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y328e ff10c fs2 fc0 sc0 ls4 ws3\">Res<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y328e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y328f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x595 y31f6 w2c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x596 y31f6 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x597 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x598 y31f6 w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x599 y31f7 w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">652<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59a y31f7 w2cc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59b y31f7 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59c y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31f8 w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59e y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a0 y31f8 wcc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a1 y312a w2d1 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,99<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a2 y312a w2d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a3 y312a we7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls16 ws25\">208<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a4 y312a w2d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>111<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2d4 h151\" id=\"_3b1edc5a-c93e-4375-b11f-090de157053b\"><tr><td></td><td class=\"t m1 x33a h11 y3290 ff10e fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h11 y3290 ff10f fs2 fc0 sc0 ls181 ws1a3\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5a5 h11 y3290 ff10f fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3290 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3291 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a6 y324c w2d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,92<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a7 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y324c w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a9 y324c w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls116 ws123\">8,683<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y31cb w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">7<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ab y31cb w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ac y31cb w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y31cb w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31cc w2d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ae y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b0 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b1 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b2 y312a w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b3 y312a w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l reven<span class=\"_ _0\"></span>ue \u2013 int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l/ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span><table class=\"s w2db h152\" id=\"_df03cce4-0227-4a27-a00f-f6793794da96\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h1b y3292 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3293 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h1b y3294 ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"c x5b7 y3296 w2dc h153\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM</div><div class=\"t m1 x5b6 h9d y3295 ff10c fs27 fc0 sc0 ls182 ws1a4\">1,2<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5b8 h1b y3294 ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3297 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3298 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3294 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3299 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bc h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y329a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w2dd h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5bf y31f7 w274 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c2 y31f7 w2de h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">(169<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c3 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y31f8 w2e0 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c5 y31f8 w2e1 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c6 y31f8 w2d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c7 y31f8 w51 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f8 w128 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c9 y31f8 w2e2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"> </span>,111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ca y312a w2e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cb y312a w2e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cc y312a w2d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cd y312a wcc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ce y312a we2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cf y312a w2e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"></span>,111<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1,2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h154\" id=\"_e32e4b48-bc5a-4d6a-8442-d0c3ea950d56\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h11 y329b ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y329c ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b8 h11 y329d ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y329e ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y329f ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32a0 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32a1 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d2 y31cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d3 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d5 y31cb w2e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d7 y31cc w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>492<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d8 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d9 y31cc w2e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,086<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5da y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5db y31cc w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dc y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dd y312a w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4,<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5de y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5df y312a w2ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,0<span class=\"_ _0\"></span>86<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e0 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e1 y312a w2ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e2 y312a w2ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGI<span class=\"_ _0\"></span>M ex<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>(d) Fees fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e fee<span class=\"_ _0\"></span>s for a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll as r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r for c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span><table class=\"s w2db h155\" id=\"_a276a95e-d339-4d45-a290-633f0f38dd07\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32a2 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32a3 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y32a4 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32a5 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32a6 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32a4 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y32a7 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32a8 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31e5 w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e4 y31e5 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">864<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y31e5 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e6 y31e5 w2f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e7 y31e5 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">800<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31e6 w2f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5eb y31e6 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f4 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ee y312a w26c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y312a w61 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h156\" id=\"_6d1fe67f-ec16-483e-9d3a-ebfb2cc754bf\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32a9 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32aa ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y32ab ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ac ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y32ad ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32ab ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32ae ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32af ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y31cb wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse4 wsee\">953<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f0 y31cb w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f1 y31cb w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f2 y31cb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">873<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f4 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f6 y312a w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f7 y312a w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f8 y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGC a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LGC i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. </span>(e<span class=\"_ _c\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>rom c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e br<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h157\" id=\"_f1bd3f1a-fa02-44af-931b-4de35cf73a48\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32b0 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32b1 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h1b y328e ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32b2 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32b4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f9 y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fb y31f6 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y31f6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fd y31f7 w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x600 y31f7 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x601 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x602 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x604 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y32b6 ff10c fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other operati<span class=\"_ _3\"></span>onal income f<span class=\"_ _3\"></span>rom contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x606 y32b7 w8c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x607 y32b7 w51 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x608 y32b7 wcc h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h158\" id=\"_5fa7d656-349d-430e-a788-ec8a3791cdeb\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32b8 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32b9 ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h11 y3290 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ba ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32bb ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32bb ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32bc ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60b y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60c y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60d y31cb w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60e y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y31cb wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y31cb w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x613 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y32be ff10e fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other<span class=\"_ _3\"></span> operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with cust<span class=\"_ _3\"></span>omers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x614 y32b7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x615 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x616 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re of p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ga<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>es </span>an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>3 In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w2ff h159\" id=\"_7a4668c2-cef2-4383-9401-3aa94ad53579\"><tr><td></td><td></td><td></td><td class=\"t m1 x1df h11 y32bf ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y32c0 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32c1 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"c n x617 y32c2 w300 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1e2 h1b y32c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x618 y32c2 w301 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c4 w302 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x619 y32c4 w303 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y32c4 w304 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls1a ws2c\">6,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c5 w305 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c5 w61 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">573<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61c y32c5 w306 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls184 ws13\">543<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c6 w307 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>als of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4e ws5a\">329<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61d y32c6 w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">116<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c7 w308 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f cos<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y32c7 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61f y32c7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x620 y32c7 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w30a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Redundancy costs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x621 y32c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y32ca w30b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse ws28\">Lease rentals</div><div class=\"t m1 x623 h15 y32c9 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21f y32cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x624 y32cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w30c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Auditor\u2019s<span class=\"_ _3\"></span> remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x625 y32cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y32cc w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x627 y32cc w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w310 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Depreciation and impa<span class=\"_ _3\"></span>irment of plant<span class=\"_ _3\"></span> and equipment<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x628 y3248 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x629 y3248 w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62a y3248 w311 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w312 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Amor<span class=\"_ _0\"></span>tisation and<span class=\"_ _3\"></span> impairment of<span class=\"_ _3\"></span> intangible assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62b y32cd we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62c y32cd w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62d y32cd w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32ce ff10e fs6 fc0 sc0 ls16 ws16\">House building expenses<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x1ed y32cf we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62e y32cf w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">1,12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w315 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r administrative expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x62f y32d0 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x630 y32d0 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">9<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w316 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x631 y31eb w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w318 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x632 y31ec w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y31ec w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w319 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt lo<span class=\"_ _0\"></span>ss on as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x2d6 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y31ee w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y31ee w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32d1 ff10e fs6 fc0 sc0 ls2b ws8d\">Represent<span class=\"_ _3\"></span>ed by:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3225 w31c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">\u2013 Insurance ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x637 y3225 w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">8,<span class=\"_ _0\"></span>373<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x638 y3225 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w31f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x639 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">3,430<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x63a y31cc w321 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y312a w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y312a w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Le<span class=\"_ _0\"></span>ase r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or l<span class=\"_ _0\"></span>ow va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A tot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>f \u00a31,5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m) of ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 2 (vi<span class=\"_ _0\"></span>) (e))<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-753": {
   "value": "2 Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit i<span class=\"_ _0\"></span>nfo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span>(i) Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span>Restated<span class=\"_ _3ad\"> </span>2022<span class=\"_ _3ad\"> </span>\u00a3m<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w23b h147\" id=\"_ecf2c7f3-7192-4a69-9018-ae2cc09c2f14\"><tr><td></td><td></td><td class=\"t m1 x225 h1b y3241 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y3242 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"c n x1e5 y3243 w23c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal (L<span class=\"_ _0\"></span>GR<span class=\"_ _0\"></span>I)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ce y3243 w23d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2e ws38\">2(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4cf y3243 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d0 y3243 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3244 w23f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al C<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al (LG<span class=\"_ _0\"></span>C)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d1 y3244 w240 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">2(iii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d2 y3244 w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d3 y3244 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3245 w242 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t (LG<span class=\"_ _0\"></span>IM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d4 y3245 w243 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>(i<span class=\"_ _0\"></span>v)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d5 y3245 w244 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y3245 w245 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3246 w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d7 y3246 w23d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2e ws38\">2(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d8 y3246 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d9 y3246 w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">4<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3247 w247 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">\u2013 Insurance<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4db y3247 w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">138<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4dc y3247 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3089 w249 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">\u2013 Retail Retirement<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4dd y3089 w24a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4de y3089 w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w24b h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4df y3248 w24c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls117 ws126\">2,<span class=\"_ _0\"></span>078<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y3248 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">2,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3249 ff10e fs6 fc0 sc0 lsd ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d4 y324a w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">(2<span class=\"_ _0\"></span>12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e1 y324a w24e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>14)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w24f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e2 y324b wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e3 y324b w250 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w251 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e4 y31ea w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e5 y31ea wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e6 y31eb w254 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">2(v)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e7 y31eb w255 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w256 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>94)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w257 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4e9 y31ec w258 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ea y31ec w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w259 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4eb y31ed w25a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ec y31ed w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x214 y31ee w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x215 y31ee w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">3<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ed y31ee w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(86)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w7b h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x216 y324c w7c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ee y324c w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w25c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ta<span class=\"_ _0\"></span>x (cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it)/ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ef y31cb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f0 y31cb w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f1 y31cb w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w25e h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x4f2 y31cc w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">939<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w25f h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x219 y312a w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">457<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f4 y312a w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">783<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t on n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>is sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e of the Grou<span class=\"_ _0\"></span>p\u2019s key <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>pro<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>es ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>sis of the res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>, and the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p bel<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s that it prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es st<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h usefu<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to enha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>ir un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of the bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess in the yea<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>W<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ile th<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t has be<span class=\"_ _0\"></span>en up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3\"></span>, the key prin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es of what is mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>t bel<span class=\"_ _0\"></span>ow and exce<span class=\"_ _0\"></span>pt as note<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, rema<span class=\"_ _0\"></span>in un<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the prior year<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span>Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s the pre<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x resu<span class=\"_ _0\"></span>lt excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s cau<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d by ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns or exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>. Key cons<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in relat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for<span class=\"_ _0\"></span> the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s long<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>t b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow.<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>ise o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e of bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss in t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar, suc<span class=\"_ _0\"></span>h as m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>nd ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d from ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Long-term <span class=\"_ _3\"></span>insurance Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons for th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. V<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al and lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>rn on tr<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d real asse<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>ll as eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s caus<span class=\"_ _0\"></span>ed by cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in mar<span class=\"_ _0\"></span>ket c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns or exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons (e.g. cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion) and any dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mi<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d the t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>et m<span class=\"_ _0\"></span>ix o<span class=\"_ _0\"></span>n new p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d for f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e new p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>isk t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s are e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o use<span class=\"_ _0\"></span>d to de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te for a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es on i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t opt<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>se the yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts bac<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e back bo<span class=\"_ _0\"></span>ok of ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>w incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>; pri<span class=\"_ _0\"></span>or to the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>ion of IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of such ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s was not inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>For th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s long<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>es are als<span class=\"_ _0\"></span>o exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mis<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>ise wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e off<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t rul<span class=\"_ _0\"></span>es in IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 do not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s view of the net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n. In par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar, du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a ye<span class=\"_ _0\"></span>ar of re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns ca<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d to of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>ny in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s on t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> the<span class=\"_ _0\"></span>y are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d befo<span class=\"_ _0\"></span>re the new re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is sign<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d. In the<span class=\"_ _0\"></span>se cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses ar<span class=\"_ _0\"></span>e red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>t loss (if any) af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, an<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed over th<span class=\"_ _0\"></span>e dura<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Shareholde<span class=\"_ _0\"></span>r funds<span class=\"_ _3ad\"> </span>Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de bo<span class=\"_ _0\"></span>th the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s trade<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio an<span class=\"_ _0\"></span>d cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for whic<span class=\"_ _0\"></span>h adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g profi<span class=\"_ _0\"></span>t is base<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> on th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to b<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. F<span class=\"_ _0\"></span>or th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll a<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>, dev<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns fro<span class=\"_ _0\"></span>m suc<span class=\"_ _0\"></span>h long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in this way inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly in the sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te and hou<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the LGC alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio: the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </span>are ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r be sold to othe<span class=\"_ _0\"></span>r par<span class=\"_ _6\"></span>ts of the Gro<span class=\"_ _0\"></span>up or for oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial usa<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, and on whi<span class=\"_ _0\"></span>ch LGC<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>s devel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t risk<span class=\"_ _0\"></span>s and exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>rea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s onc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">\u2018S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019 inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tly in the al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sec<span class=\"_ _0\"></span>tor wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the LGC alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio as well as the fin<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>h bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </span>wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il: th<span class=\"_ _0\"></span>ese a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s in a fas<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>gr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>eir l<span class=\"_ _0\"></span>ife c<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e, b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have no<span class=\"_ _0\"></span>t ye<span class=\"_ _0\"></span>t rea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d a ste<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ate l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l of ea<span class=\"_ _0\"></span>rni<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds also in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es oth<span class=\"_ _0\"></span>er di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts for whi<span class=\"_ _0\"></span>ch ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e IFR<span class=\"_ _0\"></span>S pro<span class=\"_ _0\"></span>fit be<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e tax<span class=\"_ _0\"></span>. Dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> for whi<span class=\"_ _0\"></span>ch ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t is refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in this way incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">\u2018S<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up\u2019 inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s: the<span class=\"_ _0\"></span>se are co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es in the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g stag<span class=\"_ _0\"></span>es of the<span class=\"_ _0\"></span>ir bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s lifec<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e (i.e. t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y les<span class=\"_ _0\"></span>s than 24 mon<span class=\"_ _0\"></span>ths) and whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span> </span>the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e have li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>pic<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>re in a p<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts: th<span class=\"_ _0\"></span>ese ar<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in thei<span class=\"_ _0\"></span>r final st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es of busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss life<span class=\"_ _0\"></span>cyc<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>y are sta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es and have sus<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ms of </span>in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e g<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h ra<span class=\"_ _0\"></span>te in th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ir ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs is e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in le<span class=\"_ _0\"></span>ss p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Business<span class=\"_ _3\"></span> segments<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>oss t<span class=\"_ _0\"></span>he fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGR<span class=\"_ _0\"></span>I rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s world<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>de pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGC rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts inve<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d in dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s prim<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y in the area<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te, cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y, </span>ho<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, as well as tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d and tre<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> \u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">LGI<span class=\"_ _0\"></span>M rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al and re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff10f fc0\">Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts U<span class=\"_ _0\"></span>K prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (b<span class=\"_ _0\"></span>oth Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l) an<span class=\"_ _0\"></span>d finte<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, as well as US reta<span class=\"_ _0\"></span>il pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"fc0 ws3\">Re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d dr<span class=\"_ _0\"></span>awdow<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, wo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>kp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce s<span class=\"_ _0\"></span>avin<span class=\"_ _0\"></span>gs a<span class=\"_ _0\"></span>nd li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(ii<span class=\"_ _0\"></span>) Ana<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>sis of LGR<span class=\"_ _0\"></span>I and Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span><table class=\"s w260 h148\" id=\"_47ba9afc-6958-49ad-95e1-df7a9867513b\"><tr><td></td><td class=\"t m1 x4f5 h1b y324d ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f6 h1b y324e ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f7 h11 y324f ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f8 h11 y3250 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3251 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3252 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3253 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3254 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3255 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3256 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3257 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3258 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3259 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the C<span class=\"_ _0\"></span>SM in th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y325a w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8 ws7\">591<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fc y325a waa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">446<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fd y325a w261 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">497<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fe y325a w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls19 ws1a\">424<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w263 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ff y325b w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x500 y325b w264 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x501 y325b w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x502 y325b w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w266 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Experience variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x503 y325c w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x504 y325c w267 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x505 y325c w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x506 y325c w12f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w269 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Development<span class=\"_ _3\"></span> of loss<span class=\"_ _3\"></span>es on<span class=\"_ _3\"></span> onerous contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x507 y325d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x508 y325d w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x509 y325d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50a y325d w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y325e ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r expenses<span class=\"_ _3ad\"> </span></td><td class=\"c n x50b y324c w26c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50c y324c w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50d y324c w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50e y324c w26d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y325f ff10e fs6 fc0 sc0 ls4 wsd\">Insurance inv<span class=\"_ _3\"></span>estment margin<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y31cb waa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">344<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x510 y31cb w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x511 y31cb w26f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls2b ws12b\">280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x512 y31cb w114 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w270 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x513 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x514 y31cc w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x515 y31cc we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x516 y31cc w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls3c wse5\">58<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w271 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LG<span class=\"_ _0\"></span>RI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x517 y312a w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x518 y312a we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x519 y312a w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51a y312a w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc8 wsd7\">415<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>in (C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M) a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n for R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il ha<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by \u00a316<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>17m) to excl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mi<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s. </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>th n<span class=\"_ _0\"></span>ew b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ex<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>e ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ad c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot a<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M o<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y </span>un<span class=\"_ _0\"></span>it c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>s pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n on a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct lia<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts ba<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) LGC ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span><table class=\"s w231 h149\" id=\"_f0620bf3-fc73-42bc-b39c-2b3ed70c504e\"><tr><td></td><td class=\"t m1 x1e0 h1b y3260 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3260 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3261 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3261 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3262 ff10e fs6 fc0 sc0 ls4 wsd\">Direct investments<span class=\"_ _3ad\"> </span></td><td class=\"c n x51b y31cb w84 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">371<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51c y31cb w273 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">400<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3263 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x208 y31cc w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51d y31cc w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w276 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LGC ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51f y312a wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>\u2019s po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o of as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy, h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </span>pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to C<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s of \u00a310<span class=\"_ _0\"></span>6m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>172m).<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio h<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s a di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t of e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>sh<span class=\"_ _3ad\"> </span></span>(iv) LGI<span class=\"_ _0\"></span>M adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span><table class=\"s w277 h14a\" id=\"_b2912ae4-cf17-4318-8472-92cb483fc2da\"><tr><td></td><td class=\"t m1 x225 h1b y3264 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3264 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3265 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3265 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c x1e5 y324c w278 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls4 wsd\">Asset management rev<span class=\"_ _3\"></span>enue (<span class=\"_ _3\"></span>excluding t<span class=\"_ _3\"></span>hird<span class=\"_ _0\"></span>-par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y mark<span class=\"_ _3\"></span>et data<span class=\"_ _3\"></span>)</div><div class=\"t m1 x520 h15 y3266 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x22a y324c w279 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls2c ws36\">876<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x521 y324c w14d h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls105 ws1d\">944<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3267 ff10e fs6 fc0 sc0 ls16 ws16\">Asset manageme<span class=\"_ _0\"></span>nt transactional revenue<span class=\"_ _3ad\"> </span></td><td class=\"c n x236 y31cb w27a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x522 y31cb w8b h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3268 ff10e fs6 fc0 sc0 ls16 ws16\">Asset manageme<span class=\"_ _0\"></span>nt expenses (<span class=\"_ _3\"></span>excluding third-<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y market data<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc w27b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">(62<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x523 y31cc w15e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w27c h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LGI<span class=\"_ _0\"></span>M ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y312a w244 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w245 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>nd e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts of \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6m i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o th<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y m<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om e<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s exe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e, t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt f<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s on p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(v) Invest<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span><table class=\"s w27d h14b\" id=\"_2480a6e3-a12b-4363-a5f9-908a3432791d\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3269 ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y326a ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y326b ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y326c ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y326d ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y326e ff10c fs6 fc0 sc0 lsd ws3\">LG<span class=\"_ _0\"></span>RI a<span class=\"_ _0\"></span>nd R<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x431 ha y326f ff10e fs6 fc0 sc0 lsd ws3\">\u2013 Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s le<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>an e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e in li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y3270 w184 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2f ws39\">(58<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x525 y3270 w27e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3271 w27f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x526 y3271 w1f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x527 y3271 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w280 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al LG<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x528 y325c w281 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x529 y325c w282 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w283 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">LGC inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52a y325d w20c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52b y325d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3272 ff10e fs6 fc0 sc0 ls13 ws12\">Other inv<span class=\"_ _3\"></span>estment variance<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31ef w285 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52c y31ef w286 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>119<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w287 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws1c\">Investment variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52d y3225 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52e y3225 w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>62<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3273 ff10f fs6 fc0 sc0 lsd ws15\">M&amp;<span class=\"_ _6\"></span>A rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er va<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52f y31cc w28a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w28b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal investment and<span class=\"_ _3\"></span> other variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y312a w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x531 y312a w28c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(79<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt v<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r LG<span class=\"_ _0\"></span>RI a<span class=\"_ _0\"></span>nd R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es a \u00a3<span class=\"_ _0\"></span>318m e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>167m exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ra<span class=\"_ _0\"></span>te d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e \u00a3167m on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ff s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 23 (<span class=\"_ _0\"></span>ii<span class=\"_ _0\"></span>i) fo<span class=\"_ _0\"></span>r fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r </span>in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n) alo<span class=\"_ _0\"></span>ng w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e up u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. It a<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f it<span class=\"_ _0\"></span>s exi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>21, to in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase t<span class=\"_ _0\"></span>he u<span class=\"_ _0\"></span>se o<span class=\"_ _0\"></span>f Ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s R<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gy a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er m<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">M&amp;<span class=\"_ _6\"></span>A re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ls a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s we<span class=\"_ _0\"></span>ll as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>up </span>co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l for t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s \u00a3181m of c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e M<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt i<span class=\"_ _0\"></span>n On<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d rea<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and sca<span class=\"_ _0\"></span>le<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin LGC an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss), the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ed by cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s or expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (e.g. cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on), the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of any dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span> all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t mix a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>ix on n<span class=\"_ _0\"></span>ew p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on r<span class=\"_ _0\"></span>isk t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e yie<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>sso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d for f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e new pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n risk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g long<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, rec<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te the CS<span class=\"_ _0\"></span>M at loc<span class=\"_ _0\"></span>ked<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>in poi<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>of-<span class=\"_ _6\"></span>sal<span class=\"_ _0\"></span>e dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s whil<span class=\"_ _0\"></span>st th<span class=\"_ _0\"></span>e ful<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt cas<span class=\"_ _0\"></span>h flows are me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>by cre<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng a com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n op<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts at t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g yea<span class=\"_ _0\"></span>r. The ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of the e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s for t<span class=\"_ _0\"></span>rad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>re bas<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm h<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic ave<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ycl<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s are<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w28d h14c\" id=\"_18d89d71-1f2a-4400-80f9-3cec87ef31c8\"><tr><td></td><td class=\"c n x3d4 y3275 w28e h13b\"><div class=\"t m1 x1e4 h11 y3274 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x532 y3276 w233 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x533 y3225 w28f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls10 ws2f\">7%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x534 y3225 w28f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 ls105 ws1d\">7%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w290 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Commercial property<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x535 y3277 w291 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls27 ws30\">5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x536 y3277 w292 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 ls11 ws3a\">5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w293 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Residential proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x537 y312a w294 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">3.5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x538 y312a w295 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse4 wsee\">3<span class=\"_ _0\"></span>.5%<span class=\"_ _3ad\"> </span></div></td></tr></table>For fixe<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>PL<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns are base<span class=\"_ _0\"></span>d on aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e pros<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve yiel<span class=\"_ _0\"></span>ds for the ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d les<span class=\"_ _0\"></span>s an adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk (asses<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mate bas<span class=\"_ _0\"></span>is). <span class=\"_ _3\"></span>W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at amor<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>st or F<span class=\"_ _0\"></span>VO<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>, the ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me o<span class=\"_ _0\"></span>n an e<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate ba<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>For eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e LGC alte<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve asse<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o and Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l\u2019s Insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in hous<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, spe<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, clea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gy, alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and fin<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>. Whe<span class=\"_ _0\"></span>re use<span class=\"_ _0\"></span>d for the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of adjus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>n is on avera<span class=\"_ _0\"></span>ge be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 10% and 1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th our s<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s. Rate<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic to eac<span class=\"_ _0\"></span>h asse<span class=\"_ _0\"></span>t are d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d at t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly. Th<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns on<span class=\"_ _0\"></span> ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rates an<span class=\"_ _0\"></span>d infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as well as sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fic as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>l and co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y yiel<span class=\"_ _0\"></span>ds and po<span class=\"_ _0\"></span>wer pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(vi) Se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has five re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ing LGR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, LGC<span class=\"_ _0\"></span>, LGIM<span class=\"_ _0\"></span>, Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as set out in No<span class=\"_ _0\"></span>te 6. Grou<span class=\"_ _0\"></span>p ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>bt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e on n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e reported<span class=\"_ _3\"></span> segments<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>In the U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>, ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to LGRI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ail Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are bac<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a sin<span class=\"_ _0\"></span>gle po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio of asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and on<span class=\"_ _0\"></span>ce a tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n has bee<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to a<span class=\"_ _0\"></span>ny pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e not t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cke<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d on the rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve avera<span class=\"_ _0\"></span>ge size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es by r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ble s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has n<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, a<span class=\"_ _0\"></span>s thi<span class=\"_ _0\"></span>s is no<span class=\"_ _0\"></span>t info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n tha<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to key d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on m<span class=\"_ _0\"></span>aker<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n a re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ass<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on a le<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ath<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>n lin<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th re<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts is f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ken d<span class=\"_ _0\"></span>own w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t in o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>er to b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e dr<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for the year<span class=\"_ _3ad\"> </span><table class=\"s w296 h14e\" id=\"_4f95f906-1d76-423d-904a-20aecac1ae6d\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h1b y3278 ff10c fs2 fc0 sc0 ls35 ws42\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h1b y3279 ff10c fs2 fc0 sc0 ls114 wsa1\">expenses<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h1b y327a ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x241 h1b y327b ff10c fs2 fc0 sc0 ls115 ws8d\">and debt<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53d h1b y327c ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h1b y327c ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y327d ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y327f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3280 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w297 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x543 y31ed w183 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x544 y31ed w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x545 y31ed w298 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x546 y31ed w274 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31ed w24a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x548 y31ed w299 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y31ed w5e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54a y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54b y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54c y3282 w29b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _6\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54d y3282 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>81)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54e y3282 w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54f y3282 w29c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(36<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x550 y3282 w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x553 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x554 y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x555 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x556 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x557 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w29e h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y31cb w29f h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x559 y31cb w2a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55a y31cb w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y31cb w114 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55c y31cb w2a1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55d y31cb w2a2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _6\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55e y31cb w25a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55f y31f8 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x560 y31f8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x561 y31f8 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x562 y31f8 w2a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x563 y31f8 w2a5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">63<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x564 y31f8 w2a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">131<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x565 y31f8 w2a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">367<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2a8 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y312a w2a9 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc7 wsd6\">6<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x566 y312a w2aa h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x567 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y312a w2ab h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x569 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56a y312a w2ac h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(65<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w2ad h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2ae h14f\" id=\"_dff219e5-7fe8-4b88-a396-63badf84b4ba\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h11 y3283 ff10e fs2 fc0 sc0 ls3a ws46\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h11 y3284 ff10e fs2 fc0 sc0 ls63 ws6f\">expense<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h11 y3285 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y3286 ff10e fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y3287 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h11 y3288 ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y3289 ff10e fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3289 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y328a ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y328b ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w2af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56c y328d w2b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y328d wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56e y328d w2b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56f y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y328d w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x571 y328d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x572 y328d w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x573 y31c8 w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x574 y31c8 w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x575 y31c8 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(8<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x576 y31c8 w2b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsbe wsce\">69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x577 y31c8 w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x578 y31c8 w9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x579 y31c8 w2b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57c y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57e y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57f y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x580 y31cb w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">670<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x581 y31cb w2b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x582 y31cb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">259<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x583 y31cb w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x584 y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x585 y31cb w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y31cb w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x (exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x586 y31cc w2bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x587 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(26)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x588 y31cc w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls26 ws2e\">(3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x589 y31cc w2bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58a y31cc w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(32)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y31cc w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58b y31cc w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) for the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58c y312a w2c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">5<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58d y312a w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls11 ws3a\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58e y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">229<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y312a w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">223<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x590 y312a w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x591 y312a w2c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y312a w14a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>(b) T<span class=\"_ _c\"></span>ota<span class=\"_ _0\"></span>l reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d in N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>0. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of othe<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the sha<span class=\"_ _0\"></span>re of profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as well as gai<span class=\"_ _0\"></span>ns/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es on disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t the r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e by th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span><table class=\"s w2c7 h150\" id=\"_87411df8-4e8a-42bc-bb79-15c88f8b1650\"><tr><td></td><td class=\"t m1 x593 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y328e ff10c fs2 fc0 sc0 ls4 ws3\">Res<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y328e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y328f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x595 y31f6 w2c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x596 y31f6 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x597 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x598 y31f6 w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x599 y31f7 w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">652<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59a y31f7 w2cc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59b y31f7 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59c y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31f8 w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59e y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a0 y31f8 wcc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a1 y312a w2d1 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,99<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a2 y312a w2d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a3 y312a we7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls16 ws25\">208<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a4 y312a w2d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>111<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2d4 h151\" id=\"_3b1edc5a-c93e-4375-b11f-090de157053b\"><tr><td></td><td class=\"t m1 x33a h11 y3290 ff10e fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h11 y3290 ff10f fs2 fc0 sc0 ls181 ws1a3\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5a5 h11 y3290 ff10f fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3290 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3291 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a6 y324c w2d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,92<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a7 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y324c w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a9 y324c w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls116 ws123\">8,683<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y31cb w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">7<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ab y31cb w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ac y31cb w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y31cb w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31cc w2d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ae y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b0 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b1 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b2 y312a w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b3 y312a w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l reven<span class=\"_ _0\"></span>ue \u2013 int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l/ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span><table class=\"s w2db h152\" id=\"_df03cce4-0227-4a27-a00f-f6793794da96\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h1b y3292 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3293 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h1b y3294 ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"c x5b7 y3296 w2dc h153\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM</div><div class=\"t m1 x5b6 h9d y3295 ff10c fs27 fc0 sc0 ls182 ws1a4\">1,2<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5b8 h1b y3294 ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3297 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3298 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3294 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3299 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bc h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y329a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w2dd h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5bf y31f7 w274 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c2 y31f7 w2de h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">(169<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c3 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y31f8 w2e0 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c5 y31f8 w2e1 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c6 y31f8 w2d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c7 y31f8 w51 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f8 w128 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c9 y31f8 w2e2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"> </span>,111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ca y312a w2e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cb y312a w2e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cc y312a w2d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cd y312a wcc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ce y312a we2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cf y312a w2e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"></span>,111<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1,2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h154\" id=\"_e32e4b48-bc5a-4d6a-8442-d0c3ea950d56\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h11 y329b ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y329c ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b8 h11 y329d ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y329e ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y329f ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32a0 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32a1 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d2 y31cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d3 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d5 y31cb w2e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d7 y31cc w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>492<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d8 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d9 y31cc w2e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,086<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5da y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5db y31cc w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dc y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dd y312a w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4,<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5de y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5df y312a w2ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,0<span class=\"_ _0\"></span>86<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e0 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e1 y312a w2ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e2 y312a w2ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGI<span class=\"_ _0\"></span>M ex<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>(d) Fees fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e fee<span class=\"_ _0\"></span>s for a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll as r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r for c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span><table class=\"s w2db h155\" id=\"_a276a95e-d339-4d45-a290-633f0f38dd07\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32a2 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32a3 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y32a4 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32a5 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32a6 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32a4 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y32a7 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32a8 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31e5 w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e4 y31e5 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">864<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y31e5 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e6 y31e5 w2f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e7 y31e5 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">800<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31e6 w2f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5eb y31e6 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f4 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ee y312a w26c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y312a w61 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h156\" id=\"_6d1fe67f-ec16-483e-9d3a-ebfb2cc754bf\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32a9 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32aa ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y32ab ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ac ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y32ad ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32ab ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32ae ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32af ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y31cb wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse4 wsee\">953<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f0 y31cb w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f1 y31cb w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f2 y31cb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">873<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f4 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f6 y312a w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f7 y312a w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f8 y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGC a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LGC i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. </span>(e<span class=\"_ _c\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>rom c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e br<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h157\" id=\"_f1bd3f1a-fa02-44af-931b-4de35cf73a48\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32b0 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32b1 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h1b y328e ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32b2 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32b4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f9 y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fb y31f6 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y31f6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fd y31f7 w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x600 y31f7 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x601 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x602 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x604 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y32b6 ff10c fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other operati<span class=\"_ _3\"></span>onal income f<span class=\"_ _3\"></span>rom contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x606 y32b7 w8c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x607 y32b7 w51 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x608 y32b7 wcc h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h158\" id=\"_5fa7d656-349d-430e-a788-ec8a3791cdeb\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32b8 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32b9 ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h11 y3290 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ba ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32bb ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32bb ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32bc ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60b y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60c y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60d y31cb w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60e y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y31cb wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y31cb w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x613 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y32be ff10e fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other<span class=\"_ _3\"></span> operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with cust<span class=\"_ _3\"></span>omers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x614 y32b7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x615 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x616 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re of p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ga<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>es </span>an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>3 In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w2ff h159\" id=\"_7a4668c2-cef2-4383-9401-3aa94ad53579\"><tr><td></td><td></td><td></td><td class=\"t m1 x1df h11 y32bf ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y32c0 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32c1 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"c n x617 y32c2 w300 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1e2 h1b y32c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x618 y32c2 w301 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c4 w302 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x619 y32c4 w303 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y32c4 w304 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls1a ws2c\">6,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c5 w305 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c5 w61 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">573<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61c y32c5 w306 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls184 ws13\">543<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c6 w307 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>als of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4e ws5a\">329<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61d y32c6 w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">116<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c7 w308 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f cos<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y32c7 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61f y32c7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x620 y32c7 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w30a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Redundancy costs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x621 y32c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y32ca w30b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse ws28\">Lease rentals</div><div class=\"t m1 x623 h15 y32c9 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21f y32cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x624 y32cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w30c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Auditor\u2019s<span class=\"_ _3\"></span> remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x625 y32cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y32cc w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x627 y32cc w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w310 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Depreciation and impa<span class=\"_ _3\"></span>irment of plant<span class=\"_ _3\"></span> and equipment<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x628 y3248 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x629 y3248 w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62a y3248 w311 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w312 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Amor<span class=\"_ _0\"></span>tisation and<span class=\"_ _3\"></span> impairment of<span class=\"_ _3\"></span> intangible assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62b y32cd we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62c y32cd w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62d y32cd w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32ce ff10e fs6 fc0 sc0 ls16 ws16\">House building expenses<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x1ed y32cf we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62e y32cf w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">1,12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w315 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r administrative expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x62f y32d0 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x630 y32d0 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">9<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w316 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x631 y31eb w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w318 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x632 y31ec w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y31ec w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w319 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt lo<span class=\"_ _0\"></span>ss on as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x2d6 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y31ee w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y31ee w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32d1 ff10e fs6 fc0 sc0 ls2b ws8d\">Represent<span class=\"_ _3\"></span>ed by:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3225 w31c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">\u2013 Insurance ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x637 y3225 w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">8,<span class=\"_ _0\"></span>373<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x638 y3225 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w31f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x639 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">3,430<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x63a y31cc w321 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y312a w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y312a w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Le<span class=\"_ _0\"></span>ase r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or l<span class=\"_ _0\"></span>ow va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A tot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>f \u00a31,5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m) of ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 2 (vi<span class=\"_ _0\"></span>) (e))<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-691": {
   "value": "(vi) Se<span class=\"_ _0\"></span>gme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has five re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ing LGR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, LGC<span class=\"_ _0\"></span>, LGIM<span class=\"_ _0\"></span>, Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d Reta<span class=\"_ _0\"></span>il Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as set out in No<span class=\"_ _0\"></span>te 6. Grou<span class=\"_ _0\"></span>p ce<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>bt c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted s<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e on n<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>mal c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>nd a<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e reported<span class=\"_ _3\"></span> segments<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>In the U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>, ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to LGRI an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ail Re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt are bac<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a sin<span class=\"_ _0\"></span>gle po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio of asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, and on<span class=\"_ _0\"></span>ce a tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n has bee<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to a<span class=\"_ _0\"></span>ny pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>lar t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>e not t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>cke<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted to t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span> bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d on the rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve avera<span class=\"_ _0\"></span>ge size of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es by r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>ble s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has n<span class=\"_ _0\"></span>ot b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, a<span class=\"_ _0\"></span>s thi<span class=\"_ _0\"></span>s is no<span class=\"_ _0\"></span>t info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n tha<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>rovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to key d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on m<span class=\"_ _0\"></span>aker<span class=\"_ _0\"></span>s o<span class=\"_ _0\"></span>n a re<span class=\"_ _0\"></span>gul<span class=\"_ _0\"></span>ar b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s ass<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on a le<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ath<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt b<span class=\"_ _0\"></span>asis<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>n lin<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th re<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n on t<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tab<span class=\"_ _0\"></span>le s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts is f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ken d<span class=\"_ _0\"></span>own w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>evan<span class=\"_ _0\"></span>t in o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>er to b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e dr<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for the year<span class=\"_ _3ad\"> </span><table class=\"s w296 h14e\" id=\"_4f95f906-1d76-423d-904a-20aecac1ae6d\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h1b y3278 ff10c fs2 fc0 sc0 ls35 ws42\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h1b y3279 ff10c fs2 fc0 sc0 ls114 wsa1\">expenses<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h1b y327a ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x241 h1b y327b ff10c fs2 fc0 sc0 ls115 ws8d\">and debt<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h1b y327c ff10c fs2 fc0 sc0 lsc2 wsd0\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53d h1b y327c ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h1b y327c ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y327d ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y327e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y327f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y327f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3280 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3281 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w297 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x543 y31ed w183 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls16 ws25\">886<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x544 y31ed w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1c ws1f\">510<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x545 y31ed w298 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2a ws34\">2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x546 y31ed w274 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31ed w24a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x548 y31ed w299 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y31ed w5e h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54a y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54b y3282 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54c y3282 w29b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _6\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54d y3282 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>81)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54e y3282 w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x54f y3282 w29c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(36<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x550 y3282 w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x553 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x554 y322f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x555 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x556 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x557 y322f w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w29e h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y31cb w29f h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x559 y31cb w2a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55a y31cb w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y31cb w114 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55c y31cb w2a1 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55d y31cb w2a2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _6\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55e y31cb w25a h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w79 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se) at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55f y31f8 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x560 y31f8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x561 y31f8 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x562 y31f8 w2a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x563 y31f8 w2a5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">63<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x564 y31f8 w2a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">131<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x565 y31f8 w2a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls29 ws33\">367<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2a8 h131\"><div class=\"t m1 x1e4 he y3063 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss) for th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x558 y312a w2a9 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsc7 wsd6\">6<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x566 y312a w2aa h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x567 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y312a w2ab h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x569 y312a w6c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1f ws22\">2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56a y312a w2ac h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4b ws56\">(65<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x524 y312a w2ad h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls3c wse5\">443<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2ae h14f\" id=\"_dff219e5-7fe8-4b88-a396-63badf84b4ba\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x539 h11 y3283 ff10e fs2 fc0 sc0 ls3a ws46\">Group<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x53a h11 y3284 ff10e fs2 fc0 sc0 ls63 ws6f\">expense<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4f6 h11 y3285 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y3286 ff10e fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x53b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGC<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3287 ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y3287 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h11 y3288 ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y3289 ff10e fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3289 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y328a ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y328a ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y328b ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y328c ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w2af h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56c y328d w2b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">807<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y328d wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls43 ws190\">509<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56e y328d w2b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc0 wsc\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56f y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y328d w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x571 y328d w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x572 y328d w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w253 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Investment<span class=\"_ _3\"></span> and other<span class=\"_ _3\"></span> variances<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x573 y31c8 w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x574 y31c8 w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x575 y31c8 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(8<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x576 y31c8 w2b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsbe wsce\">69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x577 y31c8 w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x578 y31c8 w9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x579 y31c8 w2b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w29d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57c y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57e y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57f y324c w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x580 y31cb w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">670<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x581 y31cb w2b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x582 y31cb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4e ws5a\">259<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x583 y31cb w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x584 y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x585 y31cb w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y31cb w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x (exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x586 y31cc w2bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x587 y31cc w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(26)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x588 y31cc w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls26 ws2e\">(3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x589 y31cc w2bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58a y31cc w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(32)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51e y31cc w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58b y31cc w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/(l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s) for the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58c y312a w2c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">5<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58d y312a w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls11 ws3a\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58e y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">229<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y312a w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">223<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x590 y312a w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x591 y312a w2c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y312a w14a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>(b) T<span class=\"_ _c\"></span>ota<span class=\"_ _0\"></span>l reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d in N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>0. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of othe<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the sha<span class=\"_ _0\"></span>re of profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as well as gai<span class=\"_ _0\"></span>ns/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es on disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t the r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e by th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span><table class=\"s w2c7 h150\" id=\"_87411df8-4e8a-42bc-bb79-15c88f8b1650\"><tr><td></td><td class=\"t m1 x593 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y328e ff10c fs2 fc0 sc0 ls4 ws3\">Res<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y328e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y328f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x595 y31f6 w2c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x596 y31f6 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x597 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x598 y31f6 w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x599 y31f7 w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">652<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59a y31f7 w2cc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59b y31f7 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59c y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31f8 w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59e y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a0 y31f8 wcc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a1 y312a w2d1 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,99<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a2 y312a w2d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a3 y312a we7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls16 ws25\">208<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a4 y312a w2d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>111<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2d4 h151\" id=\"_3b1edc5a-c93e-4375-b11f-090de157053b\"><tr><td></td><td class=\"t m1 x33a h11 y3290 ff10e fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h11 y3290 ff10f fs2 fc0 sc0 ls181 ws1a3\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5a5 h11 y3290 ff10f fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3290 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3291 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a6 y324c w2d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,92<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a7 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y324c w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a9 y324c w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls116 ws123\">8,683<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y31cb w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">7<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ab y31cb w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ac y31cb w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y31cb w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31cc w2d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ae y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b0 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b1 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b2 y312a w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b3 y312a w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l reven<span class=\"_ _0\"></span>ue \u2013 int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l/ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span><table class=\"s w2db h152\" id=\"_df03cce4-0227-4a27-a00f-f6793794da96\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h1b y3292 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3293 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h1b y3294 ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"c x5b7 y3296 w2dc h153\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM</div><div class=\"t m1 x5b6 h9d y3295 ff10c fs27 fc0 sc0 ls182 ws1a4\">1,2<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5b8 h1b y3294 ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3297 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3298 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3294 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3299 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bc h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y329a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w2dd h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5bf y31f7 w274 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c2 y31f7 w2de h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">(169<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c3 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y31f8 w2e0 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c5 y31f8 w2e1 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c6 y31f8 w2d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c7 y31f8 w51 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f8 w128 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c9 y31f8 w2e2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"> </span>,111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ca y312a w2e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cb y312a w2e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cc y312a w2d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cd y312a wcc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ce y312a we2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cf y312a w2e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"></span>,111<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1,2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h154\" id=\"_e32e4b48-bc5a-4d6a-8442-d0c3ea950d56\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h11 y329b ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y329c ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b8 h11 y329d ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y329e ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y329f ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32a0 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32a1 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d2 y31cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d3 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d5 y31cb w2e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d7 y31cc w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>492<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d8 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d9 y31cc w2e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,086<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5da y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5db y31cc w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dc y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dd y312a w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4,<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5de y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5df y312a w2ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,0<span class=\"_ _0\"></span>86<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e0 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e1 y312a w2ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e2 y312a w2ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGI<span class=\"_ _0\"></span>M ex<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>(d) Fees fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e fee<span class=\"_ _0\"></span>s for a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll as r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r for c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span><table class=\"s w2db h155\" id=\"_a276a95e-d339-4d45-a290-633f0f38dd07\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32a2 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32a3 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y32a4 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32a5 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32a6 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32a4 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y32a7 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32a8 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31e5 w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e4 y31e5 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">864<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y31e5 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e6 y31e5 w2f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e7 y31e5 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">800<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31e6 w2f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5eb y31e6 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f4 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ee y312a w26c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y312a w61 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h156\" id=\"_6d1fe67f-ec16-483e-9d3a-ebfb2cc754bf\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32a9 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32aa ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y32ab ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ac ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y32ad ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32ab ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32ae ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32af ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y31cb wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse4 wsee\">953<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f0 y31cb w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f1 y31cb w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f2 y31cb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">873<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f4 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f6 y312a w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f7 y312a w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f8 y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGC a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LGC i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. </span>(e<span class=\"_ _c\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>rom c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e br<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h157\" id=\"_f1bd3f1a-fa02-44af-931b-4de35cf73a48\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32b0 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32b1 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h1b y328e ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32b2 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32b4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f9 y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fb y31f6 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y31f6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fd y31f7 w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x600 y31f7 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x601 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x602 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x604 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y32b6 ff10c fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other operati<span class=\"_ _3\"></span>onal income f<span class=\"_ _3\"></span>rom contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x606 y32b7 w8c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x607 y32b7 w51 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x608 y32b7 wcc h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h158\" id=\"_5fa7d656-349d-430e-a788-ec8a3791cdeb\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32b8 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32b9 ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h11 y3290 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ba ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32bb ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32bb ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32bc ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60b y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60c y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60d y31cb w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60e y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y31cb wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y31cb w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x613 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y32be ff10e fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other<span class=\"_ _3\"></span> operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with cust<span class=\"_ _3\"></span>omers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x614 y32b7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x615 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x616 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re of p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ga<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>es </span>an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-728": {
   "value": "(b) T<span class=\"_ _c\"></span>ota<span class=\"_ _0\"></span>l reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e \u2013 <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, fee<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>ana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e are d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d in N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>0. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of othe<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s the sha<span class=\"_ _0\"></span>re of profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as well as gai<span class=\"_ _0\"></span>ns/<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es on disp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t the r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e by th<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic l<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span><table class=\"s w2c7 h150\" id=\"_87411df8-4e8a-42bc-bb79-15c88f8b1650\"><tr><td></td><td class=\"t m1 x593 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h1b y328e ff10c fs2 fc0 sc0 ls35 ws42\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y328e ff10c fs2 fc0 sc0 ls4 ws3\">Res<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y328e ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y328f ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x595 y31f6 w2c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x596 y31f6 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x597 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x598 y31f6 w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls9e ws9f\">9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x599 y31f7 w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls19 ws1a\">652<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59a y31f7 w2cc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59b y31f7 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59c y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31f8 w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59e y31f8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a0 y31f8 wcc h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a1 y312a w2d1 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls9e ws9f\">9,99<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a2 y312a w2d2 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a3 y312a we7 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls16 ws25\">208<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a4 y312a w2d3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>111<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w2d4 h151\" id=\"_3b1edc5a-c93e-4375-b11f-090de157053b\"><tr><td></td><td class=\"t m1 x33a h11 y3290 ff10e fs2 fc0 sc0 ls35 ws42\">United Kingdom<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x594 h11 y3290 ff10f fs2 fc0 sc0 ls181 ws1a3\">USA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5a5 h11 y3290 ff10f fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>f Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3290 ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3291 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a8 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws20\">Insurance<span class=\"_ _3\"></span> revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a6 y324c w2d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,92<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a7 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y324c w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a9 y324c w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls116 ws123\">8,683<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y31cb w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">7<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ab y31cb w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ac y31cb w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y31cb w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Other operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x59d y31cc w2d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ae y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4b4 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b0 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b1 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b2 y312a w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5b3 y312a w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l reven<span class=\"_ _0\"></span>ue \u2013 int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l/ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span><table class=\"s w2db h152\" id=\"_df03cce4-0227-4a27-a00f-f6793794da96\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h1b y3292 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3293 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h1b y3294 ff10c fs2 fc0 sc0 lsc2 wsd0\">LGRI<span class=\"_ _3ad\"> </span></td><td class=\"c x5b7 y3296 w2dc h153\"><div class=\"t m1 x1e4 h1b y31d1 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM</div><div class=\"t m1 x5b6 h9d y3295 ff10c fs27 fc0 sc0 ls182 ws1a4\">1,2<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5b8 h1b y3294 ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3297 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3298 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3294 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3299 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bc h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y329a ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3299 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w2dd h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5bf y31f7 w274 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c2 y31f7 w2de h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls20 ws23\">(169<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c3 y31f7 w10a h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y31f8 w2e0 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c5 y31f8 w2e1 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c6 y31f8 w2d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c7 y31f8 w51 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f8 w128 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c9 y31f8 w2e2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"> </span>,111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ca y312a w2e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls2e ws38\">5,255<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cb y312a w2e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cc y312a w2d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cd y312a wcc h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ce y312a we2 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5cf y312a w2e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls126 ws142\">12<span class=\"_ _b\"></span>,111<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1,2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h154\" id=\"_e32e4b48-bc5a-4d6a-8442-d0c3ea950d56\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x5b4 h11 y329b ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y329c ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x403 h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d h11 y329d ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b8 h11 y329d ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y329e ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y329f ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32a0 ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32a1 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Internal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d2 y31cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d3 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d5 y31cb w2e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2df h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">Ex<span class=\"_ _0\"></span>ternal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d7 y31cc w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>492<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d8 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d9 y31cc w2e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,086<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5da y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5db y31cc w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dc y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5dd y312a w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls53 ws1e\">4,<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5de y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5df y312a w2ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws17\">3,0<span class=\"_ _0\"></span>86<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e0 y312a w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e1 y312a w2ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e2 y312a w2ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGI<span class=\"_ _0\"></span>M i<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGI<span class=\"_ _0\"></span>M ex<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>3. <span class=\"_ _19\"> </span><span class=\"ff10f\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LG<span class=\"_ _0\"></span>C in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>(d) Fees fro<span class=\"_ _0\"></span>m fun<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Fee<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e fee<span class=\"_ _0\"></span>s for a<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, as we<span class=\"_ _0\"></span>ll as r<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>s the i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r for c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ed to i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for c<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span><table class=\"s w2db h155\" id=\"_a276a95e-d339-4d45-a290-633f0f38dd07\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32a2 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32a3 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y32a4 ff10c fs2 fc0 sc0 ls112 ws11a\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32a5 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32a6 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32a4 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y32a7 ff10d fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32a8 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32a7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31e5 w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e4 y31e5 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls16 ws25\">864<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y31e5 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e6 y31e5 w2f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e7 y31e5 we1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">800<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31e6 w2f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5eb y31e6 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f4 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4e ws5a\">889<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ee y312a w26c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y312a w61 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h156\" id=\"_6d1fe67f-ec16-483e-9d3a-ebfb2cc754bf\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32a9 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32aa ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y32ab ff10f fs2 fc0 sc0 ls14b ws167\">LGIM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ac ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y32ad ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32ab ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y32ae ff10e fs2 fc0 sc0 ls4 ws3\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32af ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32ae ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w2ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>ts and management fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58f y31cb wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse4 wsee\">953<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f0 y31cb w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f1 y31cb w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f2 y31cb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws2c\">873<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>ransac<span class=\"_ _0\"></span>tion fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f4 y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w2f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fe<span class=\"_ _0\"></span>es f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y312a w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls27 ws30\">979<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f6 y312a w2f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f7 y312a w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f8 y312a w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">LGC a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s LGC i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>, i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l el<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. </span>(e<span class=\"_ _c\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>rom c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e br<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h157\" id=\"_f1bd3f1a-fa02-44af-931b-4de35cf73a48\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32b0 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32b1 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h1b y328e ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32b2 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32b4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f9 y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fb y31f6 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y31f6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fd y31f7 w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x600 y31f7 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x601 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x602 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x604 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y32b6 ff10c fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other operati<span class=\"_ _3\"></span>onal income f<span class=\"_ _3\"></span>rom contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x606 y32b7 w8c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x607 y32b7 w51 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x608 y32b7 wcc h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h158\" id=\"_5fa7d656-349d-430e-a788-ec8a3791cdeb\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32b8 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32b9 ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h11 y3290 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ba ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32bb ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32bb ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32bc ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60b y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60c y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60d y31cb w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60e y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y31cb wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y31cb w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x613 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y32be ff10e fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other<span class=\"_ _3\"></span> operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with cust<span class=\"_ _3\"></span>omers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x614 y32b7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x615 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x616 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re of p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ga<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>es </span>an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-772": {
   "value": "(e<span class=\"_ _c\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me f<span class=\"_ _0\"></span>rom c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>uil<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng r<span class=\"_ _0\"></span>even<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ue a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om p<span class=\"_ _0\"></span>rofe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e br<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h157\" id=\"_f1bd3f1a-fa02-44af-931b-4de35cf73a48\"><tr><td></td><td></td><td class=\"t m1 x5b4 h1b y32b0 ff10c fs2 fc0 sc0 ls172 ws18f\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y32b1 ff10c fs2 fc0 sc0 ls115 ws8d\">LGC and<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h1b y328e ff10c fs2 fc0 sc0 ls115 ws8d\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y32b2 ff10c fs2 fc0 sc0 ls37 ws44\">Retire<span class=\"_ _0\"></span>ment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y32b3 ff10c fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y328f ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y32b4 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y32b5 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f9 y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fb y31f6 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y31f6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fd y31f7 w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsdf wsdb\">46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y31f7 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x600 y31f7 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x601 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x602 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x604 y31f8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y32b6 ff10c fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other operati<span class=\"_ _3\"></span>onal income f<span class=\"_ _3\"></span>rom contracts with<span class=\"_ _3\"></span> customers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w241 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x606 y32b7 w8c h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x607 y32b7 w51 h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x608 y32b7 wcc h131\"><div class=\"t m1 x1e4 he y3063 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h158\" id=\"_5fa7d656-349d-430e-a788-ec8a3791cdeb\"><tr><td></td><td></td><td class=\"t m1 x5b4 h11 y32b8 ff10e fs2 fc0 sc0 ls39 ws1c\">Retail<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32b9 ff10f fs2 fc0 sc0 ls4 ws3\">LGC a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x5b8 h11 y3290 ff10e fs2 fc0 sc0 ls34 ws41\">Insurance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d0 h11 y32ba ff10e fs2 fc0 sc0 ls16e ws171\">Retir<span class=\"_ _3\"></span>ement<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32bb ff10e fs2 fc0 sc0 ls39 ws1c\">other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32bb ff10e fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3291 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y32bc ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32bd ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w2f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">House building<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60b y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60c y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w2f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Professional services fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60d y31cb w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60e y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y31cb wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y31cb w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w2fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Insurance brok<span class=\"_ _3\"></span>er fees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x613 y31cc w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y32be ff10e fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal other<span class=\"_ _3\"></span> operational<span class=\"_ _3\"></span> income from<span class=\"_ _3\"></span> contracts with cust<span class=\"_ _3\"></span>omers<span class=\"_ _3ad\"> </span></td><td class=\"c n x605 y32b7 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x614 y32b7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x615 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x616 y32b7 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h c<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re of p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>/l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ass<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e ga<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>al of s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>es </span>an<span class=\"_ _0\"></span>d jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-729": {
   "value": "<div class=\"t m1 h13 ff10c fsa fc5 sc0 ls4 ws3 gs381\">3 In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs382\"><table class=\"s w2ff h159\" id=\"_7a4668c2-cef2-4383-9401-3aa94ad53579\"><tr><td></td><td></td><td></td><td class=\"t m1 x1df h11 y32bf ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y32c0 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32c1 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"c n x617 y32c2 w300 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1e2 h1b y32c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x618 y32c2 w301 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c4 w302 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x619 y32c4 w303 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y32c4 w304 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls1a ws2c\">6,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c5 w305 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c5 w61 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">573<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61c y32c5 w306 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls184 ws13\">543<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c6 w307 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>als of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4e ws5a\">329<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61d y32c6 w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">116<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c7 w308 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f cos<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y32c7 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61f y32c7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x620 y32c7 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w30a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Redundancy costs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x621 y32c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y32ca w30b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse ws28\">Lease rentals</div><div class=\"t m1 x623 h15 y32c9 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21f y32cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x624 y32cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w30c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Auditor\u2019s<span class=\"_ _3\"></span> remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x625 y32cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y32cc w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x627 y32cc w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w310 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Depreciation and impa<span class=\"_ _3\"></span>irment of plant<span class=\"_ _3\"></span> and equipment<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x628 y3248 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x629 y3248 w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62a y3248 w311 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w312 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Amor<span class=\"_ _0\"></span>tisation and<span class=\"_ _3\"></span> impairment of<span class=\"_ _3\"></span> intangible assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62b y32cd we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62c y32cd w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62d y32cd w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32ce ff10e fs6 fc0 sc0 ls16 ws16\">House building expenses<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x1ed y32cf we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62e y32cf w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">1,12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w315 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r administrative expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x62f y32d0 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x630 y32d0 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">9<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w316 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x631 y31eb w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w318 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x632 y31ec w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y31ec w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w319 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt lo<span class=\"_ _0\"></span>ss on as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x2d6 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y31ee w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y31ee w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32d1 ff10e fs6 fc0 sc0 ls2b ws8d\">Represent<span class=\"_ _3\"></span>ed by:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3225 w31c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">\u2013 Insurance ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x637 y3225 w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">8,<span class=\"_ _0\"></span>373<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x638 y3225 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w31f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x639 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">3,430<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x63a y31cc w321 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y312a w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y312a w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs383\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs384\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Le<span class=\"_ _0\"></span>ase r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or l<span class=\"_ _0\"></span>ow va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs385\">2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A tot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>f \u00a31,5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m) of ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs386\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 2 (vi<span class=\"_ _0\"></span>) (e))<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span></div>9 Intangible a<span class=\"_ _3\"></span>ssets<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts mai<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t of capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ips an<span class=\"_ _0\"></span>d bra<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>). Amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es and any im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in Oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (see Note 3).<span class=\"_ _3ad\"> </span><table class=\"s w380 h160\" id=\"_5307c640-c277-4e54-81b7-bd226f79eeb0\"><tr><td></td><td class=\"t m1 x6c6 h1b y3316 ff11a fs2 fc0 sc0 ls34 ws41\">Capitalised<span class=\"_ _3\"></span> </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x667 h1b y3317 ff11a fs2 fc0 sc0 ls4 ws3\">sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x5b4 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h1b y3319 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3319 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y331a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y331b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y331b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y331c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y331d ff11a fs6 fc0 sc0 ls10 ws2f\">Cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y331e w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c8 y331e w2cb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls19 ws1a\">520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c9 y331e w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y331e w80 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y331f w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y331f w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cb y331f w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cc y331f w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3320 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cd y3320 w384 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ce y3320 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cf y3320 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3321 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d0 y3321 w387 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d1 y3321 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d2 y3321 w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3322 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d3 y3322 w38a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2d ws37\">593<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d4 y3322 w38b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y3322 w38c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">629<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3323 ff11a fs6 fc0 sc0 ls4 wsd\">Accumulated amortisation and impairment<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3324 w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d5 y3324 w38d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d6 y3324 w38e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d7 y3324 w38f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>114<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3325 w390 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d8 y3325 w391 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d9 y3325 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6da y3325 w392 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3326 w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6db y3326 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6dc y3326 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6dd y3326 w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3327 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6de y3327 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6df y3327 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y3327 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3328 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e1 y3328 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e2 y3328 w237 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e3 y3328 w395 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3329 w396 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>et b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e4 y3329 w397 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y3329 w398 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e5 y3329 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8 ws7\">477<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w399 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x6e6 y31cc wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w39a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x5f2 y312a w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">420<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span><table class=\"s w39b h161\" id=\"_dad500e1-c60f-45e3-b46b-0e16998cca5f\"><tr><td></td><td class=\"t m1 x5b9 h11 y332a ff11f fs2 fc0 sc0 ls39 ws1c\">Capitalised<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x667 h11 y332b ff11c fs2 fc0 sc0 ls39 ws1c\">soft<span class=\"_ _0\"></span>ware<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x5b4 h11 y332c ff11f fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y332c ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y332c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h11 y332d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y332d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y332e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y332f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y332f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3330 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y3331 ff11f fs6 fc0 sc0 ls1a ws2c\">Cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3332 w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e7 y3332 w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">450<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e8 y3332 wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e9 y3332 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3333 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ea y3333 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6eb y3333 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ec y3333 w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">121<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3334 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cd y3334 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y3334 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ee y3334 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3335 w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ef y3335 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y3335 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f1 y3335 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3336 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x6f2 y3337 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f3 y3337 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f4 y3337 w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3338 w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y3338 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f5 y3338 w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3338 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3339 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y333a w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f7 y333a w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>115<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f8 y333a w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f9 y333a w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _6\"></span>119<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333b w390 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fa y333b w3a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fb y333b w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fc y333b w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333c w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fd y333c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y333c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ff y333c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333d w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x700 y333d w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y333d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x701 y333d w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y333e ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3cd y333f wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x702 y333f w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x703 y333f wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3340 w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x704 y3340 w3a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x705 y3340 w3a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x706 y3340 w3a4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w3a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ne<span class=\"_ _0\"></span>t boo<span class=\"_ _0\"></span>k valu<span class=\"_ _0\"></span>e as at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x707 y3225 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">4<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x708 y3225 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x709 y3225 w3a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">4<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w399 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x6e6 y3277 w3a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls184 ws13\">43<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w39a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x5f2 y312a w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">398<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e \u00a32<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3m o<span class=\"_ _0\"></span>f wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot ye<span class=\"_ _0\"></span>t av<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r use a<span class=\"_ _0\"></span>s at 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 (31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de b<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d (\u00a3<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>m) an<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (\u00a3n<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>) as a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 (31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: (\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4m) a<span class=\"_ _0\"></span>nd (\u00a3<span class=\"_ _0\"></span>5m) r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly).<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er m<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>al of f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at w<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e no l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>n us<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>1<span class=\"_ _c\"></span>0 Proper<span class=\"_ _0\"></span>ty<span class=\"_ _3\"></span>, plant and<span class=\"_ _3\"></span> equipment<span class=\"_ _3ad\"> </span><table class=\"s w3aa h162\" id=\"_f3aa4e70-5a8f-4aeb-bdfb-9c11e0593b4c\"><tr><td></td><td></td><td class=\"c n x70a y3341 w3ab h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11a fs2 fc0 sc0 ls149 ws6c\">Right-of-use<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x70b y3341 w3ac h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11a fs2 fc0 sc0 ls114 wsa1\">Owned<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"t m1 x70c h1b y3342 ff11e fs2 fc0 sc0 ls35 ws42\">Office<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x348 h1b y3343 ff11a fs2 fc0 sc0 ls35 ws42\">buildings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70d h1b y3344 ff11a fs2 fc0 sc0 ls114 wsa1\">IT<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70e h1b y3345 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h1b y3346 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y3346 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70f h1b y3347 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x710 h1b y3348 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y3349 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y3349 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y334a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y334b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y334c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x711 h1b y334d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y334d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y334e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y334f ff11a fs6 fc0 sc0 ls16 ws25\">Cost<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>Valuation<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3350 w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x712 y3350 w3ad h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x713 y3350 wf5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x714 y3350 w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x715 y3350 w75 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x716 y3350 w38a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2d ws37\">579<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3351 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x717 y3351 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x718 y3351 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x719 y3351 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71a y3351 w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71b y3351 w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">216<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3302 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71c y3302 w3af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71d y3302 w3b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(57<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71e y3302 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71f y3302 w3b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x720 y3302 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3352 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x721 y3352 w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x722 y3352 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x723 y3352 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x724 y3352 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x725 y3352 w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3353 w3b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Revaluation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x726 y3353 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x727 y3353 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x728 y3353 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x729 y3353 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72a y3353 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>21)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72b y32cd w3b6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72c y32cd w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72d y32cd w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72e y32cd w2cb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls19 ws1a\">422<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72f y32cd w7a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsc7 wsd6\">681<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3354 ff11a fs6 fc0 sc0 ls4 wsd\">Accumulated depreciation and<span class=\"_ _3\"></span> impairment<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y325a w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x730 y325a w20f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x731 y325a wdf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y325a w3b7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x732 y325a w3b8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x273 y325a w3b9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(25<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3355 w3ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x733 y3355 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x734 y3355 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x735 y3355 wf6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x736 y3355 w96 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">(18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x2e4 y3355 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3356 w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x737 y3356 w3bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x738 y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x739 y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73a y3356 w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73b y3356 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3357 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73c y3357 w3bc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73d y3357 w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73e y3357 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73f y3357 w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x740 y3357 w3bf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">84<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x741 y3358 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x738 y3358 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x739 y3358 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y3358 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x743 y3358 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x744 y3225 w3c0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x745 y3225 w3c1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x746 y3225 w18a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x747 y3225 w395 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x748 y3225 w178 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w396 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>et b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x749 y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x74a y312a w3c2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x74b y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x74c y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4e ws5a\">298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y312a wfc h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">433<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span><table class=\"s w3c3 h163\" id=\"_ff7781cb-c5b0-450c-b87b-f745ec1aefae\"><tr><td></td><td></td><td class=\"c n x74d y3359 w3c4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 lsc2 wsd0\">Rig<span class=\"_ _0\"></span>ht-<span class=\"_ _0\"></span>of-<span class=\"_ _0\"></span>use<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x74e y3359 w3c5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls112 ws11a\">Owned<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"t m1 x74f h11 y335a ff11c fs2 fc0 sc0 ls172 ws18f\">Office<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x750 h11 y335b ff11c fs2 fc0 sc0 ls10b ws59\">buildings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70d h11 y335c ff11f fs2 fc0 sc0 ls112 ws11a\">IT<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x751 h11 y335d ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y335e ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y335e ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70f h11 y335f ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3360 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3361 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3361 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3362 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h11 y3363 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h11 y3364 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x711 h11 y3365 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3365 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3366 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3367 ff11c fs6 fc0 sc0 ls1a ws2c\">Cost<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>Valuation<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3246 w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x753 y3246 w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">225<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x754 y3246 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">58<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58a y3246 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x755 y3246 w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">225<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x756 y3246 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3247 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x717 y3247 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x757 y3247 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x758 y3247 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x759 y3247 w114 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75a y3247 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3368 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75b y3368 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75c y3368 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75d y3368 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75e y3368 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75f y3368 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3369 w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x760 y3369 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x761 y3369 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x762 y3369 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x763 y3369 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x764 y3369 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y336a ff11c fs6 fc0 sc0 ls1a ws2c\">Revaluation<span class=\"_ _3ad\"> </span></td><td class=\"c n x765 y336b w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x766 y336b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x767 y336b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x768 y336b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x769 y336b w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y336c w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76a y336c w3c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76b y336c w3ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76c y336c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76d y336c wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76e y336c wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">579<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y336d ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d dep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d imp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31eb w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76f y31eb w3cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x770 y31eb w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(3<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x771 y31eb w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x772 y31eb we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x773 y31eb w250 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w3ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x733 y31ec w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(25<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x774 y31ec w3cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x775 y31ec w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x776 y31ec w3ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x777 y31ec w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(56)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x778 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x779 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77a y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77b y31ed w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77c y31ed w3cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75b y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77d y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77e y31ee we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77f y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x780 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x781 y31ef w3d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x782 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x783 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x784 y31ef w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x785 y31ef w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x786 y31cb w3d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(94)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x787 y31cb wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x788 y31cb w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x789 y31cb w3d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78a y31cb w3d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>25<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ne<span class=\"_ _0\"></span>t boo<span class=\"_ _0\"></span>k valu<span class=\"_ _0\"></span>e as at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78b y312a w3d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78c y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78d y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78e y312a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>f-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e of ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d I<span class=\"_ _0\"></span>T, as wel<span class=\"_ _0\"></span>l as ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ed p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y wi<span class=\"_ _0\"></span>th a c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of \u00a3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3n<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>) h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>he fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Rev<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>n 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to ea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f a bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-777": {
   "value": "3 In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w2ff h159\" id=\"_7a4668c2-cef2-4383-9401-3aa94ad53579\"><tr><td></td><td></td><td></td><td class=\"t m1 x1df h11 y32bf ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y32c0 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32c1 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"c n x617 y32c2 w300 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1e2 h1b y32c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x618 y32c2 w301 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c4 w302 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x619 y32c4 w303 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y32c4 w304 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls1a ws2c\">6,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c5 w305 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c5 w61 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">573<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61c y32c5 w306 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls184 ws13\">543<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c6 w307 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>als of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4e ws5a\">329<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61d y32c6 w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">116<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c7 w308 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f cos<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y32c7 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61f y32c7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x620 y32c7 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w30a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Redundancy costs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x621 y32c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y32ca w30b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse ws28\">Lease rentals</div><div class=\"t m1 x623 h15 y32c9 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21f y32cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x624 y32cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w30c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Auditor\u2019s<span class=\"_ _3\"></span> remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x625 y32cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y32cc w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x627 y32cc w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w310 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Depreciation and impa<span class=\"_ _3\"></span>irment of plant<span class=\"_ _3\"></span> and equipment<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x628 y3248 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x629 y3248 w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62a y3248 w311 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w312 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Amor<span class=\"_ _0\"></span>tisation and<span class=\"_ _3\"></span> impairment of<span class=\"_ _3\"></span> intangible assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62b y32cd we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62c y32cd w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62d y32cd w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32ce ff10e fs6 fc0 sc0 ls16 ws16\">House building expenses<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x1ed y32cf we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62e y32cf w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">1,12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w315 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r administrative expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x62f y32d0 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x630 y32d0 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">9<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w316 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x631 y31eb w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w318 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x632 y31ec w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y31ec w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w319 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt lo<span class=\"_ _0\"></span>ss on as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x2d6 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y31ee w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y31ee w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32d1 ff10e fs6 fc0 sc0 ls2b ws8d\">Represent<span class=\"_ _3\"></span>ed by:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3225 w31c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">\u2013 Insurance ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x637 y3225 w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">8,<span class=\"_ _0\"></span>373<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x638 y3225 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w31f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x639 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">3,430<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x63a y31cc w321 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y312a w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y312a w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Le<span class=\"_ _0\"></span>ase r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or l<span class=\"_ _0\"></span>ow va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A tot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>f \u00a31,5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m) of ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 2 (vi<span class=\"_ _0\"></span>) (e))<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-773": {
   "value": "3 In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w2ff h159\" id=\"_7a4668c2-cef2-4383-9401-3aa94ad53579\"><tr><td></td><td></td><td></td><td class=\"t m1 x1df h11 y32bf ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y32c0 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32c1 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"c n x617 y32c2 w300 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1e2 h1b y32c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x618 y32c2 w301 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c4 w302 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x619 y32c4 w303 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y32c4 w304 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls1a ws2c\">6,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c5 w305 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c5 w61 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">573<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61c y32c5 w306 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls184 ws13\">543<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c6 w307 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>als of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4e ws5a\">329<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61d y32c6 w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">116<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c7 w308 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f cos<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y32c7 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61f y32c7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x620 y32c7 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w30a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Redundancy costs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x621 y32c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y32ca w30b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse ws28\">Lease rentals</div><div class=\"t m1 x623 h15 y32c9 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21f y32cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x624 y32cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w30c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Auditor\u2019s<span class=\"_ _3\"></span> remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x625 y32cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y32cc w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x627 y32cc w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w310 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Depreciation and impa<span class=\"_ _3\"></span>irment of plant<span class=\"_ _3\"></span> and equipment<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x628 y3248 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x629 y3248 w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62a y3248 w311 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w312 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Amor<span class=\"_ _0\"></span>tisation and<span class=\"_ _3\"></span> impairment of<span class=\"_ _3\"></span> intangible assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62b y32cd we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62c y32cd w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62d y32cd w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32ce ff10e fs6 fc0 sc0 ls16 ws16\">House building expenses<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x1ed y32cf we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62e y32cf w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">1,12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w315 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r administrative expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x62f y32d0 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x630 y32d0 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">9<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w316 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x631 y31eb w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w318 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x632 y31ec w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y31ec w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w319 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt lo<span class=\"_ _0\"></span>ss on as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x2d6 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y31ee w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y31ee w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32d1 ff10e fs6 fc0 sc0 ls2b ws8d\">Represent<span class=\"_ _3\"></span>ed by:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3225 w31c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">\u2013 Insurance ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x637 y3225 w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">8,<span class=\"_ _0\"></span>373<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x638 y3225 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w31f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x639 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">3,430<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x63a y31cc w321 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y312a w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y312a w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Le<span class=\"_ _0\"></span>ase r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or l<span class=\"_ _0\"></span>ow va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A tot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>f \u00a31,5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m) of ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 2 (vi<span class=\"_ _0\"></span>) (e))<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-692": {
   "value": "3 In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w2ff h159\" id=\"_7a4668c2-cef2-4383-9401-3aa94ad53579\"><tr><td></td><td></td><td></td><td class=\"t m1 x1df h11 y32bf ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y32c0 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32c1 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"c n x617 y32c2 w300 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1e2 h1b y32c3 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"c n x618 y32c2 w301 h145\"><div class=\"t m1 x1e4 h11 y323e ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c4 w302 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10f fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x619 y32c4 w303 h12d\"><div class=\"t m1 x1e4 ha y3034 ff10c fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y32c4 w304 h12c\"><div class=\"t m1 x1e4 ha y3034 ff10e fs6 fc0 sc0 ls1a ws2c\">6,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c5 w305 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Fe<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c5 w61 h12f\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">573<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61c y32c5 w306 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls184 ws13\">543<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c6 w307 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>als of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x61b y32c6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4e ws5a\">329<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61d y32c6 w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">116<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c7 w308 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f cos<span class=\"_ _0\"></span>ts (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y32c7 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61f y32c7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x620 y32c7 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w30a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">Redundancy costs<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x621 y32c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y32ca w30b h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lse ws28\">Lease rentals</div><div class=\"t m1 x623 h15 y32c9 ff10e fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21f y32cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x624 y32cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w30c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Auditor\u2019s<span class=\"_ _3\"></span> remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x625 y32cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y32cc w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x627 y32cc w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w310 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Depreciation and impa<span class=\"_ _3\"></span>irment of plant<span class=\"_ _3\"></span> and equipment<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x628 y3248 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x629 y3248 w26e h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsc7 wsd6\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62a y3248 w311 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w312 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 wsd\">Amor<span class=\"_ _0\"></span>tisation and<span class=\"_ _3\"></span> impairment of<span class=\"_ _3\"></span> intangible assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62b y32cd we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62c y32cd w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62d y32cd w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32ce ff10e fs6 fc0 sc0 ls16 ws16\">House building expenses<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x1ed y32cf we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x62e y32cf w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">1,12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w315 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r administrative expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x62f y32d0 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x630 y32d0 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls14c ws16a\">9<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w316 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x631 y31eb w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e8 y31eb w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w318 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x632 y31ec w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1e ws21\">151<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y31ec w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w319 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt lo<span class=\"_ _0\"></span>ss on as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x2d6 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y31ee w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y31ee w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y32d1 ff10e fs6 fc0 sc0 ls2b ws8d\">Represent<span class=\"_ _3\"></span>ed by:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3225 w31c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws16\">\u2013 Insurance ser<span class=\"_ _0\"></span>vice expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x637 y3225 w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">8,<span class=\"_ _0\"></span>373<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x638 y3225 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w31f h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">\u2013 O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x639 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">3,430<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x63a y31cc w321 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w31a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Insurance service and other expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x635 y312a w31b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x636 y312a w12e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Le<span class=\"_ _0\"></span>ase r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or l<span class=\"_ _0\"></span>ow va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span><span class=\"ff10f\">Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s of t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. A tot<span class=\"_ _0\"></span>al o<span class=\"_ _0\"></span>f \u00a31,5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m) of ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en </span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r (see N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 2 (vi<span class=\"_ _0\"></span>) (e))<span class=\"_ _3ad\"> </span><div class=\"t m1 h13 ff128 fsa fc5 sc0 ls80 ws16 gs8a0\">29 A<span class=\"_ _3\"></span>uditors\u2019 remuneration<span class=\"_ _3ad\"> </span></div><div class=\"gs389\"><table class=\"s w2e5 h1bf\" id=\"_de24ebc5-6e26-430b-bc54-4f0e1f293bbb\"><tr><td></td><td class=\"t m1 x225 h1b y3af1 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3af1 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3af2 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3af2 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3af3 wa30 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e by the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s audi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs fo<span class=\"_ _0\"></span>r the au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of the co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d and Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1779 y3af3 w99f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">3.5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x177a y3af3 wa31 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">3.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y328d wa32 h135\"><div class=\"t m1 x1e4 ha y3106 ff129 fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e by the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s audi<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs an<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s for th<span class=\"_ _0\"></span>e sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y of oth<span class=\"_ _0\"></span>er se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es to the C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny and i<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g re<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r the au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t of the fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of th<span class=\"_ _0\"></span>e Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></div></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31c8 wa33 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Th<span class=\"_ _0\"></span>e aud<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x177b y31c8 wa34 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls178 ws19c\">16<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x177c y31c8 wa35 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">11.<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c wa36 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by nati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al or EU le<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>isl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x177d y324c wa37 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">1.6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x177e y324c wa38 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb wa39 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x177f y31cb wa3a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">1.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1780 y31cb wa3b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls21 ws24\">0<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa3c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1781 y31cc wa3d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls15 ws14\">0.9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120f y31cc wa3e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">0.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa3f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal remuneration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f3 y312a wa40 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls178 ws19c\">2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1782 y312a w49d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls122 ws131\">1<span class=\"_ _0\"></span>7.<span class=\"_ _6\"></span>5</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-634": {
   "value": "<div class=\"t m1 h13 ff110 fsa fc5 sc0 ls4 ws3 gs388\">4 Div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div><div class=\"gs389\"><table class=\"s w322 h15a\" id=\"_3f93f961-7c87-4d23-9c74-f6c614ae756e\"><tr><td></td><td class=\"t m1 x63b h1b y32d2 ff110 fs2 fc0 sc0 ls132 ws12c\">Dividend<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h1b y32d3 ff10c fs2 fc0 sc0 ls4 ws3\">Pe<span class=\"_ _0\"></span>r sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y32d4 ff10e fs2 fc0 sc0 ls10b ws59\">Dividend<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63d h11 y32d5 ff10e fs2 fc0 sc0 ls39 ws1c\">Per share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y32d6 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y32d7 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y32d8 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y32d7 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y32d9 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63e h1b y32da ff10c fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y32db ff10e fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x63f h11 y32da ff10e fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y32dc ff10e fs6 fc0 sc0 lsd ws3\">Or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds p<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y325d w323 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 Fin<span class=\"_ _0\"></span>al 20<span class=\"_ _0\"></span>21 div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd pai<span class=\"_ _0\"></span>d in Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x640 y325d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x641 y325d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x642 y325d wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">792<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x643 y325d w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31ef w324 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d pai<span class=\"_ _0\"></span>d in Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x644 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x645 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x646 y31ef wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">324<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x647 y31ef w325 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">5.4<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y32dd ff10f fs6 fc0 sc0 lsd ws15\">\u2013 Fin<span class=\"_ _0\"></span>al 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d pai<span class=\"_ _0\"></span>d in Jun<span class=\"_ _0\"></span>e 202<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y31cb wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls78 ws7f\">831<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x648 y31cb w326 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">1<span class=\"_ _3\"></span>3.93<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x649 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x64a y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31cc w327 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">\u2013 Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d pai<span class=\"_ _0\"></span>d in Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x64b y31cc w328 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls180 ws1a2\">3<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x64c y31cc w329 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls90 ws93\">5<span class=\"_ _0\"></span>.71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x64d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x64e y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w32a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal dividends<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x64f y312a w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x650 y312a w32c h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\"><span><span class=\"gs38a\" id=\"__10\">19. 6 4<span class=\"_ _3ad\"> </span></span></span></div></td><td class=\"c n x651 y312a w32d h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls139 ws14f\">1,<span class=\"_ _0\"></span>116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x652 y312a w32e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\"><span><span class=\"gs38b\" id=\"__9\">18 .7 1<span class=\"_ _3ad\"> </span></span></span></div></td></tr></table></div><div class=\"t m1 h9d ff10c fs27 fc0 sc0 ls4 ws3 gs38c\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff10e fs27 fc0 sc0 ls4 ws3 gs38d\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff10e fsd fc0 sc0 ls4 ws3 gs38e\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs38f\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d pe<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d on t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e ex-<span class=\"_ _6\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs390\">2. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e di<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 w<span class=\"_ _0\"></span>as \u00a3<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>9m b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of e<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs391\">Su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs de<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed a final di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd for 202<span class=\"_ _0\"></span>3 of 1<span class=\"_ _c\"></span>4<span class=\"_ _0\"></span>.63 pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. This di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd wil<span class=\"_ _0\"></span>l be paid on </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs206\">6 Jun<span class=\"_ _0\"></span>e 2024<span class=\"_ _0\"></span>. It will be ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for as an <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of ret<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>ed ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in the year e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>d 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>24 and is not in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as a <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff10f fs0 fc0 sc0 ls0 ws0 gs392\">in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-25": {
   "value": "19.64",
   "decimals": 4,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-24": {
   "value": "18.71",
   "decimals": 4,
   "dimensions": {
    "concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
    "unit": "iso4217:GBP/xbrli:shares"
   }
  },
  "fact-635": {
   "value": "<div class=\"t m1 h13 ff10c fsa fc5 sc0 ls41 ws4d gs394\">5 Earnings per<span class=\"_ _3\"></span> share<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff10c fs0 fc4 sc0 ls5e wsc gs395\">(i) Basic earnings per share<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h9d ff10c fs27 fc0 sc0 ls4 ws3 gs396\">1<span class=\"_ _3ad\"> </span></div><div class=\"gs397\"><table class=\"s w32f h15b\" id=\"_eb21e735-33a4-4e6c-93f4-f1da8205453e\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y32de ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x224 h11 y32df ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x653 h1b y32e0 ff10c fs2 fc0 sc0 ls64 ws70\">After ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x654 h1b y32e1 ff10c fs2 fc0 sc0 ls4 ws3\">Pe<span class=\"_ _0\"></span>r sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h11 y32e2 ff10e fs2 fc0 sc0 ls4 ws3\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x655 h11 y32e3 ff10e fs2 fc0 sc0 ls39 ws1c\">Per share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y32e4 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y32e5 ff10c fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y32e6 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y32e5 ff10e fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y32e7 ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x657 h1b y32e8 ff10c fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y32e9 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x658 h11 y32e8 ff10e fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w330 h130\"><div class=\"t m1 x1e4 ha y3036 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to eq<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x659 y31cb w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls1a ws2c\">457<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65a y31cb w331 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls17c ws19f\">7.<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65b y31cb w13e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">783<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65c y31cb w332 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>.<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w333 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Le<span class=\"_ _0\"></span>ss: co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Tie<span class=\"_ _0\"></span>r 1 con<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>t of tax rel<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65d y31cc w334 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(22)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65e y31cc w335 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(0.<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65f y31cc we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x660 y31cc w336 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">(0.39<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w337 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal basic earnings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x661 y312a wa2 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lsbe wsce\">435<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x662 y312a w87 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls17c ws19f\">7.<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x663 y312a w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x664 y312a w339 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>.<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff10e fs27 fc0 sc0 ls4 ws3 gs398\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsff ws10d gs399\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls6d ws78\">Ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>c ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>s ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r ta<span class=\"_ _0\"></span>x by th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ave<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er of o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es in i<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue d<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>ar, exc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g em<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee s<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff110 fs0 fc4 sc0 ls0 ws0 gs39a\">(ii<span class=\"_ _0\"></span>) Dilu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s per sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff10d fs2 fc0 sc0 ls4 ws3 gs39b\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs39c\"><table class=\"s w33a h15c\" id=\"_f2153b5e-1bfa-43bc-8d2a-793bac111c76\"><tr><td></td><td></td><td class=\"t m1 x409 h1b y32ea ff10c fs2 fc0 sc0 ls35 ws42\">Weighted<span class=\"_ _3\"></span> </td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x665 h1b y32eb ff10c fs2 fc0 sc0 ls4 ws3\">ave<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge </td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x666 h1b y32ec ff10c fs2 fc0 sc0 ls4 ws3\">nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of </td><td></td></tr><tr><td></td><td class=\"t m1 x667 h1b y32ed ff10c fs2 fc0 sc0 ls64 ws70\">After ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h1b y32ee ff10c fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x655 h1b y32ee ff10c fs2 fc0 sc0 ls4 ws3\">Pe<span class=\"_ _0\"></span>r sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y32ef ff10c fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x493 h1b y32f0 ff10c fs2 fc0 sc0 ls4 ws3\">m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x658 h1b y32ef ff10c fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w330 h12d\"><div class=\"t m1 x1e4 he y3048 ff110 fs6 fc0 sc0 lsd ws15\">Pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to eq<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x668 y324c w80 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1a ws2c\">457<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x669 y324c w2b5 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>915<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66a y324c w33b h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls17c ws19f\">7.<span class=\"_ _0\"></span>7<span class=\"_ _b\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w33c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Net shares<span class=\"_ _3\"></span> under option<span class=\"_ _3\"></span>s allocable<span class=\"_ _3\"></span> for no<span class=\"_ _c\"></span> fur<span class=\"_ _0\"></span>ther consideration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66b y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66c y31f7 w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66d y31f7 w33d h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 lse2 wsec\">(0<span class=\"_ _0\"></span>.0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w33e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 1 no<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66e y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x272 y31f8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls2e ws38\">307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66f y31f8 w33f h130\"><div class=\"t m1 x1e4 ha y3036 ff10c fs6 fc0 sc0 ls129 ws13a\">(0<span class=\"_ _0\"></span>.3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w340 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal diluted earnings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x670 y312a w10c h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls1a ws2c\">457<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x671 y312a w341 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 lsc7 wsd6\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x672 y312a w342 h12d\"><div class=\"t m1 x1e4 he y3048 ff10c fs6 fc0 sc0 ls17c ws19f\">7.<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h9d ff10c fs27 fc0 sc0 ls4 ws3 gs39d\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs39e\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 </div><div class=\"gs39f\"><table class=\"s w27d h15d\" id=\"_2deb1321-a83a-4607-af0b-b2e2f749e248\"><tr><td></td><td></td><td class=\"t m1 x409 h11 y32f1 ff10f fs2 fc0 sc0 ls115 ws8d\">Weight<span class=\"_ _3\"></span>ed </td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x665 h11 y32f2 ff10e fs2 fc0 sc0 lsf5 ws103\">avera<span class=\"_ _0\"></span>ge </td><td></td></tr><tr><td></td><td class=\"t m1 x667 h11 y32f3 ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x666 h11 y32f4 ff10e fs2 fc0 sc0 ls4 ws3\">nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of </td><td class=\"t m1 x224 h11 y32f5 ff10e fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x673 h11 y32f6 ff10e fs2 fc0 sc0 ls4 ws3\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h11 y32f7 ff10e fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x655 h11 y32f8 ff10e fs2 fc0 sc0 ls39 ws1c\">Per share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y32f9 ff10e fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x493 h11 y32fa ff10e fs2 fc0 sc0 ls4 ws3\">m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x658 h11 y32fb ff10e fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w343 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10f fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x674 y324c w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">783<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x675 y324c wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x676 y324c w344 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>.<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w33c h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls13 ws12\">Net shares<span class=\"_ _3\"></span> under option<span class=\"_ _3\"></span>s allocable<span class=\"_ _3\"></span> for no<span class=\"_ _c\"></span> fur<span class=\"_ _0\"></span>ther consideration<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66b y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x677 y31cb w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls11 ws3a\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x678 y31cb w345 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>.12<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w33e h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lsd ws3\">Co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n of r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 1 no<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66e y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x679 y31cc w346 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls16 ws25\">307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67a y31cc w347 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls26 ws2e\">(0.6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w348 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls1a ws1c\">T<span class=\"_ _c\"></span>otal diluted earnings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67b y312a w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls7a wsa6\">783<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67c y312a w349 h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 lse ws28\">6<span class=\"_ _0\"></span>,279<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67d y312a w34a h12e\"><div class=\"t m1 x1e4 ha y3036 ff10e fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>.<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff10e fs27 fc0 sc0 ls4 ws3 gs3a0\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 lsce ws119 gs3a1\">1. <span class=\"_ _37\"> </span><span class=\"ff10f ls4 ws3\">Fo<span class=\"_ _0\"></span>r dil<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s pe<span class=\"_ _0\"></span>r sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>ed av<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g em<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee s<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, is a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>onv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of al<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l </span></div><div class=\"t m1 h11 ff10e fs2 fc0 sc0 ls4 ws3 gs3a2\">or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s, s<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ch a<span class=\"_ _0\"></span>s sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to e<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ti<span class=\"_ _0\"></span>er 1 n<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-636": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 lseb wsf9 gs3a4\">6 Principal products<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls4 ws3 gs3a5\">Product <span class=\"_ _3\"></span>classificat<span class=\"_ _3\"></span>ion<span class=\"_ gs3a6\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3a7\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts are cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed for ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es as eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e basis of acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ing for th<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3a8\">pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts is ou<span class=\"_ _0\"></span>tli<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _3\"></span>. The fol<span class=\"_ _0\"></span>lowi<span class=\"_ _0\"></span>ng ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e sum<span class=\"_ _0\"></span>mar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s the cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the Grou<span class=\"_ _0\"></span>p\u2019s key <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s as well as </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3a9\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts for ea<span class=\"_ _0\"></span>ch ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ gs255\"> </span></div><div class=\"t m1 h63 ff11d fs2 fc0 sc0 ls4 ws3 gs3aa\">Rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ gs3ab\"> </span><span class=\"_ _3f\"> </span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ gs3ab\"> </span><span class=\"_ _1a6\"> </span>Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ gs3ab\"> </span></div><div class=\"t m1 ha ff11e fs6 fc0 sc0 ls19 ws1a gs3ac\">LGR<span class=\"_ _0\"></span>I<span class=\"_ gs3ad\"> </span><span class=\"_ _29\"> </span><span class=\"ff11f lsd ws15\">\u2022 <span class=\"_ _5\"> </span><span class=\"ff11c\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span></span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3af\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c ls4 ws3\">Longevit<span class=\"_ _0\"></span>y insurance<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b0\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">A<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11e fs6 fc0 sc0 ls16a ws188 gs3b1\">Retai<span class=\"_ _0\"></span>l<span class=\"_ gs3ad\"> </span><span class=\"_ _121\"> </span><span class=\"ff11f lsd ws15\">\u2022 <span class=\"_ _5\"> </span><span class=\"ff11c\">UK Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b2\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">U<span class=\"_ _0\"></span>K Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b3\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">U<span class=\"_ _0\"></span>S pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b4\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">U<span class=\"_ _0\"></span>S un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sal li<span class=\"_ _0\"></span>fe<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b5\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c ls10 ws2f\">Indi<span class=\"_ _0\"></span>vidual <span class=\"_ _3\"></span>annuities<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b6\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">L<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e pla<span class=\"_ _0\"></span>n<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b7\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c ls4 ws3\">Lifetime mortgages<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b8\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">F<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>ed te<span class=\"_ _0\"></span>rm in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3b9\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">R<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3ba\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c ls4 ws3\">Workplace savings<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11e fs6 fc0 sc0 ls19 ws1a gs3bb\">LGI<span class=\"_ _0\"></span>M<span class=\"_ gs3ad\"> </span><span class=\"_ _23b\"> </span><span class=\"ff11f lsd ws15\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c ls16 ws25\">Ins<span class=\"_ _0\"></span>titutional pension<span class=\"_ gs3ae\"> </span></span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3bc\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t man<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lsd ws15 gs3bd\">\u2022 <span class=\"_ _b\"> </span><span class=\"ff11c\">C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3be\">A sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t par<span class=\"_ _0\"></span>t of the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s invol<span class=\"_ _0\"></span>ves the ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3bf\">A desc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e prin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>l prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s offe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up\u2019s seg<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s is outl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p see<span class=\"_ _0\"></span>ks to manag<span class=\"_ _0\"></span>e its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c0\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e that th<span class=\"_ _0\"></span>e resid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res ar<span class=\"_ _0\"></span>e with<span class=\"_ _0\"></span>in ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tol<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by the Boar<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s risk ap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>te fra<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>wor<span class=\"_ _0\"></span>k and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c1\">the me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s used to mon<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>r ris<span class=\"_ _0\"></span>k expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res ca<span class=\"_ _0\"></span>n be foun<span class=\"_ _0\"></span>d on page<span class=\"_ _0\"></span>s 52 to <span class=\"_ _3\"></span>59.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c2\">De<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ls of the ris<span class=\"_ _0\"></span>ks asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s pri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ipa<span class=\"_ _0\"></span>l prod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s and the co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ls use<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>se ris<span class=\"_ _0\"></span>ks can be fou<span class=\"_ _0\"></span>nd in Note<span class=\"_ _0\"></span>s 7 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d 1<span class=\"_ _c\"></span>5 to 1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls3 ws6c gs3c3\">Legal &amp; General Retirement Institutional (LGRI) </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls4 ws3 gs3c4\">Annuity contra<span class=\"_ _3\"></span>cts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c5\">Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on ris<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r (PR<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>) re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s bul<span class=\"_ _0\"></span>k ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>y the Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>s the asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me or a life </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c6\">fu<span class=\"_ _0\"></span>nd. A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me for a spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed tim<span class=\"_ _0\"></span>e, us<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly th<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er an<span class=\"_ _0\"></span>d may incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs1ae\">PR<span class=\"_ _0\"></span>T bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts of both im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te and defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c7\">Im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lar in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>am to the poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r and are in paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt at the dat<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs1b1\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>ide a reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>m sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ts at a fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e date af<span class=\"_ _0\"></span>ter th<span class=\"_ _0\"></span>e tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. So<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs1b2\">defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ted by the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>n gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cash op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, pre<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s for com<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng par<span class=\"_ _6\"></span>t of the ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c8\">in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me in<span class=\"_ _0\"></span>to cash at the da<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3c9\">Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is a <span class=\"_ _3\"></span>bl<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k of <span class=\"_ _3\"></span>im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>iate an<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the UK bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s with be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ts li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the RPI or for a mino<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y the CP<span class=\"_ _0\"></span>I, bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3ca\">wi<span class=\"_ _0\"></span>th con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual ma<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m or mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on pro<span class=\"_ _0\"></span>fit du<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in infla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on can be fou<span class=\"_ _0\"></span>nd wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in the IF<span class=\"_ _0\"></span>RS se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is note<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls82 ws95 gs20e\">Inv<span class=\"_ _3\"></span>estment <span class=\"_ _3\"></span>contracts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs20f\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up wr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>s Assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s (APP). An A<span class=\"_ _0\"></span>PP is a <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r whic<span class=\"_ _0\"></span>h the pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r (<span class=\"_ _3\"></span>a regi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d UK pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e) </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls52 ws5e gs261\">pays a day-<span class=\"_ _6\"></span>on<span class=\"_ _0\"></span>e prem<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m and in retu<span class=\"_ _0\"></span>rn re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual<span class=\"_ _0\"></span>ly fixe<span class=\"_ _0\"></span>d and/or infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>lin<span class=\"_ _0\"></span>ked se<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s over a <span class=\"_ _c\"></span>fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d per<span class=\"_ _0\"></span>iod of time fro<span class=\"_ _0\"></span>m the insu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls82 ws95 gs2d1\">Longevity <span class=\"_ _3\"></span>insurance <span class=\"_ _3\"></span>contracts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs211\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s lon<span class=\"_ _0\"></span>gev<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts for com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r whi<span class=\"_ _0\"></span>ch re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lar pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are mad<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs212\">refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g thei<span class=\"_ _0\"></span>r ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l lon<span class=\"_ _0\"></span>gev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>le the sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e makes an agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d set of reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts in re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>. Som<span class=\"_ _0\"></span>e pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs213\">gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r value wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y imm<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs262\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (LG<span class=\"_ _0\"></span>IM<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls71 ws7c gs215\">LGI<span class=\"_ _0\"></span>M offe<span class=\"_ _0\"></span>rs bo<span class=\"_ _0\"></span>th act<span class=\"_ _0\"></span>ive and pas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt on ei<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a pool<span class=\"_ _0\"></span>ed or se<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis to clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s domi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d glob<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts are man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed in Lon<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs216\">an<span class=\"_ _0\"></span>d Chic<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>o on beh<span class=\"_ _0\"></span>alf of pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, sove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n wealt<span class=\"_ _0\"></span>h clie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, ret<span class=\"_ _0\"></span>ail cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nts an<span class=\"_ _0\"></span>d sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs263\">Th<span class=\"_ _0\"></span>e key prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by LGIM are uni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, seg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs218\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21a\">Th<span class=\"_ _0\"></span>e cor<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ed for man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts are se<span class=\"_ _0\"></span>t out be<span class=\"_ _0\"></span>low.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs21b\">In<span class=\"_ _0\"></span>dex fu<span class=\"_ _0\"></span>nd ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21c\">LGI<span class=\"_ _0\"></span>M provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ool<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d inde<span class=\"_ _0\"></span>x fund<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, provi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng a wide ch<span class=\"_ _0\"></span>oic<span class=\"_ _0\"></span>e and th<span class=\"_ _0\"></span>e abil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to pur<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c ben<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>s effic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly. <span class=\"_ _3\"></span>In ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21d\">se<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d solu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons ar<span class=\"_ _0\"></span>e offe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>uti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g larg<span class=\"_ _0\"></span>e sca<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>ion ag<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d marke<span class=\"_ _0\"></span>t cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21e\">al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls8a wsa5 gs21f\">Th<span class=\"_ _0\"></span>e LGIM E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed Fun<span class=\"_ _0\"></span>d (E<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>) bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>s clie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts acc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>LGI<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>\u2019s index fu<span class=\"_ _0\"></span>nd man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cap<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s via our E<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F plat<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>. ET<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs220\">pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts cove<span class=\"_ _0\"></span>r a <span class=\"_ _3\"></span>br<span class=\"_ _0\"></span>oad ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al and th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>c asse<span class=\"_ _0\"></span>t clas<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs222\">Ac<span class=\"_ _0\"></span>tive s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs223\">LGI<span class=\"_ _0\"></span>M offe<span class=\"_ _0\"></span>rs a ran<span class=\"_ _0\"></span>ge of poo<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d and seg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d acti<span class=\"_ _0\"></span>ve fixed in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e LGIM liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fund<span class=\"_ _0\"></span>s offe<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>so<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for the<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs224\">cas<span class=\"_ _0\"></span>h mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s acro<span class=\"_ _0\"></span>ss a rang<span class=\"_ _0\"></span>e of core cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. The li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y fun<span class=\"_ _0\"></span>ds aim to del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve retu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>hig<span class=\"_ _0\"></span>h leve<span class=\"_ _0\"></span>l of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs225\">dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t foc<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ng on ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>hi<span class=\"_ _0\"></span>gh qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, liqui<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls8a wsa5 gs226\">Ac<span class=\"_ _0\"></span>tive st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s also inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s an acti<span class=\"_ _0\"></span>ve equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng foc<span class=\"_ _0\"></span>use<span class=\"_ _0\"></span>d team<span class=\"_ _0\"></span>s mana<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g sto<span class=\"_ _0\"></span>ck sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n acro<span class=\"_ _0\"></span>ss dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt reg<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs227\">So<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and Lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Dri<span class=\"_ _0\"></span>ven Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (LD<span class=\"_ _0\"></span>I)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs228\">LGI<span class=\"_ _0\"></span>M provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of pool<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d bes<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ke solu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to hel<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ese sol<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns wil<span class=\"_ _0\"></span>l usua<span class=\"_ _0\"></span>lly co<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs229\">ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve or passi<span class=\"_ _0\"></span>ve und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>os wit<span class=\"_ _0\"></span>h der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve overl<span class=\"_ _0\"></span>ays desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t clie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. An all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gy se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>so </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22a\">of<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ed to ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h may also allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te som<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n LGIM<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs22b\">Mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22c\">Mu<span class=\"_ _0\"></span>lti<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>et fu<span class=\"_ _0\"></span>nds for re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il and ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l clie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bui<span class=\"_ _0\"></span>lt usi<span class=\"_ _0\"></span>ng LGI<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise in asse<span class=\"_ _0\"></span>t all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h is infor<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d by an <span class=\"_ _3\"></span>in<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e resea<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22d\">ca<span class=\"_ _0\"></span>pab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng asse<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s may be mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d on an acti<span class=\"_ _0\"></span>ve or pass<span class=\"_ _0\"></span>ive basi<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in LGI<span class=\"_ _0\"></span>M.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff120 fs0 fc0 sc0 ls7a ws80 gs22e\">Real assets </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22f\">LGI<span class=\"_ _0\"></span>M offe<span class=\"_ _0\"></span>rs a ran<span class=\"_ _0\"></span>ge of poo<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d fun<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, seg<span class=\"_ _0\"></span>reg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng on be<span class=\"_ _0\"></span>hal<span class=\"_ _0\"></span>f of <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K and over<span class=\"_ _0\"></span>sea<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s acro<span class=\"_ _0\"></span>ss phy<span class=\"_ _0\"></span>sic<span class=\"_ _0\"></span>al rea<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26a\">es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te, pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate de<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>, infr<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e deb<span class=\"_ _0\"></span>t and real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess has sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t team<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>rs an<span class=\"_ _0\"></span>d an </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26b\">in<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ho<span class=\"_ _0\"></span>use res<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h team.<span class=\"_ _0\"></span> </div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs27f\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l (L<span class=\"_ _0\"></span>GC)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs280\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y and im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3cc\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l manag<span class=\"_ _0\"></span>es sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e not dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. LGC<span class=\"_ _0\"></span>\u2019s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs281\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fall into t<span class=\"_ _0\"></span>wo dis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es; di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts and tr<span class=\"_ _0\"></span>ade<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e value of, and inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, both ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s is sensi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26e\">co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts and th<span class=\"_ _0\"></span>e broa<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>my. Poten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l volati<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns is manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs235\">fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>ang<span class=\"_ _0\"></span>e and in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, and exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n limi<span class=\"_ _0\"></span>ts by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e, se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor and ge<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>hic re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs26f\">Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d str<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs237\">Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are an inte<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of the wide<span class=\"_ _0\"></span>r Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>gy. LGC\u2019s dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts ar<span class=\"_ _0\"></span>e ty<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ly ill<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>uid inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts en<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>to thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs238\">ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e with s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>ic par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s or by the crea<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of new com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s. LGC see<span class=\"_ _0\"></span>ks to make dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs270\">are s<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>lls<span class=\"_ _0\"></span>, and is org<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d into fou<span class=\"_ _0\"></span>r sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs: sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te, cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>n ene<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>y, housi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs239\">LGC de<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oys cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al and se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor exp<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to targ<span class=\"_ _0\"></span>et at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive ris<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ns whi<span class=\"_ _0\"></span>ch ca<span class=\"_ _0\"></span>n del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r retu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ns and<span class=\"_ _0\"></span>/or lower<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs23a\">vola<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y for ou<span class=\"_ _0\"></span>r shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al tha<span class=\"_ _0\"></span>n list<span class=\"_ _0\"></span>ed eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. </div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 lsa0 ws7d gs23f\">Retail </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs273\">Th<span class=\"_ _0\"></span>e Ret<span class=\"_ _0\"></span>ail di<span class=\"_ _0\"></span>vis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s Insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il Ret<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs241\">UK pr<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss (Re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ail an<span class=\"_ _0\"></span>d Gro<span class=\"_ _0\"></span>up)<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs242\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up of<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h prov<span class=\"_ _0\"></span>ide mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>hey may in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e heal<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>, disa<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al ill<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s and ac<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs243\">be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>; thes<span class=\"_ _0\"></span>e addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are com<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed as sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>mai<span class=\"_ _0\"></span>n life pol<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>t can als<span class=\"_ _0\"></span>o be sold se<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tel<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>e ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t amou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs244\">wou<span class=\"_ _0\"></span>ld usu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y be spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>. Som<span class=\"_ _0\"></span>e sic<span class=\"_ _0\"></span>kn<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r the poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>\u2019s mor<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e repa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d are linke<span class=\"_ _0\"></span>d to the preva<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs245\">mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>age in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es. In add<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, som<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts may gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m rate<span class=\"_ _0\"></span>s, pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs12f\">of<span class=\"_ _0\"></span>fer po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s conve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs131\">US pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs274\">US pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l term as<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s deat<span class=\"_ _0\"></span>h ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s over the me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>um to long<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m. Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts have leve<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs132\">pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s for an ini<span class=\"_ _0\"></span>tial pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od wi<span class=\"_ _0\"></span>th pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>s set an<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y the<span class=\"_ _0\"></span>reaf<span class=\"_ _6\"></span>ter. <span class=\"_ _3\"></span>D<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>e ini<span class=\"_ _0\"></span>tial pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re is ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y an optio<span class=\"_ _0\"></span>n to conve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs133\">a unive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sal life co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t. Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m rate<span class=\"_ _0\"></span>s are not gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t cann<span class=\"_ _0\"></span>ot exc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d the age<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ed pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs135\">US un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>al life<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs136\">Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>al life co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a (LGA<span class=\"_ _0\"></span>) provi<span class=\"_ _0\"></span>de savi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s and dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts over th<span class=\"_ _0\"></span>e med<span class=\"_ _0\"></span>ium to lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>. The savi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs137\">el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t has a guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th ra<span class=\"_ _0\"></span>te. LGA has exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s in the even<span class=\"_ _0\"></span>t that in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s dec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase an<span class=\"_ _0\"></span>d it is unab<span class=\"_ _0\"></span>le to earn en<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs24a\">on the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts to cover the gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. LGA is also exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to loss sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>, as the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs138\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s will ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y fall wit<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ut a cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs13a\">Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce is use<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses to mana<span class=\"_ _0\"></span>ge exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>lar<span class=\"_ _0\"></span>ge cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s for ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>m bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss an<span class=\"_ _0\"></span>d vir<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lly all un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>al life<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs13b\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s lead to the es<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n our US bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs13c\">se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on are al<span class=\"_ _0\"></span>so use<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy re<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>f (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>f from re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n gover<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls4 ws3 gs13e\">Annuities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs13f\">Im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have simi<span class=\"_ _0\"></span>lar ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs as pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sol<span class=\"_ _0\"></span>d by LGRI<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p also off<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts for ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>als th<span class=\"_ _0\"></span>at prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs275\">leve<span class=\"_ _0\"></span>l of inco<span class=\"_ _0\"></span>me over a cho<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n fixed pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od of time<span class=\"_ _0\"></span>, in excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e for an ini<span class=\"_ _0\"></span>tial lu<span class=\"_ _0\"></span>mp su<span class=\"_ _0\"></span>m paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m the pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. The pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s can prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs140\">fixe<span class=\"_ _0\"></span>d lum<span class=\"_ _0\"></span>p sum at mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d/or opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r on non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>uar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ed ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs142\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wr<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ten by LGA con<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in a provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n that<span class=\"_ _0\"></span>, at mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er may move the ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e into an imm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs143\">an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, at rates wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are ei<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r tho<span class=\"_ _0\"></span>se cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tly in ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t, or ra<span class=\"_ _0\"></span>tes gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d in the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs144\">Lif<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>me ca<span class=\"_ _0\"></span>re pl<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs277\">Th<span class=\"_ _0\"></span>e life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e care pl<span class=\"_ _0\"></span>an prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es a mon<span class=\"_ _0\"></span>thl<span class=\"_ _0\"></span>y paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>UK re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d car<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>t hel<span class=\"_ _0\"></span>ps me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>re for the po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs145\">A poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er ca<span class=\"_ _0\"></span>n cho<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive a fixed mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y payme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or opt to have <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t in. A deat<span class=\"_ _0\"></span>h ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit exi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t so tha<span class=\"_ _0\"></span>t if </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs146\">a poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er di<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t 6 mont<span class=\"_ _0\"></span>hs of the sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t dat<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>ge of the or<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m les<span class=\"_ _0\"></span>s any payme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts alr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>y mad<span class=\"_ _0\"></span>e is <span class=\"_ _3\"></span>pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs289\">the es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls5d ws6b gs148\">Lifetime<span class=\"_ _3\"></span> mortgages<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs149\">Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es are a form of equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e that prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs wi<span class=\"_ _0\"></span>th a loan sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t thei<span class=\"_ _0\"></span>r main res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14a\">wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the nee<span class=\"_ _0\"></span>d for reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ey are re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d ret<span class=\"_ _0\"></span>ail mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es of<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span>ly to bor<span class=\"_ _0\"></span>rowe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s over the age of 55 thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs278\">in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. Inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>es over th<span class=\"_ _0\"></span>e term of the loa<span class=\"_ _0\"></span>n and is repay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at the tim<span class=\"_ _0\"></span>e the pri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s due. Lo<span class=\"_ _0\"></span>ans ca<span class=\"_ _0\"></span>n be adva<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ed in a sing<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14b\">lu<span class=\"_ _0\"></span>mp sum am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt or in seve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t drawd<span class=\"_ _0\"></span>own<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>an ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y. All life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de a \u2018no neg<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y<span class=\"_ _0\"></span>\u2019 gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, whic<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14c\">mea<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t if the loan is rep<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>d from the sa<span class=\"_ _0\"></span>le of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d if the net sal<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ds are lowe<span class=\"_ _0\"></span>r than th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e loan<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p will acc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14d\">the ne<span class=\"_ _0\"></span>t sal<span class=\"_ _0\"></span>e proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>s as full set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls70 ws94 gs14e\">Retirement interest<span class=\"_ _3\"></span>-o<span class=\"_ _0\"></span>nly <span class=\"_ _3\"></span>mor<span class=\"_ _0\"></span>tgages<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14f\">A reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>on<span class=\"_ _0\"></span>ly (R<span class=\"_ _0\"></span>IO) mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>e is a <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd res<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l mor<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs ab<span class=\"_ _0\"></span>ove 55 years ol<span class=\"_ _0\"></span>d. A RIO<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs150\">mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>age is ver<span class=\"_ _6\"></span>y simi<span class=\"_ _0\"></span>lar to a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h two key dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s:<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs25c\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">the lo<span class=\"_ _0\"></span>an is usua<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y only pai<span class=\"_ _0\"></span>d off on de<span class=\"_ _0\"></span>ath<span class=\"_ _0\"></span>, move into lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m care or sal<span class=\"_ _0\"></span>e of the hous<span class=\"_ _0\"></span>e </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs25d\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">the bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>rowe<span class=\"_ _0\"></span>rs on<span class=\"_ _0\"></span>ly have to prove they ca<span class=\"_ _0\"></span>n affo<span class=\"_ _0\"></span>rd the mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and not th<span class=\"_ _0\"></span>e capi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at the end of the mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>. </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs25e\">No re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt sol<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed as rep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>ts to sale of pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs155\">Wor<span class=\"_ _0\"></span>kp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce savi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs156\">Wor<span class=\"_ _0\"></span>kp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce savi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me so<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to enab<span class=\"_ _0\"></span>le co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ies to mee<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>ir au<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>en<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. Work<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e savin<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs157\">ac<span class=\"_ _0\"></span>ts as sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r and adm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor for th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>e the cus<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs hol<span class=\"_ _0\"></span>d the ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual or sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me le<span class=\"_ _0\"></span>vel pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs158\">Le<span class=\"_ _0\"></span>gal an<span class=\"_ _0\"></span>d Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted (LG<span class=\"_ _0\"></span>AS).</div>",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfPrincipalProducts",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-637": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs3cf\">7 Ass<span class=\"_ _0\"></span>et r<span class=\"_ _0\"></span>isk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d0\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to the follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of asse<span class=\"_ _0\"></span>t risk as a cons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of offe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s outl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in No<span class=\"_ _0\"></span>te 6. </div><div class=\"t m1 h30 ff120 fs0 fc0 sc0 ls5d ws68 gs3d1\">Market<span class=\"_ _3\"></span> risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d2\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s as a <span class=\"_ _3\"></span>dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t or in<span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of fluc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the value of, or inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e from<span class=\"_ _0\"></span>, sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff120 fs0 fc0 sc0 ls3 ws6c gs3d3\">Credit risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d4\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s if anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r par<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y fails to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm i<span class=\"_ _0\"></span>ts fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up or suf<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs a rat<span class=\"_ _0\"></span>ing dow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls3 wsa4 gs3d5\">Liquidit<span class=\"_ _0\"></span>y <span class=\"_ _3\"></span>risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d6\">Th<span class=\"_ _0\"></span>e risk th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, tho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h solve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er do<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t have suffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al reso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le it to mee<span class=\"_ _0\"></span>t its ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns as they fall<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d7\">du<span class=\"_ _0\"></span>e, or ca<span class=\"_ _0\"></span>n sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e them on<span class=\"_ _0\"></span>ly at exce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ive cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d8\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is also exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k as a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>se pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 more de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il on ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k can be fou<span class=\"_ _0\"></span>nd in Note 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3d9\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is not dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to any marke<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k or liqui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with LGI<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>\u2019s busin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d as a <span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3da\">dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s have not bee<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Howeve<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>LGI<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me is re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to the value of fun<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d so they are in<span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3db\">to marke<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks that im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e value of asse<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>ose fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3dc\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>eks to mana<span class=\"_ _0\"></span>ge it<span class=\"_ _0\"></span>s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res to ris<span class=\"_ _0\"></span>k thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t the res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls79 wsbd gs3dd\">agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by the Boar<span class=\"_ _0\"></span>d. A <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the risks ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the Grou<span class=\"_ _0\"></span>p\u2019s prin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>d in the tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h13 ff11a fsa fc5 sc0 ls14e ws16c gs3de\">Market risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls132 ws12c gs3df\">Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _119\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _155\"> </span>Controls to mitigate risks<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls22 ws26 gs3e0\">Investment<span class=\"_ _3\"></span> performance risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e1\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p is expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the ri<span class=\"_ _0\"></span>sk tha<span class=\"_ _0\"></span>t the in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e2\">an<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e of, asse<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e3\">ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts do no<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m in li<span class=\"_ _0\"></span>ne wi<span class=\"_ _0\"></span>th inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e4\">an<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s lea<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng to a pote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls4 ws3 gs3e5\">financial <span class=\"_ _3\"></span>loss.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e6\">LGC<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e7\">an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e8\">Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to asse<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge of fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os on<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3e9\">inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s and as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3ea\">po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>os of inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts. Fo<span class=\"_ _0\"></span>r ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3eb\">an<span class=\"_ _0\"></span>d infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of the li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es is un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n to cre<span class=\"_ _0\"></span>ate a po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3ec\">se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of whic<span class=\"_ _0\"></span>h ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the val<span class=\"_ _0\"></span>ue of lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3ed\">in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3ee\">Fo<span class=\"_ _0\"></span>r uni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk of vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3ef\">ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fee inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me du<span class=\"_ _0\"></span>e to the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f0\">an<span class=\"_ _0\"></span>d mar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f1\">he<span class=\"_ _0\"></span>ld in th<span class=\"_ _0\"></span>e lin<span class=\"_ _0\"></span>ked fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, on whi<span class=\"_ _0\"></span>ch inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f2\">fee<span class=\"_ _0\"></span>s are ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re is als<span class=\"_ _0\"></span>o the ri<span class=\"_ _0\"></span>sk of exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se ove<span class=\"_ _0\"></span>r-<span class=\"_ _6\"></span>ru<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f3\">sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l of char<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h cou<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f4\">be im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f5\">LGI<span class=\"_ _0\"></span>M and Re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ail<span class=\"_ _107\"> </span>Th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h mai<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng a dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of fun<span class=\"_ _0\"></span>ds in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f6\">cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s may inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of linke<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f7\">to the<span class=\"_ _0\"></span>ir inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>es is su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>c </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f8\">ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is als<span class=\"_ _0\"></span>o mad<span class=\"_ _0\"></span>e of the lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up of the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3f9\">fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r som<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r the leve<span class=\"_ _0\"></span>l of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3fa\">ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es le<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls16 ws16 gs3fb\">Proper<span class=\"_ _0\"></span>ty risk </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3fc\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a no<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3fd\">wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s a pote<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p as a </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3fe\">res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of low ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d an exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs3ff\">sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h may ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lowe<span class=\"_ _0\"></span>r hou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs400\">pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for wha<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ver re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs401\">LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _15f\"> </span>T<span class=\"_ _3\"></span>o miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, max<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um lo<span class=\"_ _0\"></span>an to val<span class=\"_ _0\"></span>ue ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>os are se<span class=\"_ _0\"></span>t for al<span class=\"_ _0\"></span>l len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs402\">fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng ou<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s for le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs403\">pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y ter<span class=\"_ _0\"></span>ms als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e full<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs404\">mai<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t of ins<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>. The di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng by </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs405\">pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>e and ge<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c reg<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n se<span class=\"_ _0\"></span>ek<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs406\">asp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs407\">LGC bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d hom<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs408\">inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t in lar<span class=\"_ _0\"></span>ge co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs409\">pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and alo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g wit<span class=\"_ _0\"></span>h LGR<span class=\"_ _0\"></span>I mana<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e seve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs40a\">rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ms ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs40b\">exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to resi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ach<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>, as wel<span class=\"_ _0\"></span>l as the<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs40c\">vol<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e of tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, bo<span class=\"_ _0\"></span>th of whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h may be aff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs40d\">th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of the ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>. Rev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs40e\">may als<span class=\"_ _0\"></span>o be im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed by sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s in the co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs40f\">of raw mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ls or dis<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ly ch<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs410\">In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of real es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er in<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs411\">dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, als<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on an as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs412\">of the wi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs413\">LGC an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _99\"> </span>D<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on by ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>hic re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n and pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y ty<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e avoid<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs414\">of exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es to spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c ar<span class=\"_ _0\"></span>eas of the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Si<span class=\"_ _0\"></span>tes ar<span class=\"_ _0\"></span>e deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ed in a </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs415\">nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of phas<span class=\"_ _0\"></span>es to spr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>d the ri<span class=\"_ _0\"></span>sk to loc<span class=\"_ _0\"></span>al ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s over seve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al yea<span class=\"_ _0\"></span>rs an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs416\">wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e we see<span class=\"_ _0\"></span>k to co<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ts to man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs417\">Th<span class=\"_ _0\"></span>e pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of new lan<span class=\"_ _0\"></span>d for de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oval fr<span class=\"_ _0\"></span>om LG<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>\u2019s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs418\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tee an<span class=\"_ _0\"></span>d the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ee (th<span class=\"_ _0\"></span>e Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs419\">Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>4). Whe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, key met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs41a\">to fur<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as fixe<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, for<span class=\"_ _6\"></span>war<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs41b\">sal<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ca<span class=\"_ _0\"></span>n also be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t fr<span class=\"_ _0\"></span>om fle<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs41c\">ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs41d\">in th<span class=\"_ _0\"></span>e LGR<span class=\"_ _0\"></span>I ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io is re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d is und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs41e\">lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m lea<span class=\"_ _0\"></span>ses wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div>Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _119\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _155\"> </span>Controls to mitigate risks<span class=\"_ _3ad\"> </span></span>Curren<span class=\"_ _0\"></span>cy risk<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>o di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> bo<span class=\"_ _0\"></span>nd po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o, inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are he<span class=\"_ _0\"></span>ld in co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. LGC al<span class=\"_ _0\"></span>so inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t in ove<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>as ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of, or in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>ese as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in ste<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in unfo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGC<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>o mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the r<span class=\"_ _0\"></span>isk of lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y fluc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> for<span class=\"_ _6\"></span>war<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to hed<span class=\"_ _0\"></span>ge ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s to cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s den<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s oth<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>an st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th s<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w and re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es do no<span class=\"_ _0\"></span>t eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te all c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k an<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns so<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Inflation risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s and fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s are tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d int<span class=\"_ _0\"></span>o ste<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in the s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>n imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bu<span class=\"_ _0\"></span>t may be mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by associated<span class=\"_ _3\"></span> hedging <span class=\"_ _3\"></span>transactions.<span class=\"_ _3ad\"> </span>Group<span class=\"_ _88\"> </span><span class=\"ff11c lsd ws15\">T<span class=\"_ _c\"></span>o mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k of loss fr<span class=\"_ _0\"></span>om cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </span>mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs it<span class=\"_ _0\"></span>s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e and exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns wh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> ne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y. <span class=\"_ _3\"></span>He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h str<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r revi<span class=\"_ _0\"></span>ew an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Inflation risk<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>k is the po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial of rea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng a los<span class=\"_ _0\"></span>s bec<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se of re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>e or abso<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>te c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts may pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e for fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to be pai<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of cha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the leve<span class=\"_ _0\"></span>l of infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t may inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e an ann<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> for mo<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGR<span class=\"_ _0\"></span>I<span class=\"_ _fe\"> </span><span class=\"ff11c lsd ws15\">T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ta<span class=\"_ _0\"></span>kes exp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of </span>th<span class=\"_ _0\"></span>e eff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s on con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s that may ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>. An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts al<span class=\"_ _0\"></span>so t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e for a cap on the an<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ual in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> in in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es do no<span class=\"_ _0\"></span>t eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te all in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> ri<span class=\"_ _0\"></span>sk an<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns so<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Interest rate r<span class=\"_ _3\"></span>isk<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te ris<span class=\"_ _0\"></span>k is the ri<span class=\"_ _0\"></span>sk th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to low<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s or los<span class=\"_ _0\"></span>s as a dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt of flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of, or inco<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m, s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m cha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, LGR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span>T<span class=\"_ _c\"></span>o mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the r<span class=\"_ _0\"></span>isk th<span class=\"_ _0\"></span>at gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e not me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h bro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ly ma<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h the nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e and te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s of the<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> is gove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by the na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or sav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, the ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te of ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le on ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass of ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to mee<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of eac<span class=\"_ _0\"></span>h ass<span class=\"_ _0\"></span>et cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>y sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t.<span class=\"_ _3ad\"> </span>Credit risk<span class=\"_ _3ad\"> </span>Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _17e\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _e8\"> </span>C<span class=\"_ _0\"></span>ontrols to mitigate r<span class=\"_ _3\"></span>isks<span class=\"_ _3ad\"> </span></span>Bo<span class=\"_ _0\"></span>nd d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span>A sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o of cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loan<span class=\"_ _0\"></span>s are he<span class=\"_ _0\"></span>ld to bac<span class=\"_ _0\"></span>k th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Wh<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o is dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, the as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ss is in<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the ris<span class=\"_ _0\"></span>k of issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> dow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _15f\"> </span>Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l and sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r limi<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>t by finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gt<span class=\"_ _0\"></span>h rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r and ge<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n to limi<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d to take acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l str<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>th by rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s own in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ysi<span class=\"_ _0\"></span>s. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are als<span class=\"_ _0\"></span>o use<span class=\"_ _0\"></span>d to miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng dow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. If app<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are ta<span class=\"_ _0\"></span>ken to tra<span class=\"_ _0\"></span>de ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at ri<span class=\"_ _0\"></span>sk of de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Reinsurance counterparty risk<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ri<span class=\"_ _0\"></span>sk is mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted by ce<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g par<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span> th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>ks ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed to th<span class=\"_ _0\"></span>e rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t of a re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r woul<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e the bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s to be re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly on le<span class=\"_ _0\"></span>ss ad<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>us te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, or for the ri<span class=\"_ _0\"></span>sks to<span class=\"_ _0\"></span> be bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y an el<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al on it<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss no<span class=\"_ _0\"></span>t be re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d on the sa<span class=\"_ _0\"></span>me te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _15f\"> </span>Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n sel<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s for it<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ies w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h have a min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to A- un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. For eac<span class=\"_ _0\"></span>h rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s and p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re ove<span class=\"_ _0\"></span>r the ter<span class=\"_ _0\"></span>m of th<span class=\"_ _0\"></span>e trea<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Act<span class=\"_ _0\"></span>ual ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the<span class=\"_ _0\"></span>se lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y, for lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k sy<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the us<span class=\"_ _0\"></span>e of stro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d see<span class=\"_ _0\"></span>ks to ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>re ful<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. The ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>y and qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to ong<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Property lending counterparty risk<span class=\"_ _3ad\"> </span>As pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of our as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy, we hol<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d leas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bac<span class=\"_ _0\"></span>k inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. We are in<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the ri<span class=\"_ _0\"></span>sk of def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt by a bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r or ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGC an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _99\"> </span>E<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d leas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bac<span class=\"_ _0\"></span>k inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on is<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a due dil<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss to ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks imp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t any ris<span class=\"_ _0\"></span>k of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>. We also pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>r inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts by tak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ove<span class=\"_ _0\"></span>r the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h eac<span class=\"_ _0\"></span>h inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Banking counterparty risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p is expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to pote<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d ba<span class=\"_ _0\"></span>nks or th<span class=\"_ _0\"></span>e iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s of finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t on th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s to us. We are als<span class=\"_ _0\"></span>o exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>ks in res<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of the pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>y ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, LGC<span class=\"_ _3ad\"> </span>an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s its ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s to bank<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s and th<span class=\"_ _0\"></span>e iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s usi<span class=\"_ _0\"></span>ng a fra<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>rk of co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts ta<span class=\"_ _0\"></span>ke acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h of the cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y as wel<span class=\"_ _0\"></span>l as oth<span class=\"_ _0\"></span>er ba<span class=\"_ _0\"></span>nk co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p may have. Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>e sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to regu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>iew wi<span class=\"_ _0\"></span>th ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p has de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a for the se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y and se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gt<span class=\"_ _0\"></span>h of prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s is reg<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><div class=\"t m1 h13 ff11a fsa fc5 sc0 ls14e ws16c gs494\">Liquidit<span class=\"_ _0\"></span>y risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls132 ws12c gs495\">Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _17e\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _e8\"> </span>C<span class=\"_ _0\"></span>ontrols to mitigate r<span class=\"_ _3\"></span>isks<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls22 ws26 gs496\">Contingent ev<span class=\"_ _3\"></span>ent risk </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs497\">Eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t in liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ic </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs498\">tha<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d lea<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er le<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>s of clai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs499\">tha<span class=\"_ _0\"></span>n wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly be ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or ex<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs49a\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ti<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng of cas<span class=\"_ _0\"></span>h flows or th<span class=\"_ _0\"></span>e abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to real<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs49b\">inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at a giv<span class=\"_ _0\"></span>en val<span class=\"_ _0\"></span>ue wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in a sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls16 ws25 gs49c\">timeframe.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs49d\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and Re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ail<span class=\"_ _23c\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p see<span class=\"_ _0\"></span>ks to ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t it me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s its ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as they fal<span class=\"_ _0\"></span>l du<span class=\"_ _0\"></span>e and<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs49e\">avoi<span class=\"_ _0\"></span>ds in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on for<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in ord<span class=\"_ _0\"></span>er to me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs49f\">ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. A limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ri<span class=\"_ _0\"></span>sk is<span class=\"_ _0\"></span>, howe<span class=\"_ _0\"></span>ver, an ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a0\">el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. It is fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re a con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a1\">th<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>s in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and th<span class=\"_ _0\"></span>e exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a2\">ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t str<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. How<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r, the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es se<span class=\"_ _0\"></span>ek<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a3\">to mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>by fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to mee<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a4\">es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws tha<span class=\"_ _0\"></span>t may ari<span class=\"_ _0\"></span>se fr<span class=\"_ _0\"></span>om co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a5\">lev<span class=\"_ _0\"></span>el of req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ess te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a6\">for sh<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s is reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a7\">to the re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s treas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y fun<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls8 ws7 gs4a8\">fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to othe<span class=\"_ _0\"></span>r are<span class=\"_ _0\"></span>as of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to cover co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4a9\">ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g from m<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts may no<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lse ws28 gs4aa\">readily realisable. </div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls4 wsd gs4ab\">Collateral liquidity risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4ac\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e use of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4ad\">in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4ae\">in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>ks ca<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4af\">co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es at sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t noti<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b0\">LGC<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lse ws28 gs4b1\">Retail<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b2\">Li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to mee<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al cal<span class=\"_ _0\"></span>ls un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b3\">co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d an ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate po<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>l of elig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b4\">mai<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es as sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d in the as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b5\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I and Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il el<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts to pos<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b6\">was mo<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>n five ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s over th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pos<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d (usin<span class=\"_ _0\"></span>g the mo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4b7\">re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lse ws28 gs4b8\">collateral agreeme<span class=\"_ _0\"></span>nts)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls4 wsd gs4b9\">Investment liquidity ri<span class=\"_ _3\"></span>sk </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4ba\">Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d leas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bac<span class=\"_ _0\"></span>k inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4bb\">lif<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ar<span class=\"_ _0\"></span>e inh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly il<span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4bc\">of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, wi<span class=\"_ _0\"></span>th li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>s to reali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4bd\">th<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of asse<span class=\"_ _0\"></span>ts ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4be\">LGC an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _99\"> </span>G<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of the an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is abl<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4bf\">an<span class=\"_ _0\"></span>d will<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to take adv<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge of the pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4c0\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, how<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r, sets li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4c1\">ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of th<span class=\"_ _0\"></span>e natu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d ty<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are he<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs4c2\">to mee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c3\">As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up had \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>of cas<span class=\"_ _0\"></span>h and cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds and a \u00a31<span class=\"_ _3\"></span>.5b<span class=\"_ _0\"></span>n syn<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c4\">co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed revo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ing cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t facil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of its key rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip ba<span class=\"_ _0\"></span>nks<span class=\"_ _0\"></span>, matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing in De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>8.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs5d1\">1<span class=\"_ _3\"></span>5 Ma<span class=\"_ _0\"></span>rket r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs5d2\">(i) I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs5d3\">(a<span class=\"_ _c\"></span>) Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d4\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y ris<span class=\"_ _0\"></span>k expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re limi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts are bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d5\">mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic da<span class=\"_ _0\"></span>ta and key qua<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. The lat<span class=\"_ _6\"></span>ter take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and pol<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The ta<span class=\"_ _0\"></span>ble be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d6\">ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed fr<span class=\"_ _0\"></span>om the ta<span class=\"_ _0\"></span>ble as the ri<span class=\"_ _0\"></span>sk is </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d7\">re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by the poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls114 wsa1 gs5d8\">Exposure to w<span class=\"_ _3\"></span>orldwide equity mark<span class=\"_ _3\"></span>ets<span class=\"_ _3ad\"> </span></div><div class=\"gs5d9\"><table class=\"s w537 h175\" id=\"_5eeef005-a750-4bcd-924a-492fd20a8864\"><tr><td></td><td class=\"t m1 x1e0 h1b y346e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y346e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y346f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y346f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3470 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c7 y3470 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c8 y3470 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 w539 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">North America<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c9 y3220 wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">231<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ca y3220 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">176<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3270 w53a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Europe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x21e y3270 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76e y3270 w53b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3271 w53c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Japan<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cb y3271 w53d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cc y3271 w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3222 w53e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>ia Pac<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cd y3222 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ce y3222 w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3471 w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cf y3471 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d0 y3471 w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w53f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">Listed equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y3472 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">802<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d2 y3472 w9d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">8<span class=\"_ _0\"></span>85<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3473 ff11c fs6 fc0 sc0 ls10 ws2f\">Unlisted equities<span class=\"_ _3ad\"> </span></td><td class=\"c n x51b y3225 w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d3 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3474 ff11c fs6 fc0 sc0 lsd ws15\">Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in un<span class=\"_ _0\"></span>it tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x1ed y31cc w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d4 y31cc w541 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">1,421<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w542 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d5 y312a w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d6 y312a wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs5da\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs5db\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs5dc\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Un<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>it b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en \u00a3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2m) U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, \u00a33<span class=\"_ _0\"></span>19m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>1m) Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d \u00a35<span class=\"_ _0\"></span>7m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2m) N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs5dd\">2. <span class=\"_ _19\"> </span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs i<span class=\"_ _0\"></span>n un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs5de\">(b) Deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5df\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on macr<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5e0\">dat<span class=\"_ _0\"></span>a and key qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ind<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he lat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ial an<span class=\"_ _0\"></span>d poli<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ron<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5e1\">exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the tab<span class=\"_ _0\"></span>le as the ris<span class=\"_ _0\"></span>k is reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls3 wsa4 gs5e2\">the <span class=\"_ _3\"></span>policyholder.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs5e3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies </div><div class=\"gs5e4\"><table class=\"s w543 h176\" id=\"_15ef1692-2575-42ed-9c92-a93314093c99\"><tr><td></td><td></td><td class=\"t m1 x1df h11 y3475 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3476 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3477 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3478 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3479 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y347a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y347b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32c8 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d7 y32c8 w544 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _c\"></span>,273<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d8 y32c8 w545 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">32<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y32ca w547 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>9,<span class=\"_ _6\"></span>012<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d9 y32ca w548 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9da y33b6 w54a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,206<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9db y33b6 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dc y33b7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y33b7 w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">921<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y347c w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">277<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9de y347c w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">238<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347d ff11c fs6 fc0 sc0 ls4 ws3\">GIIPS: </td><td></td><td></td></tr><tr><td class=\"c n x4aa y3220 w54d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ire<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9df y3220 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,066<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e0 y3220 w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33ba w54e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ita<span class=\"_ _0\"></span>ly<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e1 y33ba w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e2 y33ba w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33bb w54f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Spa<span class=\"_ _0\"></span>in<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e3 y33bb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e4 y33bb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">202<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e5 y33bc w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e6 y33bc w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e7 y33bd w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e8 y33bd w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w551 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">Brazil<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e9 y3472 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ea y3472 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347e w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9eb y347e w553 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">6,227<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ec y347e wd6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347f ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></td><td class=\"c n x9ed y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ee y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ef y312a w554 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">8<span class=\"_ _c\"></span>1,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f0 y312a w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs5e5\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs5e6\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Al<span class=\"_ _0\"></span>l CD<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>s of \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m) are d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t of W<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs5e8\">(c<span class=\"_ _c\"></span>) Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s on sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"gs5e9\"><table class=\"s w555 h177\" id=\"_f47ac54a-549f-4b68-ac9a-426fcac75e2e\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3480 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x224 h11 y3481 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3483 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3484 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x2bb h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3486 ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x9f1 h11 y3487 ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3488 w556 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls1d ws32\">Sovereign<span class=\"_ _3\"></span>s, supra<span class=\"_ _3\"></span>s and<span class=\"_ _c\"></span> sub<span class=\"_ _0\"></span>-sovereigns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f2 y3488 w557 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f3 y3488 w11b h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f4 y3488 w558 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f5 y3488 w520 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3489 ff11c fs6 fc0 sc0 ls4 ws3\">Banks:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348a w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f6 y348a w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f7 y348a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f8 y348a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f9 y348a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348b w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348b w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fc y348b w55b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fd y348b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348c w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y348c w55d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6,7<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ff y348c w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa00 y348c w55e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa01 y348c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348d w55f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa02 y348d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa03 y348d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa04 y348d w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa05 y348d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y348e ff11c fs6 fc0 sc0 ls4 ws3\">Financial <span class=\"_ _3\"></span>ser<span class=\"_ _0\"></span>vices:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348f w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348f w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa06 y348f wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">209<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa07 y348f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3490 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y3490 w561 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _b\"></span>,14<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa08 y3490 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa09 y3490 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0a y3490 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3491 ff11c fs6 fc0 sc0 ls10 ws2f\">Insurance:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3492 w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0b y3492 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0c y3492 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0d y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0e y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3493 w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0f y3493 w334 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">238<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa10 y3493 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa11 y3493 w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">267<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa12 y3493 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3410 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa13 y3410 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">988<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa14 y3410 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa15 y3410 wa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">9<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa16 y3410 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3494 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s and go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3412 w562 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cyc<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa17 y3412 w563 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa18 y3412 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa19 y3412 w564 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1a y3412 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3413 w565 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cy<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1b y3413 w566 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _b\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1c y3413 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1d y3413 wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1e y3413 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3414 w567 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">\u2013 <span class=\"_ _3\"></span>Health<span class=\"_ _0\"></span>care<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1f y3414 w568 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa20 y3414 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa21 y3414 w569 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">2,<span class=\"_ _0\"></span>308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa22 y3414 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3495 ff11c fs6 fc0 sc0 lse ws28\">Infrastru<span class=\"_ _0\"></span>cture: </td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3416 w56a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa23 y3416 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">6,524<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa24 y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa25 y3416 w56b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa26 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3417 w56c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa27 y3417 w56d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa28 y3417 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa29 y3417 w56e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2a y3417 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w56f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d tele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2b y324a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">4,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2c y324a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2d y324a w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>405<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2e y324a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w570 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Industr<span class=\"_ _0\"></span>ials<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2f y324b we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa30 y324b w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa31 y324b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w571 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls7a wsa6\">Utili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa33 y31ea w572 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y31ea w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa34 y31ea wc3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa35 y31ea w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w573 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Energy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa36 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa37 y31eb w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa38 y31eb w574 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa39 y31eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b1 w575 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Commodities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3a y33b1 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">885<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3b y33b1 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61b y33b1 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3c y33b1 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w576 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Oi<span class=\"_ _0\"></span>l and gas<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3d y328d w300 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3e y328d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3f y328d w577 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w578 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1a ws1c\">Real estate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa40 y31c8 w579 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">4,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa41 y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa42 y31c8 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w57a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e AB<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>/R<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa43 y324c w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,031<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y324c w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa45 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,721<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa46 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w57b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e loan<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa47 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa48 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa49 y31cb w57c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,84<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4a y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w57d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4d y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4f y312a w57e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa50 y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">100<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa51 y312a w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">7<span class=\"_ _0\"></span>1,7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa52 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls115 ws8d gs5ea\">Analysis<span class=\"_ _3\"></span> of s<span class=\"_ _3\"></span>overei<span class=\"_ _3\"></span>gns, supra<span class=\"_ _3\"></span>s and<span class=\"_ _3\"></span> sub-so<span class=\"_ _3\"></span>vereigns<span class=\"_ _3ad\"> </span></div><div class=\"gs5eb\"><table class=\"s w581 h178\" id=\"_98ac4924-558d-4ad7-8900-dd8fb0daa377\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3496 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y3497 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3498 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3499 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x228 h11 y349a ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td></tr><tr><td class=\"t m1 x229 he y349b ff11a fs6 fc0 sc0 ls4 wsd\">Market v<span class=\"_ _3\"></span>alue by<span class=\"_ _3\"></span> region<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cf w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa53 y32cf w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8,79<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa54 y32cf w582 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa55 y31ea w583 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">1<span class=\"_ _3\"></span>,696<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa56 y31ea w584 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa57 y31eb w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa58 y31eb w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y31ec w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa59 y31ec w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5a y31ed w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y31ed w586 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w587 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5b y31ee w588 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">425<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5c y31ee w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5d y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y31cb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">248<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5e y31cb w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5f y31cc waa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsdf wsdb\">534<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa60 y31cc w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">615<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y312a w557 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa62 y312a w558 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table></div>(ii) Currency risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k from fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s in cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the<span class=\"_ _0\"></span>ir fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, nea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y all suc<span class=\"_ _0\"></span>h hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the sam<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y or are hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d bac<span class=\"_ _0\"></span>k to GBP<span class=\"_ _c\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m fluc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes of vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>te to the Grou<span class=\"_ _0\"></span>p\u2019s US busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>. The maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to eur<span class=\"_ _0\"></span>os are he<span class=\"_ _0\"></span>ld by Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, a subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up doe<span class=\"_ _0\"></span>s not he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y reven<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s as these ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d loc<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y to supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t the<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th of the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>et lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y and mar<span class=\"_ _0\"></span>ket re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses ai<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n suffi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts in loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy to mee<span class=\"_ _0\"></span>t loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, how<span class=\"_ _0\"></span>ever move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts may imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the valu<span class=\"_ _0\"></span>e of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y whi<span class=\"_ _0\"></span>ch is exp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d in ste<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s aspe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k is moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>ly, aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ese exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es are ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>ed by ali<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l by <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y with th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts by cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy. <span class=\"_ _3\"></span>Cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs and de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n set. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>ld ne<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of \u00a30.5b<span class=\"_ _0\"></span>n (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: net lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a34.4<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>of its tota<span class=\"_ _0\"></span>l equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, main<span class=\"_ _0\"></span>ly U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r and eu<span class=\"_ _0\"></span>ro, ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of the rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s inhe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in the<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es may be miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the use of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s, ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up\u2019s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of overse<span class=\"_ _0\"></span>as bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted as fun<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ies) are tran<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at averag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes and th<span class=\"_ _0\"></span>e net ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as func<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) at the clos<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rate for the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>10% inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (weaken<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) <span class=\"_ _3\"></span>or de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (<span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g of forei<span class=\"_ _0\"></span>gn cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rates wou<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e or redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e the pro<span class=\"_ _0\"></span>fit for th<span class=\"_ _0\"></span>e year and ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span><table class=\"s w589 h179\" id=\"_cfcd3fb6-4cd7-4048-ae99-0b37519a3cad\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a6 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa66 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa67 y31cc w10f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa68 y31cc w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to US<span class=\"_ _0\"></span>D exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x24c y32b7 w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa69 y32b7 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6a y32b7 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6b y32b7 w58b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span><table class=\"s w58c h179\" id=\"_4df31bef-7a5f-42a3-be0e-05c91218db37\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a9 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6d y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6e y31cc w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6f y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to EU<span class=\"_ _0\"></span>R exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y32b7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa70 y32b7 w58d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa71 y32b7 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa72 y32b7 w58e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>111<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y to ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y is n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>oth f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l </span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs60a\">1<span class=\"_ _3\"></span>6 Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>isk </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs60b\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s from it<span class=\"_ _0\"></span>s offe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng of insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s\u2019 </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs60c\">an<span class=\"_ _0\"></span>d segr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts\u2019 mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks to be taken<span class=\"_ _0\"></span>, as well as the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs60d\">Ove<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht of cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t has bee<span class=\"_ _0\"></span>n del<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by the Boar<span class=\"_ _0\"></span>d to the Grou<span class=\"_ _0\"></span>p Ris<span class=\"_ _0\"></span>k Fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l Ris<span class=\"_ _0\"></span>k Com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>GR<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RC), the re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs60e\">in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es pro<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s appe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>te for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k in aggr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, and by issu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>, and ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d moni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs60f\">to app<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he GR<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>C also co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k impl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it in new ass<span class=\"_ _0\"></span>et cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>es and co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and adv<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s on app<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iate co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs610\">ris<span class=\"_ _0\"></span>k tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols it<span class=\"_ _0\"></span>s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th of the cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs611\">wi<span class=\"_ _0\"></span>th whi<span class=\"_ _0\"></span>ch it wil<span class=\"_ _0\"></span>l deal an<span class=\"_ _0\"></span>d set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es for the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e moni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d and revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d by ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt on<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs612\">a cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>by<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>is.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs613\">Th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk is sho<span class=\"_ _0\"></span>wn be<span class=\"_ _0\"></span>low. This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es bo<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly ra<span class=\"_ _0\"></span>ted po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs614\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s have not bee<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d as shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs ar<span class=\"_ _0\"></span>e not dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>. Add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, asset<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs615\">defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts and ta<span class=\"_ _0\"></span>x have no expos<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re have also be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs616\">For ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng ban<span class=\"_ _0\"></span>ds are pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g age<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are assi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ed a rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs617\">thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o revi<span class=\"_ _0\"></span>ew pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss or thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re an int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng even wh<span class=\"_ _0\"></span>en an ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs618\">ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g is alrea<span class=\"_ _0\"></span>dy avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, if thes<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s or are com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons or di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. In th<span class=\"_ _0\"></span>ese ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs619\">ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs are ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by eith<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e LGIM Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng team or th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fir<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs61a\">Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the max<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk bef<span class=\"_ _0\"></span>ore ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs61b\">ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of colla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral he<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, by <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ue of tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves and sto<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k len<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls60 wsa8 gs61c\">acti<span class=\"_ _0\"></span>vitie<span class=\"_ _0\"></span>s. </div><div class=\"t m1 h30 ff120 fs0 fc0 sc0 ls5d ws6b gs61d\">Shareholder<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff123 fs2 fc0 sc0 ls4 ws3 gs61e\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _2be\"> </span><span class=\"ff11c ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></span></div><div class=\"gs61f\"><table class=\"s w2db h17a\" id=\"_c716e7b8-4b3e-49e1-be3f-2a7f4a1101b1\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x7f1 h1b y34aa ff11a fs2 fc0 sc0 ls115 ws8d\">BB and<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xa73 h1b y34ab ff11a fs2 fc0 sc0 ls185 ws1a6\">AAA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y34ab ff11a fs2 fc0 sc0 ls185 ws1a6\">AA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h1b y34ab ff11a fs2 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa75 h1b y34ab ff11a fs2 fc0 sc0 ls113 ws122\">BBB<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h1b y34ac ff11a fs2 fc0 sc0 lsd8 ws13e\">bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y34ac ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y34ac ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa76 h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y34af w58f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Gov<span class=\"_ _3\"></span>ernment<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa77 y34af w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">242<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa78 y34af w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">8<span class=\"_ _6\"></span>,14<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa79 y34af w11d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7a y34af w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7b y34af w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7c y34af w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7d y34af w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>,736<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b0 w590 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fixe<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa7e y34b0 w591 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">2,083<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7f y34b0 w592 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">7<span class=\"_ _c\"></span>,080<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa80 y34b0 w593 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24,20<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa81 y34b0 w594 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa82 y34b0 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">299<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa83 y34b0 w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">141<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa84 y34b0 w596 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55,<span class=\"_ _0\"></span>455<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b1 w597 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ra<span class=\"_ _0\"></span>te se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa85 y34b1 w20b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">471<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa86 y34b1 w598 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>,73<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa87 y34b1 w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">4,039<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa88 y34b1 wed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x910 y34b1 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa89 y34b1 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8a y34b1 w599 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b2 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa8b y34b2 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y34b2 w59a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,835<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8c y34b2 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8d y34b2 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">402<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8e y34b2 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y34b2 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8f y34b2 w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b3 w59d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">Accrued<span class=\"_ _3\"></span> inter<span class=\"_ _3\"></span>est<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa90 y34b3 w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa91 y34b3 w59e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">113<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa92 y34b3 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">240<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa93 y34b3 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">283<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa94 y34b3 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa95 y34b3 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa96 y34b3 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">666<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b4 w59f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa97 y34b4 w5a0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16 ws25\">2,820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa98 y34b4 w5a1 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa99 y34b4 w5a2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">29,<span class=\"_ _6\"></span>24<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9a y34b4 w5a3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls78 ws7f\">25<span class=\"_ _0\"></span>,757<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9b y34b4 w47f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9c y34b4 w3ae h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9d y34b4 w5a4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w5a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">Loans<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa9e y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9f y322d w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa0 y322d w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa1 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa2 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa3 y322d w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">536<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa4 y322d w5a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _6\"></span>612<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa5 y3282 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa6 y3282 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa7 y3282 w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa8 y3282 w5a8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaaa y3282 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaab y3282 w5a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaac y3282 w5aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaad y31f6 w5ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaae y31f6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">985<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaaf y31f6 w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">805<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab0 y31f6 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab1 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y31f6 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab3 y31f6 w5ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc0 wsc\">444<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab4 y31f6 w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,2<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xab5 y31f7 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab6 y31f7 w5af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab7 y31f7 w5b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>551<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">256<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab8 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab9 y31f7 w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">336<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaba y31f7 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xabb y31f8 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabc y31f8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabd y31f8 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabe y31f8 w5b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y31f8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabf y31f8 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac0 y31f8 w107 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xac1 y312a w5a0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16 ws25\">3,820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac2 y312a w5b2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls19 ws1a\">28<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac3 y312a w5b3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">7<span class=\"_ _0\"></span>2<span class=\"_ _b\"></span>,14<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac4 y312a w5b4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls24 ws2a\">26,<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x668 y312a w5b5 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls14 ws2d\">440<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac5 y312a w40e h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac6 y312a w5b6 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">13<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,17<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs620\">As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 (R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _152\"> </span><span class=\"ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></span></div><div class=\"gs621\"><table class=\"s w2e5 h17b\" id=\"_44b8dfe1-a831-4af1-b93b-e4d7923a9787\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x7f1 h11 y34b5 ff11c fs2 fc0 sc0 ls4 ws3\">BB a<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xa73 h11 y34b6 ff11f fs2 fc0 sc0 ls186 ws1a7\">AAA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xac7 h11 y34b6 ff11f fs2 fc0 sc0 ls186 ws1a7\">AA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h11 y34b6 ff11f fs2 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xac8 h11 y34b6 ff11c fs2 fc0 sc0 ls172 ws18f\">BBB<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y34b7 ff11c fs2 fc0 sc0 ls170 ws161\">below<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y34b7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y34b7 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa76 h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y34ba w58f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Gov<span class=\"_ _3\"></span>ernment<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xac9 y34ba wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaca y34ba w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>,72<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacb y34ba w346 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">207<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacc y34ba w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacd y34ba w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xace y34ba w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacf y34ba w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">5,<span class=\"_ _0\"></span>505<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bb w590 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fixe<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xad0 y34bb w5b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad1 y34bb w5b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">6<span class=\"_ _0\"></span>,072<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad2 y34bb w189 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad3 y34bb w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">2<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad4 y34bb w5b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad5 y34bb wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad6 y34bb w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">50<span class=\"_ _0\"></span>,78<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bc w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xad7 y34bc w5ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">3,<span class=\"_ _0\"></span>246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad8 y34bc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">824<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x485 y34bc w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">428<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad9 y34bc wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">336<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xada y34bc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadb y34bc wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadc y34bc w5bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,844<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bd w597 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ra<span class=\"_ _0\"></span>te se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xadd y34bd wbd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">491<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xade y34bd w5bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadf y34bd w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,6<span class=\"_ _0\"></span>48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae0 y34bd w5bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae1 y34bd w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae2 y34bd w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae3 y34bd w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34be w59d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">Accrued<span class=\"_ _3\"></span> inter<span class=\"_ _3\"></span>est<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xae4 y34be wdb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">33<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae5 y34be w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae6 y34be wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">220<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae7 y34be w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">306<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae8 y34be w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae9 y34be w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y34be w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">652<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b4 w5c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xaeb y34b4 w5c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x922 y34b4 wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaec y34b4 w5c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">24,<span class=\"_ _0\"></span>358<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaed y34b4 w5c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">25<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e7 y34b4 w5c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">9<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaee y34b4 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaef y34b4 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w5a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">Loans<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa9e y31ed w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf0 y31ed w5c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">303<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf1 y31ed w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">318<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf2 y31ed w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa94 y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf3 y31ed wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf4 y31ed w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf5 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf6 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ee w5c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf7 y31ee w5c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">38,<span class=\"_ _0\"></span>829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf8 y31ee w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,93<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf9 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafa y31ee w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafb y31ee w436 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>78<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafc y324c w5ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafd y324c w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">412<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafe y324c w5c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y324c wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaff y324c w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">77<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb00 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb01 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">548<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb02 y324c w4d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">4,834<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xab5 y31cb w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb03 y31cb w5cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb04 y31cb w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">648<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb05 y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb06 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c9 y31cb w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">235<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb07 y31cb wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xb08 y31cc w5cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad8 y31cc w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">355<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb09 y31cc w5cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">666<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0a y31cc w5ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0b y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0c y31cc w174 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">6<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0d y31cc w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xb0e y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0f y312a w5cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">1<span class=\"_ _3\"></span>9,809<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb10 y312a w5d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66,4<span class=\"_ _0\"></span>02<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb11 y312a w5d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb12 y312a w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">9<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb13 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb14 y312a w5d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">131<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table></div>Impairment Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I and<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>any lo<span class=\"_ _0\"></span>ss allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t by stag<span class=\"_ _0\"></span>e. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p did not have any pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: no pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed or or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s). <span class=\"_ _c\"></span>O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t are pre<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y unr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h an imma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>ce (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial los<span class=\"_ _0\"></span>s allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce).<span class=\"_ _3ad\"> </span>F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5d3 h17c\" id=\"_31c8e0da-4593-4d3c-b19d-cb1dd1c178ba\"><tr><td></td><td class=\"t m1 x333 h1b y34bf ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34c0 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c1 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34c2 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34c3 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34c5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34c6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34c8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34c9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ca ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34cb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34cc ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34cd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34cf ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34d0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31eb w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb17 y31eb w5d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb18 y31eb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31eb w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb19 y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1a y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1b y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1c y31ec w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1d y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1e y31ec we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb20 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb21 y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb22 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb23 y328d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb24 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb25 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y328d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb28 y31c8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb29 y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2a y31c8 w114 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2b y31c8 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2d y31c8 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2e y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2f y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb30 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb31 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb32 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb33 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb34 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb35 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb36 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb37 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb38 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb39 y31cc w5df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3b y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3d y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3e y312a w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb40 y312a w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb41 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb42 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb43 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr></table>Amortised cost<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5e1 h17d\" id=\"_af6efbbf-4e32-49a7-abaa-4e3e7d91fdee\"><tr><td></td><td class=\"t m1 x333 h1b y34d1 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34d2 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d3 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal </td><td class=\"t m1 xb16 h11 y34d4 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34d5 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL </td><td class=\"t m1 x1e1 h11 y34d6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34d7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34d8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34da ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34db ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34dc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34dd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34e0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34e1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34e2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ea w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb44 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb45 y31ea w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb46 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb47 y31ea w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb48 y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y31eb w5e2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb49 y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4a y31eb wad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4b y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4c y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4d y31ec w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4e y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4f y31ec w5e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb50 y31ec w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb52 y31ec wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb53 y328d w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>647<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb54 y328d w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb55 y328d w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb56 y328d wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb57 y328d w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb58 y328d w5e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb59 y31c8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5a y31c8 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5b y31c8 w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5c y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5d y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5e y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5f y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb60 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb61 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb62 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb63 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb64 y31cb w5e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb65 y31cb w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb66 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>076<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb67 y31cb w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb68 y31cb w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb69 y31cb w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6a y31cc w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6b y31cc w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6c y31cc w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6d y31cc we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6e y31cc w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6f y31cc w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal net amount<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb70 y312a w289 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb71 y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb72 y312a w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,045<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb73 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb74 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y312a w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for the above se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e annu<span class=\"_ _0\"></span>al pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5e7 h15a\" id=\"_b20114f0-5b8b-460c-b910-bde7d518b78c\"><tr><td></td><td class=\"t m1 x333 h1b y34e3 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34e4 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34e5 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34e6 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34e7 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34e8 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34eb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb75 y328d w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb76 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb77 y328d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb78 y328d we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7a y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31c8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb81 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb82 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb83 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb84 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb85 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb86 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb87 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb89 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8b y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8d y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8e y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb90 y312a w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb91 y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb92 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb93 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb94 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr></table>Amortised cost<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5ec h17e\" id=\"_4844dd69-1ebc-41b0-b6f7-2ea9362ba570\"><tr><td></td><td class=\"t m1 x333 h1b y34f5 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34f6 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34f7 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34f8 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34f9 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34fa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34fb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34fc ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34fd ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34fe ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ff ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3500 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3501 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3502 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3503 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3504 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3505 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3506 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb95 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb96 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb97 y31ed w5ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb98 y31ed w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb99 y31ed w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31ed wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31ee w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31ee w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9b y324c w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9c y324c w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9d y324c w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9f y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba0 y31cb w5ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba1 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba5 y31cc w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba6 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba7 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba9 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaa y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbab y312a wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbac y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbad y312a w5ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbae y312a w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaf y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbb0 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td></tr></table>Of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t and has th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basis<span class=\"_ _0\"></span>, or to realis<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y simu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has not e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into any fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>mas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r net<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> lin<span class=\"_ _0\"></span>ked ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs are no<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h17f\" id=\"_8ee7005a-fde4-4516-ba1a-7d3247f9d0a1\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b1 h1b y3507 ff11a fs2 fc0 sc0 ls35 ws42\">Amounts subject to<span class=\"_ _c\"></span> e<span class=\"_ _0\"></span>nforceable<span class=\"_ _3\"></span> netting arrangements<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h1b y3508 ff11a fs2 fc0 sc0 ls35 ws42\" colspan=\"2\">Amounts under master<span class=\"_ _3\"></span> netting arrangements</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h1b y3509 ff11a fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t no<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h1b y350a ff11a fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h1b y350b ff11a fs2 fc0 sc0 ls172 ws18f\">net am<span class=\"_ _3\"></span>ounts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h1b y350c ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h1b y350d ff11a fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y350e ff11a fs2 fc0 sc0 ls37 ws44\">Relate<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h1b y350f ff11a fs2 fc0 sc0 ls3a ws46\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h1b y3510 ff11a fs2 fc0 sc0 ls114 wsa1\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h1b y3511 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h1b y3512 ff11a fs2 fc0 sc0 ls132 ws12c\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 h1b y3512 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h1b y3512 ff11a fs2 fc0 sc0 ls172 ws18f\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h1b y3513 ff11a fs2 fc0 sc0 ls114 wsa1\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb7 h1b y3514 ff11a fs2 fc0 sc0 ls35 ws42\">instruments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb8 h1b y3515 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h1b y3516 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3518 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbba y322d w5f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">38<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbb y322d w5f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbc y322d w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbd y322d w3b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(57<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbe y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbf y3282 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc0 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc1 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc2 y3282 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc3 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc4 y324c w5f3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>61<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc5 y324c w5f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc6 y324c w5f4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls129 ws13a\">(7<span class=\"_ _0\"></span>90)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc7 y324c w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc8 y324c w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc9 y31f7 w5f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbca y31f7 w436 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcb y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcc y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcd y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbce y31f8 w5f7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcf y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd0 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd1 y31f8 w5f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>,456<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd3 y312a w5f5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(42<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd4 y312a w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd5 y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd6 y312a w5f9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">4,<span class=\"_ _0\"></span>398<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd7 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h180\" id=\"_67fbfb5e-d052-4970-8136-dd1df4c34820\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b9 h11 y3519 ff11c fs2 fc0 sc0 ls4 ws3\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to e<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h11 y351a ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h11 y351b ff11c fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t n<span class=\"_ _0\"></span>ot of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h11 y351c ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h11 y351d ff11c fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h11 y351e ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h11 y351f ff11c fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbd8 h11 y3520 ff11f fs2 fc0 sc0 ls14b ws167\">Rela<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h11 y3521 ff11f fs2 fc0 sc0 ls113 ws122\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h11 y3522 ff11c fs2 fc0 sc0 ls10b ws59\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h11 y3523 ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h11 y3524 ff11f fs2 fc0 sc0 ls63 ws6f\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c4 h11 y3524 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h11 y3524 ff11c fs2 fc0 sc0 ls170 ws161\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h11 y3525 ff11f fs2 fc0 sc0 ls34 ws41\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"c xbda y3527 w5fa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls39 ws1c\">instrume<span class=\"_ _0\"></span>nts</div><div class=\"t m1 xbd9 hc2 y3526 ff11c fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5e3 h11 y3528 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h11 y3529 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y352b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdb y31ed w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdc y31ed w5fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdd y31ed w16e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbde y31ed w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdf y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe0 y31ee w5fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>07<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe1 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe2 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe3 y31ee w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe5 y31ef w5fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe6 y31ef w5ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe7 y31ef w17c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe8 y31ef w600 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1,12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe9 y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbea y31cb w601 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbeb y31cb w602 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbec y31cb w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbed y31cb w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">2,894<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbee y31cc w604 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbef y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf1 y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">837<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf2 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf3 y312a w605 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf4 y312a w606 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf5 y312a w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf6 y312a w607 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">3,<span class=\"_ _0\"></span>731<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf7 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as t<span class=\"_ _0\"></span>he I<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>DA M<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r Ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d be of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d </span>ne<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Ca<span class=\"_ _0\"></span>sh a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld m<span class=\"_ _0\"></span>ay exc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>et l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In the ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es above<span class=\"_ _0\"></span>, the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t fir<span class=\"_ _0\"></span>st by fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> have the rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r maste<span class=\"_ _0\"></span>r ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng or simi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h any rema<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l.<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs64c\">1<span class=\"_ _c\"></span>7 I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs64d\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk as a cons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of offe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts ou<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in Note 6. Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e risk is the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure to los<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs64e\">ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bei<span class=\"_ _0\"></span>ng dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt to that an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. De<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low are th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>ks asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eac<span class=\"_ _0\"></span>h of the Gro<span class=\"_ _0\"></span>up\u2019s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs64f\">se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ls ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>ey are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to all state<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls132 ws12c gs650\">Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _2d8\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _bd\"> </span>Cont<span class=\"_ _0\"></span>rols to mitigate<span class=\"_ _3\"></span> risks<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls4 wsd gs651\">Longevity,<span class=\"_ _3\"></span> mortalit<span class=\"_ _0\"></span>y &amp; m<span class=\"_ _3\"></span>orbidity risks </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs652\">Fo<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs653\">mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes wo<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d lea<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>an in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs654\">cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st of he<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>th re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs655\">de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ds on bo<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs656\">be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ill and th<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs657\">re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in ill<span class=\"_ _0\"></span>. Hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>an exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs658\">du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wou<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts ove<span class=\"_ _0\"></span>r the leve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs659\">cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d in the ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lse ws28 gs65a\">Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g of prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss is bas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as to futu<span class=\"_ _0\"></span>re tr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds in mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs65b\">an<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reg<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d to past ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e. U<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia are de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs65c\">ou<span class=\"_ _0\"></span>t the ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>s that ar<span class=\"_ _0\"></span>e una<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ris<span class=\"_ _0\"></span>ks pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs65d\">li<span class=\"_ _0\"></span>ves to be ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive us<span class=\"_ _0\"></span>e of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is mad<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the U<span class=\"_ _0\"></span>K ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs65e\">bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, pla<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of all ris<span class=\"_ _0\"></span>ks me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a. Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs65f\">mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed to tha<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g basi<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h vari<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs660\">su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs661\">Fo<span class=\"_ _0\"></span>r ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs662\">th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k that mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is lowe<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs663\">ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d. Low<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y woul<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs664\">re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to be made fo<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs665\">in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se the c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs666\">mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s als<span class=\"_ _0\"></span>o expl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y has som<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs667\">exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to the lif<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy of bor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs668\">LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _93\"> </span>A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ed hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reg<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rd to tre<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in imp<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs669\">En<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to life ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs66a\">ar<span class=\"_ _0\"></span>e sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c und<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a. C<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs66b\">en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p reg<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y revi<span class=\"_ _0\"></span>ews i<span class=\"_ _0\"></span>ts mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs66c\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and in<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts the p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs66d\">ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. In pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t is take<span class=\"_ _0\"></span>n of tren<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs66e\">in mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes in se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t are adv<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to bor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs66f\">val<span class=\"_ _0\"></span>ue of the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the lo<span class=\"_ _0\"></span>an is se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls16 ws16 gs670\">Persistency risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs671\">In th<span class=\"_ _0\"></span>e ear<span class=\"_ _0\"></span>ly yea<span class=\"_ _0\"></span>rs of a pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y, laps<span class=\"_ _0\"></span>es may re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs672\">in a loss to th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>, as the ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs673\">ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>t have </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs674\">be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pro<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lse ws28 gs675\">Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns fo<span class=\"_ _0\"></span>r pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs676\">lap<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s. Ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual tr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds in po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy la<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>e rate<span class=\"_ _0\"></span>s are mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d aga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>st th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs677\">var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls16 ws16 gs678\">Expe<span class=\"_ _0\"></span>nse risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs679\">In pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs67a\">ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e mad<span class=\"_ _0\"></span>e as to the fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs67b\">of pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. A sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs67c\">di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs67d\">co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d red<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs67e\">LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _93\"> </span>In de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t is take<span class=\"_ _0\"></span>n of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e and wag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs67f\">wi<span class=\"_ _0\"></span>th st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss tes<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng us<span class=\"_ _0\"></span>ed to eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs680\">se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cos<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e mon<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g basi<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls4 ws3 gs681\">with <span class=\"_ _3\"></span>variances <span class=\"_ _3\"></span>investigated. </div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls2b ws8d gs682\">Concentration<span class=\"_ _3\"></span> (<span class=\"_ _3\"></span>catastrophe<span class=\"_ _3\"></span>) risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls13 ws17 gs683\">Insurance <span class=\"_ _3\"></span>risk <span class=\"_ _c\"></span>may <span class=\"_ _3\"></span>be concentrat<span class=\"_ _3\"></span>ed in<span class=\"_ _c\"></span> geographic </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs684\">re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs685\">mo<span class=\"_ _0\"></span>st si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of this t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s for<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs686\">gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re a sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs687\">co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in a larg<span class=\"_ _0\"></span>e num<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er of re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lse ws28 gs688\">Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e an \u2018even<span class=\"_ _0\"></span>t lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 cap<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e tota<span class=\"_ _0\"></span>l lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs689\">th<span class=\"_ _0\"></span>e pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of loss re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s los<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs68a\">exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e by loc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n is mon<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>re is a geo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs68b\">sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad of ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. Cat<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cov<span class=\"_ _0\"></span>er al<span class=\"_ _0\"></span>so mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs68c\">of ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls1a ws1c gs68d\">Epidemic (<span class=\"_ _3\"></span>catas<span class=\"_ _0\"></span>trophe) risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs68e\">Th<span class=\"_ _0\"></span>e sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of an epi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d cau<span class=\"_ _0\"></span>se lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs68f\">ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ms ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs690\">of pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11f fs6 fc0 sc0 lse ws28 gs691\">Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g basi<span class=\"_ _0\"></span>s for pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s as a </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs692\">res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of epi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ic ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. Qu<span class=\"_ _0\"></span>ota s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>e and exc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of los<span class=\"_ _0\"></span>s rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d by </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs693\">in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y, to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. Dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs694\">na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of an epi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>, mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may le<span class=\"_ _0\"></span>ad to a red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in th<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t of cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs695\">for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g for new b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s can als<span class=\"_ _0\"></span>o be up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls4 ws3 gs696\">expected claim<span class=\"_ _3\"></span>s. </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs150\">Acc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of risks<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs151\">Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is limi<span class=\"_ _0\"></span>ted po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l for sing<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve rise to a <span class=\"_ _3\"></span>la<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of claim<span class=\"_ _0\"></span>s acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>es wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n by the Gro<span class=\"_ _0\"></span>up.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs28b\">Howe<span class=\"_ _0\"></span>ver, ther<span class=\"_ _0\"></span>e are pote<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk wi<span class=\"_ _0\"></span>th oth<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l mode<span class=\"_ _0\"></span>l see<span class=\"_ _0\"></span>ks to meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs25d\">ris<span class=\"_ _0\"></span>k cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly tho<span class=\"_ _0\"></span>se tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d tend to be more ac<span class=\"_ _0\"></span>ute as the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing ri<span class=\"_ _0\"></span>sk sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>os be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e more ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me. A<span class=\"_ _0\"></span>n examp<span class=\"_ _0\"></span>le of the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs27b\">ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk is the co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k with mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs2df\">Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs155\">Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ris<span class=\"_ _0\"></span>k is defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d as loss ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m inad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ate or fail<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, peo<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e, sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ms or ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l even<span class=\"_ _0\"></span>ts. Po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l for expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs156\">to suc<span class=\"_ _0\"></span>h risk ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>all of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d a fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk of inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>ise ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs157\">op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k even<span class=\"_ _0\"></span>ts rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng tha<span class=\"_ _0\"></span>t no syste<span class=\"_ _0\"></span>m of inter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l can co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ly el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te the ris<span class=\"_ _0\"></span>k of <span class=\"_ _3\"></span>er<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s, fr<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>dul<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls5f wsa0 gs158\">reput<span class=\"_ _0\"></span>ational damage.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-693": {
   "value": "Market<span class=\"_ _3\"></span> risk<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s as a <span class=\"_ _3\"></span>dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t or in<span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of fluc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the value of, or inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e from<span class=\"_ _0\"></span>, sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Market risk<span class=\"_ _3ad\"> </span>Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _119\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _155\"> </span>Controls to mitigate risks<span class=\"_ _3ad\"> </span></span>Investment<span class=\"_ _3\"></span> performance risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p is expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the ri<span class=\"_ _0\"></span>sk tha<span class=\"_ _0\"></span>t the in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e of, asse<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ba<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts do no<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>m in li<span class=\"_ _0\"></span>ne wi<span class=\"_ _0\"></span>th inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s lea<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng to a pote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l financial <span class=\"_ _3\"></span>loss.<span class=\"_ _3ad\"> </span>LGC<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span>an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span>Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to asse<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge of fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn sc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>os on<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s and as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r to <span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>os of inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts. Fo<span class=\"_ _0\"></span>r ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ive to int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te an<span class=\"_ _0\"></span>d infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is of the li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es is un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n to cre<span class=\"_ _0\"></span>ate a po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io of<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of whic<span class=\"_ _0\"></span>h ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the val<span class=\"_ _0\"></span>ue of lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r uni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk of vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fee inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me du<span class=\"_ _0\"></span>e to the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te an<span class=\"_ _0\"></span>d mar<span class=\"_ _0\"></span>ket p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ce mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s on the fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> he<span class=\"_ _0\"></span>ld in th<span class=\"_ _0\"></span>e lin<span class=\"_ _0\"></span>ked fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, on whi<span class=\"_ _0\"></span>ch inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fee<span class=\"_ _0\"></span>s are ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re is als<span class=\"_ _0\"></span>o the ri<span class=\"_ _0\"></span>sk of exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se ove<span class=\"_ _0\"></span>r-<span class=\"_ _6\"></span>ru<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l of char<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h cou<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span> be im<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGI<span class=\"_ _0\"></span>M and Re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ail<span class=\"_ _107\"> </span>Th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k is man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h mai<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng a dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of fun<span class=\"_ _0\"></span>ds in wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s may inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of linke<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the<span class=\"_ _0\"></span>ir inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>es is su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>c ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is als<span class=\"_ _0\"></span>o mad<span class=\"_ _0\"></span>e of the lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m pro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up of the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Fo<span class=\"_ _0\"></span>r som<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r the leve<span class=\"_ _0\"></span>l of ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es le<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Proper<span class=\"_ _0\"></span>ty risk Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e a no<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s a pote<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p as a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of low ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d an exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h may ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lowe<span class=\"_ _0\"></span>r hou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for wha<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ver re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _15f\"> </span>T<span class=\"_ _3\"></span>o miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, max<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um lo<span class=\"_ _0\"></span>an to val<span class=\"_ _0\"></span>ue ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>os are se<span class=\"_ _0\"></span>t for al<span class=\"_ _0\"></span>l len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g cr<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng ou<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s for le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y ter<span class=\"_ _0\"></span>ms als<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e full<span class=\"_ _0\"></span>y ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t of ins<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>. The di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng by pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>e and ge<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c reg<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n se<span class=\"_ _0\"></span>ek<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c asp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGC bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d hom<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t in lar<span class=\"_ _0\"></span>ge co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and alo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g wit<span class=\"_ _0\"></span>h LGR<span class=\"_ _0\"></span>I mana<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e seve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ms ar<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to resi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ach<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span>, as wel<span class=\"_ _0\"></span>l as the<span class=\"_ _0\"></span> vol<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e of tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, bo<span class=\"_ _0\"></span>th of whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h may be aff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by th<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of the ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>. Rev<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ue s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s may als<span class=\"_ _0\"></span>o be im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed by sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s in the co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t of raw mat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ls or dis<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ly ch<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of real es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er in<span class=\"_ _0\"></span> dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t or deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, als<span class=\"_ _0\"></span>o de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on an as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the wi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGC an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _99\"> </span>D<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on by ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>hic re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n and pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y ty<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e avoid<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es to spe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c ar<span class=\"_ _0\"></span>eas of the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Si<span class=\"_ _0\"></span>tes ar<span class=\"_ _0\"></span>e deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ed in a nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of phas<span class=\"_ _0\"></span>es to spr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>d the ri<span class=\"_ _0\"></span>sk to loc<span class=\"_ _0\"></span>al ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s over seve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al yea<span class=\"_ _0\"></span>rs an<span class=\"_ _0\"></span>d wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e we see<span class=\"_ _0\"></span>k to co<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ts to man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of new lan<span class=\"_ _0\"></span>d for de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oval fr<span class=\"_ _0\"></span>om LG<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>\u2019s Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tee an<span class=\"_ _0\"></span>d the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ee (th<span class=\"_ _0\"></span>e Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m 1 <span class=\"_ _3\"></span>Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>4). Whe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, key met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e ado<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> to fur<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as fixe<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, for<span class=\"_ _6\"></span>war<span class=\"_ _0\"></span>d sal<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ca<span class=\"_ _0\"></span>n also be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t fr<span class=\"_ _0\"></span>om fle<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fun<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e in th<span class=\"_ _0\"></span>e LGR<span class=\"_ _0\"></span>I ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io is re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d is und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m lea<span class=\"_ _0\"></span>ses wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls132 ws12c gs420\">Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _119\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _155\"> </span>Controls to mitigate risks<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls16 ws16 gs421\">Curren<span class=\"_ _0\"></span>cy risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls8f ws92 gs422\">T<span class=\"_ _c\"></span>o di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>y cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs423\">bo<span class=\"_ _0\"></span>nd po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o, inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are he<span class=\"_ _0\"></span>ld in co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs424\">de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. LGC al<span class=\"_ _0\"></span>so inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t in </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsc5 wsd4 gs425\">ove<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>as ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in th<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of, or in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs426\">th<span class=\"_ _0\"></span>ese as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in ste<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs427\">co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in unfo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e los<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs428\">LGC<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs429\">an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs42a\">T<span class=\"_ _c\"></span>o mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the r<span class=\"_ _0\"></span>isk of lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y fluc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs42b\">for<span class=\"_ _6\"></span>war<span class=\"_ _0\"></span>ds ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to hed<span class=\"_ _0\"></span>ge ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s to cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s den<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs42c\">cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s oth<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>an st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th s<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>y </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs42d\">ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs42e\">rev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w and re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es do no<span class=\"_ _0\"></span>t eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs42f\">all c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k an<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns so<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11e fs6 fc0 sc0 ls16 ws25 gs430\">Inflation risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs431\">Th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s and fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs432\">in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s are tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d int<span class=\"_ _0\"></span>o ste<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs433\">th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in the s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs434\">ca<span class=\"_ _0\"></span>n imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bu<span class=\"_ _0\"></span>t may be mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls4 ws3 gs435\">associated<span class=\"_ _3\"></span> hedging <span class=\"_ _3\"></span>transactions.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 ls16 ws25 gs436\">Group<span class=\"_ _88\"> </span><span class=\"ff11c lsd ws15\">T<span class=\"_ _c\"></span>o mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k of loss fr<span class=\"_ _0\"></span>om cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs437\">mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs it<span class=\"_ _0\"></span>s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e and exe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns wh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsc5 wsd4 gs438\">ne<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y. <span class=\"_ _3\"></span>He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h str<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs439\">wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r revi<span class=\"_ _0\"></span>ew an<span class=\"_ _0\"></span>d rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs43a\">wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11e fs6 fc0 sc0 ls16 ws25 gs43b\">Inflation risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs43c\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>k is the po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial of rea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng a los<span class=\"_ _0\"></span>s bec<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs43d\">re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>e or abso<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>te c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>. An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs43e\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts may pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e for fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to be pai<span class=\"_ _0\"></span>d tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs43f\">ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of cha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the leve<span class=\"_ _0\"></span>l of infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n. A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs440\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in pay<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t may inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e an ann<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs441\">for mo<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11f fs6 fc0 sc0 ls117 ws126 gs442\">LGR<span class=\"_ _0\"></span>I<span class=\"_ _fe\"> </span><span class=\"ff11c lsd ws15\">T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ta<span class=\"_ _0\"></span>kes exp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs443\">th<span class=\"_ _0\"></span>e eff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s on con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs444\">exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s that may ad<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs445\">swa<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>. An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts al<span class=\"_ _0\"></span>so t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e for a cap on the an<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ual in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs446\">in in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>es do no<span class=\"_ _0\"></span>t eli<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te all in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs447\">ri<span class=\"_ _0\"></span>sk an<span class=\"_ _0\"></span>d the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns so<span class=\"_ _0\"></span>me re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls4 wsd gs448\">Interest rate r<span class=\"_ _3\"></span>isk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs449\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te ris<span class=\"_ _0\"></span>k is the ri<span class=\"_ _0\"></span>sk th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs44a\">low<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s or los<span class=\"_ _0\"></span>s as a dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t or ind<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs44b\">flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of, or inco<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m, s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs44c\">ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m cha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs44d\">in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs44e\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, LGR<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs44f\">an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs450\">T<span class=\"_ _c\"></span>o mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the r<span class=\"_ _0\"></span>isk th<span class=\"_ _0\"></span>at gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e not me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs451\">in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h bro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ly ma<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h the nat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e and te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s of the<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs452\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs453\">is gove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by the na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e or sav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, the ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs454\">ra<span class=\"_ _0\"></span>te of ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le on ea<span class=\"_ _0\"></span>ch cl<span class=\"_ _0\"></span>ass of ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t and th<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al avai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to mee<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs455\">th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce flu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of eac<span class=\"_ _0\"></span>h ass<span class=\"_ _0\"></span>et cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>y sup<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t.<span class=\"_ _3ad\"> </span></div>1<span class=\"_ _3\"></span>5 Ma<span class=\"_ _0\"></span>rket r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span>(i) I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y ris<span class=\"_ _0\"></span>k expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re limi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts are bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic da<span class=\"_ _0\"></span>ta and key qua<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. The lat<span class=\"_ _6\"></span>ter take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and pol<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The ta<span class=\"_ _0\"></span>ble be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed fr<span class=\"_ _0\"></span>om the ta<span class=\"_ _0\"></span>ble as the ri<span class=\"_ _0\"></span>sk is re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by the poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Exposure to w<span class=\"_ _3\"></span>orldwide equity mark<span class=\"_ _3\"></span>ets<span class=\"_ _3ad\"> </span><table class=\"s w537 h175\" id=\"_5eeef005-a750-4bcd-924a-492fd20a8864\"><tr><td></td><td class=\"t m1 x1e0 h1b y346e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y346e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y346f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y346f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3470 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c7 y3470 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c8 y3470 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 w539 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">North America<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c9 y3220 wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">231<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ca y3220 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">176<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3270 w53a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Europe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x21e y3270 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76e y3270 w53b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3271 w53c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Japan<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cb y3271 w53d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cc y3271 w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3222 w53e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>ia Pac<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cd y3222 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ce y3222 w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3471 w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cf y3471 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d0 y3471 w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w53f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">Listed equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y3472 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">802<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d2 y3472 w9d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">8<span class=\"_ _0\"></span>85<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3473 ff11c fs6 fc0 sc0 ls10 ws2f\">Unlisted equities<span class=\"_ _3ad\"> </span></td><td class=\"c n x51b y3225 w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d3 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3474 ff11c fs6 fc0 sc0 lsd ws15\">Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in un<span class=\"_ _0\"></span>it tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x1ed y31cc w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d4 y31cc w541 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">1,421<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w542 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d5 y312a w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d6 y312a wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Un<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>it b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en \u00a3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2m) U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, \u00a33<span class=\"_ _0\"></span>19m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>1m) Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d \u00a35<span class=\"_ _0\"></span>7m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2m) N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. </span>2. <span class=\"_ _19\"> </span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs i<span class=\"_ _0\"></span>n un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(b) Deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on macr<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic dat<span class=\"_ _0\"></span>a and key qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ind<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he lat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ial an<span class=\"_ _0\"></span>d poli<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ron<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the tab<span class=\"_ _0\"></span>le as the ris<span class=\"_ _0\"></span>k is reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the <span class=\"_ _3\"></span>policyholder.<span class=\"_ _3ad\"> </span>T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies <table class=\"s w543 h176\" id=\"_15ef1692-2575-42ed-9c92-a93314093c99\"><tr><td></td><td></td><td class=\"t m1 x1df h11 y3475 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3476 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3477 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3478 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3479 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y347a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y347b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32c8 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d7 y32c8 w544 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _c\"></span>,273<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d8 y32c8 w545 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">32<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y32ca w547 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>9,<span class=\"_ _6\"></span>012<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d9 y32ca w548 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9da y33b6 w54a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,206<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9db y33b6 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dc y33b7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y33b7 w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">921<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y347c w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">277<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9de y347c w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">238<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347d ff11c fs6 fc0 sc0 ls4 ws3\">GIIPS: </td><td></td><td></td></tr><tr><td class=\"c n x4aa y3220 w54d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ire<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9df y3220 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,066<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e0 y3220 w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33ba w54e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ita<span class=\"_ _0\"></span>ly<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e1 y33ba w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e2 y33ba w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33bb w54f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Spa<span class=\"_ _0\"></span>in<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e3 y33bb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e4 y33bb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">202<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e5 y33bc w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e6 y33bc w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e7 y33bd w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e8 y33bd w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w551 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">Brazil<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e9 y3472 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ea y3472 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347e w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9eb y347e w553 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">6,227<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ec y347e wd6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347f ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></td><td class=\"c n x9ed y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ee y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ef y312a w554 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">8<span class=\"_ _c\"></span>1,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f0 y312a w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Al<span class=\"_ _0\"></span>l CD<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>s of \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m) are d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t of W<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(c<span class=\"_ _c\"></span>) Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s on sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span><table class=\"s w555 h177\" id=\"_f47ac54a-549f-4b68-ac9a-426fcac75e2e\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3480 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x224 h11 y3481 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3483 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3484 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x2bb h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3486 ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x9f1 h11 y3487 ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3488 w556 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls1d ws32\">Sovereign<span class=\"_ _3\"></span>s, supra<span class=\"_ _3\"></span>s and<span class=\"_ _c\"></span> sub<span class=\"_ _0\"></span>-sovereigns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f2 y3488 w557 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f3 y3488 w11b h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f4 y3488 w558 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f5 y3488 w520 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3489 ff11c fs6 fc0 sc0 ls4 ws3\">Banks:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348a w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f6 y348a w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f7 y348a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f8 y348a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f9 y348a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348b w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348b w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fc y348b w55b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fd y348b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348c w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y348c w55d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6,7<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ff y348c w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa00 y348c w55e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa01 y348c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348d w55f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa02 y348d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa03 y348d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa04 y348d w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa05 y348d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y348e ff11c fs6 fc0 sc0 ls4 ws3\">Financial <span class=\"_ _3\"></span>ser<span class=\"_ _0\"></span>vices:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348f w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348f w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa06 y348f wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">209<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa07 y348f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3490 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y3490 w561 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _b\"></span>,14<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa08 y3490 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa09 y3490 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0a y3490 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3491 ff11c fs6 fc0 sc0 ls10 ws2f\">Insurance:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3492 w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0b y3492 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0c y3492 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0d y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0e y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3493 w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0f y3493 w334 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">238<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa10 y3493 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa11 y3493 w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">267<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa12 y3493 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3410 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa13 y3410 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">988<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa14 y3410 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa15 y3410 wa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">9<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa16 y3410 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3494 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s and go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3412 w562 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cyc<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa17 y3412 w563 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa18 y3412 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa19 y3412 w564 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1a y3412 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3413 w565 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cy<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1b y3413 w566 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _b\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1c y3413 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1d y3413 wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1e y3413 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3414 w567 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">\u2013 <span class=\"_ _3\"></span>Health<span class=\"_ _0\"></span>care<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1f y3414 w568 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa20 y3414 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa21 y3414 w569 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">2,<span class=\"_ _0\"></span>308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa22 y3414 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3495 ff11c fs6 fc0 sc0 lse ws28\">Infrastru<span class=\"_ _0\"></span>cture: </td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3416 w56a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa23 y3416 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">6,524<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa24 y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa25 y3416 w56b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa26 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3417 w56c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa27 y3417 w56d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa28 y3417 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa29 y3417 w56e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2a y3417 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w56f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d tele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2b y324a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">4,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2c y324a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2d y324a w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>405<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2e y324a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w570 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Industr<span class=\"_ _0\"></span>ials<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2f y324b we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa30 y324b w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa31 y324b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w571 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls7a wsa6\">Utili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa33 y31ea w572 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y31ea w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa34 y31ea wc3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa35 y31ea w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w573 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Energy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa36 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa37 y31eb w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa38 y31eb w574 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa39 y31eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b1 w575 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Commodities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3a y33b1 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">885<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3b y33b1 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61b y33b1 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3c y33b1 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w576 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Oi<span class=\"_ _0\"></span>l and gas<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3d y328d w300 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3e y328d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3f y328d w577 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w578 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1a ws1c\">Real estate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa40 y31c8 w579 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">4,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa41 y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa42 y31c8 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w57a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e AB<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>/R<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa43 y324c w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,031<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y324c w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa45 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,721<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa46 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w57b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e loan<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa47 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa48 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa49 y31cb w57c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,84<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4a y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w57d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4d y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4f y312a w57e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa50 y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">100<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa51 y312a w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">7<span class=\"_ _0\"></span>1,7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa52 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>Analysis<span class=\"_ _3\"></span> of s<span class=\"_ _3\"></span>overei<span class=\"_ _3\"></span>gns, supra<span class=\"_ _3\"></span>s and<span class=\"_ _3\"></span> sub-so<span class=\"_ _3\"></span>vereigns<span class=\"_ _3ad\"> </span><table class=\"s w581 h178\" id=\"_98ac4924-558d-4ad7-8900-dd8fb0daa377\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3496 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y3497 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3498 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3499 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x228 h11 y349a ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td></tr><tr><td class=\"t m1 x229 he y349b ff11a fs6 fc0 sc0 ls4 wsd\">Market v<span class=\"_ _3\"></span>alue by<span class=\"_ _3\"></span> region<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cf w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa53 y32cf w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8,79<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa54 y32cf w582 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa55 y31ea w583 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">1<span class=\"_ _3\"></span>,696<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa56 y31ea w584 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa57 y31eb w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa58 y31eb w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y31ec w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa59 y31ec w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5a y31ed w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y31ed w586 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w587 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5b y31ee w588 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">425<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5c y31ee w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5d y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y31cb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">248<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5e y31cb w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5f y31cc waa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsdf wsdb\">534<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa60 y31cc w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">615<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y312a w557 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa62 y312a w558 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>(ii) Currency risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k from fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s in cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the<span class=\"_ _0\"></span>ir fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, nea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y all suc<span class=\"_ _0\"></span>h hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the sam<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y or are hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d bac<span class=\"_ _0\"></span>k to GBP<span class=\"_ _c\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m fluc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes of vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>te to the Grou<span class=\"_ _0\"></span>p\u2019s US busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>. The maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to eur<span class=\"_ _0\"></span>os are he<span class=\"_ _0\"></span>ld by Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, a subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up doe<span class=\"_ _0\"></span>s not he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y reven<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s as these ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d loc<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y to supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t the<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th of the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>et lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y and mar<span class=\"_ _0\"></span>ket re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses ai<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n suffi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts in loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy to mee<span class=\"_ _0\"></span>t loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, how<span class=\"_ _0\"></span>ever move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts may imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the valu<span class=\"_ _0\"></span>e of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y whi<span class=\"_ _0\"></span>ch is exp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d in ste<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s aspe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k is moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>ly, aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ese exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es are ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>ed by ali<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l by <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y with th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts by cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy. <span class=\"_ _3\"></span>Cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs and de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n set. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>ld ne<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of \u00a30.5b<span class=\"_ _0\"></span>n (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: net lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a34.4<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>of its tota<span class=\"_ _0\"></span>l equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, main<span class=\"_ _0\"></span>ly U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r and eu<span class=\"_ _0\"></span>ro, ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of the rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s inhe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in the<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es may be miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the use of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s, ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up\u2019s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of overse<span class=\"_ _0\"></span>as bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted as fun<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ies) are tran<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at averag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes and th<span class=\"_ _0\"></span>e net ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as func<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) at the clos<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rate for the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>10% inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (weaken<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) <span class=\"_ _3\"></span>or de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (<span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g of forei<span class=\"_ _0\"></span>gn cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rates wou<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e or redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e the pro<span class=\"_ _0\"></span>fit for th<span class=\"_ _0\"></span>e year and ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span><table class=\"s w589 h179\" id=\"_cfcd3fb6-4cd7-4048-ae99-0b37519a3cad\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a6 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa66 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa67 y31cc w10f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa68 y31cc w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to US<span class=\"_ _0\"></span>D exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x24c y32b7 w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa69 y32b7 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6a y32b7 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6b y32b7 w58b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span><table class=\"s w58c h179\" id=\"_4df31bef-7a5f-42a3-be0e-05c91218db37\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a9 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6d y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6e y31cc w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6f y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to EU<span class=\"_ _0\"></span>R exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y32b7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa70 y32b7 w58d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa71 y32b7 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa72 y32b7 w58e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>111<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y to ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y is n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>oth f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l </span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-694": {
   "value": "Credit risk<span class=\"_ _3ad\"> </span>E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>los<span class=\"_ _0\"></span>s if anot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r par<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y fails to per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm i<span class=\"_ _0\"></span>ts fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up or suf<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs a rat<span class=\"_ _0\"></span>ing dow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><div class=\"t m1 h13 ff11a fsa fc5 sc0 ls14e ws16c gs457\">Credit risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls132 ws12c gs458\">Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _17e\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _e8\"> </span>C<span class=\"_ _0\"></span>ontrols to mitigate r<span class=\"_ _3\"></span>isks<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 lsd ws3 gs459\">Bo<span class=\"_ _0\"></span>nd d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs45a\">A sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o of cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs45b\">co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loan<span class=\"_ _0\"></span>s are he<span class=\"_ _0\"></span>ld to bac<span class=\"_ _0\"></span>k th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs45c\">fro<span class=\"_ _0\"></span>m wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Wh<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs45d\">th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o is dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, the as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t cla<span class=\"_ _0\"></span>ss is in<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs45e\">exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the ris<span class=\"_ _0\"></span>k of issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t and r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs45f\">dow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs460\">LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _15f\"> </span>Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l and sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r limi<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>t by finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gt<span class=\"_ _0\"></span>h rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 ls8 ws7 gs461\">se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r and ge<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n to limi<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to a defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs462\">ar<span class=\"_ _0\"></span>e reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>vie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d to take acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs463\">se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l str<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>th by rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs464\">ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d the G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up\u2019s own in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ysi<span class=\"_ _0\"></span>s. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs465\">re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are als<span class=\"_ _0\"></span>o use<span class=\"_ _0\"></span>d to miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs466\">ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng dow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. If app<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are ta<span class=\"_ _0\"></span>ken to tra<span class=\"_ _0\"></span>de ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs467\">inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at ri<span class=\"_ _0\"></span>sk of de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls22 ws26 gs468\">Reinsurance counterparty risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs469\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ri<span class=\"_ _0\"></span>sk is mi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted by ce<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g par<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs46a\">th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>ks ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed to th<span class=\"_ _0\"></span>e rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t of a </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs46b\">re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r woul<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e the bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s to be re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs46c\">po<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly on le<span class=\"_ _0\"></span>ss ad<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>us te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, or for the ri<span class=\"_ _0\"></span>sks to<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs46d\">be bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs46e\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y an el<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs46f\">cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al on it<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld th<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs470\">bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss no<span class=\"_ _0\"></span>t be re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d on the sa<span class=\"_ _0\"></span>me te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs471\">LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _15f\"> </span>Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n sel<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g new re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s for it<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs472\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s onl<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ies w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h have a min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs473\">eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt to A- un<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ss co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. For eac<span class=\"_ _0\"></span>h rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs474\">de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s and p<span class=\"_ _0\"></span>roj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re ove<span class=\"_ _0\"></span>r the ter<span class=\"_ _0\"></span>m of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs475\">th<span class=\"_ _0\"></span>e trea<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Act<span class=\"_ _0\"></span>ual ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the<span class=\"_ _0\"></span>se lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs476\">Si<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y, for lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k sy<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs477\">ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s the us<span class=\"_ _0\"></span>e of stro<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d see<span class=\"_ _0\"></span>ks to ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs478\">po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons a<span class=\"_ _0\"></span>re ful<span class=\"_ _0\"></span>ly c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. The ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>y and qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l is </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs479\">su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to ong<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls13 ws12 gs47a\">Property lending counterparty risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs47b\">As pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of our as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t dive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gy, we hol<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs47c\">pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d leas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bac<span class=\"_ _0\"></span>k inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs47d\">We are in<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the ri<span class=\"_ _0\"></span>sk of def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt by a </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs47e\">bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>r or ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs47f\">LGC an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _99\"> </span>E<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d leas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bac<span class=\"_ _0\"></span>k inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on is<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs480\">su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a due dil<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss to ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks imp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t in th<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs481\">tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>fir<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t any ris<span class=\"_ _0\"></span>k of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs482\">mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>. We also pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ou<span class=\"_ _0\"></span>r inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts by tak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ove<span class=\"_ _0\"></span>r the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs483\">pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h eac<span class=\"_ _0\"></span>h inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 he ff11a fs6 fc0 sc0 ls13 ws12 gs484\">Banking counterparty risk<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs485\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p is expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to pote<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs486\">ba<span class=\"_ _0\"></span>nks or th<span class=\"_ _0\"></span>e iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s of finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t on </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs487\">th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s to us. We are als<span class=\"_ _0\"></span>o exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs488\">co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>ks in res<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of the pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs489\">se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d cus<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>y ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs48a\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, LGC<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs48b\">an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs48c\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s its ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s to bank<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s and th<span class=\"_ _0\"></span>e iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs48d\">of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s usi<span class=\"_ _0\"></span>ng a fra<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>rk of co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs48e\">lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts ta<span class=\"_ _0\"></span>ke acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of the rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h of the cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y as </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs48f\">wel<span class=\"_ _0\"></span>l as oth<span class=\"_ _0\"></span>er ba<span class=\"_ _0\"></span>nk co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p may have. Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs490\">ar<span class=\"_ _0\"></span>e sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to regu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>iew wi<span class=\"_ _0\"></span>th ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d agai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs491\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p has de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d cri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a for the se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of cu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y and se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </div><div class=\"t m1 ha ff11c fs6 fc0 sc0 lsd ws15 gs492\">se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gt<span class=\"_ _0\"></span>h of prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s is reg<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>1<span class=\"_ _3\"></span>6 Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>isk Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s from it<span class=\"_ _0\"></span>s offe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng of insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s\u2019 an<span class=\"_ _0\"></span>d segr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts\u2019 mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks to be taken<span class=\"_ _0\"></span>, as well as the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ove<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht of cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t has bee<span class=\"_ _0\"></span>n del<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by the Boar<span class=\"_ _0\"></span>d to the Grou<span class=\"_ _0\"></span>p Ris<span class=\"_ _0\"></span>k Fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l Ris<span class=\"_ _0\"></span>k Com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>GR<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RC), the re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es pro<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s appe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>te for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k in aggr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, and by issu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>, and ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d moni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> to app<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he GR<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>C also co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k impl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it in new ass<span class=\"_ _0\"></span>et cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>es and co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and adv<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s on app<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iate co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols it<span class=\"_ _0\"></span>s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th of the cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th whi<span class=\"_ _0\"></span>ch it wil<span class=\"_ _0\"></span>l deal an<span class=\"_ _0\"></span>d set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es for the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e moni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d and revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d by ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt on<span class=\"_ _0\"></span> a cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>by<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>is.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk is sho<span class=\"_ _0\"></span>wn be<span class=\"_ _0\"></span>low. This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es bo<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly ra<span class=\"_ _0\"></span>ted po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s have not bee<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d as shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs ar<span class=\"_ _0\"></span>e not dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>. Add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, asset<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts and ta<span class=\"_ _0\"></span>x have no expos<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re have also be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>For ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng ban<span class=\"_ _0\"></span>ds are pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g age<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are assi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ed a rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o revi<span class=\"_ _0\"></span>ew pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss or thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re an int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng even wh<span class=\"_ _0\"></span>en an ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g is alrea<span class=\"_ _0\"></span>dy avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, if thes<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s or are com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons or di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. In th<span class=\"_ _0\"></span>ese ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs are ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by eith<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e LGIM Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng team or th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fir<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the max<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk bef<span class=\"_ _0\"></span>ore ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of colla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral he<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, by <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ue of tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves and sto<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k len<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> acti<span class=\"_ _0\"></span>vitie<span class=\"_ _0\"></span>s. Shareholder<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _2be\"> </span><span class=\"ff11c ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></span><table class=\"s w2db h17a\" id=\"_c716e7b8-4b3e-49e1-be3f-2a7f4a1101b1\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x7f1 h1b y34aa ff11a fs2 fc0 sc0 ls115 ws8d\">BB and<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xa73 h1b y34ab ff11a fs2 fc0 sc0 ls185 ws1a6\">AAA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y34ab ff11a fs2 fc0 sc0 ls185 ws1a6\">AA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h1b y34ab ff11a fs2 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa75 h1b y34ab ff11a fs2 fc0 sc0 ls113 ws122\">BBB<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h1b y34ac ff11a fs2 fc0 sc0 lsd8 ws13e\">bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y34ac ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y34ac ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa76 h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y34af w58f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Gov<span class=\"_ _3\"></span>ernment<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa77 y34af w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">242<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa78 y34af w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">8<span class=\"_ _6\"></span>,14<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa79 y34af w11d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7a y34af w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7b y34af w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7c y34af w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7d y34af w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>,736<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b0 w590 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fixe<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa7e y34b0 w591 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">2,083<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7f y34b0 w592 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">7<span class=\"_ _c\"></span>,080<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa80 y34b0 w593 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24,20<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa81 y34b0 w594 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa82 y34b0 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">299<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa83 y34b0 w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">141<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa84 y34b0 w596 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55,<span class=\"_ _0\"></span>455<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b1 w597 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ra<span class=\"_ _0\"></span>te se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa85 y34b1 w20b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">471<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa86 y34b1 w598 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>,73<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa87 y34b1 w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">4,039<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa88 y34b1 wed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x910 y34b1 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa89 y34b1 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8a y34b1 w599 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b2 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa8b y34b2 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y34b2 w59a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,835<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8c y34b2 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8d y34b2 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">402<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8e y34b2 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y34b2 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8f y34b2 w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b3 w59d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">Accrued<span class=\"_ _3\"></span> inter<span class=\"_ _3\"></span>est<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa90 y34b3 w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa91 y34b3 w59e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">113<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa92 y34b3 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">240<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa93 y34b3 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">283<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa94 y34b3 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa95 y34b3 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa96 y34b3 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">666<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b4 w59f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa97 y34b4 w5a0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16 ws25\">2,820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa98 y34b4 w5a1 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa99 y34b4 w5a2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">29,<span class=\"_ _6\"></span>24<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9a y34b4 w5a3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls78 ws7f\">25<span class=\"_ _0\"></span>,757<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9b y34b4 w47f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9c y34b4 w3ae h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9d y34b4 w5a4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w5a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">Loans<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa9e y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9f y322d w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa0 y322d w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa1 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa2 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa3 y322d w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">536<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa4 y322d w5a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _6\"></span>612<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa5 y3282 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa6 y3282 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa7 y3282 w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa8 y3282 w5a8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaaa y3282 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaab y3282 w5a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaac y3282 w5aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaad y31f6 w5ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaae y31f6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">985<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaaf y31f6 w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">805<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab0 y31f6 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab1 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y31f6 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab3 y31f6 w5ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc0 wsc\">444<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab4 y31f6 w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,2<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xab5 y31f7 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab6 y31f7 w5af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab7 y31f7 w5b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>551<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">256<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab8 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab9 y31f7 w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">336<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaba y31f7 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xabb y31f8 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabc y31f8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabd y31f8 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabe y31f8 w5b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y31f8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabf y31f8 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac0 y31f8 w107 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xac1 y312a w5a0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16 ws25\">3,820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac2 y312a w5b2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls19 ws1a\">28<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac3 y312a w5b3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">7<span class=\"_ _0\"></span>2<span class=\"_ _b\"></span>,14<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac4 y312a w5b4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls24 ws2a\">26,<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x668 y312a w5b5 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls14 ws2d\">440<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac5 y312a w40e h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac6 y312a w5b6 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">13<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,17<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 (R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _152\"> </span><span class=\"ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></span><table class=\"s w2e5 h17b\" id=\"_44b8dfe1-a831-4af1-b93b-e4d7923a9787\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x7f1 h11 y34b5 ff11c fs2 fc0 sc0 ls4 ws3\">BB a<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xa73 h11 y34b6 ff11f fs2 fc0 sc0 ls186 ws1a7\">AAA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xac7 h11 y34b6 ff11f fs2 fc0 sc0 ls186 ws1a7\">AA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h11 y34b6 ff11f fs2 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xac8 h11 y34b6 ff11c fs2 fc0 sc0 ls172 ws18f\">BBB<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y34b7 ff11c fs2 fc0 sc0 ls170 ws161\">below<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y34b7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y34b7 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa76 h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y34ba w58f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Gov<span class=\"_ _3\"></span>ernment<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xac9 y34ba wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaca y34ba w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>,72<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacb y34ba w346 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">207<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacc y34ba w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacd y34ba w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xace y34ba w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacf y34ba w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">5,<span class=\"_ _0\"></span>505<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bb w590 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fixe<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xad0 y34bb w5b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad1 y34bb w5b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">6<span class=\"_ _0\"></span>,072<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad2 y34bb w189 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad3 y34bb w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">2<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad4 y34bb w5b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad5 y34bb wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad6 y34bb w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">50<span class=\"_ _0\"></span>,78<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bc w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xad7 y34bc w5ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">3,<span class=\"_ _0\"></span>246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad8 y34bc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">824<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x485 y34bc w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">428<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad9 y34bc wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">336<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xada y34bc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadb y34bc wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadc y34bc w5bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,844<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bd w597 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ra<span class=\"_ _0\"></span>te se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xadd y34bd wbd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">491<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xade y34bd w5bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadf y34bd w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,6<span class=\"_ _0\"></span>48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae0 y34bd w5bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae1 y34bd w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae2 y34bd w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae3 y34bd w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34be w59d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">Accrued<span class=\"_ _3\"></span> inter<span class=\"_ _3\"></span>est<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xae4 y34be wdb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">33<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae5 y34be w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae6 y34be wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">220<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae7 y34be w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">306<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae8 y34be w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae9 y34be w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y34be w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">652<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b4 w5c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xaeb y34b4 w5c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x922 y34b4 wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaec y34b4 w5c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">24,<span class=\"_ _0\"></span>358<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaed y34b4 w5c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">25<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e7 y34b4 w5c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">9<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaee y34b4 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaef y34b4 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w5a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">Loans<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa9e y31ed w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf0 y31ed w5c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">303<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf1 y31ed w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">318<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf2 y31ed w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa94 y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf3 y31ed wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf4 y31ed w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf5 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf6 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ee w5c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf7 y31ee w5c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">38,<span class=\"_ _0\"></span>829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf8 y31ee w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,93<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf9 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafa y31ee w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafb y31ee w436 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>78<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafc y324c w5ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafd y324c w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">412<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafe y324c w5c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y324c wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaff y324c w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">77<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb00 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb01 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">548<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb02 y324c w4d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">4,834<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xab5 y31cb w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb03 y31cb w5cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb04 y31cb w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">648<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb05 y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb06 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c9 y31cb w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">235<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb07 y31cb wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xb08 y31cc w5cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad8 y31cc w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">355<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb09 y31cc w5cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">666<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0a y31cc w5ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0b y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0c y31cc w174 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">6<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0d y31cc w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xb0e y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0f y312a w5cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">1<span class=\"_ _3\"></span>9,809<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb10 y312a w5d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66,4<span class=\"_ _0\"></span>02<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb11 y312a w5d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb12 y312a w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">9<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb13 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb14 y312a w5d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">131<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>Impairment Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I and<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>any lo<span class=\"_ _0\"></span>ss allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t by stag<span class=\"_ _0\"></span>e. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p did not have any pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: no pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed or or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s). <span class=\"_ _c\"></span>O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t are pre<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y unr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h an imma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>ce (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial los<span class=\"_ _0\"></span>s allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce).<span class=\"_ _3ad\"> </span>F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5d3 h17c\" id=\"_31c8e0da-4593-4d3c-b19d-cb1dd1c178ba\"><tr><td></td><td class=\"t m1 x333 h1b y34bf ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34c0 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c1 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34c2 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34c3 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34c5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34c6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34c8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34c9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ca ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34cb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34cc ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34cd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34cf ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34d0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31eb w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb17 y31eb w5d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb18 y31eb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31eb w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb19 y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1a y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1b y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1c y31ec w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1d y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1e y31ec we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb20 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb21 y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb22 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb23 y328d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb24 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb25 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y328d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb28 y31c8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb29 y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2a y31c8 w114 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2b y31c8 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2d y31c8 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2e y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2f y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb30 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb31 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb32 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb33 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb34 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb35 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb36 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb37 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb38 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb39 y31cc w5df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3b y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3d y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3e y312a w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb40 y312a w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb41 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb42 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb43 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr></table>Amortised cost<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5e1 h17d\" id=\"_af6efbbf-4e32-49a7-abaa-4e3e7d91fdee\"><tr><td></td><td class=\"t m1 x333 h1b y34d1 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34d2 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d3 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal </td><td class=\"t m1 xb16 h11 y34d4 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34d5 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL </td><td class=\"t m1 x1e1 h11 y34d6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34d7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34d8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34da ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34db ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34dc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34dd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34e0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34e1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34e2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ea w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb44 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb45 y31ea w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb46 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb47 y31ea w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb48 y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y31eb w5e2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb49 y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4a y31eb wad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4b y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4c y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4d y31ec w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4e y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4f y31ec w5e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb50 y31ec w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb52 y31ec wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb53 y328d w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>647<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb54 y328d w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb55 y328d w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb56 y328d wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb57 y328d w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb58 y328d w5e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb59 y31c8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5a y31c8 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5b y31c8 w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5c y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5d y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5e y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5f y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb60 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb61 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb62 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb63 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb64 y31cb w5e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb65 y31cb w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb66 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>076<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb67 y31cb w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb68 y31cb w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb69 y31cb w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6a y31cc w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6b y31cc w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6c y31cc w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6d y31cc we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6e y31cc w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6f y31cc w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal net amount<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb70 y312a w289 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb71 y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb72 y312a w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,045<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb73 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb74 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y312a w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for the above se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e annu<span class=\"_ _0\"></span>al pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5e7 h15a\" id=\"_b20114f0-5b8b-460c-b910-bde7d518b78c\"><tr><td></td><td class=\"t m1 x333 h1b y34e3 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34e4 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34e5 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34e6 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34e7 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34e8 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34eb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb75 y328d w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb76 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb77 y328d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb78 y328d we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7a y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31c8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb81 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb82 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb83 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb84 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb85 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb86 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb87 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb89 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8b y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8d y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8e y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb90 y312a w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb91 y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb92 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb93 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb94 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr></table>Amortised cost<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5ec h17e\" id=\"_4844dd69-1ebc-41b0-b6f7-2ea9362ba570\"><tr><td></td><td class=\"t m1 x333 h1b y34f5 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34f6 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34f7 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34f8 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34f9 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34fa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34fb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34fc ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34fd ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34fe ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ff ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3500 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3501 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3502 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3503 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3504 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3505 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3506 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb95 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb96 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb97 y31ed w5ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb98 y31ed w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb99 y31ed w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31ed wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31ee w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31ee w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9b y324c w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9c y324c w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9d y324c w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9f y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba0 y31cb w5ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba1 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba5 y31cc w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba6 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba7 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba9 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaa y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbab y312a wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbac y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbad y312a w5ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbae y312a w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaf y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbb0 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td></tr></table>Of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t and has th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basis<span class=\"_ _0\"></span>, or to realis<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y simu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has not e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into any fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>mas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r net<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> lin<span class=\"_ _0\"></span>ked ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs are no<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h17f\" id=\"_8ee7005a-fde4-4516-ba1a-7d3247f9d0a1\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b1 h1b y3507 ff11a fs2 fc0 sc0 ls35 ws42\">Amounts subject to<span class=\"_ _c\"></span> e<span class=\"_ _0\"></span>nforceable<span class=\"_ _3\"></span> netting arrangements<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h1b y3508 ff11a fs2 fc0 sc0 ls35 ws42\" colspan=\"2\">Amounts under master<span class=\"_ _3\"></span> netting arrangements</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h1b y3509 ff11a fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t no<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h1b y350a ff11a fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h1b y350b ff11a fs2 fc0 sc0 ls172 ws18f\">net am<span class=\"_ _3\"></span>ounts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h1b y350c ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h1b y350d ff11a fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y350e ff11a fs2 fc0 sc0 ls37 ws44\">Relate<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h1b y350f ff11a fs2 fc0 sc0 ls3a ws46\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h1b y3510 ff11a fs2 fc0 sc0 ls114 wsa1\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h1b y3511 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h1b y3512 ff11a fs2 fc0 sc0 ls132 ws12c\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 h1b y3512 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h1b y3512 ff11a fs2 fc0 sc0 ls172 ws18f\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h1b y3513 ff11a fs2 fc0 sc0 ls114 wsa1\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb7 h1b y3514 ff11a fs2 fc0 sc0 ls35 ws42\">instruments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb8 h1b y3515 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h1b y3516 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3518 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbba y322d w5f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">38<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbb y322d w5f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbc y322d w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbd y322d w3b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(57<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbe y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbf y3282 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc0 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc1 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc2 y3282 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc3 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc4 y324c w5f3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>61<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc5 y324c w5f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc6 y324c w5f4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls129 ws13a\">(7<span class=\"_ _0\"></span>90)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc7 y324c w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc8 y324c w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc9 y31f7 w5f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbca y31f7 w436 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcb y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcc y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcd y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbce y31f8 w5f7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcf y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd0 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd1 y31f8 w5f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>,456<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd3 y312a w5f5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(42<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd4 y312a w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd5 y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd6 y312a w5f9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">4,<span class=\"_ _0\"></span>398<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd7 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h180\" id=\"_67fbfb5e-d052-4970-8136-dd1df4c34820\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b9 h11 y3519 ff11c fs2 fc0 sc0 ls4 ws3\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to e<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h11 y351a ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h11 y351b ff11c fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t n<span class=\"_ _0\"></span>ot of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h11 y351c ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h11 y351d ff11c fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h11 y351e ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h11 y351f ff11c fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbd8 h11 y3520 ff11f fs2 fc0 sc0 ls14b ws167\">Rela<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h11 y3521 ff11f fs2 fc0 sc0 ls113 ws122\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h11 y3522 ff11c fs2 fc0 sc0 ls10b ws59\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h11 y3523 ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h11 y3524 ff11f fs2 fc0 sc0 ls63 ws6f\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c4 h11 y3524 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h11 y3524 ff11c fs2 fc0 sc0 ls170 ws161\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h11 y3525 ff11f fs2 fc0 sc0 ls34 ws41\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"c xbda y3527 w5fa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls39 ws1c\">instrume<span class=\"_ _0\"></span>nts</div><div class=\"t m1 xbd9 hc2 y3526 ff11c fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5e3 h11 y3528 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h11 y3529 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y352b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdb y31ed w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdc y31ed w5fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdd y31ed w16e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbde y31ed w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdf y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe0 y31ee w5fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>07<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe1 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe2 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe3 y31ee w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe5 y31ef w5fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe6 y31ef w5ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe7 y31ef w17c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe8 y31ef w600 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1,12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe9 y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbea y31cb w601 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbeb y31cb w602 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbec y31cb w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbed y31cb w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">2,894<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbee y31cc w604 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbef y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf1 y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">837<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf2 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf3 y312a w605 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf4 y312a w606 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf5 y312a w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf6 y312a w607 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">3,<span class=\"_ _0\"></span>731<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf7 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as t<span class=\"_ _0\"></span>he I<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>DA M<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r Ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d be of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d </span>ne<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Ca<span class=\"_ _0\"></span>sh a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld m<span class=\"_ _0\"></span>ay exc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>et l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In the ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es above<span class=\"_ _0\"></span>, the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t fir<span class=\"_ _0\"></span>st by fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> have the rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r maste<span class=\"_ _0\"></span>r ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng or simi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h any rema<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-695": {
   "value": "Liquidit<span class=\"_ _0\"></span>y <span class=\"_ _3\"></span>risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e risk th<span class=\"_ _0\"></span>at the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, tho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h solve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er do<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t have suffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al reso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>nab<span class=\"_ _0\"></span>le it to mee<span class=\"_ _0\"></span>t its ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns as they fall<span class=\"_ _0\"></span> du<span class=\"_ _0\"></span>e, or ca<span class=\"_ _0\"></span>n sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e them on<span class=\"_ _0\"></span>ly at exce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ive cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is also exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k as a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>se pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 more de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il on ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k can be fou<span class=\"_ _0\"></span>nd in Note 1<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is not dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ly exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to any marke<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k or liqui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with LGI<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>\u2019s busin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d as a <span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t, th<span class=\"_ _0\"></span>e det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span> dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s have not bee<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>. Howeve<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>LGI<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me is re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to the value of fun<span class=\"_ _0\"></span>ds un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, an<span class=\"_ _0\"></span>d so they are in<span class=\"_ _0\"></span>dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> to marke<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks that im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e value of asse<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>ose fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>eks to mana<span class=\"_ _0\"></span>ge it<span class=\"_ _0\"></span>s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res to ris<span class=\"_ _0\"></span>k thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t the res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by the Boar<span class=\"_ _0\"></span>d. A <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the risks ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the Grou<span class=\"_ _0\"></span>p\u2019s prin<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s is <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>d in the tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow.<span class=\"_ _3ad\"> </span>Liquidit<span class=\"_ _0\"></span>y risk<span class=\"_ _3ad\"> </span>Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _17e\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _e8\"> </span>C<span class=\"_ _0\"></span>ontrols to mitigate r<span class=\"_ _3\"></span>isks<span class=\"_ _3ad\"> </span></span>Contingent ev<span class=\"_ _3\"></span>ent risk Eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t in liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a pan<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ic tha<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d lea<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er le<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>s of clai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>n wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly be ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, or ex<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ti<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng of cas<span class=\"_ _0\"></span>h flows or th<span class=\"_ _0\"></span>e abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to real<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at a giv<span class=\"_ _0\"></span>en val<span class=\"_ _0\"></span>ue wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in a sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d timeframe.<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and Re<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ail<span class=\"_ _23c\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p see<span class=\"_ _0\"></span>ks to ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e tha<span class=\"_ _0\"></span>t it me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s its ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as they fal<span class=\"_ _0\"></span>l du<span class=\"_ _0\"></span>e and<span class=\"_ _0\"></span> avoi<span class=\"_ _0\"></span>ds in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on for<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et sa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in ord<span class=\"_ _0\"></span>er to me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. A limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d leve<span class=\"_ _0\"></span>l of con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ri<span class=\"_ _0\"></span>sk is<span class=\"_ _0\"></span>, howe<span class=\"_ _0\"></span>ver, an ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. It is fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re a con<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of th<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>s in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and th<span class=\"_ _0\"></span>e exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t str<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. How<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r, the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es se<span class=\"_ _0\"></span>ek<span class=\"_ _0\"></span> to mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>by fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to mee<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of the cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws tha<span class=\"_ _0\"></span>t may ari<span class=\"_ _0\"></span>se fr<span class=\"_ _0\"></span>om co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e lev<span class=\"_ _0\"></span>el of req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ess te<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s for sh<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k eve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s is reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to the re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s treas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y fun<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to othe<span class=\"_ _0\"></span>r are<span class=\"_ _0\"></span>as of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p to cover co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g from m<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts may no<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span> readily realisable. Collateral liquidity risk<span class=\"_ _3ad\"> </span>Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, th<span class=\"_ _0\"></span>e use of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e def<span class=\"_ _0\"></span>aul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>, cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>ks ca<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e pos<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es at sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t noti<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>. LGC<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Retail<span class=\"_ _3ad\"> </span>Li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to mee<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al cal<span class=\"_ _0\"></span>ls un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d an ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate po<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>l of elig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span> mai<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es as sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d in the as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, LGR<span class=\"_ _0\"></span>I and Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il el<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>oll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts to pos<span class=\"_ _0\"></span>t was mo<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>n five ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s over th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pos<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d (usin<span class=\"_ _0\"></span>g the mo<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> collateral agreeme<span class=\"_ _0\"></span>nts)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Investment liquidity ri<span class=\"_ _3\"></span>sk Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t len<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, sa<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d leas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bac<span class=\"_ _0\"></span>k inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d lif<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ar<span class=\"_ _0\"></span>e inh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly il<span class=\"_ _0\"></span>liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span> of inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, wi<span class=\"_ _0\"></span>th li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span>s to reali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> th<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>e of asse<span class=\"_ _0\"></span>ts ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGC an<span class=\"_ _0\"></span>d LGR<span class=\"_ _0\"></span>I<span class=\"_ _99\"> </span>G<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of the an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is abl<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d will<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to take adv<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge of the pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span> Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, how<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r, sets li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ts on th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of th<span class=\"_ _0\"></span>e natu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d ty<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are he<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span> to mee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up had \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>of cas<span class=\"_ _0\"></span>h and cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fun<span class=\"_ _0\"></span>ds and a \u00a31<span class=\"_ _3\"></span>.5b<span class=\"_ _0\"></span>n syn<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed revo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>ing cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t facil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of its key rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip ba<span class=\"_ _0\"></span>nks<span class=\"_ _0\"></span>, matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ing in De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>8.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-638": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 lseb wsf9 gs4c6\">8 Balance sheet analysis<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c7\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d it<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies in th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e level of shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to mar<span class=\"_ _0\"></span>ket and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c8\">cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>. V<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are in pla<span class=\"_ _0\"></span>ce as me<span class=\"_ _0\"></span>cha<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>sms to mit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>te the ris<span class=\"_ _0\"></span>ks.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c9\">Th<span class=\"_ _0\"></span>e two ca<span class=\"_ _0\"></span>teg<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted ar<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs4ca\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4cb\">For un<span class=\"_ _0\"></span>it lin<span class=\"_ _0\"></span>ked co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t link be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en the inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts and th<span class=\"_ _0\"></span>e obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss is wri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n in both Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4cc\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d and Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce (Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ris<span class=\"_ _0\"></span>k on thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts is bo<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c3\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p is the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re not di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to any mar<span class=\"_ _0\"></span>ket ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy ris<span class=\"_ _0\"></span>k or cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k for thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, risk<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c4\">dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s have not bee<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for uni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff120 fs0 fc0 sc0 ls5d ws6b gs4ce\">Shareholder<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4cf\">Al<span class=\"_ _0\"></span>l non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>uni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ked ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s are clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Gro<span class=\"_ _0\"></span>up are di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to mar<span class=\"_ _0\"></span>ket and cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t risk on the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4d0\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g those ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4d1\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an anal<span class=\"_ _0\"></span>ysi<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et by cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y. The qua<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve risk di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es in Note<span class=\"_ _0\"></span>s 1<span class=\"_ _c\"></span>5 and 1<span class=\"_ _3\"></span>6 have bee<span class=\"_ _0\"></span>n prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed usi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls5d ws6b gs4d2\">this<span class=\"_ _3\"></span> categoris<span class=\"_ _3\"></span>ation.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs4d3\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs4d4\"><table class=\"s w34b h15e\" id=\"_70ddd143-5fe0-472c-b2bd-d153eb68d5e3\"><tr><td></td><td></td><td class=\"t m1 x67e h1b y32fc ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x67f h1b y32fd ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x539 h1b y32fe ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y32fe ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x243 h1b y32ff ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3300 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3300 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3301 ff11a fs6 fc0 sc0 ls22 ws27\">Assets<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3302 w34c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ll an<span class=\"_ _0\"></span>d Int<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x680 y3302 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">550<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x681 y3302 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x682 y3302 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">550<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3303 w34d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x683 y3303 wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">616<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x684 y3303 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x685 y3303 wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">616<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3304 w34e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x686 y3304 w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">315<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x687 y3304 w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">118<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x688 y3304 wad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">433<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3305 ff11c fs6 fc0 sc0 ls16 ws25\">Investments<span class=\"_ _3ad\"> </span></td><td class=\"c n x265 y3306 w34f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5</div></td><td class=\"c n x689 y3306 w350 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsc7 wsd6\">366<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>46</div></td><td class=\"c n x68a y3306 w351 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">5<span class=\"_ _0\"></span>0<span class=\"_ _b\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _b\"></span>8<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3307 w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68b y3307 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y3307 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68d y3307 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3308 w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68e y3308 w354 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>414<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68f y3308 wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">3<span class=\"_ _0\"></span>,96<span class=\"_ _0\"></span>5</div></td><td class=\"c n x690 y3308 w355 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w356 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x691 y325a w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">151,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6</div></td><td class=\"c n x692 y325a w358 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _0\"></span>71,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9</div></td><td class=\"c n x693 y325a w359 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls19 ws1a\">522,0<span class=\"_ _0\"></span>95<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3309 ff11a fs6 fc0 sc0 ls16 ws25\">Liabilities<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3282 w35a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Contra<span class=\"_ _0\"></span>ct liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x694 y3282 w35b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">9<span class=\"_ _0\"></span>2,66<span class=\"_ _0\"></span>4</div></td><td class=\"c n x695 y3282 w35c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">31<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>74</div></td><td class=\"c n x696 y3282 w35d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">408,538<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w35e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>re bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x697 y322f w35f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">4,<span class=\"_ _0\"></span>377<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x698 y322f w360 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x699 y322f wed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">4,<span class=\"_ _0\"></span>280<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w361 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x69a y31e5 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x69b y31e5 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x69c y31e5 w362 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">1,840<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w363 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r li<span class=\"_ _3\"></span>abilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x69d y31e6 w364 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">4<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7</div></td><td class=\"c n x69e y31e6 w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">5<span class=\"_ _0\"></span>4,896</div></td><td class=\"c n x69f y31e6 w365 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w366 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a0 y312a w367 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5</div></td><td class=\"c n x6a1 y312a w368 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1a ws2c\">371,056</div></td><td class=\"c n x6a2 y312a w369 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>17,<span class=\"_ _b\"> </span>3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4d5\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs4d6\">As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div><div class=\"gs4d7\"><table class=\"s w36a h15f\" id=\"_62c71b8e-a3ea-4938-acdc-2b3ff15eb7c5\"><tr><td></td><td class=\"t m1 x6a3 h11 y330a ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67e h11 y330b ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y330c ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x67f h11 y330d ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y330e ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y330f ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x243 h11 y3310 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3311 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3312 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3313 ff11f fs6 fc0 sc0 ls16 ws25\">Assets<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cb w34c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ll an<span class=\"_ _0\"></span>d Int<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a4 y32cb w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">512<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a5 y32cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a6 y32cb w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">5<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cc w34d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d joi<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d for us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a7 y32cc w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">554<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a8 y32cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6a9 y32cc waa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">55<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3248 w34e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6aa y3248 w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">252<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ab y3248 w36c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ac y3248 w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">3<span class=\"_ _0\"></span>26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3314 ff11c fs6 fc0 sc0 ls16 ws25\">Investments<span class=\"_ _3ad\"> </span></td><td class=\"c n x265 y3306 w36d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3</div></td><td class=\"c n x6ad y3306 w36e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">36<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>41</div></td><td class=\"c n x6ae y3306 w36f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cf w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6af y32cf w370 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b0 y32cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b1 y32cf wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b2 y32d0 w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">8,836<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b3 y32d0 w174 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">6<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>615<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b4 y32d0 w371 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w372 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>otal assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b5 y31eb w373 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0</div></td><td class=\"c n x6b6 y31eb w374 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">370<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>30</div></td><td class=\"c n x6b7 y31eb w375 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>13<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3315 ff11c fs6 fc0 sc0 lse ws28\">Liabilities<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31c8 w35a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Contra<span class=\"_ _0\"></span>ct liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b8 y31c8 w376 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">79,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>81</div></td><td class=\"c n x6b9 y31c8 w377 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>415</div></td><td class=\"c n x6ba y31c8 w378 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">365<span class=\"_ _0\"></span>,096<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w35e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>re bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6bb y324c w2ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">4,4<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6bc y324c w12f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6bd y324c wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4,<span class=\"_ _0\"></span>338<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w361 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6be y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">963<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6bf y31cb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">256<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66f y31cb w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w363 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r li<span class=\"_ _3\"></span>abilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c0 y31cc w379 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52,6<span class=\"_ _0\"></span>60</div></td><td class=\"c n x6c1 y31cc w37a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>424</div></td><td class=\"c n x6c2 y31cc w37b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w37c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">T<span class=\"_ _c\"></span>otal liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c3 y312a w37d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">13<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>6</div></td><td class=\"c n x6c4 y312a w37e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">370,<span class=\"_ _0\"></span>001</div></td><td class=\"c n x6c5 y312a w37f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4d8\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs4d9\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.</span></div>",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfBalanceSheetAnalysis",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-639": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls41 ws4d gs4db\">9 Intangible a<span class=\"_ _3\"></span>ssets<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4dc\">In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts mai<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t of capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4dd\">re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ips an<span class=\"_ _0\"></span>d bra<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>). Amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es and any im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in Oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4de\">(see Note 3).<span class=\"_ _3ad\"> </span></div><div class=\"gs4df\"><table class=\"s w380 h160\" id=\"_5307c640-c277-4e54-81b7-bd226f79eeb0\"><tr><td></td><td class=\"t m1 x6c6 h1b y3316 ff11a fs2 fc0 sc0 ls34 ws41\">Capitalised<span class=\"_ _3\"></span> </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x667 h1b y3317 ff11a fs2 fc0 sc0 ls4 ws3\">sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x5b4 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h1b y3319 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3319 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y331a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y331b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y331b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y331c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y331d ff11a fs6 fc0 sc0 ls10 ws2f\">Cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y331e w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c8 y331e w2cb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls19 ws1a\">520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c9 y331e w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y331e w80 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y331f w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y331f w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cb y331f w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cc y331f w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3320 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cd y3320 w384 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ce y3320 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cf y3320 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3321 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d0 y3321 w387 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d1 y3321 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d2 y3321 w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3322 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d3 y3322 w38a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2d ws37\">593<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d4 y3322 w38b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y3322 w38c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">629<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3323 ff11a fs6 fc0 sc0 ls4 wsd\">Accumulated amortisation and impairment<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3324 w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d5 y3324 w38d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d6 y3324 w38e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d7 y3324 w38f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>114<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3325 w390 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d8 y3325 w391 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d9 y3325 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6da y3325 w392 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3326 w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6db y3326 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6dc y3326 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6dd y3326 w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3327 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6de y3327 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6df y3327 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y3327 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3328 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e1 y3328 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e2 y3328 w237 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e3 y3328 w395 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3329 w396 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>et b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e4 y3329 w397 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y3329 w398 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e5 y3329 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8 ws7\">477<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w399 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x6e6 y31cc wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w39a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x5f2 y312a w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">420<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h9d ff11a fs27 fc0 sc0 ls4 ws3 gs4e0\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h9d ff11a fs27 fc0 sc0 ls4 ws3 gs4e1\">2<span class=\"_ _3ad\"> </span></div><div class=\"gs4e2\"><table class=\"s w39b h161\" id=\"_dad500e1-c60f-45e3-b46b-0e16998cca5f\"><tr><td></td><td class=\"t m1 x5b9 h11 y332a ff11f fs2 fc0 sc0 ls39 ws1c\">Capitalised<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x667 h11 y332b ff11c fs2 fc0 sc0 ls39 ws1c\">soft<span class=\"_ _0\"></span>ware<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x5b4 h11 y332c ff11f fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y332c ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y332c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h11 y332d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y332d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y332e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y332f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y332f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3330 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y3331 ff11f fs6 fc0 sc0 ls1a ws2c\">Cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3332 w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e7 y3332 w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">450<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e8 y3332 wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e9 y3332 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3333 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ea y3333 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6eb y3333 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ec y3333 w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">121<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3334 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cd y3334 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y3334 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ee y3334 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3335 w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ef y3335 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y3335 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f1 y3335 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3336 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x6f2 y3337 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f3 y3337 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f4 y3337 w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3338 w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y3338 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f5 y3338 w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3338 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3339 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y333a w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f7 y333a w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>115<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f8 y333a w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f9 y333a w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _6\"></span>119<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333b w390 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fa y333b w3a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fb y333b w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fc y333b w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333c w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fd y333c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y333c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ff y333c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333d w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x700 y333d w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y333d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x701 y333d w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y333e ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3cd y333f wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x702 y333f w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x703 y333f wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3340 w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x704 y3340 w3a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x705 y3340 w3a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x706 y3340 w3a4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w3a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ne<span class=\"_ _0\"></span>t boo<span class=\"_ _0\"></span>k valu<span class=\"_ _0\"></span>e as at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x707 y3225 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">4<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x708 y3225 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x709 y3225 w3a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">4<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w399 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x6e6 y3277 w3a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls184 ws13\">43<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w39a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x5f2 y312a w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">398<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff11c fs27 fc0 sc0 ls4 ws3 gs4e3\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff11c fs27 fc0 sc0 ls4 ws3 gs4e4\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4e5\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4e6\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs4e7\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e \u00a32<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3m o<span class=\"_ _0\"></span>f wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot ye<span class=\"_ _0\"></span>t av<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r use a<span class=\"_ _0\"></span>s at 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 (31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs4e8\">2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de b<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d (\u00a3<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>m) an<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (\u00a3n<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>) as a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 (31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: (\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4m) a<span class=\"_ _0\"></span>nd (\u00a3<span class=\"_ _0\"></span>5m) r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs4e9\">3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er m<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>al of f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at w<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e no l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>n us<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-696": {
   "value": "9 Intangible a<span class=\"_ _3\"></span>ssets<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts mai<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>t of capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and in<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ips an<span class=\"_ _0\"></span>d bra<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>). Amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es and any im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in Oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> (see Note 3).<span class=\"_ _3ad\"> </span><table class=\"s w380 h160\" id=\"_5307c640-c277-4e54-81b7-bd226f79eeb0\"><tr><td></td><td class=\"t m1 x6c6 h1b y3316 ff11a fs2 fc0 sc0 ls34 ws41\">Capitalised<span class=\"_ _3\"></span> </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x667 h1b y3317 ff11a fs2 fc0 sc0 ls4 ws3\">sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x5b4 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3318 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h1b y3319 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3319 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y331a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y331b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y331b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y331c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y331d ff11a fs6 fc0 sc0 ls10 ws2f\">Cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y331e w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c8 y331e w2cb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls19 ws1a\">520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c9 y331e w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y331e w80 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y331f w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x570 y331f w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cb y331f w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cc y331f w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3320 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cd y3320 w384 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ce y3320 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cf y3320 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3321 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d0 y3321 w387 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d1 y3321 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d2 y3321 w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3322 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d3 y3322 w38a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2d ws37\">593<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d4 y3322 w38b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y3322 w38c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">629<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3323 ff11a fs6 fc0 sc0 ls4 wsd\">Accumulated amortisation and impairment<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3324 w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d5 y3324 w38d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d6 y3324 w38e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d7 y3324 w38f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>114<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3325 w390 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d8 y3325 w391 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(48<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d9 y3325 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6da y3325 w392 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3326 w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6db y3326 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6dc y3326 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6dd y3326 w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3327 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6de y3327 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6df y3327 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y3327 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3328 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e1 y3328 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e2 y3328 w237 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e3 y3328 w395 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3329 w396 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>et b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e4 y3329 w397 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x626 y3329 w398 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e5 y3329 w15d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8 ws7\">477<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w399 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x6e6 y31cc wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w39a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x5f2 y312a w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">420<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span><table class=\"s w39b h161\" id=\"_dad500e1-c60f-45e3-b46b-0e16998cca5f\"><tr><td></td><td class=\"t m1 x5b9 h11 y332a ff11f fs2 fc0 sc0 ls39 ws1c\">Capitalised<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x667 h11 y332b ff11c fs2 fc0 sc0 ls39 ws1c\">soft<span class=\"_ _0\"></span>ware<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x5b4 h11 y332c ff11f fs2 fc0 sc0 ls3a ws46\">costs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y332c ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y332c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h11 y332d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y332d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y332e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y332f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y332f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3330 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y3331 ff11f fs6 fc0 sc0 ls1a ws2c\">Cost<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3332 w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e7 y3332 w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">450<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e8 y3332 wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e9 y3332 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">484<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3333 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ea y3333 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6eb y3333 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ec y3333 w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">121<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3334 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6cd y3334 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y3334 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ee y3334 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3335 w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ef y3335 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y3335 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f1 y3335 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3336 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x6f2 y3337 w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f3 y3337 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f4 y3337 w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3338 w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y3338 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f5 y3338 w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3338 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3339 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y333a w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f7 y333a w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>115<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f8 y333a w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f9 y333a w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _6\"></span>119<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333b w390 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fa y333b w3a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fb y333b w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fc y333b w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333c w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fd y333c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y333c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ff y333c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y333d w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x700 y333d w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y333d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x701 y333d w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y333e ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er mov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3cd y333f wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x702 y333f w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x703 y333f wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3340 w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x704 y3340 w3a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x705 y3340 w3a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x706 y3340 w3a4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w3a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ne<span class=\"_ _0\"></span>t boo<span class=\"_ _0\"></span>k valu<span class=\"_ _0\"></span>e as at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x707 y3225 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">4<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x708 y3225 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x709 y3225 w3a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">4<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w399 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x6e6 y3277 w3a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls184 ws13\">43<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w39a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o b<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 m<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x5f2 y312a w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">398<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sof<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e \u00a32<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3m o<span class=\"_ _0\"></span>f wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t we<span class=\"_ _0\"></span>re n<span class=\"_ _0\"></span>ot ye<span class=\"_ _0\"></span>t av<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r use a<span class=\"_ _0\"></span>s at 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 (31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de b<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d (\u00a3<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>m) an<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (\u00a3n<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>) as a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 (31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: (\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4m) a<span class=\"_ _0\"></span>nd (\u00a3<span class=\"_ _0\"></span>5m) r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ly).<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er m<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>al of f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ly a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at w<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e no l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>n us<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-640": {
   "value": "1<span class=\"_ _c\"></span>0 Proper<span class=\"_ _0\"></span>ty<span class=\"_ _3\"></span>, plant and<span class=\"_ _3\"></span> equipment<span class=\"_ _3ad\"> </span><table class=\"s w3aa h162\" id=\"_f3aa4e70-5a8f-4aeb-bdfb-9c11e0593b4c\"><tr><td></td><td></td><td class=\"c n x70a y3341 w3ab h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11a fs2 fc0 sc0 ls149 ws6c\">Right-of-use<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x70b y3341 w3ac h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11a fs2 fc0 sc0 ls114 wsa1\">Owned<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"t m1 x70c h1b y3342 ff11e fs2 fc0 sc0 ls35 ws42\">Office<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x348 h1b y3343 ff11a fs2 fc0 sc0 ls35 ws42\">buildings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70d h1b y3344 ff11a fs2 fc0 sc0 ls114 wsa1\">IT<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70e h1b y3345 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h1b y3346 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y3346 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70f h1b y3347 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x710 h1b y3348 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y3349 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y3349 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y334a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y334b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y334c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x711 h1b y334d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y334d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y334e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y334f ff11a fs6 fc0 sc0 ls16 ws25\">Cost<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>Valuation<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3350 w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x712 y3350 w3ad h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x713 y3350 wf5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x714 y3350 w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x715 y3350 w75 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x716 y3350 w38a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2d ws37\">579<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3351 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x717 y3351 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x718 y3351 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x719 y3351 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71a y3351 w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71b y3351 w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">216<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3302 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71c y3302 w3af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71d y3302 w3b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(57<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71e y3302 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71f y3302 w3b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x720 y3302 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3352 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x721 y3352 w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x722 y3352 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x723 y3352 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x724 y3352 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x725 y3352 w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3353 w3b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Revaluation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x726 y3353 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x727 y3353 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x728 y3353 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x729 y3353 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72a y3353 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>21)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cd w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72b y32cd w3b6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72c y32cd w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72d y32cd w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72e y32cd w2cb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls19 ws1a\">422<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x72f y32cd w7a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsc7 wsd6\">681<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3354 ff11a fs6 fc0 sc0 ls4 wsd\">Accumulated depreciation and<span class=\"_ _3\"></span> impairment<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y325a w381 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x730 y325a w20f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x731 y325a wdf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y325a w3b7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x732 y325a w3b8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x273 y325a w3b9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(25<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3355 w3ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x733 y3355 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x734 y3355 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x735 y3355 wf6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x736 y3355 w96 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">(18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x2e4 y3355 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3356 w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x737 y3356 w3bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x738 y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x739 y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73a y3356 w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73b y3356 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3357 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73c y3357 w3bc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73d y3357 w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73e y3357 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73f y3357 w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x740 y3357 w3bf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">84<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w386 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x741 y3358 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x738 y3358 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x739 y3358 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y3358 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x743 y3358 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w389 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x744 y3225 w3c0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x745 y3225 w3c1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x746 y3225 w18a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x747 y3225 w395 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x748 y3225 w178 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w396 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al n<span class=\"_ _0\"></span>et b<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x749 y312a w241 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x74a y312a w3c2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x74b y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x74c y312a w2e3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4e ws5a\">298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y312a wfc h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">433<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span><table class=\"s w3c3 h163\" id=\"_ff7781cb-c5b0-450c-b87b-f745ec1aefae\"><tr><td></td><td></td><td class=\"c n x74d y3359 w3c4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 lsc2 wsd0\">Rig<span class=\"_ _0\"></span>ht-<span class=\"_ _0\"></span>of-<span class=\"_ _0\"></span>use<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x74e y3359 w3c5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls112 ws11a\">Owned<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"t m1 x74f h11 y335a ff11c fs2 fc0 sc0 ls172 ws18f\">Office<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x750 h11 y335b ff11c fs2 fc0 sc0 ls10b ws59\">buildings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70d h11 y335c ff11f fs2 fc0 sc0 ls112 ws11a\">IT<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x751 h11 y335d ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y335e ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y335e ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70f h11 y335f ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3360 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3361 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3361 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3362 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h11 y3363 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h11 y3364 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x711 h11 y3365 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3365 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3366 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3367 ff11c fs6 fc0 sc0 ls1a ws2c\">Cost<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>Valuation<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3246 w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x753 y3246 w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">225<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x754 y3246 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">58<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58a y3246 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x755 y3246 w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">225<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x756 y3246 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3247 w382 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">Additi<span class=\"_ _0\"></span>ons<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x717 y3247 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x757 y3247 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x758 y3247 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x759 y3247 w114 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75a y3247 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3368 w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75b y3368 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75c y3368 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75d y3368 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75e y3368 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75f y3368 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3369 w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x760 y3369 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x761 y3369 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x762 y3369 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x763 y3369 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x764 y3369 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y336a ff11c fs6 fc0 sc0 ls1a ws2c\">Revaluation<span class=\"_ _3ad\"> </span></td><td class=\"c n x765 y336b w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x766 y336b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x767 y336b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x768 y336b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x769 y336b w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y336c w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76a y336c w3c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">234<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76b y336c w3ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76c y336c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76d y336c wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76e y336c wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">579<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y336d ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d dep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n an<span class=\"_ _0\"></span>d imp<span class=\"_ _0\"></span>air<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31eb w39c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76f y31eb w3cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x770 y31eb w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(3<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x771 y31eb w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x772 y31eb we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x773 y31eb w250 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w3ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fo<span class=\"_ _0\"></span>r the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x733 y31ec w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(25<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x774 y31ec w3cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x775 y31ec w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x776 y31ec w3ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x777 y31ec w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(56)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w393 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Impairme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x778 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x779 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77a y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77b y31ed w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77c y31ed w3cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w383 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Disposals<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75b y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77d y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77e y31ee we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x77f y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x780 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w39d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se du<span class=\"_ _0\"></span>e to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x781 y31ef w3d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x782 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x783 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x784 y31ef w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x785 y31ef w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w39e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x786 y31cb w3d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(94)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x787 y31cb wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x788 y31cb w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x789 y31cb w3d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78a y31cb w3d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>25<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ne<span class=\"_ _0\"></span>t boo<span class=\"_ _0\"></span>k valu<span class=\"_ _0\"></span>e as at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78b y312a w3d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78c y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78d y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78e y312a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>f-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e of ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d I<span class=\"_ _0\"></span>T, as wel<span class=\"_ _0\"></span>l as ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>cc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ed p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y wi<span class=\"_ _0\"></span>th a c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of \u00a3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3n<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>) h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>he fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Rev<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on i<span class=\"_ _0\"></span>n 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to ea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f a bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-730": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls41 ws4d gs4eb\">1<span class=\"_ _c\"></span>1 Financia<span class=\"_ _3\"></span>l inv<span class=\"_ _3\"></span>estments and inv<span class=\"_ _3\"></span>estment propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls14b ws167 gs4ec\">Note<span class=\"_ _3ad\"> </span></div><div class=\"gs4ed\"><table class=\"s w3d6 h164\" id=\"_f55fbff5-2ed9-4dbb-88fc-4bf5301d40d6\"><tr><td></td><td></td><td></td><td class=\"t m1 x78f h1b y336e ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x790 h1b y336f ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3370 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3371 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x656 h1b y3372 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3373 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3374 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x401 h1b y3375 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3376 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3377 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3378 ff11e fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed as<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y3379 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x791 y337a w3d7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x792 y337a w3d8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1d ws32\">335,466<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x793 y337a w3d9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3306 w3da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x794 y3306 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x795 y3306 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x796 y3306 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y337b ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss \u2013 de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x797 y337c w3dc h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x798 y337c w3dd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x799 y337c w3de h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y337d ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x79a y337e w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79b y337e w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79c y337e w3e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">10,290<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w3e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79d y31eb w3e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11(<span class=\"_ _6\"></span>i<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79e y31eb w3e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y31eb w3e4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79f y31eb w3e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">463,<span class=\"_ _0\"></span>360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w3e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a0 y31ec w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,032<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a1 y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y31ec w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,032<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w3e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a2 y328d w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a3 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a4 y328d w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y337f w3e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>investments<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a5 y337f w3e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a6 y337f w190 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a7 y337f w3ea h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">4<span class=\"_ _0\"></span>71,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y324c w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a9 y324c w3ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7aa y324c wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3329 w3ee h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ab y3329 w3ef h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ac y3329 w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ad y3329 w3f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">48<span class=\"_ _0\"></span>0,298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7ae y31cc wff h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7af y312a w3f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">44<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,785<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4ee\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4ef\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4f0\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls14b ws167 gs4f1\">Note<span class=\"_ _3ad\"> </span></div><div class=\"gs4f2\"><table class=\"s w3f5 h165\" id=\"_e37227ef-74b8-47f6-8001-7fbf9bfdc0da\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3380 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x667 h11 y3381 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7b0 h11 y3382 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x224 h11 y3383 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x7b1 h11 y3384 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3385 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3386 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x656 h11 y3387 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3388 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3389 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x401 h11 y338a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y338b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y338c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y338d ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y338e ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x797 y338f w379 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">66,<span class=\"_ _0\"></span>520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b2 y338f w3f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">312<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b3 y338f w3f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">378<span class=\"_ _0\"></span>,52<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3390 w3da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x771 y3390 w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b4 y3390 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y3390 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3391 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss \u2013 de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x7b5 y3392 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b6 y3392 w3f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3<span class=\"_ _0\"></span>,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b7 y3392 w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">45<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3393 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x79a y3394 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b8 y3394 w2d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b9 y3394 w3fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3395 w3fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ba y3395 w3fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11(<span class=\"_ _6\"></span>i<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bb y3395 w3fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">110<span class=\"_ _6\"></span>,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bc y3395 w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,<span class=\"_ _0\"></span>663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bd y3395 w36d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3396 w3e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7be y3396 w3ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _1\"></span>,845<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y3396 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c0 y3396 w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,845<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w3e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c1 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c3 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w401 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c4 y31c8 w402 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">11<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c5 y31c8 w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,66<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c6 y31c8 w403 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6,558<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y324c w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,6<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c7 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y324c w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w406 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c9 y31cb w407 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ca y31cb w408 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">33<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7cb y31cb w409 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7cc y31cc w40a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">36,<span class=\"_ _0\"></span>296<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7cd y312a w40b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">419<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4f3\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4f4\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs4f5\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs4f6\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls71 ws7c gs4f7\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ris<span class=\"_ _0\"></span>ks on uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>ts are bo<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risks ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are out<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ed in Note 7<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4f8\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, cas<span class=\"_ _0\"></span>h and ca<span class=\"_ _0\"></span>sh equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>: </div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs4f9\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _c\"></span>,1<span class=\"_ _c\"></span>61<span class=\"_ _c\"></span>m) of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ple<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed as col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t ne<span class=\"_ _0\"></span>t der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d as coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4fa\">are T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn gove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, A and BBB co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds and ca<span class=\"_ _0\"></span>sh (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4fb\">A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A and A<span class=\"_ _6\"></span>A cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d cash) havin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of over 44 yea<span class=\"_ _0\"></span>rs (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: over 38 year<span class=\"_ _0\"></span>s). </div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs4c7\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a35<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>7m (202<span class=\"_ _0\"></span>2: \u00a35<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>7m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>ts pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d as coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer dea<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s used as co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al are<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4fc\">T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gilt<span class=\"_ _0\"></span>s, A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>A to BBB co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds and ca<span class=\"_ _0\"></span>sh (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to BBB co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h) <span class=\"_ _3\"></span>havi<span class=\"_ _0\"></span>ng a resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4fd\">of over 4<span class=\"_ _0\"></span>4 year<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: over 88 year<span class=\"_ _0\"></span>s). </div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs4c9\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a3752<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3673m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>ts pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swap<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d as col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al are<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4fe\">T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gilt<span class=\"_ _0\"></span>s and A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to A<span class=\"_ _0\"></span>A cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gi<span class=\"_ _0\"></span>lts<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to A <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds) <span class=\"_ _3\"></span>hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of over 34 year<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4ff\">(202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: over 45 yea<span class=\"_ _0\"></span>rs). </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4cc\">Wh<span class=\"_ _0\"></span>ile pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed as col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up is en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cash flow<span class=\"_ _0\"></span>s from the as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts above<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is no <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>pay or tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c3\">cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are ne<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r pas<span class=\"_ _0\"></span>t due<span class=\"_ _0\"></span>, nor imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the fu<span class=\"_ _0\"></span>ll exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs4c4\">the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs501\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to sell or rep<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al as per th<span class=\"_ _0\"></span>e Inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al Sw<span class=\"_ _0\"></span>ap Dea<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>rs As<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs502\">has be<span class=\"_ _0\"></span>en no de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt by the own<span class=\"_ _0\"></span>er of the col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had rep<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>sh co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al wi<span class=\"_ _0\"></span>th a fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a36<span class=\"_ _0\"></span>47m </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs503\">(202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a398<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m) in <span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to fulfi<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have an <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs504\">the ca<span class=\"_ _0\"></span>sh co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al to the Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re are no oth<span class=\"_ _0\"></span>er si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ter<span class=\"_ _0\"></span>ms an<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th the use of this cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs505\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e \u00a325<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>52<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a331,5<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s that have bee<span class=\"_ _0\"></span>n sol<span class=\"_ _0\"></span>d but no<span class=\"_ _0\"></span>t der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d and are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs506\">agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Risk<span class=\"_ _0\"></span>s and rewa<span class=\"_ _0\"></span>rds of the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to repu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts is </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs507\">in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Payab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>te 24). </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs508\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n those ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths an<span class=\"_ _0\"></span>d afte<span class=\"_ _0\"></span>r 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths in lin<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs509\">se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of the backe<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts in exce<span class=\"_ _0\"></span>ss of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs50a\">se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs50b\">(i) F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls114 wsa1 gs50c\">Notes<span class=\"_ _3ad\"> </span></div><div class=\"gs50d\"><table class=\"s w40c h166\" id=\"_664a9b9d-2ffd-4c13-bdae-60498cfcf6e7\"><tr><td></td><td></td><td></td><td class=\"t m1 x67e h1b y3397 ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x67f h1b y3398 ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x539 h1b y3399 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y339a ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x242 h1b y339b ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y339c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y339d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x243 h1b y339e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y339f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y33a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y33a1 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ce y33a1 w40e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7cf y33a1 wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d0 y33a1 w40f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">185<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a2 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7d1 y33a2 w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,<span class=\"_ _0\"></span>298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d2 y33a2 w411 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d3 y33a2 w412 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>25,948<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a3 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d4 y33a3 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d5 y33a3 w415 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>019<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d6 y33a3 w416 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d7 y33a3 w417 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7d8 y31f6 w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f6 w419 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d9 y31f6 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">10,290<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w41a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7da y31cb w41b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7db y31cb w3e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7dc y31cb w3e5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">46<span class=\"_ _0\"></span>3,360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y31f8 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a9 y31f8 w3ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7aa y31f8 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7dd y312a w3ef h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7de y312a w41c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsbe wsce\">350,6<span class=\"_ _0\"></span>68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7df y312a w41d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls39 ws1c\">47<span class=\"_ _3\"></span>2,25<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls114 wsa1 gs50e\">Notes<span class=\"_ _3ad\"> </span></div><div class=\"gs50f\"><table class=\"s w41e h167\" id=\"_714989c3-c60f-4f33-9fd2-42399197080b\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h11 y33a4 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y33a5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67e h11 y33a6 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33a7 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x67f h11 y33a8 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y33a9 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33aa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x242 h11 y33ab ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ac ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ad ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x243 h11 y33ae ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33af ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33b0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y33b1 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ce y33b1 w41f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,0<span class=\"_ _0\"></span>71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e0 y33b1 w420 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _c\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e1 y33b1 w421 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">16<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e2 y328d w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e3 y328d w423 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e4 y328d w424 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d4 y31c8 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e5 y31c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e6 y31c8 w425 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e7 y31c8 w426 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">4<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e8 y324c w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e9 y324c w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ea y324c w3fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w429 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Financial inv<span class=\"_ _3\"></span>estme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7eb y31cb w42a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ec y31cb w42b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ed y31cb w42c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y31cc w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,6<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c7 y31cc w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y31cc w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w42d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ee y312a w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ef y312a w408 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">33<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f0 y312a w42f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8,084<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs510\">In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are \u00a3162m (202<span class=\"_ _0\"></span>2: \u00a3187m<span class=\"_ _3\"></span>) of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te an emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve lin<span class=\"_ _0\"></span>ked to the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs511\">valu<span class=\"_ _0\"></span>e of the Gro<span class=\"_ _0\"></span>up\u2019s shar<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>(ii) Fair<span class=\"_ _3\"></span> value hierarchy Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low bre<span class=\"_ _0\"></span>aks dow<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y by fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>y level<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h168\" id=\"_826b67a9-f3da-4b1d-8c74-6bdb909f9aeb\"><tr><td></td><td class=\"t m1 x5e3 h1b y33b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y33b4 ff11a fs6 fc0 sc0 ls22 ws27\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f3 y33b5 w430 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f4 y33b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f5 y33b5 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f6 y33b5 w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f7 y32c8 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f8 y32c8 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f9 y32c8 w432 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fa y32c8 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fb y32ca w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fc y32ca w433 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fd y32ca w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y32ca w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x801 y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x802 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x804 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x805 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b8 w435 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Shareholder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x806 y33b8 w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">121,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x807 y33b8 w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y33b8 w434 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x809 y33b8 w437 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>891<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y33b9 ff11a fs6 fc0 sc0 ls8 ws2c\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y3220 w438 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80b y3220 w439 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">182<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3220 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3220 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80d y33ba w1fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80e y33ba w43a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">9<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80f y33ba w3d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x810 y33ba w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,028<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bb w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x811 y33bb w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x812 y33bb wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x813 y33bb wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y33bb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x816 y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33bd w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81a y33bd w43b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33be w43c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Unit linked<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81b y33be w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81c y33be w1fb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">274,370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81d y33be w43d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls180 ws1a2\">7<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81e y33be w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">4,857<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bf w43f h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81f y33bf w440 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls39 ws1c\">472<span class=\"_ _3\"></span>,253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x820 y33bf w441 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _6\"></span>01,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x821 y33bf w442 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y33bf w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c0 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x823 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x824 y33c1 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x825 y33c1 w30e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x826 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c2 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x827 y33c3 w394 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x828 y33c3 w122 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x829 y33c3 w11b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82a y33c3 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h169\" id=\"_6d3b8742-93fc-4fdc-a4b5-7674c458e0bd\"><tr><td></td><td class=\"t m1 x5e3 h11 y33c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x455 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x227 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y33c6 ff11f fs6 fc0 sc0 ls4 ws3\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y33b5 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82c y33b5 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6e8 y33b5 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y33b5 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c7 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82e y33c7 w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82f y33c7 w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x830 y33c7 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x831 y33c7 w415 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x832 y33c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x833 y33c8 w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x834 y33c8 wff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _6\"></span>87<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x835 y33c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321b w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x836 y321b w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y321b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x838 y321b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y321b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c9 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33c9 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y33c9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83b y33c9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83c y33c9 w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ca w448 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal Share<span class=\"_ _0\"></span>holder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83d y33ca w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83e y33ca w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83f y33ca w44a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x840 y33ca w44b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">22,<span class=\"_ _0\"></span>832<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33cb ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33cc w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y33cc w44c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _1\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x841 y33cc w44d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">163,727<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x842 y33cc wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y33cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cd w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x844 y33cd w44e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">14<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x845 y33cd w44f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">105<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x846 y33cd w450 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x847 y33cd w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ce w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x848 y33ce w4c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y33ce w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84a y33ce w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33ce w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84c y33cf w452 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84d y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84e y33cf w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84f y33d0 w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x850 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x851 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y33d0 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w454 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x853 y33d1 w455 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">332<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x854 y33d1 w456 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">269<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y33d1 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x621 y33d1 w457 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x856 y33d1 w458 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">5,<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d2 w459 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x857 y33d2 w45a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>48,08<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x858 y33d2 w45b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">288<span class=\"_ _0\"></span>,42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x859 y33d2 w45c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85a y33d2 w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d3 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y31cc wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x85d y31cc w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85e y31cc wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d4 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x860 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x861 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x862 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t on t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>t a tot<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>7,8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e level<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 1<span class=\"_ _c\"></span>: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>una<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>) in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts for ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 2: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s for all inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Level 1 that ar<span class=\"_ _0\"></span>e obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for the asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y (i.e. as pric<span class=\"_ _0\"></span>es) or indi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly (i.e<span class=\"_ _0\"></span>. der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pric<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3: fair valu<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es for any in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t for the ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the mea<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t is not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t data (unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs523\">(a<span class=\"_ _c\"></span>) Leve<span class=\"_ _0\"></span>l 2 asse<span class=\"_ _0\"></span>ts mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r value<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs524\">Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Level 2 asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as IHS Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t, IC<span class=\"_ _0\"></span>E and Bl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, or Ind<span class=\"_ _0\"></span>ex Prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs525\">su<span class=\"_ _0\"></span>ch as Bar<span class=\"_ _0\"></span>clay<span class=\"_ _0\"></span>s, Me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ll L<span class=\"_ _3\"></span>y<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h or JPM<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>n. Ea<span class=\"_ _0\"></span>ch use<span class=\"_ _0\"></span>s math<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g and mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e sour<span class=\"_ _0\"></span>ce val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in ord<span class=\"_ _0\"></span>er to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs526\">pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of OTC Deri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s; OTCs are mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t usin<span class=\"_ _0\"></span>g an in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e syste<span class=\"_ _0\"></span>m (Lo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ard O<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>n), <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal ve<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>r (IH<span class=\"_ _0\"></span>S </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs527\">Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it), in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el or Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ks. In nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, we woul<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r these ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs528\">pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. Fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th our pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and a numb<span class=\"_ _0\"></span>er of the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g bro<span class=\"_ _0\"></span>ker<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e not </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs529\">fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>ket and have the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>m as Level 2.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs52a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pol<span class=\"_ _0\"></span>icy is to re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>s cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts at the en<span class=\"_ _0\"></span>d of each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls at<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls79 wsbd gs52b\">tha<span class=\"_ _0\"></span>t poin<span class=\"_ _0\"></span>t in time. At 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s totall<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g net \u00a30.7bn (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a36.0<span class=\"_ _0\"></span>bn) tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m Level 2 <span class=\"_ _3\"></span>to Level 1 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs52c\">(b) Level 3 asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs52d\">Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs52e\">un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le bro<span class=\"_ _0\"></span>ker. Unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in priva<span class=\"_ _0\"></span>te equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs52f\">veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>ate loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ips<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs530\">life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs531\">In many si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y may fall into dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>vels of the fai<span class=\"_ _0\"></span>r value hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy. In these<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs532\">si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es the le<span class=\"_ _0\"></span>vel in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e falls bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e lowes<span class=\"_ _0\"></span>t level in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t is signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs533\">fai<span class=\"_ _0\"></span>r value<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts may be use<span class=\"_ _0\"></span>d in the dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion of fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs534\">Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs535\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>s the fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs536\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>s fair valu<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d at the app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>. As appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ues re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs537\">adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and ris<span class=\"_ _0\"></span>k marg<span class=\"_ _0\"></span>ins on un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs538\">Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct to a cont<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t inp<span class=\"_ _0\"></span>ut var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and ou<span class=\"_ _0\"></span>tp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt of the ris<span class=\"_ _0\"></span>k take<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs539\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d and app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e and valid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y as appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _3ad\"> </span></div><div class=\"gs53a\"><table class=\"s w45f h16a\" id=\"_bafd526a-a6a3-4401-a3a2-0012d656383a\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x6a3 h11 y33d5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x863 h1b y33d6 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x711 h11 y33d7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x864 h1b y33d8 ff11a fs2 fc0 sc0 ls10b ws59\">Equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x865 h1b y33d9 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x866 h1b y33da ff11a fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x335 h11 y33db ff11c fs2 fc0 sc0 ls39 ws1c\">Equit<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h11 y33dc ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x868 h11 y33dd ff11c fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33de ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x869 h1b y33df ff11a fs2 fc0 sc0 ls149 ws6c\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86a h1b y33e0 ff11a fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86b h1b y33e1 ff11a fs2 fc0 sc0 ls10b ws59\">propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33e2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y33e3 ff11f fs2 fc0 sc0 ls3a ws46\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y33e4 ff11c fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y33e5 ff11c fs2 fc0 sc0 ls3a ws46\">proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33e6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y33e7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y33e8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y33e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y33eb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y33ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y33ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y33f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y33f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y33f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y33f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y33f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x86f y32cf w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x870 y32cf w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>42<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x871 y32cf w461 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x872 y32cf w462 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x873 y32cf w463 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x874 y32cf wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x875 y32cf w464 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x876 y32cf w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>8,7<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y33f7 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) for the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x3a9 ha y33f8 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 real<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x877 y31eb w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x878 y31eb w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x879 y31eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87a y31eb w467 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87b y31eb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87c y31eb w468 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _6\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87d y31eb w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87e y31eb w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y33f9 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 unr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x356 y31ec w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87f y31ec w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">357<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x880 y31ec w46c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(92<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x881 y31ec w46d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x882 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x883 y31ec w46f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x884 y31ec w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x885 y31ec w3e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w471 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Purchases/A<span class=\"_ _3\"></span>dditions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x886 y31ed w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x887 y31ed w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y31ed w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x889 y31ed w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88a y31ed w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88b y31ed w193 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">10,<span class=\"_ _3\"></span>922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88c y31ed w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y31ed w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w475 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Disposals/De<span class=\"_ _0\"></span>recog<span class=\"_ _0\"></span>nitions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88d y31ee w476 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88e y31ee w477 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88f y31ee w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x890 y31ee w478 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,021<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x891 y31ee w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y31ee w47a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x893 y31ee w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x894 y31ee w47c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">(7<span class=\"_ _c\"></span>,666)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w47d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x895 y31ef w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x896 y31ef w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x897 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x898 y31ef w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">243<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x899 y31ef w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89a y31ef w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89c y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w480 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>t of Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89d y31cb w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a0 y31cb w482 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a1 y31cb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a2 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y31cb w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a5 y31cc w485 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a6 y31cc w486 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a7 y31cc w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a8 y31cc w487 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a9 y31cc w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8aa y31cc w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ab y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ac y312a w488 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,39<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ad y312a w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">20,<span class=\"_ _0\"></span>463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ae y312a w489 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8af y312a w48a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b0 y312a w107 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b1 y312a w48b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">16,<span class=\"_ _0\"></span>421<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b2 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b3 y312a w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs53b\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs53c\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs53d\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd u<span class=\"_ _0\"></span>nr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s/(<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls38 ws6a gs202\">Equit<span class=\"_ _0\"></span>y secur<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs203\">Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>2m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>307m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is mad<span class=\"_ _0\"></span>e up of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs390\">pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d at the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the Net As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs204\">eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ird pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch are of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs391\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bu<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>n also de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cs of ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on valu<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs206\">ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is of mile<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ne ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>evem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt and ca<span class=\"_ _0\"></span>sh ru<span class=\"_ _0\"></span>nway for ear<span class=\"_ _0\"></span>ly/sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flow mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s for inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at the nex<span class=\"_ _6\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs392\">st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>gs mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es for mo<span class=\"_ _0\"></span>re mat<span class=\"_ _0\"></span>ure inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span></div>Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e (L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M) loa<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ges am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a35,<span class=\"_ _0\"></span>766m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>gag<span class=\"_ _0\"></span>es are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l by proj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te net ass<span class=\"_ _0\"></span>et pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>tes infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d from cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. Th<span class=\"_ _0\"></span>e infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d illiq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms for th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0 and 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps. T<span class=\"_ _0\"></span>his en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>e value of loan<span class=\"_ _0\"></span>s at out<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th the pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce of the loan an<span class=\"_ _0\"></span>d ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n new and in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e a no nega<span class=\"_ _0\"></span>tive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee (N<span class=\"_ _0\"></span>NEG) to borr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. This en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at if the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fall be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e sale pro<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g loan bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> on re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the loan<span class=\"_ _0\"></span>, the valu<span class=\"_ _0\"></span>e of the loan wil<span class=\"_ _0\"></span>l be red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed by this am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e NNEG on lo<span class=\"_ _0\"></span>an red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is value<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of put op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch we cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nt of the Blac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>es for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>. Key assum<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>dex vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ear<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 3<span class=\"_ _3\"></span>1 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a com<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m and lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>fla<span class=\"_ _0\"></span>t rate of 2.8<span class=\"_ _0\"></span>% annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, afte<span class=\"_ _0\"></span>r all<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of dilap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The valu<span class=\"_ _0\"></span>es of the pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan<span class=\"_ _0\"></span>s are upd<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the date of the last pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date by inde<span class=\"_ _0\"></span>xin<span class=\"_ _0\"></span>g usi<span class=\"_ _0\"></span>ng UK re<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l hous<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loan<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns) <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a310,5<span class=\"_ _0\"></span>7<span class=\"_ _3\"></span>4m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>8m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows whi<span class=\"_ _0\"></span>ch are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e yiel<span class=\"_ _0\"></span>d cur<span class=\"_ _6\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e LGIM ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oved co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l spre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by IHS<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it wh<span class=\"_ _0\"></span>o also pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e an ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t go into th<span class=\"_ _0\"></span>e dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>tor, sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r, per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce dy<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pri<span class=\"_ _0\"></span>vate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h were<span class=\"_ _0\"></span> exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted as far bac<span class=\"_ _0\"></span>k as 201<span class=\"_ _c\"></span>1, <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are fixe<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. The wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio is 7<span class=\"_ _c\"></span>.8 year<span class=\"_ _0\"></span>s, wi<span class=\"_ _0\"></span>th a weigh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge life of 1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>.<span class=\"_ _c\"></span>1 year<span class=\"_ _0\"></span>s. Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd ou<span class=\"_ _0\"></span>t to 206<span class=\"_ _0\"></span>3. The pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ate cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by an inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it tea<span class=\"_ _0\"></span>m in line wi<span class=\"_ _0\"></span>th inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to <span class=\"_ _3\"></span>B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>-.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e US bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a31,68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>ey are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a pric<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g matr<span class=\"_ _0\"></span>ix co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>a pub<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d matr<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to each hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m spre<span class=\"_ _0\"></span>ad mat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e are add<span class=\"_ _0\"></span>ed to the ris<span class=\"_ _0\"></span>k-fr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s and est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h a marke<span class=\"_ _0\"></span>t value for ea<span class=\"_ _0\"></span>ch inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>vate pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 20 and 70b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>ts amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>4m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to Kni<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t Fran<span class=\"_ _0\"></span>k and CB<span class=\"_ _0\"></span>RE wh<span class=\"_ _0\"></span>o app<span class=\"_ _0\"></span>ly a yie<span class=\"_ _0\"></span>ld to matur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d futu<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>sh flows to der<span class=\"_ _0\"></span>ive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>all valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ta<span class=\"_ _0\"></span>kes into ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y loc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>s, ten<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e, re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l br<span class=\"_ _0\"></span>eak ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, lea<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 4% and 7% and es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s (ER<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n \u00a318 <span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>nd \u00a3<span class=\"_ _0\"></span>31<span class=\"_ _3\"></span>0 pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a378<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>768m) and are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k for per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng loa<span class=\"_ _0\"></span>ns at the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> leve<span class=\"_ _0\"></span>l and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for loans id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to be dist<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at the loa<span class=\"_ _0\"></span>n level<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h loa<span class=\"_ _0\"></span>n are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g stoc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate pat<span class=\"_ _0\"></span>hs and ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lus<span class=\"_ _0\"></span>ive of an Opti<span class=\"_ _0\"></span>on Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Spr<span class=\"_ _0\"></span>ead (OAS), de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng on new lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20 and 30<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch are no<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>ed in an ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>49m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3217m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>ey have be<span class=\"_ _0\"></span>en valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e due to infre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a38<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>89<span class=\"_ _0\"></span>3m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2m) is value<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of exte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. All pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the UK ar<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed ou<span class=\"_ _0\"></span>t in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e lates<span class=\"_ _0\"></span>t ed<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of the Valuat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n St<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds pu<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Royal Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te of Char<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>veyor<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and are<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs as de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Ou<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e UK<span class=\"_ _0\"></span>, val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofess<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs in th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d. Wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ns the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s the valu<span class=\"_ _0\"></span>er to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In thi<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs mu<span class=\"_ _0\"></span>st us<span class=\"_ _0\"></span>e thei<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> kn<span class=\"_ _0\"></span>owl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e and profe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and not re<span class=\"_ _0\"></span>ly on<span class=\"_ _0\"></span>ly up<span class=\"_ _0\"></span>on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>d on his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es als<span class=\"_ _0\"></span>o incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h that is base<span class=\"_ _0\"></span>d on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ren<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me pl<span class=\"_ _0\"></span>us an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d upli<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the up<span class=\"_ _0\"></span>lif<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rates ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m rates im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 3% and 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>% and ER<span class=\"_ _0\"></span>V bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n \u00a35 and \u00a3310 <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y by sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w48c h16b\" id=\"_08c81f94-d2f7-48cb-86dd-dfc837a9388c\"><tr><td></td><td class=\"t m1 x225 h1b y33fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y33fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y33fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b4 y31ec w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y31ec w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w48d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Leisure<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y31ed w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b7 y31ed w48e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w48f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Distribution<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b8 y31ee w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b9 y31ee w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w490 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e spa<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ba y324c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _6\"></span>,76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y324c w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>069<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w492 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y31cb w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y31cb w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w494 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Accommodation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y31cc w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">1,<span class=\"_ _0\"></span>715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bf y312a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y312a w496 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr></table><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs56e\">(c<span class=\"_ _c\"></span>) Ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct of ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s on Level 3 asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs56f\">Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e, in ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t are not<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs570\">evi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the sa<span class=\"_ _0\"></span>me ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d are not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs571\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fair valu<span class=\"_ _0\"></span>es of Level 3 inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in uno<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs572\">ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow sho<span class=\"_ _0\"></span>ws the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of Level 3 asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs573\">dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re on how th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d can be fou<span class=\"_ _0\"></span>nd in the de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"gs574\"><table class=\"s w497 h16c\" id=\"_17552286-2c79-4b2c-8609-9b3cc403f3da\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y33fc ff11a fs2 fc0 sc0 ls114 wsa1\">Sensitivities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8c0 h1b y33fd ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h1b y33fe ff11a fs2 fc0 sc0 ls114 wsa1\">Positive<span class=\"_ _3\"></span> </td><td class=\"t m1 x1df h1b y33ff ff11a fs2 fc0 sc0 ls172 ws18f\">Negativ<span class=\"_ _3\"></span>e </td></tr><tr><td></td><td class=\"t m1 x33d h1b y3400 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y3401 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td><td class=\"t m1 x1eb h1b y3402 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 x711 h1b y3403 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3404 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3405 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3357 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c1 y3357 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c2 y3357 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">262<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y3357 w499 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w49a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ios<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c4 y3358 w49b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>3,042<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y3358 w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c6 y3358 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c7 y31e5 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c8 y31e5 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">7<span class=\"_ _0\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c9 y31e5 w49c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3406 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x2a3 y31cc w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>047<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ca y31cc w49d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cb y31cc w49e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w49f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al L<span class=\"_ _0\"></span>evel 3 a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cc y312a w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cd y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ce y312a w4a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>012<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs575\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs576\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 3 eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ip a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs577\">Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a sing<span class=\"_ _0\"></span>le var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the asse<span class=\"_ _0\"></span>t, bu<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a func<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of flexi<span class=\"_ _0\"></span>ng mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs578\">fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n at indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l. Th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sets ou<span class=\"_ _0\"></span>t a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>key fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>, and how th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n flexe<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs579\">rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls7a ws80 gs57a\">Lifetime mortgage<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs57b\">Key assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are lis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _c\"></span>1(ii)(<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve the valu<span class=\"_ _0\"></span>es in the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs57c\">ab<span class=\"_ _0\"></span>ove tabl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y by valu<span class=\"_ _0\"></span>e is -20b<span class=\"_ _0\"></span>ps of marke<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ead an<span class=\"_ _0\"></span>d over<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs57d\">whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>2m and \u00a3(1<span class=\"_ _3\"></span>91<span class=\"_ _3\"></span>)m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls3 ws6c gs57e\">Private<span class=\"_ _3\"></span> credit por<span class=\"_ _0\"></span>tfolios<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs57f\">Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io has be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d whic<span class=\"_ _0\"></span>h es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad valu<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs580\">as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of each ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch as cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs581\">use<span class=\"_ _0\"></span>d to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>s for the pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to be <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>wer for hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs582\">ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts as com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ed to lowe<span class=\"_ _0\"></span>r rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. A signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of the spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs583\">is in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to the sele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of the basket of rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs584\">res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t it may at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al of 20b<span class=\"_ _0\"></span>ps on the sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds as </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs585\">op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion BB<span class=\"_ _0\"></span>B rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed in iso<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad in com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor bo<span class=\"_ _0\"></span>nd sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs586\">res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed val<span class=\"_ _0\"></span>ues of \u00a32<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d \u00a3(220)<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5d ws68 gs587\">Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs588\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ngs ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s on the basis of ope<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue as defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed in the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>al and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n manu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs589\">of the Royal In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>te of Cha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Sur<span class=\"_ _6\"></span>veyo<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h, se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of asse<span class=\"_ _0\"></span>t level an<span class=\"_ _0\"></span>d por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o level me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs58a\">whi<span class=\"_ _0\"></span>ch ma<span class=\"_ _0\"></span>ke refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>t do not flex in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d by the ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs58b\">in valu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>. Eac<span class=\"_ _0\"></span>h met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y and ag<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l sens<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs58c\">the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio. O<span class=\"_ _0\"></span>ne me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d is simi<span class=\"_ _0\"></span>lar to that use<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o as it dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of an alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ate pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs58d\">refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m and oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. In this me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y we <span class=\"_ _3\"></span>wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r yie<span class=\"_ _0\"></span>ld se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs58e\">hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/or shor<span class=\"_ _6\"></span>te<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>low<span class=\"_ _0\"></span>er ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs58f\">ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>25 year<span class=\"_ _0\"></span>s in nor<span class=\"_ _0\"></span>mal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns thi<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d lead to a <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5b<span class=\"_ _0\"></span>ps yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d flex (<span class=\"_ _3\"></span>as opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to a <span class=\"_ _3\"></span>35<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s yie<span class=\"_ _0\"></span>ld flex for a BBB<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs590\">ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th 30 year re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y whic<span class=\"_ _0\"></span>h lead<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date is rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to an </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs591\">exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e in case law whe<span class=\"_ _0\"></span>re it was fou<span class=\"_ _0\"></span>nd tha<span class=\"_ _0\"></span>t an acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in of err<span class=\"_ _0\"></span>or in a valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te is 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r way, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bei<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs592\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n with du<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e. If this sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y were to be taken wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng it wou<span class=\"_ _0\"></span>ld pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a3594<span class=\"_ _0\"></span>m and \u00a3(59<span class=\"_ _0\"></span>4)m<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs593\">It sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld be note<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t some se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove are non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d larg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or small<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not be inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs594\">fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>se resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs595\">(ii<span class=\"_ _0\"></span>i) I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs596\">GB<span class=\"_ _0\"></span>P LIB<span class=\"_ _0\"></span>OR was re<span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by SON<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>A from the e<span class=\"_ _0\"></span>nd of 2021, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d US<span class=\"_ _0\"></span>D LIB<span class=\"_ _0\"></span>OR was re<span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by SOF<span class=\"_ _0\"></span>R at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3. Eur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>or wil<span class=\"_ _0\"></span>l rema<span class=\"_ _0\"></span>in bu<span class=\"_ _0\"></span>t will<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs597\">be adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed by the Eur<span class=\"_ _0\"></span>o Mon<span class=\"_ _0\"></span>ey Mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>ts Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te (EM<span class=\"_ _0\"></span>MI<span class=\"_ _0\"></span>). </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs598\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ed away fro<span class=\"_ _0\"></span>m GBP LI<span class=\"_ _0\"></span>BO<span class=\"_ _0\"></span>R by 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2021, with on<span class=\"_ _0\"></span>ly a few remai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>oss cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y posi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h matu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d and rol<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs599\">of<span class=\"_ _0\"></span>f in Marc<span class=\"_ _0\"></span>h 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of fixed to floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate no<span class=\"_ _0\"></span>tes re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>ll the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs59a\">bef<span class=\"_ _0\"></span>ore th<span class=\"_ _0\"></span>ey co<span class=\"_ _0\"></span>nver<span class=\"_ _6\"></span>t to <span class=\"_ _3\"></span>flo<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng or the flo<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>te will be am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d via the co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t soli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss. Th<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on away from U<span class=\"_ _0\"></span>SD LI<span class=\"_ _0\"></span>BO<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs59b\">co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ahea<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>J<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>e 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentPropertyExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-697": {
   "value": "1<span class=\"_ _c\"></span>1 Financia<span class=\"_ _3\"></span>l inv<span class=\"_ _3\"></span>estments and inv<span class=\"_ _3\"></span>estment propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>Note<span class=\"_ _3ad\"> </span><table class=\"s w3d6 h164\" id=\"_f55fbff5-2ed9-4dbb-88fc-4bf5301d40d6\"><tr><td></td><td></td><td></td><td class=\"t m1 x78f h1b y336e ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x790 h1b y336f ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3370 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3371 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x656 h1b y3372 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3373 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3374 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x401 h1b y3375 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3376 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3377 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3378 ff11e fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed as<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y3379 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x791 y337a w3d7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x792 y337a w3d8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1d ws32\">335,466<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x793 y337a w3d9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3306 w3da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x794 y3306 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x795 y3306 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x796 y3306 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y337b ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss \u2013 de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x797 y337c w3dc h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x798 y337c w3dd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x799 y337c w3de h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y337d ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x79a y337e w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79b y337e w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79c y337e w3e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">10,290<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w3e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79d y31eb w3e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11(<span class=\"_ _6\"></span>i<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79e y31eb w3e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y31eb w3e4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79f y31eb w3e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">463,<span class=\"_ _0\"></span>360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w3e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a0 y31ec w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,032<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a1 y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y31ec w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,032<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w3e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a2 y328d w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a3 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a4 y328d w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y337f w3e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>investments<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a5 y337f w3e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a6 y337f w190 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a7 y337f w3ea h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">4<span class=\"_ _0\"></span>71,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y324c w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a9 y324c w3ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7aa y324c wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3329 w3ee h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ab y3329 w3ef h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ac y3329 w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ad y3329 w3f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">48<span class=\"_ _0\"></span>0,298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7ae y31cc wff h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7af y312a w3f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">44<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,785<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Note<span class=\"_ _3ad\"> </span><table class=\"s w3f5 h165\" id=\"_e37227ef-74b8-47f6-8001-7fbf9bfdc0da\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3380 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x667 h11 y3381 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7b0 h11 y3382 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x224 h11 y3383 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x7b1 h11 y3384 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3385 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3386 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x656 h11 y3387 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3388 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3389 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x401 h11 y338a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y338b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y338c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y338d ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y338e ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x797 y338f w379 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">66,<span class=\"_ _0\"></span>520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b2 y338f w3f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">312<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b3 y338f w3f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">378<span class=\"_ _0\"></span>,52<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3390 w3da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x771 y3390 w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b4 y3390 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y3390 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3391 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss \u2013 de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x7b5 y3392 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b6 y3392 w3f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3<span class=\"_ _0\"></span>,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b7 y3392 w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">45<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3393 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x79a y3394 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b8 y3394 w2d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b9 y3394 w3fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3395 w3fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ba y3395 w3fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11(<span class=\"_ _6\"></span>i<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bb y3395 w3fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">110<span class=\"_ _6\"></span>,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bc y3395 w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,<span class=\"_ _0\"></span>663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bd y3395 w36d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3396 w3e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7be y3396 w3ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _1\"></span>,845<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y3396 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c0 y3396 w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,845<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w3e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c1 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c3 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w401 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c4 y31c8 w402 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">11<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c5 y31c8 w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,66<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c6 y31c8 w403 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6,558<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y324c w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,6<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c7 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y324c w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w406 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c9 y31cb w407 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ca y31cb w408 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">33<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7cb y31cb w409 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7cc y31cc w40a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">36,<span class=\"_ _0\"></span>296<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7cd y312a w40b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">419<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ris<span class=\"_ _0\"></span>ks on uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>ts are bo<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risks ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are out<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ed in Note 7<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, cas<span class=\"_ _0\"></span>h and ca<span class=\"_ _0\"></span>sh equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>: \u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _c\"></span>,1<span class=\"_ _c\"></span>61<span class=\"_ _c\"></span>m) of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ple<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed as col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t ne<span class=\"_ _0\"></span>t der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d as coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l </span>are T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn gove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, A and BBB co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds and ca<span class=\"_ _0\"></span>sh (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A and A<span class=\"_ _6\"></span>A cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d cash) havin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of over 44 yea<span class=\"_ _0\"></span>rs (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: over 38 year<span class=\"_ _0\"></span>s). \u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a35<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>7m (202<span class=\"_ _0\"></span>2: \u00a35<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>7m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>ts pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d as coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer dea<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s used as co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al are<span class=\"_ _0\"></span> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gilt<span class=\"_ _0\"></span>s, A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>A to BBB co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds and ca<span class=\"_ _0\"></span>sh (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to BBB co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h) <span class=\"_ _3\"></span>havi<span class=\"_ _0\"></span>ng a resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> of over 4<span class=\"_ _0\"></span>4 year<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: over 88 year<span class=\"_ _0\"></span>s). \u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a3752<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3673m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>ts pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swap<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d as col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al are<span class=\"_ _0\"></span> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gilt<span class=\"_ _0\"></span>s and A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to A<span class=\"_ _0\"></span>A cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gi<span class=\"_ _0\"></span>lts<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to A <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds) <span class=\"_ _3\"></span>hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of over 34 year<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: over 45 yea<span class=\"_ _0\"></span>rs). Wh<span class=\"_ _0\"></span>ile pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed as col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up is en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cash flow<span class=\"_ _0\"></span>s from the as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts above<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is no <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>pay or tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are ne<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r pas<span class=\"_ _0\"></span>t due<span class=\"_ _0\"></span>, nor imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the fu<span class=\"_ _0\"></span>ll exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to sell or rep<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al as per th<span class=\"_ _0\"></span>e Inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al Sw<span class=\"_ _0\"></span>ap Dea<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>rs As<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e has be<span class=\"_ _0\"></span>en no de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt by the own<span class=\"_ _0\"></span>er of the col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had rep<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>sh co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al wi<span class=\"_ _0\"></span>th a fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a36<span class=\"_ _0\"></span>47m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a398<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m) in <span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to fulfi<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have an <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span> the ca<span class=\"_ _0\"></span>sh co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al to the Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re are no oth<span class=\"_ _0\"></span>er si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ter<span class=\"_ _0\"></span>ms an<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th the use of this cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e \u00a325<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>52<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a331,5<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s that have bee<span class=\"_ _0\"></span>n sol<span class=\"_ _0\"></span>d but no<span class=\"_ _0\"></span>t der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d and are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Risk<span class=\"_ _0\"></span>s and rewa<span class=\"_ _0\"></span>rds of the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to repu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts is in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Payab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>te 24). Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n those ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths an<span class=\"_ _0\"></span>d afte<span class=\"_ _0\"></span>r 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths in lin<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of the backe<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts in exce<span class=\"_ _0\"></span>ss of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>(i) F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w40c h166\" id=\"_664a9b9d-2ffd-4c13-bdae-60498cfcf6e7\"><tr><td></td><td></td><td></td><td class=\"t m1 x67e h1b y3397 ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x67f h1b y3398 ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x539 h1b y3399 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y339a ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x242 h1b y339b ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y339c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y339d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x243 h1b y339e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y339f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y33a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y33a1 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ce y33a1 w40e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7cf y33a1 wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d0 y33a1 w40f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">185<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a2 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7d1 y33a2 w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,<span class=\"_ _0\"></span>298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d2 y33a2 w411 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d3 y33a2 w412 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>25,948<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a3 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d4 y33a3 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d5 y33a3 w415 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>019<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d6 y33a3 w416 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d7 y33a3 w417 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7d8 y31f6 w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f6 w419 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d9 y31f6 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">10,290<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w41a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7da y31cb w41b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7db y31cb w3e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7dc y31cb w3e5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">46<span class=\"_ _0\"></span>3,360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y31f8 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a9 y31f8 w3ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7aa y31f8 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7dd y312a w3ef h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7de y312a w41c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsbe wsce\">350,6<span class=\"_ _0\"></span>68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7df y312a w41d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls39 ws1c\">47<span class=\"_ _3\"></span>2,25<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>Notes<span class=\"_ _3ad\"> </span><table class=\"s w41e h167\" id=\"_714989c3-c60f-4f33-9fd2-42399197080b\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h11 y33a4 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y33a5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67e h11 y33a6 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33a7 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x67f h11 y33a8 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y33a9 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33aa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x242 h11 y33ab ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ac ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ad ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x243 h11 y33ae ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33af ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33b0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y33b1 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ce y33b1 w41f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,0<span class=\"_ _0\"></span>71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e0 y33b1 w420 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _c\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e1 y33b1 w421 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">16<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e2 y328d w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e3 y328d w423 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e4 y328d w424 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d4 y31c8 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e5 y31c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e6 y31c8 w425 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e7 y31c8 w426 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">4<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e8 y324c w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e9 y324c w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ea y324c w3fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w429 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Financial inv<span class=\"_ _3\"></span>estme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7eb y31cb w42a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ec y31cb w42b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ed y31cb w42c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y31cc w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,6<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c7 y31cc w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y31cc w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w42d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ee y312a w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ef y312a w408 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">33<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f0 y312a w42f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8,084<span class=\"_ _3ad\"> </span></div></td></tr></table>In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are \u00a3162m (202<span class=\"_ _0\"></span>2: \u00a3187m<span class=\"_ _3\"></span>) of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te an emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve lin<span class=\"_ _0\"></span>ked to the valu<span class=\"_ _0\"></span>e of the Gro<span class=\"_ _0\"></span>up\u2019s shar<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii) Fair<span class=\"_ _3\"></span> value hierarchy Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low bre<span class=\"_ _0\"></span>aks dow<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y by fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>y level<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h168\" id=\"_826b67a9-f3da-4b1d-8c74-6bdb909f9aeb\"><tr><td></td><td class=\"t m1 x5e3 h1b y33b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y33b4 ff11a fs6 fc0 sc0 ls22 ws27\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f3 y33b5 w430 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f4 y33b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f5 y33b5 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f6 y33b5 w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f7 y32c8 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f8 y32c8 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f9 y32c8 w432 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fa y32c8 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fb y32ca w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fc y32ca w433 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fd y32ca w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y32ca w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x801 y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x802 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x804 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x805 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b8 w435 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Shareholder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x806 y33b8 w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">121,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x807 y33b8 w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y33b8 w434 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x809 y33b8 w437 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>891<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y33b9 ff11a fs6 fc0 sc0 ls8 ws2c\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y3220 w438 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80b y3220 w439 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">182<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3220 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3220 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80d y33ba w1fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80e y33ba w43a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">9<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80f y33ba w3d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x810 y33ba w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,028<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bb w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x811 y33bb w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x812 y33bb wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x813 y33bb wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y33bb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x816 y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33bd w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81a y33bd w43b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33be w43c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Unit linked<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81b y33be w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81c y33be w1fb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">274,370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81d y33be w43d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls180 ws1a2\">7<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81e y33be w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">4,857<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bf w43f h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81f y33bf w440 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls39 ws1c\">472<span class=\"_ _3\"></span>,253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x820 y33bf w441 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _6\"></span>01,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x821 y33bf w442 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y33bf w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c0 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x823 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x824 y33c1 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x825 y33c1 w30e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x826 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c2 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x827 y33c3 w394 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x828 y33c3 w122 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x829 y33c3 w11b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82a y33c3 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h169\" id=\"_6d3b8742-93fc-4fdc-a4b5-7674c458e0bd\"><tr><td></td><td class=\"t m1 x5e3 h11 y33c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x455 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x227 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y33c6 ff11f fs6 fc0 sc0 ls4 ws3\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y33b5 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82c y33b5 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6e8 y33b5 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y33b5 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c7 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82e y33c7 w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82f y33c7 w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x830 y33c7 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x831 y33c7 w415 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x832 y33c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x833 y33c8 w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x834 y33c8 wff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _6\"></span>87<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x835 y33c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321b w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x836 y321b w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y321b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x838 y321b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y321b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c9 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33c9 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y33c9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83b y33c9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83c y33c9 w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ca w448 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal Share<span class=\"_ _0\"></span>holder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83d y33ca w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83e y33ca w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83f y33ca w44a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x840 y33ca w44b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">22,<span class=\"_ _0\"></span>832<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33cb ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33cc w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y33cc w44c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _1\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x841 y33cc w44d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">163,727<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x842 y33cc wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y33cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cd w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x844 y33cd w44e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">14<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x845 y33cd w44f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">105<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x846 y33cd w450 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x847 y33cd w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ce w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x848 y33ce w4c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y33ce w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84a y33ce w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33ce w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84c y33cf w452 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84d y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84e y33cf w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84f y33d0 w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x850 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x851 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y33d0 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w454 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x853 y33d1 w455 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">332<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x854 y33d1 w456 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">269<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y33d1 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x621 y33d1 w457 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x856 y33d1 w458 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">5,<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d2 w459 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x857 y33d2 w45a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>48,08<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x858 y33d2 w45b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">288<span class=\"_ _0\"></span>,42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x859 y33d2 w45c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85a y33d2 w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d3 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y31cc wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x85d y31cc w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85e y31cc wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d4 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x860 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x861 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x862 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t on t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>t a tot<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>7,8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e level<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 1<span class=\"_ _c\"></span>: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>una<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>) in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts for ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 2: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s for all inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Level 1 that ar<span class=\"_ _0\"></span>e obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for the asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y (i.e. as pric<span class=\"_ _0\"></span>es) or indi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly (i.e<span class=\"_ _0\"></span>. der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pric<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3: fair valu<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es for any in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t for the ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the mea<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t is not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t data (unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Leve<span class=\"_ _0\"></span>l 2 asse<span class=\"_ _0\"></span>ts mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r value<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Level 2 asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as IHS Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t, IC<span class=\"_ _0\"></span>E and Bl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, or Ind<span class=\"_ _0\"></span>ex Prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as Bar<span class=\"_ _0\"></span>clay<span class=\"_ _0\"></span>s, Me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ll L<span class=\"_ _3\"></span>y<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h or JPM<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>n. Ea<span class=\"_ _0\"></span>ch use<span class=\"_ _0\"></span>s math<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g and mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e sour<span class=\"_ _0\"></span>ce val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in ord<span class=\"_ _0\"></span>er to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of OTC Deri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s; OTCs are mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t usin<span class=\"_ _0\"></span>g an in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e syste<span class=\"_ _0\"></span>m (Lo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ard O<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>n), <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal ve<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>r (IH<span class=\"_ _0\"></span>S Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it), in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el or Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ks. In nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, we woul<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r these ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. Fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th our pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and a numb<span class=\"_ _0\"></span>er of the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g bro<span class=\"_ _0\"></span>ker<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e not fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>ket and have the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>m as Level 2.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pol<span class=\"_ _0\"></span>icy is to re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>s cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts at the en<span class=\"_ _0\"></span>d of each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls at<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t poin<span class=\"_ _0\"></span>t in time. At 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s totall<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g net \u00a30.7bn (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a36.0<span class=\"_ _0\"></span>bn) tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m Level 2 <span class=\"_ _3\"></span>to Level 1 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy.<span class=\"_ _3ad\"> </span>(b) Level 3 asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le bro<span class=\"_ _0\"></span>ker. Unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in priva<span class=\"_ _0\"></span>te equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>ate loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ips<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In many si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y may fall into dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>vels of the fai<span class=\"_ _0\"></span>r value hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy. In these<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es the le<span class=\"_ _0\"></span>vel in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e falls bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e lowes<span class=\"_ _0\"></span>t level in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t is signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r value<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts may be use<span class=\"_ _0\"></span>d in the dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion of fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>s the fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>s fair valu<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d at the app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>. As appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ues re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and ris<span class=\"_ _0\"></span>k marg<span class=\"_ _0\"></span>ins on un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct to a cont<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t inp<span class=\"_ _0\"></span>ut var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and ou<span class=\"_ _0\"></span>tp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt of the ris<span class=\"_ _0\"></span>k take<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d and app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e and valid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y as appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _3ad\"> </span><table class=\"s w45f h16a\" id=\"_bafd526a-a6a3-4401-a3a2-0012d656383a\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x6a3 h11 y33d5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x863 h1b y33d6 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x711 h11 y33d7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x864 h1b y33d8 ff11a fs2 fc0 sc0 ls10b ws59\">Equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x865 h1b y33d9 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x866 h1b y33da ff11a fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x335 h11 y33db ff11c fs2 fc0 sc0 ls39 ws1c\">Equit<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h11 y33dc ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x868 h11 y33dd ff11c fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33de ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x869 h1b y33df ff11a fs2 fc0 sc0 ls149 ws6c\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86a h1b y33e0 ff11a fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86b h1b y33e1 ff11a fs2 fc0 sc0 ls10b ws59\">propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33e2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y33e3 ff11f fs2 fc0 sc0 ls3a ws46\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y33e4 ff11c fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y33e5 ff11c fs2 fc0 sc0 ls3a ws46\">proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33e6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y33e7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y33e8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y33e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y33eb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y33ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y33ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y33f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y33f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y33f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y33f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y33f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x86f y32cf w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x870 y32cf w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>42<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x871 y32cf w461 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x872 y32cf w462 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x873 y32cf w463 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x874 y32cf wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x875 y32cf w464 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x876 y32cf w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>8,7<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y33f7 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) for the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x3a9 ha y33f8 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 real<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x877 y31eb w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x878 y31eb w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x879 y31eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87a y31eb w467 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87b y31eb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87c y31eb w468 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _6\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87d y31eb w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87e y31eb w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y33f9 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 unr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x356 y31ec w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87f y31ec w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">357<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x880 y31ec w46c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(92<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x881 y31ec w46d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x882 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x883 y31ec w46f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x884 y31ec w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x885 y31ec w3e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w471 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Purchases/A<span class=\"_ _3\"></span>dditions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x886 y31ed w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x887 y31ed w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y31ed w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x889 y31ed w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88a y31ed w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88b y31ed w193 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">10,<span class=\"_ _3\"></span>922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88c y31ed w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y31ed w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w475 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Disposals/De<span class=\"_ _0\"></span>recog<span class=\"_ _0\"></span>nitions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88d y31ee w476 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88e y31ee w477 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88f y31ee w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x890 y31ee w478 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,021<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x891 y31ee w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y31ee w47a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x893 y31ee w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x894 y31ee w47c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">(7<span class=\"_ _c\"></span>,666)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w47d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x895 y31ef w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x896 y31ef w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x897 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x898 y31ef w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">243<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x899 y31ef w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89a y31ef w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89c y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w480 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>t of Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89d y31cb w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a0 y31cb w482 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a1 y31cb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a2 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y31cb w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a5 y31cc w485 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a6 y31cc w486 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a7 y31cc w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a8 y31cc w487 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a9 y31cc w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8aa y31cc w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ab y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ac y312a w488 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,39<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ad y312a w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">20,<span class=\"_ _0\"></span>463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ae y312a w489 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8af y312a w48a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b0 y312a w107 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b1 y312a w48b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">16,<span class=\"_ _0\"></span>421<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b2 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b3 y312a w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd u<span class=\"_ _0\"></span>nr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s/(<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Equit<span class=\"_ _0\"></span>y secur<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>2m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>307m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is mad<span class=\"_ _0\"></span>e up of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d at the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the Net As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ird pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch are of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bu<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>n also de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cs of ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on valu<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is of mile<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ne ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>evem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt and ca<span class=\"_ _0\"></span>sh ru<span class=\"_ _0\"></span>nway for ear<span class=\"_ _0\"></span>ly/sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flow mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s for inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at the nex<span class=\"_ _6\"></span>t st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>gs mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es for mo<span class=\"_ _0\"></span>re mat<span class=\"_ _0\"></span>ure inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e (L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M) loa<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ges am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a35,<span class=\"_ _0\"></span>766m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>gag<span class=\"_ _0\"></span>es are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l by proj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te net ass<span class=\"_ _0\"></span>et pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>tes infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d from cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. Th<span class=\"_ _0\"></span>e infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d illiq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms for th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0 and 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps. T<span class=\"_ _0\"></span>his en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>e value of loan<span class=\"_ _0\"></span>s at out<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th the pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce of the loan an<span class=\"_ _0\"></span>d ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n new and in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e a no nega<span class=\"_ _0\"></span>tive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee (N<span class=\"_ _0\"></span>NEG) to borr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. This en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at if the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fall be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e sale pro<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g loan bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> on re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the loan<span class=\"_ _0\"></span>, the valu<span class=\"_ _0\"></span>e of the loan wil<span class=\"_ _0\"></span>l be red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed by this am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e NNEG on lo<span class=\"_ _0\"></span>an red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is value<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of put op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch we cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nt of the Blac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>es for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>. Key assum<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>dex vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ear<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 3<span class=\"_ _3\"></span>1 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a com<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m and lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>fla<span class=\"_ _0\"></span>t rate of 2.8<span class=\"_ _0\"></span>% annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, afte<span class=\"_ _0\"></span>r all<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of dilap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The valu<span class=\"_ _0\"></span>es of the pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan<span class=\"_ _0\"></span>s are upd<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the date of the last pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date by inde<span class=\"_ _0\"></span>xin<span class=\"_ _0\"></span>g usi<span class=\"_ _0\"></span>ng UK re<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l hous<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loan<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns) <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a310,5<span class=\"_ _0\"></span>7<span class=\"_ _3\"></span>4m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>8m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows whi<span class=\"_ _0\"></span>ch are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e yiel<span class=\"_ _0\"></span>d cur<span class=\"_ _6\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e LGIM ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oved co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l spre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by IHS<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it wh<span class=\"_ _0\"></span>o also pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e an ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t go into th<span class=\"_ _0\"></span>e dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>tor, sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r, per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce dy<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pri<span class=\"_ _0\"></span>vate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h were<span class=\"_ _0\"></span> exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted as far bac<span class=\"_ _0\"></span>k as 201<span class=\"_ _c\"></span>1, <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are fixe<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. The wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio is 7<span class=\"_ _c\"></span>.8 year<span class=\"_ _0\"></span>s, wi<span class=\"_ _0\"></span>th a weigh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge life of 1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>.<span class=\"_ _c\"></span>1 year<span class=\"_ _0\"></span>s. Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd ou<span class=\"_ _0\"></span>t to 206<span class=\"_ _0\"></span>3. The pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ate cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by an inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it tea<span class=\"_ _0\"></span>m in line wi<span class=\"_ _0\"></span>th inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to <span class=\"_ _3\"></span>B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>-.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e US bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a31,68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>ey are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a pric<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g matr<span class=\"_ _0\"></span>ix co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>a pub<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d matr<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to each hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m spre<span class=\"_ _0\"></span>ad mat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e are add<span class=\"_ _0\"></span>ed to the ris<span class=\"_ _0\"></span>k-fr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s and est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h a marke<span class=\"_ _0\"></span>t value for ea<span class=\"_ _0\"></span>ch inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>vate pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 20 and 70b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>ts amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>4m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to Kni<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t Fran<span class=\"_ _0\"></span>k and CB<span class=\"_ _0\"></span>RE wh<span class=\"_ _0\"></span>o app<span class=\"_ _0\"></span>ly a yie<span class=\"_ _0\"></span>ld to matur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d futu<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>sh flows to der<span class=\"_ _0\"></span>ive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>all valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ta<span class=\"_ _0\"></span>kes into ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y loc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>s, ten<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e, re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l br<span class=\"_ _0\"></span>eak ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, lea<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 4% and 7% and es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s (ER<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n \u00a318 <span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>nd \u00a3<span class=\"_ _0\"></span>31<span class=\"_ _3\"></span>0 pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a378<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>768m) and are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k for per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng loa<span class=\"_ _0\"></span>ns at the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> leve<span class=\"_ _0\"></span>l and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for loans id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to be dist<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at the loa<span class=\"_ _0\"></span>n level<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h loa<span class=\"_ _0\"></span>n are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g stoc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate pat<span class=\"_ _0\"></span>hs and ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lus<span class=\"_ _0\"></span>ive of an Opti<span class=\"_ _0\"></span>on Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Spr<span class=\"_ _0\"></span>ead (OAS), de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng on new lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20 and 30<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch are no<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>ed in an ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>49m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3217m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>ey have be<span class=\"_ _0\"></span>en valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e due to infre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a38<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>89<span class=\"_ _0\"></span>3m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2m) is value<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of exte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. All pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the UK ar<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed ou<span class=\"_ _0\"></span>t in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e lates<span class=\"_ _0\"></span>t ed<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of the Valuat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n St<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds pu<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Royal Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te of Char<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>veyor<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and are<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs as de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Ou<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e UK<span class=\"_ _0\"></span>, val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofess<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs in th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d. Wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ns the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s the valu<span class=\"_ _0\"></span>er to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In thi<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs mu<span class=\"_ _0\"></span>st us<span class=\"_ _0\"></span>e thei<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> kn<span class=\"_ _0\"></span>owl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e and profe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and not re<span class=\"_ _0\"></span>ly on<span class=\"_ _0\"></span>ly up<span class=\"_ _0\"></span>on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>d on his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es als<span class=\"_ _0\"></span>o incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h that is base<span class=\"_ _0\"></span>d on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ren<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me pl<span class=\"_ _0\"></span>us an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d upli<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the up<span class=\"_ _0\"></span>lif<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rates ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m rates im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 3% and 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>% and ER<span class=\"_ _0\"></span>V bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n \u00a35 and \u00a3310 <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y by sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w48c h16b\" id=\"_08c81f94-d2f7-48cb-86dd-dfc837a9388c\"><tr><td></td><td class=\"t m1 x225 h1b y33fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y33fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y33fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b4 y31ec w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y31ec w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w48d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Leisure<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y31ed w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b7 y31ed w48e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w48f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Distribution<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b8 y31ee w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b9 y31ee w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w490 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e spa<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ba y324c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _6\"></span>,76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y324c w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>069<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w492 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y31cb w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y31cb w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w494 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Accommodation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y31cc w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">1,<span class=\"_ _0\"></span>715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bf y312a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y312a w496 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) Ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct of ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s on Level 3 asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e, in ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t are not<span class=\"_ _0\"></span> evi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the sa<span class=\"_ _0\"></span>me ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d are not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fair valu<span class=\"_ _0\"></span>es of Level 3 inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in uno<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow sho<span class=\"_ _0\"></span>ws the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of Level 3 asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re on how th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d can be fou<span class=\"_ _0\"></span>nd in the de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w497 h16c\" id=\"_17552286-2c79-4b2c-8609-9b3cc403f3da\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y33fc ff11a fs2 fc0 sc0 ls114 wsa1\">Sensitivities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8c0 h1b y33fd ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h1b y33fe ff11a fs2 fc0 sc0 ls114 wsa1\">Positive<span class=\"_ _3\"></span> </td><td class=\"t m1 x1df h1b y33ff ff11a fs2 fc0 sc0 ls172 ws18f\">Negativ<span class=\"_ _3\"></span>e </td></tr><tr><td></td><td class=\"t m1 x33d h1b y3400 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y3401 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td><td class=\"t m1 x1eb h1b y3402 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 x711 h1b y3403 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3404 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3405 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3357 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c1 y3357 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c2 y3357 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">262<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y3357 w499 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w49a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ios<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c4 y3358 w49b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>3,042<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y3358 w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c6 y3358 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c7 y31e5 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c8 y31e5 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">7<span class=\"_ _0\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c9 y31e5 w49c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3406 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x2a3 y31cc w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>047<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ca y31cc w49d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cb y31cc w49e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w49f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al L<span class=\"_ _0\"></span>evel 3 a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cc y312a w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cd y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ce y312a w4a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>012<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 3 eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ip a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a sing<span class=\"_ _0\"></span>le var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the asse<span class=\"_ _0\"></span>t, bu<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a func<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of flexi<span class=\"_ _0\"></span>ng mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n at indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l. Th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sets ou<span class=\"_ _0\"></span>t a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>key fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>, and how th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n flexe<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Lifetime mortgage<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Key assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are lis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _c\"></span>1(ii)(<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve the valu<span class=\"_ _0\"></span>es in the<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ove tabl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y by valu<span class=\"_ _0\"></span>e is -20b<span class=\"_ _0\"></span>ps of marke<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ead an<span class=\"_ _0\"></span>d over<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>2m and \u00a3(1<span class=\"_ _3\"></span>91<span class=\"_ _3\"></span>)m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Private<span class=\"_ _3\"></span> credit por<span class=\"_ _0\"></span>tfolios<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io has be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d whic<span class=\"_ _0\"></span>h es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad valu<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of each ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch as cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>s for the pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to be <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>wer for hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts as com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ed to lowe<span class=\"_ _0\"></span>r rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. A signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of the spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span> is in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to the sele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of the basket of rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t it may at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al of 20b<span class=\"_ _0\"></span>ps on the sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion BB<span class=\"_ _0\"></span>B rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed in iso<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad in com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor bo<span class=\"_ _0\"></span>nd sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed val<span class=\"_ _0\"></span>ues of \u00a32<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d \u00a3(220)<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ngs ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s on the basis of ope<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue as defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed in the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>al and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n manu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> of the Royal In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>te of Cha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Sur<span class=\"_ _6\"></span>veyo<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h, se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of asse<span class=\"_ _0\"></span>t level an<span class=\"_ _0\"></span>d por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o level me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch ma<span class=\"_ _0\"></span>ke refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>t do not flex in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d by the ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> in valu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>. Eac<span class=\"_ _0\"></span>h met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y and ag<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l sens<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span> the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio. O<span class=\"_ _0\"></span>ne me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d is simi<span class=\"_ _0\"></span>lar to that use<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o as it dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of an alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ate pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m and oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. In this me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y we <span class=\"_ _3\"></span>wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r yie<span class=\"_ _0\"></span>ld se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to a hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/or shor<span class=\"_ _6\"></span>te<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>low<span class=\"_ _0\"></span>er ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>25 year<span class=\"_ _0\"></span>s in nor<span class=\"_ _0\"></span>mal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns thi<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d lead to a <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5b<span class=\"_ _0\"></span>ps yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d flex (<span class=\"_ _3\"></span>as opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to a <span class=\"_ _3\"></span>35<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s yie<span class=\"_ _0\"></span>ld flex for a BBB<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th 30 year re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y whic<span class=\"_ _0\"></span>h lead<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date is rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to an exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e in case law whe<span class=\"_ _0\"></span>re it was fou<span class=\"_ _0\"></span>nd tha<span class=\"_ _0\"></span>t an acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in of err<span class=\"_ _0\"></span>or in a valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te is 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r way, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bei<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n with du<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e. If this sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y were to be taken wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng it wou<span class=\"_ _0\"></span>ld pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a3594<span class=\"_ _0\"></span>m and \u00a3(59<span class=\"_ _0\"></span>4)m<span class=\"_ _0\"></span>. It sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld be note<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t some se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove are non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d larg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or small<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not be inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>se resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span> GB<span class=\"_ _0\"></span>P LIB<span class=\"_ _0\"></span>OR was re<span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by SON<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>A from the e<span class=\"_ _0\"></span>nd of 2021, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d US<span class=\"_ _0\"></span>D LIB<span class=\"_ _0\"></span>OR was re<span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by SOF<span class=\"_ _0\"></span>R at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3. Eur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>or wil<span class=\"_ _0\"></span>l rema<span class=\"_ _0\"></span>in bu<span class=\"_ _0\"></span>t will<span class=\"_ _0\"></span> be adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed by the Eur<span class=\"_ _0\"></span>o Mon<span class=\"_ _0\"></span>ey Mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>ts Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te (EM<span class=\"_ _0\"></span>MI<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ed away fro<span class=\"_ _0\"></span>m GBP LI<span class=\"_ _0\"></span>BO<span class=\"_ _0\"></span>R by 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2021, with on<span class=\"_ _0\"></span>ly a few remai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>oss cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y posi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h matu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d and rol<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d of<span class=\"_ _0\"></span>f in Marc<span class=\"_ _0\"></span>h 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of fixed to floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate no<span class=\"_ _0\"></span>tes re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>ll the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> bef<span class=\"_ _0\"></span>ore th<span class=\"_ _0\"></span>ey co<span class=\"_ _0\"></span>nver<span class=\"_ _6\"></span>t to <span class=\"_ _3\"></span>flo<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng or the flo<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>te will be am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d via the co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t soli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss. Th<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on away from U<span class=\"_ _0\"></span>SD LI<span class=\"_ _0\"></span>BO<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ahea<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>J<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>e 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span>39 Associates<span class=\"_ _3\"></span> and joint ventures<span class=\"_ _3ad\"> </span>Su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is shown be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w:<span class=\"_ _3ad\"> </span><table class=\"s wabd h1cc\" id=\"_b96d713a-8901-47f0-b8ed-eab923f38689\"><tr><td></td><td></td><td class=\"t m1 x242 h1b y3b56 ff128 fs2 fc0 sc0 ls35 ws42\">Joint<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e1 h11 y3b57 ff129 fs2 fc0 sc0 ls3a ws46\">Joint<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x16ec h1b y3b58 ff128 fs2 fc0 sc0 ls114 wsa1\">Associates<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h1b y3b59 ff128 fs2 fc0 sc0 ls114 wsa1\">ventures<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y3b5a ff129 fs2 fc0 sc0 ls34 ws41\">Associates<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe72 h11 y3b5b ff12b fs2 fc0 sc0 ls39 ws1c\">ventures<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3b5c ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3b5d ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3b5e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b5f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3b60 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3b61 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3b62 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b63 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 wabe h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls16 ws16\">Curren<span class=\"_ _0\"></span>t assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1828 y32d0 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1829 y32d0 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">486<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1397 y32d0 wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y32d0 w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">486<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182a y325a we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182b y325a w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">403<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182c y325a w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">112<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182d y325a wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b wabf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Curre<span class=\"_ _0\"></span>nt liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182e y325b w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">2<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182f y325b w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1830 y325b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y325b waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c wac0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>curre<span class=\"_ _0\"></span>nt liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1831 y325c w21a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">867<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1832 y325c w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1833 y325c w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">113<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1834 y325c w5b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>97<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wac1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">(L<span class=\"_ _0\"></span>oss)/p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns \u2013 total<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1835 y31ef w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1836 y31ef w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(88)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1837 y31ef w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1838 y31ef w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wac2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">(L<span class=\"_ _0\"></span>oss)/p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns \u2013 Gro<span class=\"_ _0\"></span>up\u2019s sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1839 y3225 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183a y3225 w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183b y3225 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183c y3225 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 wac3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e \u2013 total<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y3277 w87d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183d y3277 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(88)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183e y3277 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y3277 w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wac4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e \u2013 Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183f y312a w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ab y312a w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1840 y312a w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1841 y312a w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es have no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has no com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng to asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n the on<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in Note 38<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total valu<span class=\"_ _0\"></span>e of Inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for usi<span class=\"_ _0\"></span>ng the e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed to \u00a36<span class=\"_ _c\"></span>16m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a355<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m), refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, as well as the Grou<span class=\"_ _0\"></span>p\u2019s shar<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>40 Relat<span class=\"_ _3\"></span>ed under<span class=\"_ _0\"></span>takings<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s Act 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6 req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>res dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ventu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in whic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er has a sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng gr<span class=\"_ _0\"></span>eate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n or equ<span class=\"_ _0\"></span>al to <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>% of the nomi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l value of any sha<span class=\"_ _0\"></span>re clas<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, or a boo<span class=\"_ _0\"></span>k value gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ter tha<span class=\"_ _0\"></span>n 20% of the Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. (i) Subsidiaries<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rs of the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>s and par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ips th<span class=\"_ _0\"></span>at have bee<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 are lis<span class=\"_ _0\"></span>ted be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w. Th<span class=\"_ _0\"></span>e main ter<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of subsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in Eng<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd and Wale<span class=\"_ _0\"></span>s is the UK<span class=\"_ _0\"></span>. For over<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s the pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y of<span class=\"_ _0\"></span> op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is the sa<span class=\"_ _0\"></span>me as the cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y of inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. All sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es have a <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er yea<span class=\"_ _0\"></span>r end re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng da<span class=\"_ _0\"></span>te and are 100% own<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>. The re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d offic<span class=\"_ _0\"></span>e of all subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies in En<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d Wales is One Co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on EC<span class=\"_ _0\"></span>2R 5A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted K<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span> Ire<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd is Dill<span class=\"_ _0\"></span>on Eu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, 33 S<span class=\"_ _0\"></span>ir Joh<span class=\"_ _0\"></span>n Rog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n\u2019s Quay, Dubl<span class=\"_ _0\"></span>in 2, Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wise no<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>. All su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e held th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h inte<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s note<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ey are he<span class=\"_ _0\"></span>ld dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t by the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any. Subs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s that are co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up own<span class=\"_ _0\"></span>s less th<span class=\"_ _0\"></span>an 50<span class=\"_ _0\"></span>% of the ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, are co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on an ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l nor<span class=\"_ _0\"></span>mal<span class=\"_ _0\"></span>ly ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>the cl<span class=\"_ _0\"></span>ass of sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> own<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts and fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs su<span class=\"_ _0\"></span>ch as the pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>, the na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>ts rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, voti<span class=\"_ _0\"></span>ng ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l votin<span class=\"_ _0\"></span>g righ<span class=\"_ _0\"></span>ts) and sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up rea<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s of the cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an investe<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ever fac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te that the<span class=\"_ _0\"></span>re has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n a ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in the rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l.<span class=\"_ _3ad\"> </span><table class=\"s wac5 h1cd\" id=\"_b921f585-5fd9-49c5-9556-22a79d9d44f1\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3b64 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3b65 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3b66 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3b67 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3b68 wac6 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3b68 wac7 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3b68 wac8 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3b69 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3b6a ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h1b y3b6b ff128 fs2 fc0 sc0 ls14b ws42\">Country of incorporation:<span class=\"_ _c\"></span> Be<span class=\"_ _0\"></span>rmuda<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b6c ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca Re<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b6d wac9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1847 y3b6d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1848 y3b6d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1849 y3b6d w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b6e ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b6f wac9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1847 y3b6f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1848 y3b6f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1849 y3b6f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b70 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny No<span class=\"_ _0\"></span>.2 Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b71 wac9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1847 y3b71 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1848 y3b71 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1849 y3b71 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b72 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b73 wacc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184a y3b73 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184b y3b73 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184c y3b73 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3b74 ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: China<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b75 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (Sh<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hai<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b76 wace h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Business<span class=\"_ _3\"></span> informati<span class=\"_ _3\"></span>on consultancy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184d y3b76 wacf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws167\">Ownership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3b76 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3b76 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b77 ff129 fs2 fc0 sc0 ls12c ws81\">dictated by </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b78 ff129 fs2 fc0 sc0 ls12c ws81\">subscribed capital </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h1b y3b79 ff128 fs2 fc0 sc0 lsc2 ws8d\">Country of<span class=\"_ _3\"></span> incorporation:<span class=\"_ _3\"></span> England and<span class=\"_ _3\"></span> Wales<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b7a ff129 fs2 fc0 sc0 ls18f ws1ae\">Al<span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>on S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ar L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b7b wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184f y3b7b wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1850 y3b7b wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1851 y3b7b wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b7c wad6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m 1 Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1852 y3b7c wad7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3b7c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3b7c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3b7c w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b7d wad8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ate<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3b7d wad9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">EC<span class=\"_ _0\"></span>F Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3b7d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1858 y3b7d wada h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1859 y3b7d w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b7e ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r (Spa<span class=\"_ _0\"></span>re) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b7f wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b7f wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b7f wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b7f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b80 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b81 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b81 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b81 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b81 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b82 ff129 fs2 fc0 sc0 lsd8 ws13e\">Banner <span class=\"_ _3\"></span>Developments <span class=\"_ _3\"></span>Limited<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b83 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b83 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b83 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b83 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b84 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Fre<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b85 wadd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185d y3b85 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185e y3b85 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185f y3b85 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b86 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Be<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y Pri<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b87 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b87 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b87 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b87 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b88 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b89 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b89 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b89 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b89 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b8a ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b8b wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b8b wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b8b wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b8b w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b8c ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b8d wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b8d wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3b8d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1861 y3b8d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b8e ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Mid<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b8f wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b8f wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b8f wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b8f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b90 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s So<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b91 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b91 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b91 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b91 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b92 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b93 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b93 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b93 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b93 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b94 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b95 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b95 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b95 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b95 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b96 ff129 fs2 fc0 sc0 ls18f ws1ae\">Be<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ar Fa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b97 wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184f y3b97 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1850 y3b97 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1851 y3b97 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b98 wae0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Be<span class=\"_ _0\"></span>gb<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oke O<span class=\"_ _0\"></span>xf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3b98 wae1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1274 y3b98 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1863 y3b98 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1864 y3b98 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b99 wae2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bo<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1865 y3b99 wae3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential propert<span class=\"_ _0\"></span>y management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3b99 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1867 y3b99 wae4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _6\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1868 y3b99 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b9a wae5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">BQ<span class=\"_ _0\"></span>N Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1869 y3b9a wae6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186a y3b9a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186b y3b9a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3b9a w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b9b wae7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>kl<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k Es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186d y3b9b wae8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f re<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186e y3b9b wae9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3b9b w6b3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186f y3b9b wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b9c ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3b9d waea h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C1 Pl<span class=\"_ _0\"></span>ot M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1870 y3b9d waeb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residen<span class=\"_ _0\"></span>tial <span class=\"_ _3\"></span>prope<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>y management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1871 y3b9d waec h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3b9d wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3b9d w237 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">33.3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b9e ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b9f ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A (<span class=\"_ _0\"></span>ES<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>P) T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ba0 waed h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Financial<span class=\"_ _3\"></span> intermediation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1873 y3ba0 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1874 y3ba0 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1875 y3ba0 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ba1 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ba2 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3ba2 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3ba2 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3ba2 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>1. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 19 Par<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>-V<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>e Roa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>M11<span class=\"_ _3\"></span>, Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>a<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>st R<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>OM<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>or 3<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>o. 2123 P<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ng Av<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>na (S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>) Pi<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>t Fre<span class=\"_ _0\"></span>e Trad<span class=\"_ _0\"></span>e Zo<span class=\"_ _0\"></span>ne (<span class=\"_ _0\"></span>Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d A<span class=\"_ _0\"></span>rea)<span class=\"_ _0\"></span>, Pu<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Sh<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>i<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 5 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>A 3<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span>4. <span class=\"_ _19\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ca<span class=\"_ _0\"></span>la H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, 5<span class=\"_ _0\"></span>4 T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>y, Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>y, T<span class=\"_ _0\"></span>W18 3A<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span><div class=\"gs15a\"><table class=\"s waef h1ce\" id=\"_17f4874c-6528-4920-89f4-c0b1512b1945\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3ba3 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3ba4 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3ba5 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3ba6 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3ba7 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3ba7 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3ba7 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3ba8 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3ba9 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3baa ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up (<span class=\"_ _0\"></span>Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bab wadb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bab wadc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bab wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bab w294 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3bad waf0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d</div><div class=\"t m1 x187c hc2 y3bac ff129 fs27 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1878 y3bad wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bad wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bad wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bad w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bae ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (C<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>swo<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3baf wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3baf wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3baf wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3baf w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb0 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Hom<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb1 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bb1 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bb1 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bb1 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb2 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Hom<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb3 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bb3 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bb3 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bb3 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb4 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb5 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187d y3bb5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187e y3bb5 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187f y3bb5 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3bb6 waf2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d</div><div class=\"t m1 x1880 hc2 y3bac ff129 fs27 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1878 y3bb6 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187d y3bb6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187e y3bb6 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187f y3bb6 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb7 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>Yor<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>re) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb8 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bb8 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bb8 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bb8 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bb9 waf3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1881 y3bb9 wae6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1882 y3bb9 wad3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1883 y3bb9 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1884 y3bb9 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bba waf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>o Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3bba waf5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1886 y3bba waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1887 y3bba waf6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>J<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1888 y3bba waf7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">33.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bbb waf8 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge N<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>eC<span class=\"_ _0\"></span>o Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1889 y3bbb waf9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188a y3bbb wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188b y3bbb wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce2 y3bbb w585 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">99.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bbc ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>re S<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bbd wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bbd wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188c y3bbd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188d y3bbd wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bbe wafa h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y &amp; Ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188e y3bbe wafb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3bbe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3bbe wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3bbe w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bbf wafc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Pla<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s Hol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188f y3bbf wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1890 y3bbf wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84e y3bbf wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1891 y3bbf w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bc0 waff h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Pla<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1892 y3bc0 wb00 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3bc0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1894 y3bc0 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1895 y3bc0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bc1 wb01 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>es P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k (Sh<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m) Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3bc1 wb02 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1897 y3bc1 wb03 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161c y3bc1 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1898 y3bc1 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x4f9 h11 y3bc2 ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bc3 wb04 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eu<span class=\"_ _0\"></span>ro L<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3bc3 wb05 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bc4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bc4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3bc4 w2e3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls33 ws3f\">46.2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bc5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>hw<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>rk M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bc6 wb02 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189c y3bc6 wb06 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161c y3bc6 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1898 y3bc6 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x4f9 h11 y3bc7 ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bc8 wb07 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n UK L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189d y3bc8 wb08 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189e y3bc8 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189f y3bc8 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a0 y3bc8 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bc9 wb09 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ha<span class=\"_ _0\"></span>ut I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3bc9 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca7 y3bc9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a2 y3bc9 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3bc9 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bca wb0a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ha<span class=\"_ _0\"></span>ut I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a4 y3bca wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a5 y3bca wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a6 y3bca wb0b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls37 ws44\">30\u2013Dec<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a7 y3bca wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bcb wb0c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed V<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3bcb wb0d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bcb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bcb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3bcb wb0e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">46<span class=\"_ _0\"></span>.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x86e h11 y3bcc ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bcd wb0f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>re (Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a9 y3bcd wb10 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">Gene<span class=\"_ _0\"></span>ral pa<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>tner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3bcd wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ab y3bcd wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ac y3bcd w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bce wb11 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>re Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ad y3bce wb12 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3bce wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18af y3bce wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3bce w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bcf wb13 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt D<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts O<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>ne L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b0 y3bcf wb14 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3bcf waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3bcf wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3bcf w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd0 wb15 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">IP<span class=\"_ _0\"></span>IF Trad<span class=\"_ _0\"></span>e Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b1 y3bd0 wb16 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1882 y3bd0 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partner<span class=\"_ _0\"></span>ship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b2 y3bd0 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b3 y3bd0 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd1 wb17 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">IP<span class=\"_ _0\"></span>IF Trad<span class=\"_ _0\"></span>e No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b4 y3bd1 wb18 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws13e\">Nominee<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b5 y3bd1 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b6 y3bd1 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3bd1 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd2 wb19 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">IX<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>S Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b8 y3bd2 wb1a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gy se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b9 y3bd2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ba y3bd2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bb y3bd2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">70<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bd3 ff129 fs2 fc0 sc0 lsf5 ws103\">Jimcour<span class=\"_ _0\"></span>t Limit<span class=\"_ _3\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bd4 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bd4 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bd4 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bd4 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bd5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Low Fa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m So<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bd6 wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189c y3bd6 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bc y3bd6 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bd y3bd6 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd7 wb1c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ca<span class=\"_ _0\"></span>sh Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18be y3bd7 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit tru<span class=\"_ _3\"></span>st<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3bd7 wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y3bd7 wb1f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsfa ws45\">0<span class=\"_ _0\"></span>5\u2013Feb<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bf y3bd7 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">4<span class=\"_ _0\"></span>3.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd8 wb21 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d ES<span class=\"_ _0\"></span>G Ja<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n Ind<span class=\"_ _0\"></span>ex Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c0 y3bd8 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit tru<span class=\"_ _3\"></span>st<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3bd8 wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c2 y3bd8 wb22 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>0\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c3 y3bd8 wd3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">5<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd9 wb23 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d ES<span class=\"_ _0\"></span>G Mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex 7 Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c4 y3bd9 wb24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit<span class=\"_ _3\"></span> trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c5 y3bd9 wb25 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c6 y3bd9 wb26 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls83 ws99\">15<span class=\"_ _0\"></span>\u2013<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>b<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6e y3bd9 w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">39.<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bda wb27 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d ES<span class=\"_ _0\"></span>G UK I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3bda wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c8 y3bda wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c9 y3bda wb29 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>0\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ca y3bda wb2a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">31.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdb wb2b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Su<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le Gl<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y F<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>us<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cb y3bdb wb2c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c5 y3bdb wb25 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cc y3bdb w725 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls83 ws99\">15<span class=\"_ _6\"></span>\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cd y3bdb w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdc wb2d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Mu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et Targe<span class=\"_ _0\"></span>t Re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ce y3bdc wb2e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cf y3bdc wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d0 y3bdc wb2f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls62 ws6e\">14\u2013A<span class=\"_ _6\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d1 y3bdc wb30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">4<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdd wb31 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Sm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d2 y3bdd wb32 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit<span class=\"_ _c\"></span> trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d3 y3bdd wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3bdd wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ed y3bdd wb33 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">30.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bde wb34 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d5 y3bde wb35 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Ins<span class=\"_ _0\"></span>titutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d6 y3bde wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d7 y3bde wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d8 y3bde wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bdf ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s </td><td class=\"c n x1878 y3be0 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3be0 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188c y3be0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188d y3be0 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3be1 ff129 fs2 fc0 sc0 ls5d ws6b\">Lim<span class=\"_ _0\"></span>ited<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3be2 wb37 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (Re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3be2 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18da y3be2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18db y3be2 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a7 y3be2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be3 wb38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ic L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Har<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dc y3be3 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dd y3be3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18de y3be3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3be3 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be4 wb39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ic L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th H<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>am) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3be4 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3be4 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e1 y3be4 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e2 y3be4 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be5 wb3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ic L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e3 y3be5 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e4 y3be5 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3be5 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3be5 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be6 wb3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e7 y3be6 wb3c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Unit trust management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e8 y3be6 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y3be6 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e9 y3be6 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be7 wb3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs) No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ea y3be7 wb3e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non<span class=\"_ _0\"></span>-trading comp<span class=\"_ _3\"></span>any<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3be7 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ec y3be7 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ed y3be7 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be8 wb3f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (A<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1870 y3be8 wb12 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1494 y3be8 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ee y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ef y3be8 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be9 wb40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y3be9 wb41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f1 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f2 y3be9 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f3 y3be9 wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bea wb40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t 4) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y3bea wb43 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of dom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3bea wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3beb wb44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3beb wb45 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3beb wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3beb wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3beb wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bec wb46 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (I<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 1) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3bec wb47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of o<span class=\"_ _0\"></span>wn o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3bec wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3bec wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3bec wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bed wb48 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (I<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3bed wb47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of o<span class=\"_ _0\"></span>wn o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3bed wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3bed wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3bed wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wb48 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (I<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 3) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3bee wb47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of o<span class=\"_ _0\"></span>wn o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3bee wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3bee wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3bee wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bf0 wb49 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (O<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fb y3bf0 wb4a h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fc y3bf0 wadc h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fd y3bf0 waee h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3bf0 wad5 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wb4b h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>O) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y312a wb4c h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y312a wafe h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ff y312a waee h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ac y312a w294 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs942\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs943\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs944\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs945\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs946\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs947\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs948\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs949\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs94a\">7<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs94b\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs94c\">3<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s w9e6 h1d0\" id=\"_bd1bda02-4f93-4cf8-b612-b115bd90659f\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3bf1 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3bf2 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3bf3 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3bf4 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3bf5 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3bf5 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3bf5 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3bf6 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3bf7 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3bf8 wb4d h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3bf8 wb4e h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3bf8 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3bf8 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3bf8 wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3bf9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Br<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e Is<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </td><td class=\"c n x1846 y3bfa wb4f h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3bfa wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1901 y3bfa wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1902 y3bfa wad5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3bfb ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bfc wb50 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1903 y3bfc wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1904 y3bfc wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1905 y3bfc waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1906 y3bfc wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bfd wb52 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Co S<span class=\"_ _0\"></span>ec L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3bfd wb53 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dor<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3bfd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3bfd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3bfd w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bfe wb54 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3bfe wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca7 y3bfe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a2 y3bfe waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3bfe wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bff wb55 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Di<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l So<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1908 y3bff wb56 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1909 y3bff wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190a y3bff wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3bff wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c00 wb57 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e Be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190b y3c00 wb58 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-<span class=\"_ _0\"></span>trading<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190c y3c00 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190d y3c00 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190e y3c00 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c01 wb59 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te Ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1908 y3c01 wb5a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of dil<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190f y3c01 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1910 y3c01 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1911 y3c01 wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c02 wb5b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Eu<span class=\"_ _0\"></span>ro Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ge No<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1 SP<span class=\"_ _0\"></span>V Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1912 y3c02 wb5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1913 y3c02 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y3c02 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1914 y3c02 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c03 wb5d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e PL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1915 y3c03 wb5e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Tre<span class=\"_ _3\"></span>asury operations<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1916 y3c03 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1917 y3c03 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1918 y3c03 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c04 wb5f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l Adv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3c04 wb60 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3c04 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191a y3c04 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191b y3c04 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c05 wb61 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l F<span class=\"_ _0\"></span>X S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (SP<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3c05 wb62 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y3c05 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191d y3c05 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191e y3c05 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c06 wb63 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l GP L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3c06 wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y3c06 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1920 y3c06 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1921 y3c06 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c07 wb64 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l He<span class=\"_ _0\"></span>at Pu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ps Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1922 y3c07 wb65 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t els<span class=\"_ _0\"></span>ew<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c07 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c07 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c07 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c08 ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c09 wb66 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b1 y3c09 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b5 y3c09 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b6 y3c09 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3c09 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0a wb67 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1925 y3c0a wb68 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">M<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1926 y3c0a waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1927 y3c0a wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x678 y3c0a wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0b wb69 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s (Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es C<span class=\"_ _0\"></span>o) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3c0b wb6a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">H<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>an re<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1929 y3c0b waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c0b wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c0b wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0c wb6b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (A<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192b y3c0c wb6c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192c y3c0c wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18af y3c0c wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3c0c wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0d wb6d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (Cr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1925 y3c0d wb6e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3c0d wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c0d wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c0d wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0e wb6f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (D<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ot) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192d y3c0e wb70 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>sew<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c0e waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c0e wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c0e wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c0f ff129 fs2 fc0 sc0 ls4 ws3\">classi<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d </td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c10 wb71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192e y3c10 wb6c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192f y3c10 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1930 y3c10 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1931 y3c10 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c11 w777 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1932 y3c11 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c11 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1933 y3c11 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190e y3c11 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c12 wb73 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1934 y3c12 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1935 y3c12 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y3c12 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1936 y3c12 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c13 wb74 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mo<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r JV H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1937 y3c13 wb75 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws42\">Development of modul<span class=\"_ _3\"></span>ar housing<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166a y3c13 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1938 y3c13 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1939 y3c13 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c14 wb76 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mo<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r JV L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3c14 wb77 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws42\">Development o<span class=\"_ _3\"></span>f modular<span class=\"_ _3\"></span> housing<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d3 y3c14 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ff y3c14 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ac y3c14 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c15 wb78 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mo<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b4 y3c15 wb75 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws42\">Development of modul<span class=\"_ _3\"></span>ar housing<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f1 y3c15 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f2 y3c15 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193a y3c15 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c16 wb79 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1912 y3c16 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193b y3c16 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193c y3c16 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1939 y3c16 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c17 wb7a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s No. 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193d y3c17 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193b y3c17 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193c y3c17 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1939 y3c17 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c18 wb7b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193e y3c18 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cf y3c18 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c18 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c18 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c19 wb7c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s IC<span class=\"_ _0\"></span>VC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1869 y3c19 wb05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c1a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c1a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c1a wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1b wb7d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193f y3c1b wb7e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1940 y3c1b wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1941 y3c1b wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y3c1b wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1c wb7f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l La<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1942 y3c1c wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c1c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1943 y3c1c wb80 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>c<span class=\"_ _6\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c1c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1d wb81 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Le<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e Fun<span class=\"_ _0\"></span>d T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1944 y3c1d wb82 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws44\">T<span class=\"_ _3\"></span>rustee<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1945 y3c1d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1946 y3c1d waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1947 y3c1d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1e wb83 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Li<span class=\"_ _0\"></span>fe Fun<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e7 y3c1e wb84 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited <span class=\"_ _3\"></span>Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1948 y3c1e wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y3c1e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1914 y3c1e wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1f wb85 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l L<span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>M St<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (SP<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a9 y3c1f wb86 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1949 y3c1f wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194a y3c1f wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194b y3c1f wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c20 wb87 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Mi<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>le E<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3c20 wb88 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">H<span class=\"_ _0\"></span>olding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3c20 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194d y3c20 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194e y3c20 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c21 wb89 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e7 y3c21 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c21 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c21 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c21 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c22 wb8a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1942 y3c22 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c22 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c22 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c22 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c23 wb8b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dc y3c23 wb8c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194f y3c23 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1941 y3c23 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y3c23 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c24 wb8d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1950 y3c24 wb8e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186a y3c24 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186b y3c24 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3c24 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c25 wb8f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3c25 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3c25 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ec y3c25 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ed y3c25 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c26 wb90 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3c26 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1948 y3c26 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1951 y3c26 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1952 y3c26 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c27 wb92 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y3c27 wb4e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1953 y3c27 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1954 y3c27 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1955 y3c27 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c28 wb93 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193e y3c28 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3c28 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1894 y3c28 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1895 y3c28 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c29 wb94 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192d y3c29 wb95 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189e y3c29 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189f y3c29 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a0 y3c29 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c2a wb96 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>PI<span class=\"_ _0\"></span>F GP) L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3c2a wb97 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">Ge<span class=\"_ _0\"></span>neral partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1956 y3c2a wb98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1957 y3c2a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c2a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c2b wb99 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re G<span class=\"_ _0\"></span>P) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1958 y3c2b wb4c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3c2b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x834 y3c2b waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195a y3c2b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c2c w652 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3c2c wb9a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">Gene<span class=\"_ _0\"></span>ral Partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195c y3c2c wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195d y3c2c wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195e y3c2c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bec wb9b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>e Fun<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1944 y3bec wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3bec waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194d y3bec waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194e y3bec wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bed wb9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>e Fun<span class=\"_ _0\"></span>d) N<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3bed wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195f y3bed wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1960 y3bed wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1961 y3bed wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wb9d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K PI<span class=\"_ _0\"></span>F Ge<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3bee waa0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">General Partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3bee wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ec y3bee wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ed y3bee wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ba0 wb9e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K PI<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1962 y3ba0 waa0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">General Partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1963 y3ba0 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1905 y3ba0 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1964 y3ba0 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ba2 wb9f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>IF G<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _3\"></span>wo) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3ba2 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3ba2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs94e\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs94f\">3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 5 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>A 3<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs950\">5. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ca<span class=\"_ _0\"></span>la H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, 5<span class=\"_ _0\"></span>4 T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>y, Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>y, T<span class=\"_ _0\"></span>W18 3A<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs951\">6. <span class=\"_ _19\"> </span>Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n En<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs952\">7<span class=\"_ _c\"></span>. <span class=\"_ _2b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>y H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, C<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>ey R<span class=\"_ _0\"></span>oad<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, G<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er, E<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>4 5B<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s w2c7 h1d1\" id=\"_1db9a564-ed2b-4d07-92c2-bca8864f439e\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3c2d ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3c2e ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3c2f ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3c30 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c31 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1844 y3c31 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3c31 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3c32 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3c33 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c34 wba0 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>IF Two) <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18ad y3c34 wba1 h145\"><div class=\"t m1 x1e4 h11 y323e ff12b fs2 fc0 sc0 ls18f ws3\">I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in U<span class=\"_ _0\"></span>K r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1965 y3c34 wadc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1966 y3c34 wade h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1967 y3c34 wad5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c35 wba2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x192e y3c35 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1968 y3c35 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1969 y3c35 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196a y3c35 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c36 wba3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l (BT<span class=\"_ _0\"></span>R) 1 L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3c36 wba4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investmen<span class=\"_ _0\"></span>t management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c36 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c36 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c36 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c37 wba3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l (BT<span class=\"_ _0\"></span>R) 2 L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3c37 wba4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investmen<span class=\"_ _0\"></span>t management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c37 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c37 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c37 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c38 wba5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1950 y3c38 wba6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1948 y3c38 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1951 y3c38 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1952 y3c38 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c39 wba7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x196b y3c39 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196c y3c39 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196d y3c39 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196e y3c39 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3a wba8 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Cro<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e 1) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18ea y3c3a wb43 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c2 y3c3a wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196f y3c3a wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1970 y3c3a wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3b wba9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Cro<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e 2) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1971 y3c3b wbaa h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1972 y3c3b wad3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1973 y3c3b waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1974 y3c3b w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3c wbab h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Sa<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>y La<span class=\"_ _0\"></span>ne 1) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18b0 y3c3c wb4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3c3c wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c3c wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c3c wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3d wbac h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Sa<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>y La<span class=\"_ _0\"></span>ne 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1962 y3c3d wb4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1975 y3c3d wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1976 y3c3d wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c3d wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3e wbad h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St N<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>ts) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18a8 y3c3e wb6c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c3e wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3c3e wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c3e wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3f wbae h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 1) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1977 y3c3f wbaf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1978 y3c3f wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y3c3f wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3c3f wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c40 wbb0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 2) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1979 y3c40 wbb1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3c40 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3c40 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3c40 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c41 wbb2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 3) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18ce y3c41 wbb3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y3c41 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191d y3c41 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191e y3c41 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c42 wbb0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 4) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1979 y3c42 wbb1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3c42 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3c42 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3c42 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c43 wbb4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd T<span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>ch (<span class=\"_ _0\"></span>Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x197a y3c43 wafb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c5 y3c43 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197b y3c43 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197c y3c43 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c44 wbb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r Liv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1950 y3c44 wafb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1978 y3c44 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y3c44 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3c44 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c45 wbb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t 2) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18d9 y3c45 wb4e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c45 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c45 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c45 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c46 wbb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1852 y3c46 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3c46 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e1 y3c46 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e2 y3c46 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c47 wbb8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x188f y3c47 wae6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188a y3c47 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197d y3c47 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1931 y3c47 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c48 wbb9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y) L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18e7 y3c48 wbba h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1972 y3c48 wb98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1976 y3c48 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c48 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c49 wbbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18e7 y3c49 wb8c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197e y3c49 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197f y3c49 wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1980 y3c49 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4a wbbd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18d5 y3c4a wbbe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d tru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1981 y3c4a wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195d y3c4a wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195e y3c4a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4b w492 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P Fou<span class=\"_ _0\"></span>r LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1869 y3c4b wbbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c4b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y3c4b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1982 y3c4b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4c wbc0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18a9 y3c4c wbc1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1975 y3c4c wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1983 y3c4c waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3c4c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4d wbc2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P Si<span class=\"_ _0\"></span>x LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x186d y3c4d wb4c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c4d wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y3c4d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1982 y3c4d wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4e wbc3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P Th<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1984 y3c4e wbc4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c4e wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c4e waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c4e wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4f wbc5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t GP LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1881 y3c4f wbbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3c4f wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1985 y3c4f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1986 y3c4f wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c50 wbc6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18a1 y3c50 wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1987 y3c50 wb98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1988 y3c50 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1989 y3c50 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c51 wbc8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x188e y3c51 wbc9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>nd ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cf y3c51 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c51 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c51 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c52 wbca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ar I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x186d y3c52 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fc y3c52 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fd y3c52 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3c52 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c53 wbcb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>IF Two GP LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1934 y3c53 wbcc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198a y3c53 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198b y3c53 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198c y3c53 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c54 wbcd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (C<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18b0 y3c54 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3c54 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddb y3c54 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a0 y3c54 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c55 wbce h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 3) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x192b y3c55 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dom<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198d y3c55 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1933 y3c55 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190e y3c55 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c56 wbcf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce (P<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1937 y3c56 wb95 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148c y3c56 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198e y3c56 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198f y3c56 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c57 wbd0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1990 y3c57 wbd1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1956 y3c57 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1991 y3c57 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1992 y3c57 wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c58 wbd2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Br<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>le Is<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1993 y3c58 wbd3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1274 y3c58 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1863 y3c58 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1864 y3c58 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c59 wbd4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l IM C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3c59 wbc9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1994 y3c59 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1995 y3c59 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1996 y3c59 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdd wbd5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y3bdd wbd6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">150<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1998 y3bdd wbd7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K Hol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1999 y3bdd wbd8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1972 y3bdd wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1973 y3bdd waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1974 y3bdd w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bde wbd5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y3bde wbd9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">26<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199a y3bde wbda h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S. O<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K Hol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c4 y3bde wbdb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s of co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199b y3bde waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa51 y3bde wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x538 y3bde wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be0 wbdc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC O<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18c7 y3be0 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3be0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191a y3be0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191b y3be0 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5a wbdd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC T<span class=\"_ _0\"></span>EP U<span class=\"_ _0\"></span>K Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>o Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1962 y3c5a wbde h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3c5a wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199c y3c5a wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199d y3c5a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5b wbdf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P EC<span class=\"_ _0\"></span>F (GP) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x199e y3c5b wbe0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e8 y3c5b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186b y3c5b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3c5b w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5c wbe1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P EC<span class=\"_ _0\"></span>F 1 L.<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1937 y3c5c wbe2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limi<span class=\"_ _0\"></span>ted <span class=\"_ _3\"></span>partne<span class=\"_ _0\"></span>rship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3c5c wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1985 y3c5c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1986 y3c5c wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5d wbe3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1870 y3c5d wbe4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e and d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1909 y3c5d wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190a y3c5d wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3c5d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5e wbe5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s 1 Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18d5 y3c5e wbe6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1890 y3c5e wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f2 y3c5e wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f3 y3c5e wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5f wbe7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1869 y3c5f wbe8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fund m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199f y3c5f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d7 y3c5f wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d8 y3c5f wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c60 wbe9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ee 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1896 y3c60 wbea h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s of ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c60 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c60 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c60 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c61 wbe9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ee 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1896 y3c61 wbea h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s of ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c61 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c61 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c61 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c62 wbeb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x194c y3c62 wbec h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">C<span class=\"_ _0\"></span>ommercial <span class=\"_ _3\"></span>lending<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3c62 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194d y3c62 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194e y3c62 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c63 wbed h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1885 y3c63 wb7e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1929 y3c63 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c63 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c63 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c64 wbee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M LG<span class=\"_ _0\"></span>AS P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1852 y3c64 wbef h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds v<span class=\"_ _0\"></span>ia<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c64 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c64 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c64 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x86e h11 y3c65 ff129 fs2 fc0 sc0 ls18f ws1ae\">inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bed wbf0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (Ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3bed wb4e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191a y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191b y3bed w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wbf1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18e3 y3bee wb4f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1978 y3bee wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y3bee wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3bee wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bf0 wbf2 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGP N<span class=\"_ _0\"></span>ew<span class=\"_ _0\"></span>co Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1852 y3bf0 wadf h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3bf0 wb36 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3bf0 wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3bf0 wad5 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wbf3 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGP<span class=\"_ _0\"></span>L No 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18c7 y312a wbf4 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b5 y312a wadc h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a1 y312a wbf5 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>ep<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196e y312a wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"gs15a\"><table class=\"s wbf6 h1d2\" id=\"_9c6f0f7b-23d4-43c2-8878-9702190f094d\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3c66 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3c67 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3c68 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3c69 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c6a wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3c6a wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3c6a wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3c6b ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3c6c ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c6d wbf7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>fe an<span class=\"_ _0\"></span>d Min<span class=\"_ _0\"></span>d Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3c6d wbf8 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c6d wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3c6d wade h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c6d wad5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c6e wbf9 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>fe Fun<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1950 y3c6e wbfa h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1953 y3c6e wbfb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls5d ws6b\">Lim<span class=\"_ _0\"></span>ited<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3c6e wad0 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3c6e wad1 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3c6f ff12b fs2 fc0 sc0 lsf5 ws103\">partnership<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c70 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on D<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c71 w49a h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a2 y3c71 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a3 y3c71 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a4 y3c71 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">68<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c72 wbfc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LP<span class=\"_ _0\"></span>I Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a5 y3c72 wbef h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds v<span class=\"_ _0\"></span>ia<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c72 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c72 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c72 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c73 ff129 fs2 fc0 sc0 ls18f ws1ae\">inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c74 wbfd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>by S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3c74 wbf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3c74 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199c y3c74 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199d y3c74 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c75 wbfe h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1934 y3c75 wbff h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f un<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s vi<span class=\"_ _0\"></span>a<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c75 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c75 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c75 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c76 ff129 fs2 fc0 sc0 ls18f ws1ae\">inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c77 ff129 fs2 fc0 sc0 ls18f ws1ae\">Mi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>bay E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c78 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a6 y3c78 wb03 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3c78 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a7 y3c78 w5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3c79 ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee </td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c7a wc00 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Nov<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>la Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3c7a wc01 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">EC<span class=\"_ _0\"></span>F Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c7a waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a8 y3c7a wc02 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls2e ws38\">03\u2013Mar<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a9 y3c7a w5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7b wc03 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">NS<span class=\"_ _0\"></span>C Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng A Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3c7b wc04 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3c7b wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3c7b wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3c7b wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7c wc05 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">NS<span class=\"_ _0\"></span>C Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng B Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3c7c wb91 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3c7c waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1894 y3c7c waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1895 y3c7c wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7d wc06 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3c7d wc07 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1886 y3c7d waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19aa y3c7d wc08 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls5d ws6b\">30<span class=\"_ _0\"></span>\u2013Nov<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ab y3c7d wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7e wc09 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Row<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y La<span class=\"_ _0\"></span>ne B<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>mwo<span class=\"_ _0\"></span>od L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ac y3c7e wae1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c7e waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c7e wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c7e wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c7f ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng Me<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c80 wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3c80 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3c80 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1861 y3c80 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c81 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng Me<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c82 wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3c82 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3c82 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1861 y3c82 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c83 wc0a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Ba<span class=\"_ _0\"></span>th) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1944 y3c83 wc0b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d sel<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng of ow<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192c y3c83 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x206 y3c83 wb80 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>O<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1947 y3c83 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c84 wc0c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Ep<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>m) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1852 y3c84 wc0d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng of ow<span class=\"_ _0\"></span>n rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ad y3c84 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ae y3c84 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19af y3c84 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c85 wc0e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Ux<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1881 y3c85 wc0f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Buy<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g of own re<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c2 y3c85 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b0 y3c85 wb80 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>O<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b1 y3c85 wb42 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c86 wc10 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>lto<span class=\"_ _0\"></span>n) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b2 y3c86 wc11 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of own re<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1514 y3c86 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178a y3c86 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1989 y3c86 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c87 ff129 fs2 fc0 sc0 ls18f ws1ae\">Si<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n So<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Far<span class=\"_ _0\"></span>m Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c88 wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184f y3c88 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1850 y3c88 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1851 y3c88 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c89 wc12 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>o. 2) Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b3 y3c89 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b4 y3c89 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b5 y3c89 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b6 y3c89 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c8a wc13 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>o. 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3c8a wc14 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">L<span class=\"_ _0\"></span>imited <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73d y3c8a wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18af y3c8a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b7 y3c8a w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c8b wc15 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sey U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t (N<span class=\"_ _0\"></span>o. 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x102d y3c8b wc16 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit<span class=\"_ _3\"></span> T<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b8 y3c8b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b9 y3c8b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x565 y3c8b wd3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c8c ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s LP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b7b wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3b7b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ba y3b7b waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bb y3b7b wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b7c wc17 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Su<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Vau<span class=\"_ _0\"></span>x 1 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bc y3b7c wbf8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3b7c wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3b7c wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3b7c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c8d ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Hub) Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c8e w49a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a2 y3c8e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bd y3c8e wae4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19be y3c8e wc18 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">82.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c8f ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>ay<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r La<span class=\"_ _0\"></span>ne (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd5 h11 y3c90 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </td><td class=\"t m1 x5e3 h11 y3c90 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>p Or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"c n x3f7 y3c91 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3c91 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c92 ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3c92 ff129 fs2 fc0 sc0 ls18f ws1ae\">sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c93 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>ay<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r La<span class=\"_ _0\"></span>ne T<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r Fr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd5 h11 y3c93 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </td><td class=\"t m1 x5e3 h11 y3c93 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>p Or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"c n x3f7 y3c94 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3c94 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c95 ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3c95 ff129 fs2 fc0 sc0 ls18f ws1ae\">sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c96 ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c97 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3c97 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3c97 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3c97 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c98 ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k 3175 Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c99 wc11 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng of ow<span class=\"_ _0\"></span>n rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bf y3c99 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c0 y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c1 y3c99 wc19 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c9a ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k A<span class=\"_ _0\"></span>2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c9b wc1a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of ow<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c2 y3c9b wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c3 y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c4 y3c9b waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c9c ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c9d wc1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Propert<span class=\"_ _0\"></span>y de<span class=\"_ _3\"></span>velopment compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c5 y3c9d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c6 y3c9d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c7 y3c9d wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c9e ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k Ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c9f wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3c9f waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ca y3c9f wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ca0 ff129 fs2 fc0 sc0 ls18f ws1ae\">TP P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y S<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ca1 wc1c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cb y3ca1 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cc y3ca1 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cd y3ca1 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca2 wc1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Vale<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>re Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1870 y3ca2 wc1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1882 y3ca2 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ce y3ca2 wc08 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls5d ws6b\">30<span class=\"_ _0\"></span>\u2013Nov<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce2 y3ca2 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">33.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca3 wc1f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Wes<span class=\"_ _0\"></span>t Ba<span class=\"_ _0\"></span>r Sq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3ca3 wc20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3ca3 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199c y3ca3 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199d y3ca3 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ca4 ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ton D<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>n Es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3be7 wb02 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cf y3be7 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d0 y3be7 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d1 y3be7 wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3ca5 ff128 fs2 fc0 sc0 ls14b ws42\">Country of incorporation:<span class=\"_ _c\"></span> H<span class=\"_ _0\"></span>ong K<span class=\"_ _3\"></span>ong<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3ca6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt As<span class=\"_ _0\"></span>ia L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3be9 wc21 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investment management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d2 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3be9 wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d4 y3be9 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3ca7 ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Ireland<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3ca8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3beb wc22 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d5 y3beb wc23 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls19 ws1a\">Ordinar<span class=\"_ _0\"></span>y <span class=\"_ _c\"></span>and <span class=\"_ _3\"></span>convertible<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d6 y3beb waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d7 y3beb wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ca9 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>na CN<span class=\"_ _0\"></span>Y B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d UC<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>TS E<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3bec wc24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d8 y3bec wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3bec wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d9 y3bec wc25 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">51.<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3caa ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG G<span class=\"_ _0\"></span>BP C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Bon<span class=\"_ _0\"></span>d 0<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 Year U<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>S ET<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3bed wc24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d8 y3bed wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3bed wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19da y3bed wc26 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls154 ws174\">4<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3cab ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG G<span class=\"_ _0\"></span>BP C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Bon<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>S ET<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3bee wc24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d8 y3bee wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3bee wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d9 y3bee wb33 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">31.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ba0 wc27 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG G<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Hig<span class=\"_ _0\"></span>h Yi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld Bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Ind<span class=\"_ _0\"></span>ex Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199e y3ba0 w3e2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls121 ws12d\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ba0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ba0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19db y3ba0 wc28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">41.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3cac ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is Al<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ba2 wc29 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls64 ws70\">CCF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19dc y3ba2 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19dd y3ba2 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19de y3ba2 w9aa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">9<span class=\"_ _0\"></span>3.3<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs955\">8<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs956\">9<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs957\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls190 ws1b0 gs958\">10<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls190 ws1b0 gs959\">10<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs95a\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls191 ws1b1 gs95b\">11<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls192 ws1b2 gs95c\">12<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs95d\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs95e\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs95f\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls193 ws1b3 gs960\">13<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls193 ws1b3 gs961\">13<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls193 ws1b3 gs962\">13<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls193 ws1b3 gs963\">13<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls193 ws1b3 gs964\">13<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls194 ws1b4 gs965\">14<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls195 ws1b5 gs966\">15<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls193 ws1b3 gs967\">16<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls196 ws1b6 gs968\">17<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls196 ws1b6 gs969\">17<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls196 ws1b6 gs96a\">17<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls197 ws1b7 gs96b\">18<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls193 ws1b3 gs96c\">16<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs96d\">3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 5 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>A 3<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs96e\">4. <span class=\"_ _19\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs96f\">5. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ca<span class=\"_ _0\"></span>la H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, 5<span class=\"_ _0\"></span>4 T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>y, Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>y, T<span class=\"_ _0\"></span>W18 3A<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs970\">8. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: T<span class=\"_ _0\"></span>he O<span class=\"_ _0\"></span>ld P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t O<span class=\"_ _0\"></span>ffi<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y, Br<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, BS<span class=\"_ _6\"></span>49 5<span class=\"_ _0\"></span>DY<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs971\">9. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: W<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Ha<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gt<span class=\"_ _0\"></span>on R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d, Wo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ter, Wo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>R5 2<span class=\"_ _0\"></span>Z<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs972\">10. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Th<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, 7 S<span class=\"_ _6\"></span>t Pa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, N1C 4A<span class=\"_ _0\"></span>G<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs973\">1<span class=\"_ _3\"></span>1. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 4t<span class=\"_ _0\"></span>h Fl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r 1 A<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l Way, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n, W<span class=\"_ _0\"></span>12 7SL<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs974\">12. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 6th F<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r La<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>own<span class=\"_ _0\"></span>e H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y Sq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>1J 6E<span class=\"_ _0\"></span>R<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs975\">13. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pa H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>0 Es<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Sc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Yorks<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, YO11 2<span class=\"_ _0\"></span>AQ<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs976\">14. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Van<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge P<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>3 Ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, He<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>el H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, He<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ki<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2 7D<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs977\">15. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ro<span class=\"_ _0\"></span>om 9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, 9<span class=\"_ _0\"></span>th F<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>or, C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m T<span class=\"_ _3\"></span>owe<span class=\"_ _0\"></span>r, 3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>37 C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t R<span class=\"_ _0\"></span>oad C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, Ho<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Kon<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs978\">16. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 70 S<span class=\"_ _0\"></span>ir J<span class=\"_ _0\"></span>oh<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n Q<span class=\"_ _0\"></span>uay, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in 2<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2 XK<span class=\"_ _0\"></span>09, I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs979\">17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 2 Gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n 2<span class=\"_ _0\"></span>, D0<span class=\"_ _0\"></span>2 A<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs97a\">18. I<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sh C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive A<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s wc2a h1d3\" id=\"_6ab12e88-ec54-4abc-a096-261bbb06eba1\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3cad ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3cae ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3caf ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3cb0 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3cb1 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1844 y3cb1 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3cb1 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3cb2 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3cb3 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3cb4 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>D Co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te Bo<span class=\"_ _0\"></span>nd U<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>S E<span class=\"_ _0\"></span>TF<span class=\"_ _3ad\"> </span></td><td></td><td></td><td class=\"c n x1878 y3cb5 wc24 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19df y3cb5 wadc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e0 y3cb5 wbbc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e1 y3cb5 wc2b h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls74 wsea\">6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb6 wc2c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fr<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>er M<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>ts Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x193e y3cb6 wc2d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls121 ws12d\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3cb6 wc2e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls74 wsea\">4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb7 wc2f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al C<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d \u2013 UK<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1944 y3cb7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cb7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb8 wc31 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d 23<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x199e y3cb8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3cb8 w7d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb wsa\">75<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb9 wc31 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d 33<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x199e y3cb9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3cb9 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cba wc32 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Bo<span class=\"_ _0\"></span>nd Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x19e2 y3cba wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cba waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cba wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cba wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cbb wc33 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ra<span class=\"_ _0\"></span>fi Mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>Fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r Cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te Trans<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1932 y3cbb wc34 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls64 ws70\">CCF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1514 y3cbb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178a y3cbb wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e3 y3cbb w585 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">99.<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3cbc ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s (Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td class=\"c n x1878 y3cbd wb7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e4 y3cbd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e5 y3cbd wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e6 y3cbd wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cbe wc35 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l QI<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>IF I<span class=\"_ _0\"></span>CAV<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1885 y3cbe wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cbe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cbe wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cbe wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cbf wc36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UC<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>TS M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1908 y3cbf wb7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e7 y3cbf wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197f y3cbf wbbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1980 y3cbf wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc0 wc37 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M (I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>) R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t So<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Pl<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18b8 y3cc0 w51c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198a y3cc0 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190d y3cc0 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e8 y3cc0 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc1 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc1 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc1 wb72 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cc1 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc1 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc1 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc1 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc2 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc2 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc2 wc39 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cc2 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc3 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc3 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc3 wc3b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">I<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3cc3 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc3 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc4 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc4 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc4 wc3c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">R<span class=\"_ _0\"></span>eal Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cc4 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc5 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc5 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc5 wc3e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fix<span class=\"_ _0\"></span>ed Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cc5 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc6 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc6 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc6 wc3f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Infl<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188f y3cc6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc7 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc7 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc7 wc40 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Leve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Ind<span class=\"_ _0\"></span>ex L<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ee y3cc7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc8 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc8 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc8 wc41 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Rea<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cc8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc9 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc9 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc9 wc40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ee y3cc9 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc9 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cca w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cca wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cca wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cca wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cca waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cca wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cca wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccb w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccb wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ccb wc3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">I<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3ccb wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccc w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccc wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ccc wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199e y3ccc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccd w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccd wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ccd wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3ccd wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccd wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccd wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cce w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cce wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cce wc42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Leve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3cce wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cce waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cce wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cce wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccf w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccf wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3ccf wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3ccf wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccf waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccf wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccf wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd0 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd0 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd0 wc3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ef y3cd0 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd0 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd1 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd1 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd1 wc43 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cd1 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd1 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd2 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd2 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd2 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cd2 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd3 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd3 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd3 wc44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3cd3 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd3 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd4 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd4 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd4 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cd4 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd4 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd4 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd4 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd5 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd5 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd5 wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3cd5 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd5 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd5 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd5 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c19 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c19 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3c19 wc45 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3c19 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c19 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c19 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c19 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd6 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd6 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd6 wc46 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3cd6 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd6 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd6 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd6 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd7 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd7 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd7 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cd7 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd7 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd7 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd7 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd8 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd8 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd8 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cd8 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd8 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd9 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd9 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd9 wc44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3cd9 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd9 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cda w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cda wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cda wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cda wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cda waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cda wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cda wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c97 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c97 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c97 wc3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">I<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3c97 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c97 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c97 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c97 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c99 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c99 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c99 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex L<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3c99 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c99 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c99 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c9b w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c9b wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c9b wc3c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">R<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3c9b wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c9b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c9b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdb w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cdb wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cdb wc47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f0 y3cdb wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cdb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cdb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cdb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c9f w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c9f wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c9f wc44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed Gi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3c9f wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c9f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c9f wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca1 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ca1 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ca1 wb4f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>ed Gi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3ca1 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ca1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ca1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ca1 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca2 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ca2 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ca2 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199e y3ca2 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ca2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ca2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3ca2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca3 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ca3 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3ca3 wc3e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>xed Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3ca3 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3ca3 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdc w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cdc wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cdc wc3f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Infl<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188f y3cdc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cdc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be8 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3be8 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3be8 wc42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Leve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3be8 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3be8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3be8 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be9 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3be9 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3be9 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Rea<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3be9 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3be9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3be9 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bea w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3bea wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3bea wb4f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>ed Gi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3bea wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bea wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3beb w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3beb wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3beb wc42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3beb wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3beb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3beb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdd w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cdd wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cdd wc40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Ind<span class=\"_ _0\"></span>ex L<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ee y3cdd wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cdd wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cdd wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bed wc48 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d Liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y \u2013 Fun<span class=\"_ _0\"></span>d BM<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x19a5 y3bed wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bed wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wc49 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d Liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y \u2013 Fun<span class=\"_ _0\"></span>d BN<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1999 y3bee wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bee waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bee wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bee wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bf0 wc4a h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Eu<span class=\"_ _0\"></span>ro 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>0 Re<span class=\"_ _0\"></span>al Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x19f1 y3bf0 wc3a h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bf0 waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bf0 wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bf0 wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wc4b h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Lo<span class=\"_ _0\"></span>ng Du<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1950 y312a wc30 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y312a waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y312a wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y312a wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls196 ws1b6 gs97c\">17<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls197 ws1b7 gs97d\">18<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs97e\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs97f\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs980\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs981\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls199 ws1b9 gs982\">20<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs983\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs984\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs985\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs986\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs987\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs988\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs989\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs98a\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs98b\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs98c\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs98d\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs98e\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs98f\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs990\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs991\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs992\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs993\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs994\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs995\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs996\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs997\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs998\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs999\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs99a\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs99b\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs99c\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs99d\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs99e\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs99f\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a0\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a1\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a2\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a3\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a4\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a5\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a6\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a7\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a8\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9a9\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9aa\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ab\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ac\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ad\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ae\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9af\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b0\">19<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s wc4c h1d4\" id=\"_6b4d903c-201c-4c22-bea3-99d2a3fd7bae\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3cde ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3cdf ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3ce0 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3ce1 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3ce2 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3ce2 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3ce2 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3ce3 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3ce4 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3ce5 wc4d h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t Du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3ce5 wc30 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce6 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce6 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce6 wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce7 wc4e h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1984 y3ce7 wc30 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce7 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce7 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce7 wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce8 wc4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b8 y3ce8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce9 wc50 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>E<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190b y3ce9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cea wc51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f2 y3cea wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cea waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cea wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cea wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ceb wc52 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AO<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3ceb wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cec waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cec wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cec wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ced wc53 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193e y3ced wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ced waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ced wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ced wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cee wc54 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f3 y3cee wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cee waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cee wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cee wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cef wc55 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AT<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3cef wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cef waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cef wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cef wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf0 wc56 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AW<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3cf0 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf1 wc57 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AY<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3cf1 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf3 wc58 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>Z<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f4 y3cf3 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf3 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf4 wc59 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f5 y3cf4 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf5 wc5a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>G<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f3 y3cf5 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf6 wc5b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c0 y3cf6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf7 wc5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b8 y3cf7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf9 wc5d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f6 y3cf9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfa wc5e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b2 y3cfa wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfa waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfa wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfa wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfb wc5f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3cfb wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfb wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfb wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfc wc60 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd BV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193f y3cfc wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfc wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfc wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfd wc61 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3cfd wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfe wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfe wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cff wc62 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3cff wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cff waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cff wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cff wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d00 wc63 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f7 y3d00 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d00 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d00 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d00 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d01 wc05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3d01 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d01 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d01 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d01 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d02 wc64 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1925 y3d02 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d02 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d02 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d02 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d03 wc57 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3d03 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d04 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d04 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d04 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d05 wc65 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3d05 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d05 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d05 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d05 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d06 wc66 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>O<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3d06 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d06 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d06 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d06 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d07 wc67 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd L<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dc y3d07 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d07 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d07 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d07 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d08 wc68 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd O<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f8 y3d08 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d08 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d08 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d08 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d09 wc68 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd Q<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f8 y3d09 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0a wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0b wc69 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd V<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f9 y3d0b wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAI<span class=\"_ _3\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0c wc6a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd W<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3d0c wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0c wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0d wc6b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd W<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fa y3d0d wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0d wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0e wc6c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd W<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3d0e wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0e wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0f wc6d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd Z<span class=\"_ _0\"></span>Z<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3d0f wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c94 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c94 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c94 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d10 wc6e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt P<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f1 y3d10 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d10 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d10 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d10 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d11 wc6f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt P<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fb y3d11 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d11 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d11 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d11 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d12 wc70 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>yn<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1993 y3d12 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d12 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d12 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d12 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d13 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>yn<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d \u2013 GBP C<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> </td><td class=\"t m1 xdd5 h11 y3d13 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d14 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d14 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d14 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d15 ff129 fs2 fc0 sc0 ls18f ws1ae\">He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3d16 wc71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3d16 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d16 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d16 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d16 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d17 wc71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3d17 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d17 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d17 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d17 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d18 wc72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3d18 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d18 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d18 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d18 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d19 wc71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3d19 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ca3 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdc wc73 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>-2<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3cdc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cdc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1a w2f9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Dur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18be y3d1a wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1a wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1b wc74 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Du<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1942 y3d1b wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1c wc75 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd AO<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fd y3d1c wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAI<span class=\"_ _3\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1c wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1d wc76 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ac y3d1d wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3beb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3beb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdd wc77 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3cdd wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cdd wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cdd wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1e wbfe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1934 y3d1e wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1e wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1f wc78 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd BW<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ac y3d1f wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1f wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d20 wc79 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd BX<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3d20 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d20 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d20 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d20 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d21 wc7a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fe y3d21 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ba2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b2\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b3\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b4\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b5\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b6\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b7\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b8\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9b9\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ba\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9bb\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9bc\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9bd\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9be\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9bf\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c0\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c1\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c2\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c3\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c4\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c5\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c6\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c7\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c8\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9c9\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ca\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9cb\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9cc\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9cd\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ce\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9cf\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d0\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d1\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d2\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d3\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d4\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d5\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d6\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d7\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d8\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9d9\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9da\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9db\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9dc\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9dd\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9de\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9df\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e0\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e1\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e2\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e3\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e4\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e5\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e6\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9e7\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs9e8\">17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 2 Gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n 2<span class=\"_ _0\"></span>, D0<span class=\"_ _0\"></span>2 A<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs9e9\">18. I<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sh C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive A<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs9ea\">19. Q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r A<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs9eb\">20. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 1 U<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in 4<span class=\"_ _0\"></span>, I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s wc7b h1d5\" id=\"_ce3bc0f6-efc1-4b9c-9029-28bb01841cd4\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3d22 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3d23 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3d24 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3d25 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3d26 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3d26 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3d26 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3d27 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3d28 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3d29 wc7c h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192e y3d29 wc30 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d2a waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d2a wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d2a wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d2b wc7d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b3 y3d2b wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d2b waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d2b wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d2b wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce6 wc79 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3ce6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce7 wc7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>G<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ff y3ce7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce8 wc7f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1984 y3ce8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce9 wc80 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193f y3ce9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cea wc81 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>Q<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3cea wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cea waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cea wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cea wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cec wc82 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ea y3cec wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cec waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cec wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cec wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ced wc83 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3ced wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ced waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ced wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ced wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cee wc84 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192d y3cee wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cee waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cee wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cee wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cef wc85 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b0 y3cef wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cef waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cef wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cef wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf0 wc86 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>E<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cf0 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf2 wc87 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b1 y3cf2 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf3 wc88 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3cf3 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf3 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf4 wc89 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1912 y3cf4 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf5 wc8a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a00 y3cf5 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf6 wc88 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3cf6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf8 wc8b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>Q<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1971 y3cf8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf9 wc8c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3cf9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfa wc8d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a01 y3cfa wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfa waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfa wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfa wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfb wc8e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1999 y3cfb wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfc wc8f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DW<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b0 y3cfc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfe wc90 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DY<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1922 y3cfe wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfe waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfe wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfe wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cff wc91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DZ<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3cff wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cff waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cff wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cff wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d00 wc92 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a02 y3d00 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAI<span class=\"_ _3\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d00 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d00 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d00 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d01 wc93 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd EG<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1865 y3d01 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d01 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d01 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d01 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d02 wc94 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3d02 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d02 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d02 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d02 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d04 wc95 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1908 y3d04 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d04 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d04 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d04 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d05 wc96 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1865 y3d05 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d05 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d05 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d05 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d06 wc97 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3d06 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d06 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d06 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d06 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d07 wc98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M U<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed D<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>yn<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tic E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1937 y3d07 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d07 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d07 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d07 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d08 wc99 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y Fund<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a9 y3d08 wb05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d08 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d08 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a03 y3d08 wc9a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">5<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0a wc9b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">US D<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Liq<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a04 y3d0a wb05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d0a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d0a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d0a w38c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">4<span class=\"_ _0\"></span>3.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h1b y3d2c ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Japan<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d2d ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ja<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n K<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d0c wc21 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investment management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a05 y3d0c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e0 y3d0c wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a06 y3d0c wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h1b y3d2e ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Jerse<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d2f ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d0e wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a07 y3d0e wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a08 y3d0e waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a09 y3d0e w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d30 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g T<span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>rm Pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3c94 wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a07 y3c94 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a08 y3c94 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a09 y3c94 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d31 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d10 wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0a y3d10 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d10 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0c y3d10 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d32 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>es N<span class=\"_ _0\"></span>o 1 Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d11 wc9d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls12c ws12c\">Real estate<span class=\"_ _3\"></span> operator<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3d11 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3d11 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0f y3d11 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d33 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>es N<span class=\"_ _0\"></span>o 2 Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d12 wc9d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls12c ws12c\">Real estate<span class=\"_ _3\"></span> operator<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3d12 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3d12 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0f y3d12 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d34 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>mw<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>d Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Un<span class=\"_ _0\"></span>it Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d14 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a10 y3d14 wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d14 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a11 y3d14 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d35 ff129 fs2 fc0 sc0 ls18f ws1ae\">SC<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>D S6 Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d36 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a10 y3d36 wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d36 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a11 y3d36 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3d37 wc9e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sey U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t</div><div class=\"t m1 x1a12 hc2 y3bac ff12b fs27 fc0 sc0 ls19d ws1bd\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1878 y3d37 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a10 y3d37 wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d37 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a11 y3d37 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d38 ff129 fs2 fc0 sc0 ls18f ws1ae\">Van<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d39 wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a07 y3d39 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a08 y3d39 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a09 y3d39 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d3a ff129 fs2 fc0 sc0 ls18f ws1ae\">Van<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d3b wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19df y3d3b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a13 y3d3b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a14 y3d3b wc9f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">11<span class=\"_ _0\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h1b y3d3c ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Lux<span class=\"_ _3\"></span>embourg<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d3d ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G A<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d3e ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d3f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d3f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a15 y3d3f wca0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls154 ws174\">8<span class=\"_ _0\"></span>7.<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d40 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G A<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Pl<span class=\"_ _0\"></span>us Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d41 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d42 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d42 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a03 y3d42 wca1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">3<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d43 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G A<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve Ri<span class=\"_ _0\"></span>sk P<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d44 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d45 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d45 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d45 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d46 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Bu<span class=\"_ _0\"></span>y &amp; Ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in C<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d47 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d48 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d48 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a15 y3d48 wca0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls154 ws174\">9<span class=\"_ _6\"></span>7.<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d49 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d4a ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d4b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d4b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a15 y3d4b wca2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">7<span class=\"_ _6\"></span>1.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d4c ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s Hig<span class=\"_ _0\"></span>h Y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d4d ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d4e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d4e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d4e wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d4f ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>de Ha<span class=\"_ _0\"></span>rd C<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> </td><td class=\"t m1 x86e h11 y3d50 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3b9d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3b9d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3b9d wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d51 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d52 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Eu<span class=\"_ _0\"></span>ro H<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>h Yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d Bo<span class=\"_ _0\"></span>nd Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d52 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d53 waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d53 wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d53 wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d54 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fo<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>s Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d55 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y312a waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y312a wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y312a wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ed\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ee\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ef\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f0\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f1\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f2\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f3\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f4\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f5\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f6\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f7\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f8\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9f9\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9fa\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9fb\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9fc\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9fd\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9fe\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gs9ff\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa00\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa01\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa02\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa03\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa04\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa05\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa06\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa07\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa08\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa09\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa0a\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa0b\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa0c\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa0d\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19a ws1ba gsa0e\">21<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19b ws1bb gsa0f\">22<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19c ws1bc gsa10\">23<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19c ws1bc gsa11\">23<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19c ws1bc gsa12\">23<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19c ws1bc gsa13\">23<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19c ws1bc gsa14\">23<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19d ws1bd gsa15\">24<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19b ws1bb gsa16\">22<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19b ws1bb gsa17\">22<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa18\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa19\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa1a\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa1b\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa1c\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa1d\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa1e\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa1f\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa20\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa21\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa22\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa23\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa24\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa25\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa26\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa27\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa28\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa29\">26<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s wca3 h1d6\" id=\"_ed37a62d-28ba-4b01-8aaa-c5cd6d80cc88\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3d56 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3d57 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3d58 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3d59 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3d5a wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x1844 y3d5a wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3d5a wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3d5b ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3d5c ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y3d5d ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Gl<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed C<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d5e ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d5f waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d5f wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a16 y3d5f wc9a h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls7b ws89\">7<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d60 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro G<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te Bo<span class=\"_ _0\"></span>nd Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d61 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d62 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d62 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19db y3d62 wc28 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls7b ws89\">61.2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d63 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro S<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d64 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d65 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d65 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d65 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d66 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Co<span class=\"_ _0\"></span>re Pl<span class=\"_ _0\"></span>us B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d67 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d68 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d68 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d68 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d69 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>S Hig<span class=\"_ _0\"></span>h Yi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld Bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d6a ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d6b waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d6b wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d6b wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3d6c ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Scotland<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3d6d wca4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a17 y3d6d wca5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">199<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a18 y3d6d wa45 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d</div></td><td class=\"t m1 x1a19 hc2 y3d6e ff129 fs27 fc0 sc0 ls19f ws1bf\">27<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3d6f wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d6f waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3d6f waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1a y3d6f wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d70 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d71 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d71 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d71 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d71 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d72 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>Ea<span class=\"_ _0\"></span>st) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d73 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d73 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d73 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d73 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d74 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d75 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d75 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d75 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d75 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d76 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d77 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1b y3d77 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1c y3d77 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1d y3d77 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d78 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>We<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d79 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d79 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d79 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d79 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d7a ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d7b wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d7b wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d7b wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d7b w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d7c ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (B<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d7d wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d7d wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d7d wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d7d w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d7e ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d7f wb4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3d7f wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1901 y3d7f wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1902 y3d7f wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d80 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d81 wa6e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">He<span class=\"_ _0\"></span>ad offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185d y3d81 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1e y3d81 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1f y3d81 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d82 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d83 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d83 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d83 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d83 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d84 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d85 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d85 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d85 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d85 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d86 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es (Ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y) GP LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d87 wb4c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a20 y3d87 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partne<span class=\"_ _0\"></span>rship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a21 y3d87 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a22 y3d87 wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d88 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es (Ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y) LP<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d89 wbc7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3d89 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ba y3d89 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bb y3d89 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d8a ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es GP L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d8b wb4c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a20 y3d8b wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partne<span class=\"_ _0\"></span>rship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a21 y3d8b wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a22 y3d8b wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d8c ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es LP<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d8d wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3d8d wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ba y3d8d waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bb y3d8d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d8e ff129 fs2 fc0 sc0 ls18f ws1ae\">UK P<span class=\"_ _0\"></span>IF FG<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d8f wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a23 y3d8f wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a24 y3d8f waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a25 y3d8f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d90 wca6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">UK P<span class=\"_ _0\"></span>IF Two Foun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x18ad y3d90 wca7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>nd g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1871 y3d90 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a26 y3d90 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193a y3d90 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d91 ff129 fs2 fc0 sc0 ls18f ws1ae\">UK P<span class=\"_ _0\"></span>IF Two Foun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er G<span class=\"_ _0\"></span>P Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d92 wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a23 y3d92 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a24 y3d92 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a25 y3d92 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3d93 ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: USA<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3d94 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 150 Ric<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nd H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d95 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d95 wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3d95 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3d95 w7e4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">98.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3d96 ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3d97 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 150 Ric<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nd J<span class=\"_ _0\"></span>V, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d98 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d98 wca9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s A and B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3d98 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ca y3d98 w49d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">9<span class=\"_ _0\"></span>8.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d99 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 265 S<span class=\"_ _0\"></span>. Or<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e Hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d9a wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d9a wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3d9a wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3d9a w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3d9b ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3d9c ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 265 S<span class=\"_ _0\"></span>. Or<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e JV, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d9d wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d9d wca9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s A and B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3d9e wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3d9e w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3d9f ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership </td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3da0 ff12b fs2 fc0 sc0 ls5d ws6b\">Inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3da1 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t CD<span class=\"_ _0\"></span>E LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da2 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3da2 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3da2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a27 y3da2 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da3 ff129 fs2 fc0 sc0 lsd8 ws13e\">Ancora Inv<span class=\"_ _3\"></span>estments LL<span class=\"_ _3\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da4 wcaa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a28 y3da4 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a29 y3da4 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2a y3da4 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da5 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a L&amp;<span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da6 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3da6 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3da6 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ca y3da6 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da7 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da8 wcab h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2b y3da8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2c y3da8 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2d y3da8 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da9 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a TE<span class=\"_ _0\"></span>P Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3daa wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3daa wcac h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary share<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3daa wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3daa w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3dab ff129 fs2 fc0 sc0 ls12c ws81\">capital<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3dac ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a TE<span class=\"_ _0\"></span>P J<span class=\"_ _0\"></span>V LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3dad wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3dad wcad h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s A and Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3dad wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3dad w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3dae ff12b fs2 fc0 sc0 ls18f ws3\">B sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3daf ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Lif<span class=\"_ _0\"></span>e Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3b98 wcae h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bf y3b98 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c0 y3b98 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2e y3b98 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db0 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ch<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ke Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3b99 wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3b99 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3b99 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3b99 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db1 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-1, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3b9a wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3b9a wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3b9a wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3b9a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db2 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3db3 wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3db3 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3db3 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3db3 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db4 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3db5 wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3db5 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3db5 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3db5 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db6 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3db7 wcaf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls12c ws81\">Funding v<span class=\"_ _3\"></span>ehicle<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a32 y3db7 wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3db7 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3db7 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3db8 ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3db9 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3dba wcaf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls12c ws81\">Funding v<span class=\"_ _3\"></span>ehicle<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a32 y3dba wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3dba wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3dba wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3dbb ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa2b\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa2c\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa2d\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa2e\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa2f\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa30\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa31\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa32\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa33\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gsa34\">26<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19f ws1bf gsa35\">27<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a0 ws1c0 gsa36\">28<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a0 ws1c0 gsa37\">28<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a0 ws1c0 gsa38\">28<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a0 ws1c0 gsa39\">28<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a0 ws1c0 gsa3a\">28<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19f ws1bf gsa3b\">27<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19f ws1bf gsa3c\">27<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19f ws1bf gsa3d\">27<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19f ws1bf gsa3e\">27<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19f ws1bf gsa3f\">27<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a1 ws1c1 gsa40\">29<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a1 ws1c1 gsa41\">29<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a1 ws1c1 gsa42\">29<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a1 ws1c1 gsa43\">29<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a1 ws1c1 gsa44\">29<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a1 ws1c1 gsa45\">29<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa46\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa47\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa48\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa49\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa4a\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa4b\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa4c\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa4d\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa4e\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls1a2 ws1c2 gsa4f\">30<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a4 ws1c4 gsa50\">32<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa51\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa52\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa53\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa54\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa55\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls1a3 ws1c3 gsa56\">31<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa57\">6. <span class=\"_ _19\"> </span>Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n En<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa58\">19. Q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r A<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa59\">21. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 22<span class=\"_ _0\"></span>F Tora<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n Ko<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ra Tower, 1-2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>8 Tora<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>to<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ku<span class=\"_ _0\"></span>, Tok<span class=\"_ _0\"></span>yo, 10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1, Jap<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa5a\">22<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1<span class=\"_ _3\"></span>1-1<span class=\"_ _3\"></span>5 S<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sey, J<span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>4 0Q<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa5b\">23<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 12 Cas<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E2 3<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa5c\">24<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Li<span class=\"_ _0\"></span>me G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, G<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>en S<span class=\"_ _6\"></span>tre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t He<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E1 2<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa5d\">25<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 2-<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, R<span class=\"_ _0\"></span>ue E<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ne R<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Lu<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, L<span class=\"_ _3\"></span>-24<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3 L<span class=\"_ _0\"></span>uxe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa5e\">26. S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>t\u00e9 d<span class=\"_ _0\"></span>\u2019i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t \u00e0 ca<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al va<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa5f\">27<span class=\"_ _3\"></span>. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ad<span class=\"_ _0\"></span>am H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 5 M<span class=\"_ _0\"></span>id N<span class=\"_ _0\"></span>ew C<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s, E<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, EH11 4D<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa60\">28<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Jo<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>e H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 52<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4 Ro<span class=\"_ _0\"></span>se S<span class=\"_ _6\"></span>tre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Ab<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>B10 1HA<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa61\">29. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 50 L<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>an R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Fes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>l S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e, E<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, EH<span class=\"_ _0\"></span>3 9W<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa62\">30<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 108 L<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd Av<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e, D<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r, Ke<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, DE 199<span class=\"_ _0\"></span>01, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa63\">31. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 85<span class=\"_ _0\"></span>0 N<span class=\"_ _0\"></span>ew B<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Su<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te 20<span class=\"_ _0\"></span>1, Dove<span class=\"_ _0\"></span>r, De<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, 1990<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa64\">32<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1701 Re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch B<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>, R<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div><table class=\"s wc7b h1d7\" id=\"_a85f1817-d901-43a8-9f27-f172b0e7a8d7\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3dbc ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3dbd ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3dbe ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3dbf ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3dc0 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x1844 y3dc0 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3dc0 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3dc1 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3dc2 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3dc3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Br<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sh Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny II<span class=\"_ _0\"></span>, Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dc4 wac9 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3dc4 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3dc4 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a33 y3dc4 w294 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dc5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Br<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sh Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny II<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dc6 wac9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3dc6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3dc6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a33 y3dc6 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dc7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Br<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sh Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny IV L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dc8 wac9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3dc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3dc8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a33 y3dc8 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dc9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Ad<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>rs I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dca wcb0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Investment<span class=\"_ _3\"></span> advisory<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a34 y3dca wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a35 y3dca wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a36 y3dca wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dcb ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dcc wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dcc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dcc waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dcc wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dcd ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a In<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dce wb7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e4 y3dce waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e5 y3dce wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e6 y3dce wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dcf ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td class=\"c n x1878 y3dd0 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dd0 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dd0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd1 ff129 fs2 fc0 sc0 ls18f ws1ae\">(H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s), In<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3dd2 wbd5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y3dd2 wbd6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">150<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1998 y3dd2 wcb1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d US H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x1878 y3dd2 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd2 wcb2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Me<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3a y3dd2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3b y3dd2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32a4 wbd5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y32a4 wbd9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">26<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199a y32a4 wcb3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S. O<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>S Hol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>, LLC</div></td><td class=\"t m1 x1a3c hc2 y3dd3 ff129 fs27 fc0 sc0 ls1a2 ws1c2\">30<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y32a4 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y32a4 wcb2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Me<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3a y32a4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3b y32a4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd4 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC U<span class=\"_ _0\"></span>S Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co 1 In<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dd5 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dd5 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dd5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd6 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC U<span class=\"_ _0\"></span>S Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co 2 L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dd7 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dd7 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dd7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Po<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>ac Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es N<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 1 In<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3bf0 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3bf0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3bf0 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3bf0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>m Pen<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>fe In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny of N<span class=\"_ _0\"></span>ew York In<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y312a wcae h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3d y312a waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3e y312a wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3f y312a wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr></table>33<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>34<span class=\"_ _3ad\"> </span>35<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>37<span class=\"_ _3ad\"> </span>38<span class=\"_ _3ad\"> </span>(ii) Ass<span class=\"_ _3\"></span>ociates and<span class=\"_ _3\"></span> Joint V<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>ntures<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch have be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _3ad\"> </span>an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for usin<span class=\"_ _0\"></span>g the equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y meth<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. The gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts of these c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s are in par<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>by bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se to the Gro<span class=\"_ _0\"></span>up.<span class=\"_ _3ad\"> </span>Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span>incorporation<span class=\"_ _3ad\"> </span>Accounting<span class=\"_ _3ad\"> </span>treatment<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span>type<span class=\"_ _3ad\"> </span>Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>reporting<span class=\"_ _3ad\"> </span>date<span class=\"_ _3ad\"> </span>Share<span class=\"_ _3ad\"> </span>class<span class=\"_ _3ad\"> </span>% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>shares held<span class=\"_ _3ad\"> </span>by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oad (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted P<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 1 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 2 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 HR G<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _59\"> </span>J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Am<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Mea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ws Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013A<span class=\"_ _0\"></span>u<span class=\"_ _6\"></span>g<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in He<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>th Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wor<span class=\"_ _6\"></span>th Hi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>s Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">0<span class=\"_ _6\"></span>1\u2013S<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>4,5<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"ls18f ws1ae\">Joi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _95\"> </span><span class=\"ff12b lsdf wsdb\">U<span class=\"_ _0\"></span>nits<span class=\"_ _79\"> </span></span><span class=\"ls74 wsea\">5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>iTec<span class=\"_ _0\"></span>h Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _37c\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">42<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></span></span></span></span>CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Ev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s Res<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _1c3\"> </span><span class=\"ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Co<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ca L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>8<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _25\"> </span><span class=\"ls154 ws174\">7.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>El<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>swe<span class=\"_ _0\"></span>ll M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _79\"> </span></span><span class=\"ls120 ws15a\">35.4<span class=\"_ _3ad\"> </span></span></span></span></span>Gi<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Le<span class=\"_ _0\"></span>a Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Al<span class=\"_ _0\"></span>ne P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al P<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>9<span class=\"_ _3ad\"> </span>Australia<span class=\"_ _16c\"> </span><span class=\"ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _c5\"> </span><span class=\"lsd9 ws1af\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></span></span></span></span></span>ID<span class=\"_ _0\"></span>LG GP<span class=\"_ _3ad\"> </span>10<span class=\"_ _3ad\"> </span>Singapore<span class=\"_ _b6\"> </span><span class=\"lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _3\"></span> <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">35.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>A GP<span class=\"_ _3ad\"> </span>11<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">40.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span>12<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls47 ws52\">18<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ka<span class=\"_ _0\"></span>o Dat<span class=\"_ _0\"></span>a Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">30.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ke<span class=\"_ _0\"></span>nsa G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>14<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls154 ws174\">3<span class=\"_ _6\"></span>7.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></span></span></span></span></span>Le<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Ga<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ns M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>LGH<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>IV<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>D JV L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ff12b ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _cf\"> </span></span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Mi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>30<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 108 L<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd Av<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e, D<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r, Ke<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, DE 199<span class=\"_ _0\"></span>01, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>31. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 85<span class=\"_ _0\"></span>0 N<span class=\"_ _0\"></span>ew B<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Su<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te 20<span class=\"_ _0\"></span>1, Dove<span class=\"_ _0\"></span>r, De<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, 1990<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>33<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>h Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, 100 B<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>k S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t, S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>e 61<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>, Bu<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n, V<span class=\"_ _6\"></span>T, 05<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>34<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>h Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>., 4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3 M<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>n V<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w Dr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve, S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>e 30<span class=\"_ _0\"></span>1, 3rd F<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r, Co<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t 05<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span>35<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 29 N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>te.<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>1, Mar<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>, GA<span class=\"_ _6\"></span>, 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>36<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Tru<span class=\"_ _0\"></span>st C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, 120<span class=\"_ _0\"></span>9 Or<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Ne<span class=\"_ _0\"></span>w Ca<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>, 1980<span class=\"_ _0\"></span>1, US<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>37<span class=\"_ _3\"></span>. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 35<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Du<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>way, C<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f Dov<span class=\"_ _0\"></span>er, C<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Ke<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>law<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e 1990<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span>38<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 100 Q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Bl<span class=\"_ _0\"></span>vd<span class=\"_ _0\"></span>, P<span class=\"_ _0\"></span>O Box 5<span class=\"_ _0\"></span>19, Gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y N<span class=\"_ _0\"></span>ew Yor<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, 11<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span><div class=\"gs15a\"><table class=\"s wcb4 h1d8\" id=\"_1a0f56c3-f991-41fa-9ba7-11a926caa132\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x673 h1b y3dda ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1842 h1b y3ddb ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h62 y3ddc ff12a fs2 fc0 sc0 ls4 ws3\">Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddc ff12a fs2 fc0 sc0 ls114 wsa1\">Accounting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddc ff12a fs2 fc0 sc0 ls172 ws18f\">Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y3ddd ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3ddd ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3dde ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3ddf ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2be h62 y3ddf ff12a fs2 fc0 sc0 ls114 wsa1\">incorporation<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddf ff12a fs2 fc0 sc0 ls3a ws46\">treatment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddf ff12a fs2 fc0 sc0 ls132 ws12c\">type<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3de0 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3de0 ff128 fs2 fc0 sc0 ls35 ws42\">class<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3de1 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y3de2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Mo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>Hu<span class=\"_ _0\"></span>b Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc5 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc5 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc5 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc5 wcb8 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls66 ws71\">28\u2013Fe<span class=\"_ _0\"></span>b<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a44 y3cc5 wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a45 y3cc5 w3ae h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1a9 ws1c9\">12<span class=\"_ _6\"></span>.6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ne<span class=\"_ _0\"></span>wc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc6 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc6 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc6 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a46 y3cc6 wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a47 y3cc6 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a48 y3cc6 w9aa h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls8b ws8a\">33.<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de4 ff129 fs2 fc0 sc0 ls18f ws1ae\">NT<span class=\"_ _0\"></span>R Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc7 wcb9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3cc7 wcba h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4a y3cc7 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4b y3cc7 wae4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4c y3cc7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4d y3cc7 waf7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de5 ff129 fs2 fc0 sc0 ls18f ws1ae\">On<span class=\"_ _0\"></span>to Ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc8 wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc8 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc8 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4e y3cc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3cf y3cc8 wf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d Uni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc9 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc9 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cc9 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cc9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cc9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cc9 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pe<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cca w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3cca wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3cca wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a55 y3cca waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a56 y3cca waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a57 y3cca wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">4<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sa<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccb w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3ccb wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3ccb wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a58 y3ccb waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a59 y3ccb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5a y3ccb w38c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">5<span class=\"_ _0\"></span>3.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (A<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccc wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccc wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccc wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccc wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccc wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dea ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>pa) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccd wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccd wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccd wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccd wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3deb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oad<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e He<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cce wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cce wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cce wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cce wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cce waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5b y3cce wc19 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dec ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ca<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccf wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccf wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccf wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccf wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccf waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccf wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ded ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd0 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd0 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd0 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd0 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dee ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd1 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd1 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd1 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd1 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd1 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd1 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3def ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd2 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd2 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd2 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd2 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df0 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd3 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd3 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd3 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd3 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df1 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd4 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd4 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd4 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd4 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd5 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd5 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd5 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd5 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c19 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c19 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c19 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c19 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c19 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c19 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df4 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Le<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd6 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd6 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd6 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd6 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd7 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd7 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd7 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd7 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>l He<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd8 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd8 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd8 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>an) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (K<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>le) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cda wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cda wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cda wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cda wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cda waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cda wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Fa<span class=\"_ _0\"></span>rm) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c97 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c97 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c97 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c97 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c97 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c97 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfa ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c99 w758 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3c99 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5c y3c99 wcbe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5d y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5e y3c99 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5f y3c99 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9b wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9b wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9b wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9b wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfc ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdb wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdb wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdb wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdb wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfd ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>mf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9f wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9f wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9f wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9f wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfe ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-Th<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca1 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca1 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca1 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca1 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dff ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tatt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca2 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca2 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e00 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tunb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e Wel<span class=\"_ _0\"></span>ls) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca3 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca3 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca3 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca3 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e01 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tur<span class=\"_ _0\"></span>vey) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdc wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdc wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdc wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdc wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e02 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wal<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rn) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be8 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be8 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be8 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be8 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e03 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ck G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e04 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bea wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bea wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bea wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bea wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e05 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3beb wcb9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3beb wcbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a60 y3beb wcc0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a61 y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a62 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a63 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e06 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>65 F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdd wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdd wcb6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cdd wcb7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a64 y3cdd wcc1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a65 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a66 y3cdd w15d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls30 ws3b\">4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>.7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e07 ff129 fs2 fc0 sc0 ls103 ws110\">SOJV LLP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bed wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bed wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bed wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bed wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e08 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll Ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e Vil<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ge L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bee wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bee wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bee wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bee wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bee waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bee wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e09 ff129 fs2 fc0 sc0 ls18f ws1ae\">War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba0 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ba0 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ba0 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ba0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ba0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ba0 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e0a ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba2 wcc2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a67 y3ba2 wcc3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a68 y3ba2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a69 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6a y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6b y3ba2 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls195 ws1b5 gsa66\">15<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls193 ws1b3 gsa67\">16<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls196 ws1b6 gsa68\">17<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls197 ws1b7 gsa69\">18<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls198 ws1b8 gsa6a\">19<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls199 ws1b9 gsa6b\">20<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19a ws1ba gsa6c\">21<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa6d\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa6e\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa6f\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa70\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa71\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa72\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa73\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa74\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa75\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa76\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa77\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa78\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa79\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa7a\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa7b\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa7c\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa7d\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19b ws1bb gsa7e\">22<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa7f\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa80\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa81\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa82\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa83\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa84\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa85\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa86\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa87\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa88\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19c ws1bc gsa89\">23<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls19d ws1bd gsa8a\">24<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa8b\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa8c\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gsa8d\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls19e ws1be gsa8e\">25<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa8f\">1. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: O<span class=\"_ _0\"></span>ne C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>R 5A<span class=\"_ _6\"></span>A<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa90\">2. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 11-<span class=\"_ _3\"></span>15 Sea<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E4 0<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa91\">3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t 3 Ed<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>lto<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, La<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>e, E<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wal<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, No<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>G12 4<span class=\"_ _0\"></span>JL<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa92\">4. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 47 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>1 0B<span class=\"_ _0\"></span>D<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa93\">5. <span class=\"_ _19\"> </span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t is c<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as a J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p do<span class=\"_ _0\"></span>es n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa94\">6. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, M2 6<span class=\"_ _0\"></span>LW<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa95\">7<span class=\"_ _c\"></span>. <span class=\"_ _2b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Jo<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ne H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 5<span class=\"_ _0\"></span>2-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4 R<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n, A<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>10 1<span class=\"_ _3\"></span>H<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa96\">8. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bi<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ta I<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s, H<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nx<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e, C<span class=\"_ _0\"></span>B10 1DR<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa97\">9. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 12/1 N<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Ea<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t Me<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ne V<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C 3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa98\">10. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 8 Ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>na V<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ew, A<span class=\"_ _0\"></span>sia S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re Towe<span class=\"_ _0\"></span>r 1 Si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa99\">1<span class=\"_ _3\"></span>1. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 3 O<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>W1H 0<span class=\"_ _0\"></span>BF<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa9a\">12. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t 80<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>h H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, Pi<span class=\"_ _0\"></span>ne S<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d, E<span class=\"_ _0\"></span>C1R 0<span class=\"_ _0\"></span>JH<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa9b\">13. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ka<span class=\"_ _0\"></span>o Da<span class=\"_ _0\"></span>ta C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Roa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ow, U<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, CM<span class=\"_ _0\"></span>17 9NA </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa9c\">14. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t, C<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, Trur<span class=\"_ _0\"></span>o, C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nw<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l, T<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>4 8R<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa9d\">15. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: C/O R<span class=\"_ _0\"></span>oxb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h Mi<span class=\"_ _0\"></span>lk<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed M<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>, Wap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>1 4R<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa9e\">16. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Ki<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g\u2019s G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on Tyne<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, NE<span class=\"_ _0\"></span>1 7R<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsa9f\">17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>ton H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l D<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>, Sa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dy<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>, D18 Y2<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>8 </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa0\">18. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ai<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>a Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Wed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ck L<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>, Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>V3<span class=\"_ _0\"></span>4 5<span class=\"_ _0\"></span>YA<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa1\">19. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y O<span class=\"_ _0\"></span>ffi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Wel<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, OX1 2<span class=\"_ _0\"></span>JD </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa2\">20. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>4 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>4 9WG<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa3\">21. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 35<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>r, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>2 3<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa4\">22<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 3r<span class=\"_ _0\"></span>d Fl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r, On<span class=\"_ _0\"></span>e T<span class=\"_ _0\"></span>he E<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E2 3<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>A </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa5\">23<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1-2 V<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, 4 D0<span class=\"_ _0\"></span>4 X<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa6\">24<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1 Qu<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n C<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W6 9Y<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gsaa7\">25<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1a Can<span class=\"_ _0\"></span>al V<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w, Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Wes<span class=\"_ _0\"></span>t L<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EH<span class=\"_ _0\"></span>52 6<span class=\"_ _0\"></span>FE</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-641": {
   "value": "1<span class=\"_ _c\"></span>1 Financia<span class=\"_ _3\"></span>l inv<span class=\"_ _3\"></span>estments and inv<span class=\"_ _3\"></span>estment propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>Note<span class=\"_ _3ad\"> </span><table class=\"s w3d6 h164\" id=\"_f55fbff5-2ed9-4dbb-88fc-4bf5301d40d6\"><tr><td></td><td></td><td></td><td class=\"t m1 x78f h1b y336e ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x790 h1b y336f ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3370 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3371 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x656 h1b y3372 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3373 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3374 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x401 h1b y3375 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3376 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3377 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3378 ff11e fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ed as<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y3379 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x791 y337a w3d7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x792 y337a w3d8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1d ws32\">335,466<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x793 y337a w3d9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3306 w3da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x794 y3306 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x795 y3306 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x796 y3306 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y337b ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss \u2013 de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x797 y337c w3dc h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x798 y337c w3dd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x799 y337c w3de h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y337d ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x79a y337e w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79b y337e w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79c y337e w3e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">10,290<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w3e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments at fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79d y31eb w3e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11(<span class=\"_ _6\"></span>i<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79e y31eb w3e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a8 y31eb w3e4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x79f y31eb w3e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">463,<span class=\"_ _0\"></span>360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w3e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a0 y31ec w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,032<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a1 y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x422 y31ec w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,032<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w3e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a2 y328d w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a3 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a4 y328d w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y337f w3e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal financial <span class=\"_ _3\"></span>investments<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a5 y337f w3e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a6 y337f w190 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a7 y337f w3ea h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">4<span class=\"_ _0\"></span>71,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y324c w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a9 y324c w3ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7aa y324c wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3329 w3ee h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ab y3329 w3ef h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ac y3329 w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ad y3329 w3f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">48<span class=\"_ _0\"></span>0,298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7ae y31cc wff h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7af y312a w3f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">44<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,785<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Note<span class=\"_ _3ad\"> </span><table class=\"s w3f5 h165\" id=\"_e37227ef-74b8-47f6-8001-7fbf9bfdc0da\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3380 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x667 h11 y3381 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7b0 h11 y3382 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x224 h11 y3383 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x7b1 h11 y3384 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3385 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3386 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x656 h11 y3387 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3388 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3389 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x401 h11 y338a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y338b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y338c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y338d ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e cla<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y338e ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x797 y338f w379 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">66,<span class=\"_ _0\"></span>520<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b2 y338f w3f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">312<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b3 y338f w3f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">378<span class=\"_ _0\"></span>,52<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3390 w3da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x771 y3390 w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b4 y3390 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x592 y3390 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3391 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss \u2013 de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x7b5 y3392 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b6 y3392 w3f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3<span class=\"_ _0\"></span>,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b7 y3392 w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">45<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3393 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x79a y3394 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b8 y3394 w2d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"></span>2<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b9 y3394 w3fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3395 w3fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ba y3395 w3fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11(<span class=\"_ _6\"></span>i<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bb y3395 w3fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">110<span class=\"_ _6\"></span>,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bc y3395 w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,<span class=\"_ _0\"></span>663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bd y3395 w36d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3396 w3e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7be y3396 w3ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _1\"></span>,845<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y3396 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c0 y3396 w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,845<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w3e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c1 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c3 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w401 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c4 y31c8 w402 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">11<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c5 y31c8 w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,66<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c6 y31c8 w403 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6,558<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y324c w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,6<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c7 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y324c w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w406 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7c9 y31cb w407 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ca y31cb w408 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">33<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7cb y31cb w409 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7cc y31cc w40a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">36,<span class=\"_ _0\"></span>296<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w3f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x7cd y312a w40b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">419<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ris<span class=\"_ _0\"></span>ks on uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>ts are bo<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>e by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g risks ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are out<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>ed in Note 7<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span>Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, cas<span class=\"_ _0\"></span>h and ca<span class=\"_ _0\"></span>sh equ<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>: \u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _c\"></span>,1<span class=\"_ _c\"></span>61<span class=\"_ _c\"></span>m) of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s ple<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed as col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t ne<span class=\"_ _0\"></span>t der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y pos<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d as coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l </span>are T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, forei<span class=\"_ _0\"></span>gn gove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, A and BBB co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds and ca<span class=\"_ _0\"></span>sh (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A and A<span class=\"_ _6\"></span>A cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d cash) havin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of over 44 yea<span class=\"_ _0\"></span>rs (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: over 38 year<span class=\"_ _0\"></span>s). \u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a35<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>7m (202<span class=\"_ _0\"></span>2: \u00a35<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>7m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>ts pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d as coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer dea<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>. The ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s used as co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al are<span class=\"_ _0\"></span> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gilt<span class=\"_ _0\"></span>s, A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>A to BBB co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds and ca<span class=\"_ _0\"></span>sh (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gil<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to BBB co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s and cas<span class=\"_ _0\"></span>h) <span class=\"_ _3\"></span>havi<span class=\"_ _0\"></span>ng a resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> of over 4<span class=\"_ _0\"></span>4 year<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: over 88 year<span class=\"_ _0\"></span>s). \u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">\u00a3752<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3673m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>ts pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y swap<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d as col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al are<span class=\"_ _0\"></span> </span>T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y gilt<span class=\"_ _0\"></span>s and A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to A<span class=\"_ _0\"></span>A cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: T<span class=\"_ _c\"></span>re<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y gi<span class=\"_ _0\"></span>lts<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to A <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>ds) <span class=\"_ _3\"></span>hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of over 34 year<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: over 45 yea<span class=\"_ _0\"></span>rs). Wh<span class=\"_ _0\"></span>ile pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed as col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up is en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve all of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e cash flow<span class=\"_ _0\"></span>s from the as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts above<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is no <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>pay or tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span> cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r enti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Thes<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are ne<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r pas<span class=\"_ _0\"></span>t due<span class=\"_ _0\"></span>, nor imp<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the fu<span class=\"_ _0\"></span>ll exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re of the<span class=\"_ _0\"></span>se ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is pe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to sell or rep<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e col<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al as per th<span class=\"_ _0\"></span>e Inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al Sw<span class=\"_ _0\"></span>ap Dea<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>rs As<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e has be<span class=\"_ _0\"></span>en no de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt by the own<span class=\"_ _0\"></span>er of the col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had rep<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>sh co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al wi<span class=\"_ _0\"></span>th a fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a36<span class=\"_ _0\"></span>47m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a398<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m) in <span class=\"_ _3\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r to fulfi<span class=\"_ _0\"></span>l oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s have an <span class=\"_ _3\"></span>ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span> the ca<span class=\"_ _0\"></span>sh co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al to the Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re are no oth<span class=\"_ _0\"></span>er si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ter<span class=\"_ _0\"></span>ms an<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th the use of this cas<span class=\"_ _0\"></span>h col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e \u00a325<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>52<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a331,5<span class=\"_ _0\"></span>33<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>of asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s that have bee<span class=\"_ _0\"></span>n sol<span class=\"_ _0\"></span>d but no<span class=\"_ _0\"></span>t der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d and are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Risk<span class=\"_ _0\"></span>s and rewa<span class=\"_ _0\"></span>rds of the<span class=\"_ _0\"></span>se asse<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d obli<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to repu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts is in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Payab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (No<span class=\"_ _0\"></span>te 24). Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n those ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to be set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths an<span class=\"_ _0\"></span>d afte<span class=\"_ _0\"></span>r 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>ths in lin<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of the backe<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts in exce<span class=\"_ _0\"></span>ss of the insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span> se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>d af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>(i) F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w40c h166\" id=\"_664a9b9d-2ffd-4c13-bdae-60498cfcf6e7\"><tr><td></td><td></td><td></td><td class=\"t m1 x67e h1b y3397 ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x67f h1b y3398 ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x539 h1b y3399 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y339a ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x242 h1b y339b ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y339c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y339d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x243 h1b y339e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y339f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y33a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y33a1 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ce y33a1 w40e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7cf y33a1 wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d0 y33a1 w40f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">185<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a2 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7d1 y33a2 w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,<span class=\"_ _0\"></span>298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d2 y33a2 w411 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d3 y33a2 w412 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>25,948<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a3 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d4 y33a3 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d5 y33a3 w415 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>019<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d6 y33a3 w416 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d7 y33a3 w417 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7d8 y31f6 w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c8 y31f6 w419 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d9 y31f6 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">10,290<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w41a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estments<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7da y31cb w41b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7db y31cb w3e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7dc y31cb w3e5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">46<span class=\"_ _0\"></span>3,360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y31f8 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a9 y31f8 w3ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7aa y31f8 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1fa h131\"><div class=\"t m1 x1e4 he y3063 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7dd y312a w3ef h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7de y312a w41c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsbe wsce\">350,6<span class=\"_ _0\"></span>68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7df y312a w41d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls39 ws1c\">47<span class=\"_ _3\"></span>2,25<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>Notes<span class=\"_ _3ad\"> </span><table class=\"s w41e h167\" id=\"_714989c3-c60f-4f33-9fd2-42399197080b\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h11 y33a4 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y33a5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67e h11 y33a6 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33a7 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x67f h11 y33a8 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x540 h11 y33a9 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33aa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x242 h11 y33ab ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ac ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ad ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x243 h11 y33ae ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33af ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33b0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y33b1 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ce y33b1 w41f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,0<span class=\"_ _0\"></span>71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e0 y33b1 w420 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _c\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e1 y33b1 w421 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">16<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e2 y328d w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e3 y328d w423 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e4 y328d w424 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7d4 y31c8 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e5 y31c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e6 y31c8 w425 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e7 y31c8 w426 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">4<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e8 y324c w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e9 y324c w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ea y324c w3fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w429 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Financial inv<span class=\"_ _3\"></span>estme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7eb y31cb w42a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ec y31cb w42b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">328,663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ed y31cb w42c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7a8 y31cc w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,6<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c7 y31cc w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y31cc w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w42d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7ee y312a w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ef y312a w408 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">33<span class=\"_ _0\"></span>2,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f0 y312a w42f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8,084<span class=\"_ _3ad\"> </span></div></td></tr></table>In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are \u00a3162m (202<span class=\"_ _0\"></span>2: \u00a3187m<span class=\"_ _3\"></span>) of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h inco<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te an emb<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve lin<span class=\"_ _0\"></span>ked to the valu<span class=\"_ _0\"></span>e of the Gro<span class=\"_ _0\"></span>up\u2019s shar<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii) Fair<span class=\"_ _3\"></span> value hierarchy Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low bre<span class=\"_ _0\"></span>aks dow<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y by fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>y level<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h168\" id=\"_826b67a9-f3da-4b1d-8c74-6bdb909f9aeb\"><tr><td></td><td class=\"t m1 x5e3 h1b y33b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y33b4 ff11a fs6 fc0 sc0 ls22 ws27\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f3 y33b5 w430 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f4 y33b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f5 y33b5 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f6 y33b5 w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f7 y32c8 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f8 y32c8 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f9 y32c8 w432 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fa y32c8 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fb y32ca w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fc y32ca w433 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fd y32ca w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y32ca w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x801 y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x802 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x804 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x805 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b8 w435 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Shareholder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x806 y33b8 w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">121,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x807 y33b8 w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y33b8 w434 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x809 y33b8 w437 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>891<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y33b9 ff11a fs6 fc0 sc0 ls8 ws2c\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y3220 w438 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80b y3220 w439 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">182<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3220 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3220 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80d y33ba w1fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80e y33ba w43a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">9<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80f y33ba w3d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x810 y33ba w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,028<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bb w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x811 y33bb w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x812 y33bb wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x813 y33bb wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y33bb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x816 y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33bd w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81a y33bd w43b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33be w43c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Unit linked<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81b y33be w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81c y33be w1fb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">274,370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81d y33be w43d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls180 ws1a2\">7<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81e y33be w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">4,857<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bf w43f h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81f y33bf w440 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls39 ws1c\">472<span class=\"_ _3\"></span>,253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x820 y33bf w441 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _6\"></span>01,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x821 y33bf w442 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y33bf w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c0 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x823 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x824 y33c1 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x825 y33c1 w30e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x826 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c2 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x827 y33c3 w394 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x828 y33c3 w122 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x829 y33c3 w11b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82a y33c3 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h169\" id=\"_6d3b8742-93fc-4fdc-a4b5-7674c458e0bd\"><tr><td></td><td class=\"t m1 x5e3 h11 y33c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x455 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x227 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y33c6 ff11f fs6 fc0 sc0 ls4 ws3\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y33b5 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82c y33b5 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6e8 y33b5 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y33b5 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c7 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82e y33c7 w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82f y33c7 w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x830 y33c7 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x831 y33c7 w415 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x832 y33c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x833 y33c8 w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x834 y33c8 wff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _6\"></span>87<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x835 y33c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321b w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x836 y321b w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y321b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x838 y321b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y321b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c9 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33c9 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y33c9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83b y33c9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83c y33c9 w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ca w448 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal Share<span class=\"_ _0\"></span>holder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83d y33ca w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83e y33ca w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83f y33ca w44a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x840 y33ca w44b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">22,<span class=\"_ _0\"></span>832<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33cb ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33cc w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y33cc w44c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _1\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x841 y33cc w44d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">163,727<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x842 y33cc wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y33cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cd w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x844 y33cd w44e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">14<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x845 y33cd w44f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">105<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x846 y33cd w450 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x847 y33cd w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ce w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x848 y33ce w4c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y33ce w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84a y33ce w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33ce w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84c y33cf w452 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84d y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84e y33cf w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84f y33d0 w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x850 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x851 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y33d0 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w454 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x853 y33d1 w455 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">332<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x854 y33d1 w456 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">269<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y33d1 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x621 y33d1 w457 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x856 y33d1 w458 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">5,<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d2 w459 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x857 y33d2 w45a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>48,08<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x858 y33d2 w45b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">288<span class=\"_ _0\"></span>,42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x859 y33d2 w45c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85a y33d2 w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d3 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y31cc wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x85d y31cc w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85e y31cc wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d4 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x860 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x861 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x862 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t on t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>t a tot<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>7,8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e level<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 1<span class=\"_ _c\"></span>: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>una<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>) in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts for ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 2: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s for all inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Level 1 that ar<span class=\"_ _0\"></span>e obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for the asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y (i.e. as pric<span class=\"_ _0\"></span>es) or indi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly (i.e<span class=\"_ _0\"></span>. der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pric<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3: fair valu<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es for any in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t for the ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the mea<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t is not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t data (unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Leve<span class=\"_ _0\"></span>l 2 asse<span class=\"_ _0\"></span>ts mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r value<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Level 2 asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as IHS Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t, IC<span class=\"_ _0\"></span>E and Bl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, or Ind<span class=\"_ _0\"></span>ex Prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as Bar<span class=\"_ _0\"></span>clay<span class=\"_ _0\"></span>s, Me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ll L<span class=\"_ _3\"></span>y<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h or JPM<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>n. Ea<span class=\"_ _0\"></span>ch use<span class=\"_ _0\"></span>s math<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g and mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e sour<span class=\"_ _0\"></span>ce val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in ord<span class=\"_ _0\"></span>er to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of OTC Deri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s; OTCs are mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t usin<span class=\"_ _0\"></span>g an in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e syste<span class=\"_ _0\"></span>m (Lo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ard O<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>n), <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal ve<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>r (IH<span class=\"_ _0\"></span>S Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it), in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el or Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ks. In nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, we woul<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r these ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. Fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th our pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and a numb<span class=\"_ _0\"></span>er of the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g bro<span class=\"_ _0\"></span>ker<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e not fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>ket and have the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>m as Level 2.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pol<span class=\"_ _0\"></span>icy is to re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>s cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts at the en<span class=\"_ _0\"></span>d of each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls at<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t poin<span class=\"_ _0\"></span>t in time. At 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s totall<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g net \u00a30.7bn (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a36.0<span class=\"_ _0\"></span>bn) tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m Level 2 <span class=\"_ _3\"></span>to Level 1 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy.<span class=\"_ _3ad\"> </span>(b) Level 3 asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le bro<span class=\"_ _0\"></span>ker. Unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in priva<span class=\"_ _0\"></span>te equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>ate loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ips<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In many si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y may fall into dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>vels of the fai<span class=\"_ _0\"></span>r value hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy. In these<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es the le<span class=\"_ _0\"></span>vel in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e falls bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e lowes<span class=\"_ _0\"></span>t level in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t is signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r value<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts may be use<span class=\"_ _0\"></span>d in the dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion of fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>s the fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>s fair valu<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d at the app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>. As appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ues re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and ris<span class=\"_ _0\"></span>k marg<span class=\"_ _0\"></span>ins on un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct to a cont<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t inp<span class=\"_ _0\"></span>ut var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and ou<span class=\"_ _0\"></span>tp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt of the ris<span class=\"_ _0\"></span>k take<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d and app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e and valid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y as appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _3ad\"> </span><table class=\"s w45f h16a\" id=\"_bafd526a-a6a3-4401-a3a2-0012d656383a\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x6a3 h11 y33d5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x863 h1b y33d6 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x711 h11 y33d7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x864 h1b y33d8 ff11a fs2 fc0 sc0 ls10b ws59\">Equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x865 h1b y33d9 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x866 h1b y33da ff11a fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x335 h11 y33db ff11c fs2 fc0 sc0 ls39 ws1c\">Equit<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h11 y33dc ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x868 h11 y33dd ff11c fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33de ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x869 h1b y33df ff11a fs2 fc0 sc0 ls149 ws6c\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86a h1b y33e0 ff11a fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86b h1b y33e1 ff11a fs2 fc0 sc0 ls10b ws59\">propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33e2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y33e3 ff11f fs2 fc0 sc0 ls3a ws46\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y33e4 ff11c fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y33e5 ff11c fs2 fc0 sc0 ls3a ws46\">proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33e6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y33e7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y33e8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y33e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y33eb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y33ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y33ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y33f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y33f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y33f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y33f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y33f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x86f y32cf w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x870 y32cf w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>42<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x871 y32cf w461 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x872 y32cf w462 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x873 y32cf w463 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x874 y32cf wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x875 y32cf w464 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x876 y32cf w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>8,7<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y33f7 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) for the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x3a9 ha y33f8 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 real<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x877 y31eb w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x878 y31eb w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x879 y31eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87a y31eb w467 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87b y31eb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87c y31eb w468 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _6\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87d y31eb w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87e y31eb w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y33f9 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 unr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x356 y31ec w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87f y31ec w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">357<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x880 y31ec w46c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(92<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x881 y31ec w46d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x882 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x883 y31ec w46f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x884 y31ec w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x885 y31ec w3e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w471 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Purchases/A<span class=\"_ _3\"></span>dditions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x886 y31ed w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x887 y31ed w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y31ed w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x889 y31ed w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88a y31ed w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88b y31ed w193 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">10,<span class=\"_ _3\"></span>922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88c y31ed w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y31ed w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w475 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Disposals/De<span class=\"_ _0\"></span>recog<span class=\"_ _0\"></span>nitions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88d y31ee w476 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88e y31ee w477 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88f y31ee w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x890 y31ee w478 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,021<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x891 y31ee w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y31ee w47a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x893 y31ee w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x894 y31ee w47c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">(7<span class=\"_ _c\"></span>,666)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w47d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x895 y31ef w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x896 y31ef w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x897 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x898 y31ef w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">243<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x899 y31ef w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89a y31ef w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89c y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w480 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>t of Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89d y31cb w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a0 y31cb w482 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a1 y31cb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a2 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y31cb w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a5 y31cc w485 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a6 y31cc w486 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a7 y31cc w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a8 y31cc w487 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a9 y31cc w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8aa y31cc w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ab y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ac y312a w488 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,39<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ad y312a w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">20,<span class=\"_ _0\"></span>463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ae y312a w489 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8af y312a w48a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b0 y312a w107 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b1 y312a w48b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">16,<span class=\"_ _0\"></span>421<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b2 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b3 y312a w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd u<span class=\"_ _0\"></span>nr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s/(<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Equit<span class=\"_ _0\"></span>y secur<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>2m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>307m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is mad<span class=\"_ _0\"></span>e up of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d at the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the Net As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ird pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch are of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bu<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>n also de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cs of ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on valu<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is of mile<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ne ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>evem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt and ca<span class=\"_ _0\"></span>sh ru<span class=\"_ _0\"></span>nway for ear<span class=\"_ _0\"></span>ly/sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flow mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s for inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at the nex<span class=\"_ _6\"></span>t st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>gs mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es for mo<span class=\"_ _0\"></span>re mat<span class=\"_ _0\"></span>ure inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span><div class=\"t m1 h4 ff11e fs0 fc4 sc0 ls0 ws0 gs53f\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs540\">Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e (L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M) loa<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ges am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a35,<span class=\"_ _0\"></span>766m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>gag<span class=\"_ _0\"></span>es are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs541\">dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l by proj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te net ass<span class=\"_ _0\"></span>et pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>tes infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d from cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs542\">infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d illiq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms for th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0 and 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps. T<span class=\"_ _0\"></span>his en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>e value of loan<span class=\"_ _0\"></span>s at out<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs543\">wi<span class=\"_ _0\"></span>th the pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce of the loan an<span class=\"_ _0\"></span>d ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n new and in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e a no nega<span class=\"_ _0\"></span>tive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs544\">gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee (N<span class=\"_ _0\"></span>NEG) to borr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. This en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at if the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fall be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e sale pro<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g loan bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs545\">on re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the loan<span class=\"_ _0\"></span>, the valu<span class=\"_ _0\"></span>e of the loan wil<span class=\"_ _0\"></span>l be red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed by this am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e NNEG on lo<span class=\"_ _0\"></span>an red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is value<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of put op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs546\">whi<span class=\"_ _0\"></span>ch we cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nt of the Blac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>es for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>. Key assum<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs547\">lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>dex vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ear<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 3<span class=\"_ _3\"></span>1 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs548\">20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a com<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m and lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>fla<span class=\"_ _0\"></span>t rate of 2.8<span class=\"_ _0\"></span>% annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, afte<span class=\"_ _0\"></span>r all<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs549\">for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of dilap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The valu<span class=\"_ _0\"></span>es of the pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan<span class=\"_ _0\"></span>s are upd<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the date of the last pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs54a\">the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date by inde<span class=\"_ _0\"></span>xin<span class=\"_ _0\"></span>g usi<span class=\"_ _0\"></span>ng UK re<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l hous<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs54b\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loan<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns) <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a310,5<span class=\"_ _0\"></span>7<span class=\"_ _3\"></span>4m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>8m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs54c\">fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows whi<span class=\"_ _0\"></span>ch are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e yiel<span class=\"_ _0\"></span>d cur<span class=\"_ _6\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e LGIM ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oved co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l spre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by IHS<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs54d\">Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it wh<span class=\"_ _0\"></span>o also pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e an ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t go into th<span class=\"_ _0\"></span>e dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs54e\">ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>tor, sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r, per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce dy<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pri<span class=\"_ _0\"></span>vate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h were<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs54f\">exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted as far bac<span class=\"_ _0\"></span>k as 201<span class=\"_ _c\"></span>1, <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are fixe<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. The wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs550\">the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio is 7<span class=\"_ _c\"></span>.8 year<span class=\"_ _0\"></span>s, wi<span class=\"_ _0\"></span>th a weigh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge life of 1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>.<span class=\"_ _c\"></span>1 year<span class=\"_ _0\"></span>s. Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd ou<span class=\"_ _0\"></span>t to 206<span class=\"_ _0\"></span>3. The pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ate cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs551\">of asse<span class=\"_ _0\"></span>ts has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by an inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it tea<span class=\"_ _0\"></span>m in line wi<span class=\"_ _0\"></span>th inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs552\">fro<span class=\"_ _0\"></span>m A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to <span class=\"_ _3\"></span>B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>-.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs553\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e US bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a31,68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>ey are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a pric<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g matr<span class=\"_ _0\"></span>ix co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>a pub<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs554\">sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d matr<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to each hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m spre<span class=\"_ _0\"></span>ad mat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e are add<span class=\"_ _0\"></span>ed to the ris<span class=\"_ _0\"></span>k-fr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs555\">ra<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s and est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h a marke<span class=\"_ _0\"></span>t value for ea<span class=\"_ _0\"></span>ch inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>vate pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs556\">31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 20 and 70b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs557\">In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>ts amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>4m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to Kni<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t Fran<span class=\"_ _0\"></span>k and CB<span class=\"_ _0\"></span>RE wh<span class=\"_ _0\"></span>o app<span class=\"_ _0\"></span>ly a yie<span class=\"_ _0\"></span>ld to matur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs558\">dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d futu<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>sh flows to der<span class=\"_ _0\"></span>ive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>all valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ta<span class=\"_ _0\"></span>kes into ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y loc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>s, ten<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e, re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs559\">br<span class=\"_ _0\"></span>eak ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, lea<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs55a\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 4% and 7% and es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s (ER<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n \u00a318 <span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>nd \u00a3<span class=\"_ _0\"></span>31<span class=\"_ _3\"></span>0 pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs55b\">Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a378<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>768m) and are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k for per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng loa<span class=\"_ _0\"></span>ns at the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs55c\">leve<span class=\"_ _0\"></span>l and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for loans id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to be dist<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at the loa<span class=\"_ _0\"></span>n level<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h loa<span class=\"_ _0\"></span>n are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g stoc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs55d\">ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate pat<span class=\"_ _0\"></span>hs and ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lus<span class=\"_ _0\"></span>ive of an Opti<span class=\"_ _0\"></span>on Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Spr<span class=\"_ _0\"></span>ead (OAS), de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng on new lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs55e\">obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20 and 30<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs55f\">O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch are no<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>ed in an ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>49m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3217m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>ey have be<span class=\"_ _0\"></span>en valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs560\">co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e due to infre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5d ws68 gs561\">Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs562\">Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a38<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>89<span class=\"_ _0\"></span>3m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2m) is value<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of exte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. All pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs563\">UK ar<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed ou<span class=\"_ _0\"></span>t in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e lates<span class=\"_ _0\"></span>t ed<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of the Valuat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n St<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds pu<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Royal Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te of Char<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>veyor<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and are<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs564\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs as de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Ou<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e UK<span class=\"_ _0\"></span>, val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs565\">pr<span class=\"_ _0\"></span>ofess<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs in th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d. Wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ns the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs566\">in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s the valu<span class=\"_ _0\"></span>er to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In thi<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs mu<span class=\"_ _0\"></span>st us<span class=\"_ _0\"></span>e thei<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs567\">kn<span class=\"_ _0\"></span>owl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e and profe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and not re<span class=\"_ _0\"></span>ly on<span class=\"_ _0\"></span>ly up<span class=\"_ _0\"></span>on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>d on his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs568\">Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es als<span class=\"_ _0\"></span>o incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h that is base<span class=\"_ _0\"></span>d on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ren<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me pl<span class=\"_ _0\"></span>us an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d upli<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs569\">up<span class=\"_ _0\"></span>lif<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rates ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m rates im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs56a\">31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 3% and 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>% and ER<span class=\"_ _0\"></span>V bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n \u00a35 and \u00a3310 <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs56b\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y by sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs56c\"><table class=\"s w48c h16b\" id=\"_08c81f94-d2f7-48cb-86dd-dfc837a9388c\"><tr><td></td><td class=\"t m1 x225 h1b y33fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y33fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y33fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b4 y31ec w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y31ec w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w48d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Leisure<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y31ed w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b7 y31ed w48e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w48f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Distribution<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b8 y31ee w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b9 y31ee w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w490 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e spa<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ba y324c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _6\"></span>,76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y324c w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>069<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w492 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y31cb w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y31cb w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w494 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Accommodation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y31cc w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">1,<span class=\"_ _0\"></span>715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bf y312a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y312a w496 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr></table></div>(c<span class=\"_ _c\"></span>) Ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct of ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s on Level 3 asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e, in ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t are not<span class=\"_ _0\"></span> evi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the sa<span class=\"_ _0\"></span>me ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d are not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fair valu<span class=\"_ _0\"></span>es of Level 3 inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in uno<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow sho<span class=\"_ _0\"></span>ws the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of Level 3 asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re on how th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d can be fou<span class=\"_ _0\"></span>nd in the de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w497 h16c\" id=\"_17552286-2c79-4b2c-8609-9b3cc403f3da\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y33fc ff11a fs2 fc0 sc0 ls114 wsa1\">Sensitivities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8c0 h1b y33fd ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h1b y33fe ff11a fs2 fc0 sc0 ls114 wsa1\">Positive<span class=\"_ _3\"></span> </td><td class=\"t m1 x1df h1b y33ff ff11a fs2 fc0 sc0 ls172 ws18f\">Negativ<span class=\"_ _3\"></span>e </td></tr><tr><td></td><td class=\"t m1 x33d h1b y3400 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y3401 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td><td class=\"t m1 x1eb h1b y3402 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 x711 h1b y3403 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3404 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3405 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3357 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c1 y3357 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c2 y3357 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">262<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y3357 w499 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w49a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ios<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c4 y3358 w49b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>3,042<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y3358 w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c6 y3358 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c7 y31e5 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c8 y31e5 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">7<span class=\"_ _0\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c9 y31e5 w49c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3406 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x2a3 y31cc w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>047<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ca y31cc w49d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cb y31cc w49e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w49f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al L<span class=\"_ _0\"></span>evel 3 a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cc y312a w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cd y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ce y312a w4a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>012<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 3 eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ip a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a sing<span class=\"_ _0\"></span>le var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the asse<span class=\"_ _0\"></span>t, bu<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a func<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of flexi<span class=\"_ _0\"></span>ng mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n at indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l. Th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sets ou<span class=\"_ _0\"></span>t a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>key fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>, and how th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n flexe<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Lifetime mortgage<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Key assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are lis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _c\"></span>1(ii)(<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve the valu<span class=\"_ _0\"></span>es in the<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ove tabl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y by valu<span class=\"_ _0\"></span>e is -20b<span class=\"_ _0\"></span>ps of marke<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ead an<span class=\"_ _0\"></span>d over<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>2m and \u00a3(1<span class=\"_ _3\"></span>91<span class=\"_ _3\"></span>)m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Private<span class=\"_ _3\"></span> credit por<span class=\"_ _0\"></span>tfolios<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io has be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d whic<span class=\"_ _0\"></span>h es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad valu<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of each ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch as cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>s for the pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to be <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>wer for hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts as com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ed to lowe<span class=\"_ _0\"></span>r rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. A signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of the spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span> is in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to the sele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of the basket of rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t it may at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al of 20b<span class=\"_ _0\"></span>ps on the sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion BB<span class=\"_ _0\"></span>B rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed in iso<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad in com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor bo<span class=\"_ _0\"></span>nd sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed val<span class=\"_ _0\"></span>ues of \u00a32<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d \u00a3(220)<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ngs ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s on the basis of ope<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue as defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed in the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>al and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n manu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> of the Royal In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>te of Cha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Sur<span class=\"_ _6\"></span>veyo<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h, se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of asse<span class=\"_ _0\"></span>t level an<span class=\"_ _0\"></span>d por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o level me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch ma<span class=\"_ _0\"></span>ke refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>t do not flex in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d by the ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> in valu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>. Eac<span class=\"_ _0\"></span>h met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y and ag<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l sens<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span> the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio. O<span class=\"_ _0\"></span>ne me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d is simi<span class=\"_ _0\"></span>lar to that use<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o as it dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of an alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ate pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m and oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. In this me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y we <span class=\"_ _3\"></span>wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r yie<span class=\"_ _0\"></span>ld se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to a hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/or shor<span class=\"_ _6\"></span>te<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>low<span class=\"_ _0\"></span>er ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>25 year<span class=\"_ _0\"></span>s in nor<span class=\"_ _0\"></span>mal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns thi<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d lead to a <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5b<span class=\"_ _0\"></span>ps yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d flex (<span class=\"_ _3\"></span>as opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to a <span class=\"_ _3\"></span>35<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s yie<span class=\"_ _0\"></span>ld flex for a BBB<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th 30 year re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y whic<span class=\"_ _0\"></span>h lead<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date is rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to an exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e in case law whe<span class=\"_ _0\"></span>re it was fou<span class=\"_ _0\"></span>nd tha<span class=\"_ _0\"></span>t an acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in of err<span class=\"_ _0\"></span>or in a valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te is 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r way, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bei<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n with du<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e. If this sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y were to be taken wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng it wou<span class=\"_ _0\"></span>ld pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a3594<span class=\"_ _0\"></span>m and \u00a3(59<span class=\"_ _0\"></span>4)m<span class=\"_ _0\"></span>. It sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld be note<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t some se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove are non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d larg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or small<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not be inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>se resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) I<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span> GB<span class=\"_ _0\"></span>P LIB<span class=\"_ _0\"></span>OR was re<span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by SON<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>A from the e<span class=\"_ _0\"></span>nd of 2021, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d US<span class=\"_ _0\"></span>D LIB<span class=\"_ _0\"></span>OR was re<span class=\"_ _0\"></span>pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by SOF<span class=\"_ _0\"></span>R at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3. Eur<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>or wil<span class=\"_ _0\"></span>l rema<span class=\"_ _0\"></span>in bu<span class=\"_ _0\"></span>t will<span class=\"_ _0\"></span> be adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ed by the Eur<span class=\"_ _0\"></span>o Mon<span class=\"_ _0\"></span>ey Mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>ts Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te (EM<span class=\"_ _0\"></span>MI<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ed away fro<span class=\"_ _0\"></span>m GBP LI<span class=\"_ _0\"></span>BO<span class=\"_ _0\"></span>R by 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2021, with on<span class=\"_ _0\"></span>ly a few remai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>oss cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y posi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h matu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d and rol<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d of<span class=\"_ _0\"></span>f in Marc<span class=\"_ _0\"></span>h 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt of fixed to floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate no<span class=\"_ _0\"></span>tes re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n. Th<span class=\"_ _0\"></span>e issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>ll the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> bef<span class=\"_ _0\"></span>ore th<span class=\"_ _0\"></span>ey co<span class=\"_ _0\"></span>nver<span class=\"_ _6\"></span>t to <span class=\"_ _3\"></span>flo<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng or the flo<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>te will be am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d via the co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t soli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n proc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ss. Th<span class=\"_ _0\"></span>e tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on away from U<span class=\"_ _0\"></span>SD LI<span class=\"_ _0\"></span>BO<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ahea<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>J<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>e 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span><div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs59d\">1<span class=\"_ _3\"></span>2 De<span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs59e\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves as a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of effic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t is not limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to, hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs59f\">fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risks<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p uses he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed the pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia in IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a0\">Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 are me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise th<span class=\"_ _0\"></span>e offs<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of chan<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in the fair val<span class=\"_ _0\"></span>ue or cas<span class=\"_ _0\"></span>h flow of the der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>. </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs5a1\">Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 cas<span class=\"_ _0\"></span>h flow hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a2\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into fixe<span class=\"_ _0\"></span>d rate bor<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>gs de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d in US<span class=\"_ _0\"></span>D and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge and in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t rate ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. In ord<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a3\">to hed<span class=\"_ _0\"></span>ge the<span class=\"_ _0\"></span>se ris<span class=\"_ _0\"></span>ks the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has ente<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te swaps<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure to be swap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d into a fixed ra<span class=\"_ _0\"></span>te in its </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a4\">fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e had a net asse<span class=\"_ _0\"></span>t fair val<span class=\"_ _0\"></span>ue tota<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng \u00a3<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>5m) and a notio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,0<span class=\"_ _0\"></span>99<span class=\"_ _0\"></span>m at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a5\">(202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,09<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m). <span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e was no <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs5a6\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s \u2013 held for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a7\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s of eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es in acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a8\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y, but for vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s reaso<span class=\"_ _0\"></span>ns are no<span class=\"_ _0\"></span>t desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hin a form<span class=\"_ _0\"></span>al he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s mus<span class=\"_ _0\"></span>t be desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5a9\">he<span class=\"_ _0\"></span>ld for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, and gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es on thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"gs5aa\"><table class=\"s w4a1 h16d\" id=\"_f029d11a-d7e4-4e9a-8c03-8e60c4080151\"><tr><td></td><td class=\"c n x8cf y3407 w4a2 h141\"><div class=\"t m1 x1e4 h11 y323c ff11a fs2 fc0 sc0 ls114 wsa1\">Fair v<span class=\"_ _3\"></span>alues<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x8d0 y3408 w4a3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">Fair v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"c x8d2 y340a w4a4 h16e\"><div class=\"t m1 x1e4 h1b y31fd ff11a fs2 fc0 sc0 ls35 ws42\">Assets</div><div class=\"t m1 x8d1 h9d y3409 ff11a fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x8d3 h1b y340b ff11a fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h11 y340b ff11f fs2 fc0 sc0 ls3a ws46\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h11 y340b ff11c fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y340c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y340c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y340c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bd h11 y340c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y340d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y340d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y340d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d4 h11 y340d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y340e ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y340f w4a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d5 y340f w2d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>411<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d6 y340f w4a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">33,580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d7 y340f w4a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35,<span class=\"_ _0\"></span>63<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d8 y340f w4a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3410 w4a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d9 y3410 w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8da y3410 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y3410 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x682 y3410 w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3411 w4aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts \u2013 he<span class=\"_ _0\"></span>ld for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8db y3411 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8dc y3411 w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8dd y3411 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8de y3411 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,00<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3412 w4ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts \u2013 cas<span class=\"_ _0\"></span>h flow he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8df y3412 w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e0 y3412 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e1 y3412 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e2 y3412 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3413 w4ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 held fo<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e3 y3413 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>,704<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e4 y3413 w35f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">4,<span class=\"_ _0\"></span>827<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e5 y3413 w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">4<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e6 y3413 w4af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">5,092<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3414 w4b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e7 y3414 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">96<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e8 y3414 w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e9 y3414 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ea y3414 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3415 w4b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y3415 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ec y3415 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ed y3415 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ee y3415 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3416 w4b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y/i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ef y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f0 y3416 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f1 y3416 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f2 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3417 w4b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f3 y3417 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x670 y3417 w4b5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f4 y3417 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f5 y3417 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">270<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w4b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal shareholder derivatives<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f6 y324a w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f7 y324a wf9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">40,<span class=\"_ _0\"></span>499<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f8 y324a w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f9 y324a w4b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3418 ff11a fs6 fc0 sc0 ls16 ws16\">Unit linked derivatives<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ea w4a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fa y31ea w3dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fb y31ea w119 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">335<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fc y31ea w4b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67a y31ea w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w4a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fd y31eb w4b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">815<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fe y31eb w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">420<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ff y31eb wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">798<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x900 y31eb w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w4b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x901 y31ec w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x902 y31ec w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x903 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x904 y31ec w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w4ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 held fo<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x905 y328d w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x906 y328d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x907 y328d w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>423<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x908 y328d wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w4b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x909 y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90a y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90b y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90c y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w4b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y/i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90d y324c w49d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">969<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90e y324c w4bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,22<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y324c w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90f y324c w4bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">174<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cb w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x910 y31cb w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x911 y31cb w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x912 y31cb w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w4c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal unit link<span class=\"_ _3\"></span>ed derivatives<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x913 y31cc w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x914 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,322<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1e7 y31cc w425 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x915 y31cc w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">5,<span class=\"_ _0\"></span>085<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>otal derivative assets and liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x916 y312a w3de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x917 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x918 y312a w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">45<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x919 y312a w4c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _6\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h9d ff11a fs27 fc0 sc0 ls4 ws3 gs5ab\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff11c fs27 fc0 sc0 ls4 ws3 gs5ac\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff11c fs27 fc0 sc0 ls4 ws3 gs5ad\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs5ae\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted B<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>te 11<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs5af\">2. <span class=\"_ _19\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 24).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5b1\">Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flows in re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves have the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves have not<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5b2\">be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s are not di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs5b3\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs5b4\"><table class=\"s w4c3 h16f\" id=\"_b1fe7926-dd2c-4739-bc2c-7f5b8b2abe0f\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x91a h1b y3419 ff11e fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x91b h1b y341a ff11a fs2 fc0 sc0 ls116 ws123\">Fair<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h1b y341b ff11a fs2 fc0 sc0 ls132 ws12c\">Within<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x4f7 h1b y341c ff11a fs2 fc0 sc0 lsdf wsdb\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x91d h1b y341d ff11a fs2 fc0 sc0 ls114 wsa1\">values<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h1b y341e ff11a fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91f h1b y341e ff11a fs2 fc0 sc0 ls60 wsa8\">1-5<span class=\"_ _0\"></span> ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y341e ff11a fs2 fc0 sc0 lsb4 wsc0\">5<span class=\"_ _0\"></span>-1<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> y<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>a<span class=\"_ _6\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8c0 h1b y341e ff11a fs2 fc0 sc0 ls30 ws3b\">15<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> y<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h1b y341f ff11a fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y341f ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h1b y3420 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3422 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3422 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3423 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh in<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec he y3424 ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3425 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x921 y3425 w4c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x922 y3425 w4c5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">17,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x923 y3425 w213 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,787<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x924 y3425 w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x925 y3425 w4c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3425 w4c7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x927 y3425 wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3426 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x928 y3426 w4c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x929 y3426 w3f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92a y3426 w4ca h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">21,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92b y3426 w4cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92c y3426 w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92d y3426 w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92e y3426 w4cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">88,022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92f y31ec w4ce h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x930 y31ec w4cf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _c\"></span>,<span class=\"_ _c\"></span>137<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x931 y31ec w4d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x932 y31ec w4d1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x933 y31ec w432 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x934 y31ec w4d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x935 y31ec w4d3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3427 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec he y3428 ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y322f w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x921 y322f w4c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x936 y322f w4d4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x937 y322f w4d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x938 y322f w4d6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">(35,293)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x939 y322f w4d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(1<span class=\"_ _3\"></span>6,054)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93a y322f w4d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93b y322f w4d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x928 y31f7 w4c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93c y31f7 w4da h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>,13<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93d y31f7 w4db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93e y31f7 w4dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93f y31f7 w41d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(22<span class=\"_ _0\"></span>,714)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x940 y31f7 w4dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(1<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x941 y31f7 w4de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">(1<span class=\"_ _c\"></span>30,330)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x942 y31cc w4df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x943 y31cc w4e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>619<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x944 y31cc w4e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x945 y31cc w4e2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>81<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>217<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x946 y31cc w4e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,76<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x947 y31cc w4e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>21,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x948 y31cc w4e5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(2<span class=\"_ _6\"></span>31,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x949 y312a w6b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94a y312a w1cf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94b y312a w4e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>08)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94c y312a w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94d y312a w4e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">(697)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94e y312a w4ea h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs5b5\">As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div><div class=\"gs5b6\"><table class=\"s w4eb h170\" id=\"_50f2650b-6862-473d-85b2-821a8a4bd663\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x94f h11 y3429 ff11c fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x91b h11 y342a ff11f fs2 fc0 sc0 ls14b ws167\">Fair<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h11 y342b ff11c fs2 fc0 sc0 ls39 ws1c\">Within<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x4f7 h11 y342c ff11c fs2 fc0 sc0 lsf5 ws103\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x950 h11 y342d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x951 h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">1-5 y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">5<span class=\"_ _0\"></span>-15 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x952 h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">15-<span class=\"_ _0\"></span>25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y342f ff11c fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y342f ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h11 y3430 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3432 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3432 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3433 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3434 ff11c fs6 fc0 sc0 ls22 ws27\">Shareholder derivat<span class=\"_ _3\"></span>ives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32d0 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x953 y32d0 w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x954 y32d0 w4ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x955 y32d0 w4ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x956 y32d0 w4ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">4<span class=\"_ _0\"></span>0,608<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x957 y32d0 w4f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y32d0 w4f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x959 y32d0 w4f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _b\"> </span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95a y31eb w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95b y31eb w4f4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">1<span class=\"_ _c\"></span>2,562<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95c y31eb w189 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95d y31eb w4f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,167<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95e y31eb w170 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95f y31eb wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,98<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x960 y31eb w4f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x961 y31ec w4f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x962 y31ec w4f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x963 y31ec w4fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">52,<span class=\"_ _0\"></span>201<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x964 y31ec w4fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">68<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x965 y31ec w4fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">29,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y31ec w4fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x966 y31ec w4fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">1<span class=\"_ _3\"></span>93,555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3435 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3436 ff11c fs6 fc0 sc0 ls22 ws27\">Shareholder derivat<span class=\"_ _3\"></span>ives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x953 y31ef w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x967 y31ef w4ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x968 y31ef w500 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x969 y31ef w501 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(25<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96a y31ef w502 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96b y31ef w1dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96c y31ef w103 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _6\"></span>74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95a y3225 w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96d y3225 w503 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96e y3225 w504 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96f y3225 w3f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96a y3225 w3e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x970 y3225 w505 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x971 y3225 w506 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x972 y3277 w507 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x973 y3277 w508 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>82)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x974 y3277 w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>,16<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x975 y3277 w509 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x976 y3277 w50a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x977 y3277 w50b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(18<span class=\"_ _6\"></span>,16<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x978 y3277 w50c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w50d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x979 y312a w50e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97a y312a w1dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>96<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97b y312a w50f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97c y312a w510 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97d y312a w511 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97e y312a w431 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5b7\">Fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows on th<span class=\"_ _0\"></span>e float<span class=\"_ _0\"></span>ing le<span class=\"_ _0\"></span>gs of inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te and exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives ar<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t spo<span class=\"_ _0\"></span>t rates<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch may dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5b8\">mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5b9\">Cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>ts cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by cred<span class=\"_ _0\"></span>it de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s above on an exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis as cas<span class=\"_ _0\"></span>h flows wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5ba\">on<span class=\"_ _0\"></span>e year. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5bb\">Cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows or out<span class=\"_ _6\"></span>flows are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted on a net bas<span class=\"_ _0\"></span>is whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e net or has a lega<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5bc\">in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basi<span class=\"_ _0\"></span>s.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-754": {
   "value": "<div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5e wsc gs513\">(ii) Fair<span class=\"_ _3\"></span> value hierarchy </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs514\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low bre<span class=\"_ _0\"></span>aks dow<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y by fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>y level<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs515\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs516\"><table class=\"s w2db h168\" id=\"_826b67a9-f3da-4b1d-8c74-6bdb909f9aeb\"><tr><td></td><td class=\"t m1 x5e3 h1b y33b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y33b4 ff11a fs6 fc0 sc0 ls22 ws27\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f3 y33b5 w430 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f4 y33b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f5 y33b5 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f6 y33b5 w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f7 y32c8 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f8 y32c8 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f9 y32c8 w432 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fa y32c8 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fb y32ca w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fc y32ca w433 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fd y32ca w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y32ca w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x801 y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x802 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x804 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x805 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b8 w435 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Shareholder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x806 y33b8 w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">121,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x807 y33b8 w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y33b8 w434 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x809 y33b8 w437 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>891<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y33b9 ff11a fs6 fc0 sc0 ls8 ws2c\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y3220 w438 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80b y3220 w439 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">182<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3220 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3220 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80d y33ba w1fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80e y33ba w43a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">9<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80f y33ba w3d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x810 y33ba w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,028<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bb w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x811 y33bb w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x812 y33bb wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x813 y33bb wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y33bb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x816 y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33bd w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81a y33bd w43b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33be w43c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Unit linked<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81b y33be w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81c y33be w1fb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">274,370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81d y33be w43d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls180 ws1a2\">7<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81e y33be w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">4,857<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bf w43f h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81f y33bf w440 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls39 ws1c\">472<span class=\"_ _3\"></span>,253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x820 y33bf w441 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _6\"></span>01,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x821 y33bf w442 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y33bf w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c0 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x823 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x824 y33c1 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x825 y33c1 w30e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x826 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c2 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x827 y33c3 w394 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x828 y33c3 w122 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x829 y33c3 w11b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82a y33c3 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs517\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs518\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs519\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></div><div class=\"gs51a\"><table class=\"s w2e5 h169\" id=\"_6d3b8742-93fc-4fdc-a4b5-7674c458e0bd\"><tr><td></td><td class=\"t m1 x5e3 h11 y33c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x455 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x227 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y33c6 ff11f fs6 fc0 sc0 ls4 ws3\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y33b5 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82c y33b5 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6e8 y33b5 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y33b5 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c7 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82e y33c7 w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82f y33c7 w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x830 y33c7 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x831 y33c7 w415 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x832 y33c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x833 y33c8 w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x834 y33c8 wff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _6\"></span>87<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x835 y33c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321b w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x836 y321b w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y321b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x838 y321b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y321b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c9 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33c9 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y33c9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83b y33c9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83c y33c9 w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ca w448 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal Share<span class=\"_ _0\"></span>holder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83d y33ca w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83e y33ca w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83f y33ca w44a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x840 y33ca w44b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">22,<span class=\"_ _0\"></span>832<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33cb ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33cc w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y33cc w44c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _1\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x841 y33cc w44d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">163,727<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x842 y33cc wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y33cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cd w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x844 y33cd w44e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">14<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x845 y33cd w44f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">105<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x846 y33cd w450 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x847 y33cd w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ce w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x848 y33ce w4c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y33ce w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84a y33ce w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33ce w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84c y33cf w452 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84d y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84e y33cf w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84f y33d0 w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x850 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x851 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y33d0 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w454 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x853 y33d1 w455 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">332<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x854 y33d1 w456 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">269<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y33d1 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x621 y33d1 w457 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x856 y33d1 w458 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">5,<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d2 w459 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x857 y33d2 w45a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>48,08<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x858 y33d2 w45b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">288<span class=\"_ _0\"></span>,42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x859 y33d2 w45c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85a y33d2 w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d3 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y31cc wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x85d y31cc w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85e y31cc wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d4 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x860 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x861 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x862 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs51b\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs51c\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs51d\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t on t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>t a tot<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>7,8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs127\">Th<span class=\"_ _0\"></span>e level<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs129\">Leve<span class=\"_ _0\"></span>l 1<span class=\"_ _c\"></span>: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>una<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>) in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts for ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs51e\">Leve<span class=\"_ _0\"></span>l 2: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s for all inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs51f\">wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Level 1 that ar<span class=\"_ _0\"></span>e obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for the asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y (i.e. as pric<span class=\"_ _0\"></span>es) or indi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly (i.e<span class=\"_ _0\"></span>. der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pric<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs520\">Leve<span class=\"_ _0\"></span>l 3: fair valu<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es for any in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t for the ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the mea<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t is not base<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs521\">on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t data (unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span></div>(a<span class=\"_ _c\"></span>) Leve<span class=\"_ _0\"></span>l 2 asse<span class=\"_ _0\"></span>ts mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r value<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Level 2 asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as IHS Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t, IC<span class=\"_ _0\"></span>E and Bl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, or Ind<span class=\"_ _0\"></span>ex Prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as Bar<span class=\"_ _0\"></span>clay<span class=\"_ _0\"></span>s, Me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ll L<span class=\"_ _3\"></span>y<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h or JPM<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>n. Ea<span class=\"_ _0\"></span>ch use<span class=\"_ _0\"></span>s math<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g and mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e sour<span class=\"_ _0\"></span>ce val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in ord<span class=\"_ _0\"></span>er to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of OTC Deri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s; OTCs are mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t usin<span class=\"_ _0\"></span>g an in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e syste<span class=\"_ _0\"></span>m (Lo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ard O<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>n), <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal ve<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>r (IH<span class=\"_ _0\"></span>S Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it), in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el or Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ks. In nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, we woul<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r these ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. Fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th our pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and a numb<span class=\"_ _0\"></span>er of the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g bro<span class=\"_ _0\"></span>ker<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e not fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>ket and have the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>m as Level 2.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pol<span class=\"_ _0\"></span>icy is to re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>s cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts at the en<span class=\"_ _0\"></span>d of each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls at<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t poin<span class=\"_ _0\"></span>t in time. At 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s totall<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g net \u00a30.7bn (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a36.0<span class=\"_ _0\"></span>bn) tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m Level 2 <span class=\"_ _3\"></span>to Level 1 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy.<span class=\"_ _3ad\"> </span>(b) Level 3 asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le bro<span class=\"_ _0\"></span>ker. Unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in priva<span class=\"_ _0\"></span>te equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>ate loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ips<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In many si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y may fall into dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>vels of the fai<span class=\"_ _0\"></span>r value hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy. In these<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es the le<span class=\"_ _0\"></span>vel in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e falls bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e lowes<span class=\"_ _0\"></span>t level in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t is signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r value<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts may be use<span class=\"_ _0\"></span>d in the dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion of fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>s the fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>s fair valu<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d at the app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>. As appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ues re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and ris<span class=\"_ _0\"></span>k marg<span class=\"_ _0\"></span>ins on un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct to a cont<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t inp<span class=\"_ _0\"></span>ut var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and ou<span class=\"_ _0\"></span>tp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt of the ris<span class=\"_ _0\"></span>k take<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d and app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e and valid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y as appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _3ad\"> </span><table class=\"s w45f h16a\" id=\"_bafd526a-a6a3-4401-a3a2-0012d656383a\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x6a3 h11 y33d5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x863 h1b y33d6 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x711 h11 y33d7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x864 h1b y33d8 ff11a fs2 fc0 sc0 ls10b ws59\">Equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x865 h1b y33d9 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x866 h1b y33da ff11a fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x335 h11 y33db ff11c fs2 fc0 sc0 ls39 ws1c\">Equit<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h11 y33dc ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x868 h11 y33dd ff11c fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33de ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x869 h1b y33df ff11a fs2 fc0 sc0 ls149 ws6c\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86a h1b y33e0 ff11a fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86b h1b y33e1 ff11a fs2 fc0 sc0 ls10b ws59\">propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33e2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y33e3 ff11f fs2 fc0 sc0 ls3a ws46\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y33e4 ff11c fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y33e5 ff11c fs2 fc0 sc0 ls3a ws46\">proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33e6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y33e7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y33e8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y33e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y33eb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y33ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y33ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y33f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y33f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y33f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y33f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y33f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x86f y32cf w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x870 y32cf w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>42<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x871 y32cf w461 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x872 y32cf w462 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x873 y32cf w463 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x874 y32cf wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x875 y32cf w464 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x876 y32cf w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>8,7<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y33f7 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) for the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x3a9 ha y33f8 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 real<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x877 y31eb w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x878 y31eb w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x879 y31eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87a y31eb w467 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87b y31eb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87c y31eb w468 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _6\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87d y31eb w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87e y31eb w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y33f9 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 unr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x356 y31ec w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87f y31ec w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">357<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x880 y31ec w46c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(92<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x881 y31ec w46d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x882 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x883 y31ec w46f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x884 y31ec w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x885 y31ec w3e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w471 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Purchases/A<span class=\"_ _3\"></span>dditions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x886 y31ed w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x887 y31ed w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y31ed w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x889 y31ed w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88a y31ed w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88b y31ed w193 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">10,<span class=\"_ _3\"></span>922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88c y31ed w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y31ed w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w475 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Disposals/De<span class=\"_ _0\"></span>recog<span class=\"_ _0\"></span>nitions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88d y31ee w476 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88e y31ee w477 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88f y31ee w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x890 y31ee w478 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,021<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x891 y31ee w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y31ee w47a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x893 y31ee w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x894 y31ee w47c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">(7<span class=\"_ _c\"></span>,666)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w47d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x895 y31ef w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x896 y31ef w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x897 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x898 y31ef w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">243<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x899 y31ef w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89a y31ef w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89c y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w480 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>t of Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89d y31cb w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a0 y31cb w482 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a1 y31cb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a2 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y31cb w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a5 y31cc w485 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a6 y31cc w486 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a7 y31cc w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a8 y31cc w487 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a9 y31cc w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8aa y31cc w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ab y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ac y312a w488 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,39<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ad y312a w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">20,<span class=\"_ _0\"></span>463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ae y312a w489 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8af y312a w48a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b0 y312a w107 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b1 y312a w48b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">16,<span class=\"_ _0\"></span>421<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b2 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b3 y312a w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd u<span class=\"_ _0\"></span>nr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s/(<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Equit<span class=\"_ _0\"></span>y secur<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>2m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>307m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is mad<span class=\"_ _0\"></span>e up of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d at the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the Net As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ird pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch are of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bu<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>n also de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cs of ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on valu<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is of mile<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ne ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>evem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt and ca<span class=\"_ _0\"></span>sh ru<span class=\"_ _0\"></span>nway for ear<span class=\"_ _0\"></span>ly/sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flow mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s for inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at the nex<span class=\"_ _6\"></span>t st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>gs mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es for mo<span class=\"_ _0\"></span>re mat<span class=\"_ _0\"></span>ure inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e (L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M) loa<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ges am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a35,<span class=\"_ _0\"></span>766m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>gag<span class=\"_ _0\"></span>es are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l by proj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te net ass<span class=\"_ _0\"></span>et pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>tes infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d from cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. Th<span class=\"_ _0\"></span>e infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d illiq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms for th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0 and 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps. T<span class=\"_ _0\"></span>his en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>e value of loan<span class=\"_ _0\"></span>s at out<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th the pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce of the loan an<span class=\"_ _0\"></span>d ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n new and in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e a no nega<span class=\"_ _0\"></span>tive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee (N<span class=\"_ _0\"></span>NEG) to borr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. This en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at if the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fall be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e sale pro<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g loan bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> on re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the loan<span class=\"_ _0\"></span>, the valu<span class=\"_ _0\"></span>e of the loan wil<span class=\"_ _0\"></span>l be red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed by this am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e NNEG on lo<span class=\"_ _0\"></span>an red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is value<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of put op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch we cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nt of the Blac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>es for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>. Key assum<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>dex vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ear<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 3<span class=\"_ _3\"></span>1 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a com<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m and lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>fla<span class=\"_ _0\"></span>t rate of 2.8<span class=\"_ _0\"></span>% annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, afte<span class=\"_ _0\"></span>r all<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of dilap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The valu<span class=\"_ _0\"></span>es of the pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan<span class=\"_ _0\"></span>s are upd<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the date of the last pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date by inde<span class=\"_ _0\"></span>xin<span class=\"_ _0\"></span>g usi<span class=\"_ _0\"></span>ng UK re<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l hous<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loan<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns) <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a310,5<span class=\"_ _0\"></span>7<span class=\"_ _3\"></span>4m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>8m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows whi<span class=\"_ _0\"></span>ch are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e yiel<span class=\"_ _0\"></span>d cur<span class=\"_ _6\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e LGIM ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oved co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l spre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by IHS<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it wh<span class=\"_ _0\"></span>o also pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e an ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t go into th<span class=\"_ _0\"></span>e dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>tor, sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r, per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce dy<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pri<span class=\"_ _0\"></span>vate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h were<span class=\"_ _0\"></span> exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted as far bac<span class=\"_ _0\"></span>k as 201<span class=\"_ _c\"></span>1, <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are fixe<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. The wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio is 7<span class=\"_ _c\"></span>.8 year<span class=\"_ _0\"></span>s, wi<span class=\"_ _0\"></span>th a weigh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge life of 1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>.<span class=\"_ _c\"></span>1 year<span class=\"_ _0\"></span>s. Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd ou<span class=\"_ _0\"></span>t to 206<span class=\"_ _0\"></span>3. The pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ate cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by an inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it tea<span class=\"_ _0\"></span>m in line wi<span class=\"_ _0\"></span>th inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to <span class=\"_ _3\"></span>B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>-.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e US bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a31,68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>ey are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a pric<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g matr<span class=\"_ _0\"></span>ix co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>a pub<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d matr<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to each hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m spre<span class=\"_ _0\"></span>ad mat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e are add<span class=\"_ _0\"></span>ed to the ris<span class=\"_ _0\"></span>k-fr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s and est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h a marke<span class=\"_ _0\"></span>t value for ea<span class=\"_ _0\"></span>ch inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>vate pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 20 and 70b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>ts amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>4m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to Kni<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t Fran<span class=\"_ _0\"></span>k and CB<span class=\"_ _0\"></span>RE wh<span class=\"_ _0\"></span>o app<span class=\"_ _0\"></span>ly a yie<span class=\"_ _0\"></span>ld to matur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d futu<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>sh flows to der<span class=\"_ _0\"></span>ive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>all valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ta<span class=\"_ _0\"></span>kes into ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y loc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>s, ten<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e, re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l br<span class=\"_ _0\"></span>eak ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, lea<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 4% and 7% and es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s (ER<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n \u00a318 <span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>nd \u00a3<span class=\"_ _0\"></span>31<span class=\"_ _3\"></span>0 pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a378<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>768m) and are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k for per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng loa<span class=\"_ _0\"></span>ns at the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> leve<span class=\"_ _0\"></span>l and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for loans id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to be dist<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at the loa<span class=\"_ _0\"></span>n level<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h loa<span class=\"_ _0\"></span>n are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g stoc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate pat<span class=\"_ _0\"></span>hs and ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lus<span class=\"_ _0\"></span>ive of an Opti<span class=\"_ _0\"></span>on Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Spr<span class=\"_ _0\"></span>ead (OAS), de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng on new lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20 and 30<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch are no<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>ed in an ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>49m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3217m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>ey have be<span class=\"_ _0\"></span>en valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e due to infre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a38<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>89<span class=\"_ _0\"></span>3m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2m) is value<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of exte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. All pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the UK ar<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed ou<span class=\"_ _0\"></span>t in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e lates<span class=\"_ _0\"></span>t ed<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of the Valuat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n St<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds pu<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Royal Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te of Char<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>veyor<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and are<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs as de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Ou<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e UK<span class=\"_ _0\"></span>, val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofess<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs in th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d. Wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ns the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s the valu<span class=\"_ _0\"></span>er to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In thi<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs mu<span class=\"_ _0\"></span>st us<span class=\"_ _0\"></span>e thei<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> kn<span class=\"_ _0\"></span>owl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e and profe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and not re<span class=\"_ _0\"></span>ly on<span class=\"_ _0\"></span>ly up<span class=\"_ _0\"></span>on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>d on his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es als<span class=\"_ _0\"></span>o incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h that is base<span class=\"_ _0\"></span>d on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ren<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me pl<span class=\"_ _0\"></span>us an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d upli<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the up<span class=\"_ _0\"></span>lif<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rates ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m rates im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 3% and 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>% and ER<span class=\"_ _0\"></span>V bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n \u00a35 and \u00a3310 <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y by sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w48c h16b\" id=\"_08c81f94-d2f7-48cb-86dd-dfc837a9388c\"><tr><td></td><td class=\"t m1 x225 h1b y33fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y33fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y33fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b4 y31ec w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y31ec w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w48d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Leisure<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y31ed w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b7 y31ed w48e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w48f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Distribution<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b8 y31ee w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b9 y31ee w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w490 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e spa<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ba y324c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _6\"></span>,76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y324c w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>069<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w492 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y31cb w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y31cb w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w494 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Accommodation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y31cc w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">1,<span class=\"_ _0\"></span>715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bf y312a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y312a w496 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) Ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct of ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s on Level 3 asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e, in ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t are not<span class=\"_ _0\"></span> evi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the sa<span class=\"_ _0\"></span>me ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d are not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fair valu<span class=\"_ _0\"></span>es of Level 3 inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in uno<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow sho<span class=\"_ _0\"></span>ws the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of Level 3 asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re on how th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d can be fou<span class=\"_ _0\"></span>nd in the de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w497 h16c\" id=\"_17552286-2c79-4b2c-8609-9b3cc403f3da\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y33fc ff11a fs2 fc0 sc0 ls114 wsa1\">Sensitivities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8c0 h1b y33fd ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h1b y33fe ff11a fs2 fc0 sc0 ls114 wsa1\">Positive<span class=\"_ _3\"></span> </td><td class=\"t m1 x1df h1b y33ff ff11a fs2 fc0 sc0 ls172 ws18f\">Negativ<span class=\"_ _3\"></span>e </td></tr><tr><td></td><td class=\"t m1 x33d h1b y3400 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y3401 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td><td class=\"t m1 x1eb h1b y3402 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 x711 h1b y3403 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3404 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3405 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3357 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c1 y3357 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c2 y3357 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">262<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y3357 w499 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w49a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ios<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c4 y3358 w49b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>3,042<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y3358 w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c6 y3358 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c7 y31e5 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c8 y31e5 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">7<span class=\"_ _0\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c9 y31e5 w49c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3406 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x2a3 y31cc w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>047<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ca y31cc w49d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cb y31cc w49e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w49f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al L<span class=\"_ _0\"></span>evel 3 a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cc y312a w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cd y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ce y312a w4a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>012<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 3 eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ip a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a sing<span class=\"_ _0\"></span>le var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the asse<span class=\"_ _0\"></span>t, bu<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a func<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of flexi<span class=\"_ _0\"></span>ng mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n at indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l. Th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sets ou<span class=\"_ _0\"></span>t a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>key fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>, and how th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n flexe<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Lifetime mortgage<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Key assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are lis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _c\"></span>1(ii)(<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve the valu<span class=\"_ _0\"></span>es in the<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ove tabl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y by valu<span class=\"_ _0\"></span>e is -20b<span class=\"_ _0\"></span>ps of marke<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ead an<span class=\"_ _0\"></span>d over<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>2m and \u00a3(1<span class=\"_ _3\"></span>91<span class=\"_ _3\"></span>)m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Private<span class=\"_ _3\"></span> credit por<span class=\"_ _0\"></span>tfolios<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io has be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d whic<span class=\"_ _0\"></span>h es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad valu<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of each ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch as cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>s for the pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to be <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>wer for hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts as com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ed to lowe<span class=\"_ _0\"></span>r rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. A signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of the spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span> is in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to the sele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of the basket of rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t it may at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al of 20b<span class=\"_ _0\"></span>ps on the sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion BB<span class=\"_ _0\"></span>B rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed in iso<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad in com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor bo<span class=\"_ _0\"></span>nd sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed val<span class=\"_ _0\"></span>ues of \u00a32<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d \u00a3(220)<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ngs ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s on the basis of ope<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue as defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed in the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>al and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n manu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> of the Royal In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>te of Cha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Sur<span class=\"_ _6\"></span>veyo<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h, se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of asse<span class=\"_ _0\"></span>t level an<span class=\"_ _0\"></span>d por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o level me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch ma<span class=\"_ _0\"></span>ke refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>t do not flex in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d by the ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> in valu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>. Eac<span class=\"_ _0\"></span>h met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y and ag<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l sens<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span> the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio. O<span class=\"_ _0\"></span>ne me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d is simi<span class=\"_ _0\"></span>lar to that use<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o as it dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of an alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ate pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m and oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. In this me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y we <span class=\"_ _3\"></span>wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r yie<span class=\"_ _0\"></span>ld se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to a hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/or shor<span class=\"_ _6\"></span>te<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>low<span class=\"_ _0\"></span>er ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>25 year<span class=\"_ _0\"></span>s in nor<span class=\"_ _0\"></span>mal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns thi<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d lead to a <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5b<span class=\"_ _0\"></span>ps yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d flex (<span class=\"_ _3\"></span>as opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to a <span class=\"_ _3\"></span>35<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s yie<span class=\"_ _0\"></span>ld flex for a BBB<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th 30 year re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y whic<span class=\"_ _0\"></span>h lead<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date is rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to an exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e in case law whe<span class=\"_ _0\"></span>re it was fou<span class=\"_ _0\"></span>nd tha<span class=\"_ _0\"></span>t an acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in of err<span class=\"_ _0\"></span>or in a valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te is 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r way, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bei<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n with du<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e. If this sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y were to be taken wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng it wou<span class=\"_ _0\"></span>ld pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a3594<span class=\"_ _0\"></span>m and \u00a3(59<span class=\"_ _0\"></span>4)m<span class=\"_ _0\"></span>. It sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld be note<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t some se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove are non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d larg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or small<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not be inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>se resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-774": {
   "value": "(ii) Fair<span class=\"_ _3\"></span> value hierarchy Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low bre<span class=\"_ _0\"></span>aks dow<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y by fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>y level<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h168\" id=\"_826b67a9-f3da-4b1d-8c74-6bdb909f9aeb\"><tr><td></td><td class=\"t m1 x5e3 h1b y33b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y33b4 ff11a fs6 fc0 sc0 ls22 ws27\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f3 y33b5 w430 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f4 y33b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f5 y33b5 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f6 y33b5 w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f7 y32c8 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f8 y32c8 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f9 y32c8 w432 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fa y32c8 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fb y32ca w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fc y32ca w433 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fd y32ca w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y32ca w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x801 y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x802 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x804 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x805 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b8 w435 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Shareholder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x806 y33b8 w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">121,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x807 y33b8 w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y33b8 w434 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x809 y33b8 w437 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>891<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y33b9 ff11a fs6 fc0 sc0 ls8 ws2c\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y3220 w438 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80b y3220 w439 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">182<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3220 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3220 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80d y33ba w1fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80e y33ba w43a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">9<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80f y33ba w3d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x810 y33ba w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,028<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bb w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x811 y33bb w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x812 y33bb wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x813 y33bb wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y33bb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x816 y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33bd w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81a y33bd w43b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33be w43c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Unit linked<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81b y33be w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81c y33be w1fb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">274,370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81d y33be w43d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls180 ws1a2\">7<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81e y33be w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">4,857<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bf w43f h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81f y33bf w440 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls39 ws1c\">472<span class=\"_ _3\"></span>,253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x820 y33bf w441 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _6\"></span>01,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x821 y33bf w442 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y33bf w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c0 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x823 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x824 y33c1 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x825 y33c1 w30e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x826 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c2 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x827 y33c3 w394 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x828 y33c3 w122 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x829 y33c3 w11b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82a y33c3 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h169\" id=\"_6d3b8742-93fc-4fdc-a4b5-7674c458e0bd\"><tr><td></td><td class=\"t m1 x5e3 h11 y33c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x455 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x227 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y33c6 ff11f fs6 fc0 sc0 ls4 ws3\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y33b5 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82c y33b5 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6e8 y33b5 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y33b5 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c7 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82e y33c7 w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82f y33c7 w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x830 y33c7 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x831 y33c7 w415 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x832 y33c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x833 y33c8 w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x834 y33c8 wff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _6\"></span>87<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x835 y33c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321b w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x836 y321b w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y321b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x838 y321b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y321b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c9 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33c9 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y33c9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83b y33c9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83c y33c9 w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ca w448 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal Share<span class=\"_ _0\"></span>holder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83d y33ca w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83e y33ca w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83f y33ca w44a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x840 y33ca w44b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">22,<span class=\"_ _0\"></span>832<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33cb ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33cc w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y33cc w44c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _1\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x841 y33cc w44d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">163,727<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x842 y33cc wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y33cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cd w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x844 y33cd w44e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">14<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x845 y33cd w44f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">105<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x846 y33cd w450 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x847 y33cd w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ce w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x848 y33ce w4c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y33ce w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84a y33ce w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33ce w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84c y33cf w452 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84d y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84e y33cf w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84f y33d0 w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x850 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x851 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y33d0 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w454 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x853 y33d1 w455 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">332<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x854 y33d1 w456 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">269<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y33d1 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x621 y33d1 w457 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x856 y33d1 w458 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">5,<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d2 w459 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x857 y33d2 w45a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>48,08<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x858 y33d2 w45b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">288<span class=\"_ _0\"></span>,42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x859 y33d2 w45c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85a y33d2 w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d3 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y31cc wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x85d y31cc w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85e y31cc wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d4 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x860 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x861 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x862 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t on t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>t a tot<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>7,8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e level<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 1<span class=\"_ _c\"></span>: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>una<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>) in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts for ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 2: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s for all inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Level 1 that ar<span class=\"_ _0\"></span>e obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for the asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y (i.e. as pric<span class=\"_ _0\"></span>es) or indi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly (i.e<span class=\"_ _0\"></span>. der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pric<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3: fair valu<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es for any in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t for the ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the mea<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t is not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t data (unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Leve<span class=\"_ _0\"></span>l 2 asse<span class=\"_ _0\"></span>ts mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r value<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Level 2 asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as IHS Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t, IC<span class=\"_ _0\"></span>E and Bl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, or Ind<span class=\"_ _0\"></span>ex Prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as Bar<span class=\"_ _0\"></span>clay<span class=\"_ _0\"></span>s, Me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ll L<span class=\"_ _3\"></span>y<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h or JPM<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>n. Ea<span class=\"_ _0\"></span>ch use<span class=\"_ _0\"></span>s math<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g and mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e sour<span class=\"_ _0\"></span>ce val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in ord<span class=\"_ _0\"></span>er to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of OTC Deri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s; OTCs are mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t usin<span class=\"_ _0\"></span>g an in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e syste<span class=\"_ _0\"></span>m (Lo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ard O<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>n), <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal ve<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>r (IH<span class=\"_ _0\"></span>S Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it), in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el or Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ks. In nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, we woul<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r these ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. Fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th our pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and a numb<span class=\"_ _0\"></span>er of the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g bro<span class=\"_ _0\"></span>ker<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e not fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>ket and have the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>m as Level 2.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pol<span class=\"_ _0\"></span>icy is to re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>s cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts at the en<span class=\"_ _0\"></span>d of each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls at<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t poin<span class=\"_ _0\"></span>t in time. At 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s totall<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g net \u00a30.7bn (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a36.0<span class=\"_ _0\"></span>bn) tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m Level 2 <span class=\"_ _3\"></span>to Level 1 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy.<span class=\"_ _3ad\"> </span>(b) Level 3 asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le bro<span class=\"_ _0\"></span>ker. Unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in priva<span class=\"_ _0\"></span>te equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>ate loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ips<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In many si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y may fall into dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>vels of the fai<span class=\"_ _0\"></span>r value hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy. In these<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es the le<span class=\"_ _0\"></span>vel in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e falls bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e lowes<span class=\"_ _0\"></span>t level in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t is signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r value<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts may be use<span class=\"_ _0\"></span>d in the dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion of fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>s the fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>s fair valu<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d at the app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>. As appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ues re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and ris<span class=\"_ _0\"></span>k marg<span class=\"_ _0\"></span>ins on un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct to a cont<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t inp<span class=\"_ _0\"></span>ut var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and ou<span class=\"_ _0\"></span>tp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt of the ris<span class=\"_ _0\"></span>k take<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d and app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e and valid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y as appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _3ad\"> </span><table class=\"s w45f h16a\" id=\"_bafd526a-a6a3-4401-a3a2-0012d656383a\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x6a3 h11 y33d5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x863 h1b y33d6 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x711 h11 y33d7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x864 h1b y33d8 ff11a fs2 fc0 sc0 ls10b ws59\">Equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x865 h1b y33d9 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x866 h1b y33da ff11a fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x335 h11 y33db ff11c fs2 fc0 sc0 ls39 ws1c\">Equit<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h11 y33dc ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x868 h11 y33dd ff11c fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33de ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x869 h1b y33df ff11a fs2 fc0 sc0 ls149 ws6c\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86a h1b y33e0 ff11a fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86b h1b y33e1 ff11a fs2 fc0 sc0 ls10b ws59\">propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33e2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y33e3 ff11f fs2 fc0 sc0 ls3a ws46\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y33e4 ff11c fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y33e5 ff11c fs2 fc0 sc0 ls3a ws46\">proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33e6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y33e7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y33e8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y33e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y33eb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y33ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y33ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y33f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y33f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y33f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y33f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y33f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x86f y32cf w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x870 y32cf w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>42<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x871 y32cf w461 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x872 y32cf w462 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x873 y32cf w463 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x874 y32cf wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x875 y32cf w464 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x876 y32cf w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>8,7<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y33f7 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) for the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x3a9 ha y33f8 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 real<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x877 y31eb w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x878 y31eb w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x879 y31eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87a y31eb w467 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87b y31eb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87c y31eb w468 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _6\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87d y31eb w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87e y31eb w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y33f9 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 unr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x356 y31ec w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87f y31ec w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">357<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x880 y31ec w46c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(92<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x881 y31ec w46d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x882 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x883 y31ec w46f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x884 y31ec w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x885 y31ec w3e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w471 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Purchases/A<span class=\"_ _3\"></span>dditions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x886 y31ed w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x887 y31ed w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y31ed w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x889 y31ed w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88a y31ed w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88b y31ed w193 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">10,<span class=\"_ _3\"></span>922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88c y31ed w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y31ed w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w475 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Disposals/De<span class=\"_ _0\"></span>recog<span class=\"_ _0\"></span>nitions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88d y31ee w476 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88e y31ee w477 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88f y31ee w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x890 y31ee w478 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,021<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x891 y31ee w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y31ee w47a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x893 y31ee w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x894 y31ee w47c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">(7<span class=\"_ _c\"></span>,666)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w47d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x895 y31ef w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x896 y31ef w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x897 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x898 y31ef w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">243<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x899 y31ef w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89a y31ef w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89c y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w480 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>t of Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89d y31cb w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a0 y31cb w482 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a1 y31cb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a2 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y31cb w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a5 y31cc w485 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a6 y31cc w486 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a7 y31cc w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a8 y31cc w487 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a9 y31cc w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8aa y31cc w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ab y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ac y312a w488 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,39<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ad y312a w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">20,<span class=\"_ _0\"></span>463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ae y312a w489 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8af y312a w48a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b0 y312a w107 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b1 y312a w48b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">16,<span class=\"_ _0\"></span>421<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b2 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b3 y312a w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd u<span class=\"_ _0\"></span>nr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s/(<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Equit<span class=\"_ _0\"></span>y secur<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>2m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>307m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is mad<span class=\"_ _0\"></span>e up of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d at the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the Net As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ird pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch are of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bu<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>n also de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cs of ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on valu<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is of mile<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ne ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>evem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt and ca<span class=\"_ _0\"></span>sh ru<span class=\"_ _0\"></span>nway for ear<span class=\"_ _0\"></span>ly/sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flow mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s for inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at the nex<span class=\"_ _6\"></span>t st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>gs mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es for mo<span class=\"_ _0\"></span>re mat<span class=\"_ _0\"></span>ure inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e (L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M) loa<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ges am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a35,<span class=\"_ _0\"></span>766m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>gag<span class=\"_ _0\"></span>es are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l by proj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te net ass<span class=\"_ _0\"></span>et pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>tes infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d from cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. Th<span class=\"_ _0\"></span>e infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d illiq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms for th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0 and 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps. T<span class=\"_ _0\"></span>his en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>e value of loan<span class=\"_ _0\"></span>s at out<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th the pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce of the loan an<span class=\"_ _0\"></span>d ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n new and in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e a no nega<span class=\"_ _0\"></span>tive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee (N<span class=\"_ _0\"></span>NEG) to borr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. This en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at if the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fall be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e sale pro<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g loan bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> on re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the loan<span class=\"_ _0\"></span>, the valu<span class=\"_ _0\"></span>e of the loan wil<span class=\"_ _0\"></span>l be red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed by this am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e NNEG on lo<span class=\"_ _0\"></span>an red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is value<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of put op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch we cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nt of the Blac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>es for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>. Key assum<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>dex vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ear<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 3<span class=\"_ _3\"></span>1 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a com<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m and lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>fla<span class=\"_ _0\"></span>t rate of 2.8<span class=\"_ _0\"></span>% annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, afte<span class=\"_ _0\"></span>r all<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of dilap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The valu<span class=\"_ _0\"></span>es of the pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan<span class=\"_ _0\"></span>s are upd<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the date of the last pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date by inde<span class=\"_ _0\"></span>xin<span class=\"_ _0\"></span>g usi<span class=\"_ _0\"></span>ng UK re<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l hous<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loan<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns) <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a310,5<span class=\"_ _0\"></span>7<span class=\"_ _3\"></span>4m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>8m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows whi<span class=\"_ _0\"></span>ch are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e yiel<span class=\"_ _0\"></span>d cur<span class=\"_ _6\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e LGIM ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oved co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l spre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by IHS<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it wh<span class=\"_ _0\"></span>o also pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e an ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t go into th<span class=\"_ _0\"></span>e dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>tor, sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r, per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce dy<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pri<span class=\"_ _0\"></span>vate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h were<span class=\"_ _0\"></span> exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted as far bac<span class=\"_ _0\"></span>k as 201<span class=\"_ _c\"></span>1, <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are fixe<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. The wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio is 7<span class=\"_ _c\"></span>.8 year<span class=\"_ _0\"></span>s, wi<span class=\"_ _0\"></span>th a weigh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge life of 1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>.<span class=\"_ _c\"></span>1 year<span class=\"_ _0\"></span>s. Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd ou<span class=\"_ _0\"></span>t to 206<span class=\"_ _0\"></span>3. The pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ate cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by an inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it tea<span class=\"_ _0\"></span>m in line wi<span class=\"_ _0\"></span>th inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to <span class=\"_ _3\"></span>B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>-.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e US bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a31,68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>ey are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a pric<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g matr<span class=\"_ _0\"></span>ix co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>a pub<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d matr<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to each hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m spre<span class=\"_ _0\"></span>ad mat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e are add<span class=\"_ _0\"></span>ed to the ris<span class=\"_ _0\"></span>k-fr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s and est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h a marke<span class=\"_ _0\"></span>t value for ea<span class=\"_ _0\"></span>ch inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>vate pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 20 and 70b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>ts amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>4m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to Kni<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t Fran<span class=\"_ _0\"></span>k and CB<span class=\"_ _0\"></span>RE wh<span class=\"_ _0\"></span>o app<span class=\"_ _0\"></span>ly a yie<span class=\"_ _0\"></span>ld to matur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d futu<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>sh flows to der<span class=\"_ _0\"></span>ive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>all valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ta<span class=\"_ _0\"></span>kes into ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y loc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>s, ten<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e, re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l br<span class=\"_ _0\"></span>eak ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, lea<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 4% and 7% and es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s (ER<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n \u00a318 <span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>nd \u00a3<span class=\"_ _0\"></span>31<span class=\"_ _3\"></span>0 pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a378<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>768m) and are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k for per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng loa<span class=\"_ _0\"></span>ns at the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> leve<span class=\"_ _0\"></span>l and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for loans id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to be dist<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at the loa<span class=\"_ _0\"></span>n level<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h loa<span class=\"_ _0\"></span>n are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g stoc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate pat<span class=\"_ _0\"></span>hs and ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lus<span class=\"_ _0\"></span>ive of an Opti<span class=\"_ _0\"></span>on Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Spr<span class=\"_ _0\"></span>ead (OAS), de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng on new lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20 and 30<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch are no<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>ed in an ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>49m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3217m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>ey have be<span class=\"_ _0\"></span>en valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e due to infre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a38<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>89<span class=\"_ _0\"></span>3m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2m) is value<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of exte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. All pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the UK ar<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed ou<span class=\"_ _0\"></span>t in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e lates<span class=\"_ _0\"></span>t ed<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of the Valuat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n St<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds pu<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Royal Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te of Char<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>veyor<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and are<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs as de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Ou<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e UK<span class=\"_ _0\"></span>, val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofess<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs in th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d. Wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ns the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s the valu<span class=\"_ _0\"></span>er to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In thi<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs mu<span class=\"_ _0\"></span>st us<span class=\"_ _0\"></span>e thei<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> kn<span class=\"_ _0\"></span>owl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e and profe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and not re<span class=\"_ _0\"></span>ly on<span class=\"_ _0\"></span>ly up<span class=\"_ _0\"></span>on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>d on his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es als<span class=\"_ _0\"></span>o incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h that is base<span class=\"_ _0\"></span>d on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ren<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me pl<span class=\"_ _0\"></span>us an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d upli<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the up<span class=\"_ _0\"></span>lif<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rates ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m rates im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 3% and 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>% and ER<span class=\"_ _0\"></span>V bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n \u00a35 and \u00a3310 <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y by sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w48c h16b\" id=\"_08c81f94-d2f7-48cb-86dd-dfc837a9388c\"><tr><td></td><td class=\"t m1 x225 h1b y33fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y33fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y33fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b4 y31ec w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y31ec w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w48d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Leisure<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y31ed w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b7 y31ed w48e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w48f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Distribution<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b8 y31ee w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b9 y31ee w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w490 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e spa<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ba y324c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _6\"></span>,76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y324c w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>069<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w492 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y31cb w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y31cb w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w494 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Accommodation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y31cc w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">1,<span class=\"_ _0\"></span>715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bf y312a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y312a w496 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) Ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct of ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s on Level 3 asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e, in ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t are not<span class=\"_ _0\"></span> evi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the sa<span class=\"_ _0\"></span>me ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d are not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fair valu<span class=\"_ _0\"></span>es of Level 3 inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in uno<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow sho<span class=\"_ _0\"></span>ws the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of Level 3 asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re on how th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d can be fou<span class=\"_ _0\"></span>nd in the de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w497 h16c\" id=\"_17552286-2c79-4b2c-8609-9b3cc403f3da\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y33fc ff11a fs2 fc0 sc0 ls114 wsa1\">Sensitivities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8c0 h1b y33fd ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h1b y33fe ff11a fs2 fc0 sc0 ls114 wsa1\">Positive<span class=\"_ _3\"></span> </td><td class=\"t m1 x1df h1b y33ff ff11a fs2 fc0 sc0 ls172 ws18f\">Negativ<span class=\"_ _3\"></span>e </td></tr><tr><td></td><td class=\"t m1 x33d h1b y3400 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y3401 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td><td class=\"t m1 x1eb h1b y3402 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 x711 h1b y3403 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3404 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3405 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3357 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c1 y3357 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c2 y3357 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">262<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y3357 w499 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w49a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ios<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c4 y3358 w49b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>3,042<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y3358 w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c6 y3358 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c7 y31e5 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c8 y31e5 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">7<span class=\"_ _0\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c9 y31e5 w49c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3406 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x2a3 y31cc w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>047<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ca y31cc w49d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cb y31cc w49e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w49f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al L<span class=\"_ _0\"></span>evel 3 a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cc y312a w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cd y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ce y312a w4a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>012<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 3 eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ip a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a sing<span class=\"_ _0\"></span>le var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the asse<span class=\"_ _0\"></span>t, bu<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a func<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of flexi<span class=\"_ _0\"></span>ng mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n at indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l. Th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sets ou<span class=\"_ _0\"></span>t a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>key fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>, and how th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n flexe<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Lifetime mortgage<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Key assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are lis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _c\"></span>1(ii)(<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve the valu<span class=\"_ _0\"></span>es in the<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ove tabl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y by valu<span class=\"_ _0\"></span>e is -20b<span class=\"_ _0\"></span>ps of marke<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ead an<span class=\"_ _0\"></span>d over<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>2m and \u00a3(1<span class=\"_ _3\"></span>91<span class=\"_ _3\"></span>)m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Private<span class=\"_ _3\"></span> credit por<span class=\"_ _0\"></span>tfolios<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io has be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d whic<span class=\"_ _0\"></span>h es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad valu<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of each ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch as cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>s for the pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to be <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>wer for hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts as com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ed to lowe<span class=\"_ _0\"></span>r rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. A signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of the spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span> is in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to the sele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of the basket of rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t it may at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al of 20b<span class=\"_ _0\"></span>ps on the sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion BB<span class=\"_ _0\"></span>B rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed in iso<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad in com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor bo<span class=\"_ _0\"></span>nd sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed val<span class=\"_ _0\"></span>ues of \u00a32<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d \u00a3(220)<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ngs ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s on the basis of ope<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue as defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed in the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>al and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n manu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> of the Royal In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>te of Cha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Sur<span class=\"_ _6\"></span>veyo<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h, se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of asse<span class=\"_ _0\"></span>t level an<span class=\"_ _0\"></span>d por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o level me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch ma<span class=\"_ _0\"></span>ke refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>t do not flex in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d by the ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> in valu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>. Eac<span class=\"_ _0\"></span>h met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y and ag<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l sens<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span> the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio. O<span class=\"_ _0\"></span>ne me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d is simi<span class=\"_ _0\"></span>lar to that use<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o as it dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of an alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ate pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m and oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. In this me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y we <span class=\"_ _3\"></span>wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r yie<span class=\"_ _0\"></span>ld se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to a hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/or shor<span class=\"_ _6\"></span>te<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>low<span class=\"_ _0\"></span>er ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>25 year<span class=\"_ _0\"></span>s in nor<span class=\"_ _0\"></span>mal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns thi<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d lead to a <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5b<span class=\"_ _0\"></span>ps yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d flex (<span class=\"_ _3\"></span>as opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to a <span class=\"_ _3\"></span>35<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s yie<span class=\"_ _0\"></span>ld flex for a BBB<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th 30 year re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y whic<span class=\"_ _0\"></span>h lead<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date is rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to an exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e in case law whe<span class=\"_ _0\"></span>re it was fou<span class=\"_ _0\"></span>nd tha<span class=\"_ _0\"></span>t an acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in of err<span class=\"_ _0\"></span>or in a valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te is 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r way, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bei<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n with du<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e. If this sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y were to be taken wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng it wou<span class=\"_ _0\"></span>ld pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a3594<span class=\"_ _0\"></span>m and \u00a3(59<span class=\"_ _0\"></span>4)m<span class=\"_ _0\"></span>. It sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld be note<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t some se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove are non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d larg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or small<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not be inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>se resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-767": {
   "value": "(ii) Fair<span class=\"_ _3\"></span> value hierarchy Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low bre<span class=\"_ _0\"></span>aks dow<span class=\"_ _0\"></span>n the fai<span class=\"_ _0\"></span>r value of fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y by fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>y level<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h168\" id=\"_826b67a9-f3da-4b1d-8c74-6bdb909f9aeb\"><tr><td></td><td class=\"t m1 x5e3 h1b y33b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h1b y33b2 ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y33b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y33b4 ff11a fs6 fc0 sc0 ls22 ws27\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f3 y33b5 w430 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f4 y33b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f5 y33b5 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f6 y33b5 w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32c8 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f7 y32c8 w3e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">73,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f8 y32c8 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7f9 y32c8 w432 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fa y32c8 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fb y32ca w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fc y32ca w433 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fd y32ca w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y32ca w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x801 y33b6 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x802 y33b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x804 y33b7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x805 y33b7 w3ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">5,503<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b8 w435 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Shareholder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x806 y33b8 w357 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">121,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x807 y33b8 w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y33b8 w434 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x809 y33b8 w437 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>891<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y33b9 ff11a fs6 fc0 sc0 ls8 ws2c\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3220 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y3220 w438 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">18<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80b y3220 w439 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">182<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3220 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f6 y3220 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80d y33ba w1fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80e y33ba w43a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">9<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80f y33ba w3d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x810 y33ba w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,028<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bb w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x811 y33bb w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x812 y33bb wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x813 y33bb wd5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y33bb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7ff y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x816 y33bc w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">8,<span class=\"_ _0\"></span>691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y33bc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33bd w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y33bd w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81a y33bd w43b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3<span class=\"_ _0\"></span>,390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33be w43c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal Unit linked<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81b y33be w3f0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsbe wsce\">350,668<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81c y33be w1fb h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">274,370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81d y33be w43d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls180 ws1a2\">7<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81e y33be w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">4,857<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bf w43f h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x81f y33bf w440 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls39 ws1c\">472<span class=\"_ _3\"></span>,253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x820 y33bf w441 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">3<span class=\"_ _6\"></span>01,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x821 y33bf w442 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y33bf w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c0 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x823 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x824 y33c1 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x825 y33c1 w30e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls11 ws3a\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x826 y33c1 wcf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">7,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33c2 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x827 y33c3 w394 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x828 y33c3 w122 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x829 y33c3 w11b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82a y33c3 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h169\" id=\"_6d3b8742-93fc-4fdc-a4b5-7674c458e0bd\"><tr><td></td><td class=\"t m1 x5e3 h11 y33c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f1 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x455 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7f2 h11 y33c4 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x227 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33c5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y33c6 ff11f fs6 fc0 sc0 ls4 ws3\">Shareholder<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33b5 w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y33b5 w24d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82c y33b5 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6e8 y33b5 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y33b5 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c7 w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82e y33c7 w422 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>3,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82f y33c7 w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x830 y33c7 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x831 y33c7 w415 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c8 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x832 y33c8 w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x833 y33c8 w275 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x834 y33c8 wff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,<span class=\"_ _6\"></span>87<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x835 y33c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321b w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x836 y321b w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y321b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x838 y321b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y321b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33c9 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x803 y33c9 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y33c9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83b y33c9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83c y33c9 w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ca w448 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal Share<span class=\"_ _0\"></span>holder<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83d y33ca w42e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83e y33ca w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x83f y33ca w44a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x840 y33ca w44b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">22,<span class=\"_ _0\"></span>832<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33cb ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y33cc w40d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Equity<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80a y33cc w44c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">1<span class=\"_ _1\"></span>64,264<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x841 y33cc w44d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">163,727<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x842 y33cc wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y33cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cd w410 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Debt<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x844 y33cd w44e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">14<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x845 y33cd w44f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">105<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x846 y33cd w450 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x847 y33cd w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ce w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x848 y33ce w4c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,4<span class=\"_ _6\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y33ce w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84a y33ce w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>285<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33ce w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w418 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84c y33cf w452 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">13<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84d y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x84e y33cf w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84b y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84f y33d0 w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x850 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x851 y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y33d0 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w454 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x853 y33d1 w455 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">332<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>391<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x854 y33d1 w456 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">269<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y33d1 w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x621 y33d1 w457 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x856 y33d1 w458 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">5,<span class=\"_ _0\"></span>26<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d2 w459 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at fa<span class=\"_ _0\"></span>ir val<span class=\"_ _0\"></span>ue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x857 y33d2 w45a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">4<span class=\"_ _0\"></span>48,08<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x858 y33d2 w45b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">288<span class=\"_ _0\"></span>,42<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x859 y33d2 w45c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85a y33d2 w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d3 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y31cc wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x85d y31cc w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85e y31cc wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y33d4 ff11c fs6 fc0 sc0 lsd ws15\">Loa<span class=\"_ _0\"></span>ns at am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x860 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x861 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x862 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>is t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>ns w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>ld a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t on t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t a<span class=\"_ _0\"></span>t a tot<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>7,8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6m).<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e level<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fa<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 1<span class=\"_ _c\"></span>: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>una<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>) in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts for ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 2: fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s for all inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n Level 1 that ar<span class=\"_ _0\"></span>e obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for the asse<span class=\"_ _0\"></span>t or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y (i.e. as pric<span class=\"_ _0\"></span>es) or indi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly (i.e<span class=\"_ _0\"></span>. der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pric<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s)<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3: fair valu<span class=\"_ _0\"></span>es mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es for any in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t for the ass<span class=\"_ _0\"></span>et or lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the mea<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt tha<span class=\"_ _0\"></span>t is not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t data (unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Leve<span class=\"_ _0\"></span>l 2 asse<span class=\"_ _0\"></span>ts mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r value<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Level 2 asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng sou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, suc<span class=\"_ _0\"></span>h as IHS Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t, IC<span class=\"_ _0\"></span>E and Bl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, or Ind<span class=\"_ _0\"></span>ex Prov<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s su<span class=\"_ _0\"></span>ch as Bar<span class=\"_ _0\"></span>clay<span class=\"_ _0\"></span>s, Me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ll L<span class=\"_ _3\"></span>y<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h or JPM<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>n. Ea<span class=\"_ _0\"></span>ch use<span class=\"_ _0\"></span>s math<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g and mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e sour<span class=\"_ _0\"></span>ce val<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in ord<span class=\"_ _0\"></span>er to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of OTC Deri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s; OTCs are mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t usin<span class=\"_ _0\"></span>g an in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e syste<span class=\"_ _0\"></span>m (Lo<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>ard O<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>n), <span class=\"_ _3\"></span>ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal ve<span class=\"_ _0\"></span>ndo<span class=\"_ _0\"></span>r (IH<span class=\"_ _0\"></span>S Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it), in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l mod<span class=\"_ _0\"></span>el or Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ks. In nor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>l mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, we woul<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r these ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>be ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es. Fo<span class=\"_ _0\"></span>llow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wi<span class=\"_ _0\"></span>th our pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and a numb<span class=\"_ _0\"></span>er of the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g bro<span class=\"_ _0\"></span>ker<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ese pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es ar<span class=\"_ _0\"></span>e not fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ly ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>ket and have the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>m as Level 2.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s pol<span class=\"_ _0\"></span>icy is to re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>s cate<span class=\"_ _0\"></span>go<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts at the en<span class=\"_ _0\"></span>d of each re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls at<span class=\"_ _0\"></span> tha<span class=\"_ _0\"></span>t poin<span class=\"_ _0\"></span>t in time. At 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s totall<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g net \u00a30.7bn (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a36.0<span class=\"_ _0\"></span>bn) tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m Level 2 <span class=\"_ _3\"></span>to Level 1 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hier<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy.<span class=\"_ _3ad\"> </span>(b) Level 3 asse<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d, co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ise pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s are prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le bro<span class=\"_ _0\"></span>ker. Unqu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de sus<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in priva<span class=\"_ _0\"></span>te equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>. Un<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial rea<span class=\"_ _0\"></span>l est<span class=\"_ _0\"></span>ate loa<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ips<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y and oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>In many si<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d to measu<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of an <span class=\"_ _3\"></span>as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t or liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y may fall into dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt le<span class=\"_ _0\"></span>vels of the fai<span class=\"_ _0\"></span>r value hi<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>chy. In these<span class=\"_ _0\"></span> si<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>es the le<span class=\"_ _0\"></span>vel in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e falls bas<span class=\"_ _0\"></span>ed up<span class=\"_ _0\"></span>on th<span class=\"_ _0\"></span>e lowes<span class=\"_ _0\"></span>t level in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t tha<span class=\"_ _0\"></span>t is signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt to the de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fai<span class=\"_ _0\"></span>r value<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and uno<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts may be use<span class=\"_ _0\"></span>d in the dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion of fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>s the fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up also<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>s fair valu<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on est<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d at the app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>. As appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, fair val<span class=\"_ _0\"></span>ues re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, liq<span class=\"_ _0\"></span>uid<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y and ris<span class=\"_ _0\"></span>k marg<span class=\"_ _0\"></span>ins on un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ble in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>ct to a cont<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t inp<span class=\"_ _0\"></span>ut var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es and ou<span class=\"_ _0\"></span>tp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt of the ris<span class=\"_ _0\"></span>k take<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e inpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ou<span class=\"_ _0\"></span>tpu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s are revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d and app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e and valid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y as appr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate.<span class=\"_ _3ad\"> </span><table class=\"s w45f h16a\" id=\"_bafd526a-a6a3-4401-a3a2-0012d656383a\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x6a3 h11 y33d5 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x863 h1b y33d6 ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x711 h11 y33d7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x864 h1b y33d8 ff11a fs2 fc0 sc0 ls10b ws59\">Equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x865 h1b y33d9 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x866 h1b y33da ff11a fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x335 h11 y33db ff11c fs2 fc0 sc0 ls39 ws1c\">Equit<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h11 y33dc ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x868 h11 y33dd ff11c fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y33de ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x869 h1b y33df ff11a fs2 fc0 sc0 ls149 ws6c\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86a h1b y33e0 ff11a fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86b h1b y33e1 ff11a fs2 fc0 sc0 ls10b ws59\">propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33e2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y33e3 ff11f fs2 fc0 sc0 ls3a ws46\">securities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y33e4 ff11c fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y33e5 ff11c fs2 fc0 sc0 ls3a ws46\">proper<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33e6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y33e7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y33e8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y33e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y33ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y33eb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y33ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y33ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y33ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y33ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y33f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y33f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y33f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y33f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y33f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y33f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y33f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x86f y32cf w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x870 y32cf w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>42<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x871 y32cf w461 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x872 y32cf w462 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x873 y32cf w463 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x874 y32cf wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x875 y32cf w464 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x876 y32cf w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>8,7<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y33f7 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l gai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>/(lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) for the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x3a9 ha y33f8 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 real<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x877 y31eb w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x878 y31eb w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x879 y31eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87a y31eb w467 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87b y31eb w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87c y31eb w468 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _6\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87d y31eb w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87e y31eb w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y33f9 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 unr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s or (l<span class=\"_ _0\"></span>oss<span class=\"_ _0\"></span>es)<span class=\"_ _3ad\"> </span></td><td class=\"c n x356 y31ec w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x87f y31ec w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">357<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x880 y31ec w46c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(92<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x881 y31ec w46d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x882 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x883 y31ec w46f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x884 y31ec w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x885 y31ec w3e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w471 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Purchases/A<span class=\"_ _3\"></span>dditions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x886 y31ed w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x887 y31ed w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y31ed w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x889 y31ed w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88a y31ed w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88b y31ed w193 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">10,<span class=\"_ _3\"></span>922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88c y31ed w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x822 y31ed w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w475 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Disposals/De<span class=\"_ _0\"></span>recog<span class=\"_ _0\"></span>nitions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88d y31ee w476 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88e y31ee w477 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x88f y31ee w2cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x890 y31ee w478 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,021<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x891 y31ee w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y31ee w47a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x893 y31ee w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x894 y31ee w47c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">(7<span class=\"_ _c\"></span>,666)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w47d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>to Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x895 y31ef w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x896 y31ef w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x897 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x898 y31ef w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">243<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x899 y31ef w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89a y31ef w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89c y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w480 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s ou<span class=\"_ _0\"></span>t of Leve<span class=\"_ _0\"></span>l 3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89d y31cb w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a0 y31cb w482 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a1 y31cb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a2 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y31cb w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>te move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a5 y31cc w485 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(33)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a6 y31cc w486 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a7 y31cc w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a8 y31cc w487 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a9 y31cc w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8aa y31cc w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ab y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ef y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ac y312a w488 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,39<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ad y312a w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">20,<span class=\"_ _0\"></span>463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ae y312a w489 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8af y312a w48a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b0 y312a w107 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">2,<span class=\"_ _0\"></span>307<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b1 y312a w48b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">16,<span class=\"_ _0\"></span>421<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b2 y312a w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b3 y312a w45d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd u<span class=\"_ _0\"></span>nr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s/(<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es) a<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>Equit<span class=\"_ _0\"></span>y secur<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span>Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>2m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>307m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y is mad<span class=\"_ _0\"></span>e up of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fun<span class=\"_ _0\"></span>ds. T<span class=\"_ _0\"></span>hey ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d at the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of the Net As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>alu<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ird pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch are of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt bu<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>n also de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd on the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>cs of ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ual ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s. Su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on valu<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by ana<span class=\"_ _0\"></span>lys<span class=\"_ _0\"></span>is of mile<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>ne ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>evem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt and ca<span class=\"_ _0\"></span>sh ru<span class=\"_ _0\"></span>nway for ear<span class=\"_ _0\"></span>ly/sta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>up st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flow mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s for inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts at the nex<span class=\"_ _6\"></span>t st<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d ear<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>gs mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>es for mo<span class=\"_ _0\"></span>re mat<span class=\"_ _0\"></span>ure inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e (L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M) loa<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t onl<span class=\"_ _0\"></span>y mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ges am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a35,<span class=\"_ _0\"></span>766m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>gag<span class=\"_ _0\"></span>es are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng a dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l by proj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te net ass<span class=\"_ _0\"></span>et pr<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng ra<span class=\"_ _0\"></span>tes infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d from cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g. Th<span class=\"_ _0\"></span>e infe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d illiq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>ms for th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>lio ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0 and 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps. T<span class=\"_ _0\"></span>his en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>e value of loan<span class=\"_ _0\"></span>s at out<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t is cons<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th the pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce of the loan an<span class=\"_ _0\"></span>d ach<span class=\"_ _0\"></span>ieve<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n new and in<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ce lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>e a no nega<span class=\"_ _0\"></span>tive eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tee (N<span class=\"_ _0\"></span>NEG) to borr<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. This en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>res th<span class=\"_ _0\"></span>at if the<span class=\"_ _0\"></span>re is a <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fall be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e sale pro<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ds of the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y and the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g loan bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> on re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the loan<span class=\"_ _0\"></span>, the valu<span class=\"_ _0\"></span>e of the loan wil<span class=\"_ _0\"></span>l be red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ed by this am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e NNEG on lo<span class=\"_ _0\"></span>an red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is value<span class=\"_ _0\"></span>d as a <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of put op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch we cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nt of the Blac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hol<span class=\"_ _0\"></span>es for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>. Key assum<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tgag<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in<span class=\"_ _0\"></span>dex vol<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>vol<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ear<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 3<span class=\"_ _3\"></span>1 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts a com<span class=\"_ _0\"></span>bin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m and lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y grow<span class=\"_ _6\"></span>th rate ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt to a <span class=\"_ _3\"></span>fla<span class=\"_ _0\"></span>t rate of 2.8<span class=\"_ _0\"></span>% annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, afte<span class=\"_ _0\"></span>r all<span class=\"_ _0\"></span>owin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> for the ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of dilap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. The valu<span class=\"_ _0\"></span>es of the pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s coll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the L<span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>M loan<span class=\"_ _0\"></span>s are upd<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the date of the last pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n date by inde<span class=\"_ _0\"></span>xin<span class=\"_ _0\"></span>g usi<span class=\"_ _0\"></span>ng UK re<span class=\"_ _0\"></span>gio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l hous<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ce in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t loan<span class=\"_ _0\"></span>s (inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al real es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te loa<span class=\"_ _0\"></span>ns) <span class=\"_ _3\"></span>am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a310,5<span class=\"_ _0\"></span>7<span class=\"_ _3\"></span>4m (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>8m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cas<span class=\"_ _0\"></span>h flows whi<span class=\"_ _0\"></span>ch are bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e yiel<span class=\"_ _0\"></span>d cur<span class=\"_ _6\"></span>ve of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e LGIM ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oved co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d the ini<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l spre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, bot<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by IHS<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>it wh<span class=\"_ _0\"></span>o also pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>e an ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t go into th<span class=\"_ _0\"></span>e dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>tor, sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r, per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce dy<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pri<span class=\"_ _0\"></span>vate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h were<span class=\"_ _0\"></span> exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ted as far bac<span class=\"_ _0\"></span>k as 201<span class=\"_ _c\"></span>1, <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, alt<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y are fixe<span class=\"_ _0\"></span>d rate<span class=\"_ _0\"></span>. The wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio is 7<span class=\"_ _c\"></span>.8 year<span class=\"_ _0\"></span>s, wi<span class=\"_ _0\"></span>th a weigh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge life of 1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>.<span class=\"_ _c\"></span>1 year<span class=\"_ _0\"></span>s. Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd ou<span class=\"_ _0\"></span>t to 206<span class=\"_ _0\"></span>3. The pr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ate cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> of asse<span class=\"_ _0\"></span>ts has in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by an inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it tea<span class=\"_ _0\"></span>m in line wi<span class=\"_ _0\"></span>th inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>A to <span class=\"_ _3\"></span>B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>-.<span class=\"_ _3ad\"> </span>Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te plac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e US bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a31,68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>ey are val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a pric<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g matr<span class=\"_ _0\"></span>ix co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>a pub<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d matr<span class=\"_ _0\"></span>ix<span class=\"_ _0\"></span>, int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ngs ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to each hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e life of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m spre<span class=\"_ _0\"></span>ad mat<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e are add<span class=\"_ _0\"></span>ed to the ris<span class=\"_ _0\"></span>k-fr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te the dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s and est<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h a marke<span class=\"_ _0\"></span>t value for ea<span class=\"_ _0\"></span>ch inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>vate pla<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t. T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts illi<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n 20 and 70b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>ts amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>06<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>41<span class=\"_ _3\"></span>4m). The<span class=\"_ _0\"></span>ir valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on is ou<span class=\"_ _0\"></span>tso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to Kni<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t Fran<span class=\"_ _0\"></span>k and CB<span class=\"_ _0\"></span>RE wh<span class=\"_ _0\"></span>o app<span class=\"_ _0\"></span>ly a yie<span class=\"_ _0\"></span>ld to matur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d futu<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>sh flows to der<span class=\"_ _0\"></span>ive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Th<span class=\"_ _0\"></span>e over<span class=\"_ _0\"></span>all valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ta<span class=\"_ _0\"></span>kes into ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y loc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>s, ten<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e, re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>nta<span class=\"_ _0\"></span>l br<span class=\"_ _0\"></span>eak ter<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, lea<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>iri<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. The valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 4% and 7% and es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l value<span class=\"_ _0\"></span>s (ER<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n \u00a318 <span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>nd \u00a3<span class=\"_ _0\"></span>31<span class=\"_ _3\"></span>0 pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge loa<span class=\"_ _0\"></span>ns am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt to \u00a378<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>768m) and are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k for per<span class=\"_ _6\"></span>for<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng loa<span class=\"_ _0\"></span>ns at the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span> leve<span class=\"_ _0\"></span>l and adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for loans id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed to be dist<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d at the loa<span class=\"_ _0\"></span>n level<span class=\"_ _0\"></span>. The pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flow<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h loa<span class=\"_ _0\"></span>n are disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted al<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g stoc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate pat<span class=\"_ _0\"></span>hs and ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lus<span class=\"_ _0\"></span>ive of an Opti<span class=\"_ _0\"></span>on Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Spr<span class=\"_ _0\"></span>ead (OAS), de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al pr<span class=\"_ _0\"></span>ici<span class=\"_ _0\"></span>ng on new lo<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>, alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the be<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span> obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ill<span class=\"_ _0\"></span>iqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20 and 30<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch are no<span class=\"_ _0\"></span>t trad<span class=\"_ _0\"></span>ed in an ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>49m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3217m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>ey have be<span class=\"_ _0\"></span>en valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y or<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rpa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, and the<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es are co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to be unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e due to infre<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt mar<span class=\"_ _0\"></span>ket tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty Leve<span class=\"_ _0\"></span>l 3 <span class=\"_ _3\"></span>inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng to \u00a38<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>89<span class=\"_ _0\"></span>3m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2m) is value<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the invol<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of exte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. All pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s in the UK ar<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ed ou<span class=\"_ _0\"></span>t in acc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e lates<span class=\"_ _0\"></span>t ed<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of the Valuat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n St<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds pu<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ish<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Royal Ins<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te of Char<span class=\"_ _6\"></span>ter<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>veyor<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and are<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n by <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs as de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. Ou<span class=\"_ _0\"></span>tsi<span class=\"_ _0\"></span>de th<span class=\"_ _0\"></span>e UK<span class=\"_ _0\"></span>, val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns are pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ed in co<span class=\"_ _0\"></span>nju<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion wi<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al qua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofess<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs in th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d. Wh<span class=\"_ _0\"></span>ils<span class=\"_ _0\"></span>t tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n evid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ns the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on of mar<span class=\"_ _0\"></span>ket valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>in pr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>s the valu<span class=\"_ _0\"></span>er to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the re<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of the cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In thi<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tex<span class=\"_ _0\"></span>t val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>rs mu<span class=\"_ _0\"></span>st us<span class=\"_ _0\"></span>e thei<span class=\"_ _0\"></span>r mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> kn<span class=\"_ _0\"></span>owl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e and profe<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al jud<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t and not re<span class=\"_ _0\"></span>ly on<span class=\"_ _0\"></span>ly up<span class=\"_ _0\"></span>on mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t base<span class=\"_ _0\"></span>d on his<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ic tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es als<span class=\"_ _0\"></span>o incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oac<span class=\"_ _0\"></span>h that is base<span class=\"_ _0\"></span>d on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ren<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me pl<span class=\"_ _0\"></span>us an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d upli<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the up<span class=\"_ _0\"></span>lif<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rates ar<span class=\"_ _0\"></span>e der<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m rates im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts are de<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d unob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts eq<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d ran<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n 3% and 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>% and ER<span class=\"_ _0\"></span>V bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n \u00a35 and \u00a3310 <span class=\"_ _3\"></span>pe<span class=\"_ _0\"></span>r sq.f<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y by sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w48c h16b\" id=\"_08c81f94-d2f7-48cb-86dd-dfc837a9388c\"><tr><td></td><td class=\"t m1 x225 h1b y33fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y33fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y33fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y33fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w246 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Retail<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b4 y31ec w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y31ec w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">78<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w48d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Leisure<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y31ed w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b7 y31ed w48e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w48f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Distribution<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b8 y31ee w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b9 y31ee w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w490 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e spa<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ba y324c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _6\"></span>,76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y324c w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>069<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w492 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y31cb w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y31cb w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w494 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Accommodation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y31cc w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">1,<span class=\"_ _0\"></span>715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5af y31cc w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bf y312a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y312a w496 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>72<span class=\"_ _3ad\"> </span></div></td></tr></table>(c<span class=\"_ _c\"></span>) Ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ct of ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s on Level 3 asse<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span>Fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e, in ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ain ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, measu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on tec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>niq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s that in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t are not<span class=\"_ _0\"></span> evi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es fr<span class=\"_ _0\"></span>om obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in the sa<span class=\"_ _0\"></span>me ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d are not base<span class=\"_ _0\"></span>d on obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket da<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of fair valu<span class=\"_ _0\"></span>es of Level 3 inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in uno<span class=\"_ _0\"></span>bse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>aso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e tabl<span class=\"_ _0\"></span>e bel<span class=\"_ _0\"></span>ow sho<span class=\"_ _0\"></span>ws the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of Level 3 asse<span class=\"_ _0\"></span>ts as at 31 <span class=\"_ _c\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Fur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re on how th<span class=\"_ _0\"></span>ese se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d can be fou<span class=\"_ _0\"></span>nd in the de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w497 h16c\" id=\"_17552286-2c79-4b2c-8609-9b3cc403f3da\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y33fc ff11a fs2 fc0 sc0 ls114 wsa1\">Sensitivities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8c0 h1b y33fd ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h1b y33fe ff11a fs2 fc0 sc0 ls114 wsa1\">Positive<span class=\"_ _3\"></span> </td><td class=\"t m1 x1df h1b y33ff ff11a fs2 fc0 sc0 ls172 ws18f\">Negativ<span class=\"_ _3\"></span>e </td></tr><tr><td></td><td class=\"t m1 x33d h1b y3400 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y3401 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td><td class=\"t m1 x1eb h1b y3402 ff11a fs2 fc0 sc0 ls4 ws3\">im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 x711 h1b y3403 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3404 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3405 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3357 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c1 y3357 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c2 y3357 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">262<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y3357 w499 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3358 w49a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ios<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c4 y3358 w49b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>3,042<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y3358 w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c6 y3358 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>58<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w3eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> propert<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c7 y31e5 wb1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">8,893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c8 y31e5 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">7<span class=\"_ _0\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c9 y31e5 w49c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3406 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x2a3 y31cc w3df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>047<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ca y31cc w49d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cb y31cc w49e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls9e ws9f\">(39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w49f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al L<span class=\"_ _0\"></span>evel 3 a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cc y312a w443 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2a ws34\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cd y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ce y312a w4a0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>012<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 3 eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ip a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are no<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a sing<span class=\"_ _0\"></span>le var<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the asse<span class=\"_ _0\"></span>t, bu<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r a func<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of flexi<span class=\"_ _0\"></span>ng mu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n at indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>dua<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l. Th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sets ou<span class=\"_ _0\"></span>t a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>key fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s by asse<span class=\"_ _0\"></span>t ty<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>, and how th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n flexe<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> rea<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns.<span class=\"_ _3ad\"> </span>Lifetime mortgage<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Key assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts are lis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Note 1<span class=\"_ _c\"></span>1(ii)(<span class=\"_ _0\"></span>b) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve the valu<span class=\"_ _0\"></span>es in the<span class=\"_ _0\"></span> ab<span class=\"_ _0\"></span>ove tabl<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y by valu<span class=\"_ _0\"></span>e is -20b<span class=\"_ _0\"></span>ps of marke<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ead an<span class=\"_ _0\"></span>d over<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>uat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>o whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d in isola<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>2m and \u00a3(1<span class=\"_ _3\"></span>91<span class=\"_ _3\"></span>)m<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Private<span class=\"_ _3\"></span> credit por<span class=\"_ _0\"></span>tfolios<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io has be<span class=\"_ _0\"></span>en de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d whic<span class=\"_ _0\"></span>h es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad valu<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s as com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t. In<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cha<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>s of each ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>ch as cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d to dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>s for the pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>s are de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to be <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>wer for hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts as com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ed to lowe<span class=\"_ _0\"></span>r rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>er du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. A signi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of the spr<span class=\"_ _0\"></span>ead di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span> is in rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to the sele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of com<span class=\"_ _0\"></span>par<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch is the po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of the basket of rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ara<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t it may at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t a spre<span class=\"_ _0\"></span>ad dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al of 20b<span class=\"_ _0\"></span>ps on the sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r bon<span class=\"_ _0\"></span>ds as op<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion BB<span class=\"_ _0\"></span>B rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed in iso<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n the sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>ed to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad in com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tor bo<span class=\"_ _0\"></span>nd sel<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts in sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed val<span class=\"_ _0\"></span>ues of \u00a32<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d \u00a3(220)<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment proper<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ngs ar<span class=\"_ _0\"></span>e value<span class=\"_ _0\"></span>d by ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t value<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s on the basis of ope<span class=\"_ _0\"></span>n mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue as defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed in the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ais<span class=\"_ _0\"></span>al and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n manu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> of the Royal In<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>itu<span class=\"_ _0\"></span>te of Cha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Sur<span class=\"_ _6\"></span>veyo<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As suc<span class=\"_ _0\"></span>h, se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of asse<span class=\"_ _0\"></span>t level an<span class=\"_ _0\"></span>d por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o level me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> whi<span class=\"_ _0\"></span>ch ma<span class=\"_ _0\"></span>ke refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to ind<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng bu<span class=\"_ _0\"></span>t do not flex in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns use<span class=\"_ _0\"></span>d by the ind<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> in valu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>. Eac<span class=\"_ _0\"></span>h met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is appl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y and ag<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l weig<span class=\"_ _0\"></span>hti<span class=\"_ _0\"></span>ng to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the over<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l sens<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span> the po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio. O<span class=\"_ _0\"></span>ne me<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d is simi<span class=\"_ _0\"></span>lar to that use<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>te cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o as it dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of an alte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>ate pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d in refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s, re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m and oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ea<span class=\"_ _0\"></span>ch ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. In this me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y we <span class=\"_ _3\"></span>wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>lowe<span class=\"_ _0\"></span>r yie<span class=\"_ _0\"></span>ld se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to a hig<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y rate<span class=\"_ _0\"></span>d and<span class=\"_ _0\"></span>/or shor<span class=\"_ _6\"></span>te<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m asse<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>low<span class=\"_ _0\"></span>er ra<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d/or lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. If we were to <span class=\"_ _3\"></span>ta<span class=\"_ _0\"></span>ke an A<span class=\"_ _0\"></span>A rate<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>25 year<span class=\"_ _0\"></span>s in nor<span class=\"_ _0\"></span>mal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns thi<span class=\"_ _0\"></span>s woul<span class=\"_ _0\"></span>d lead to a <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5b<span class=\"_ _0\"></span>ps yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d flex (<span class=\"_ _3\"></span>as opp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to a <span class=\"_ _3\"></span>35<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s yie<span class=\"_ _0\"></span>ld flex for a BBB<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et wi<span class=\"_ _0\"></span>th 30 year re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ini<span class=\"_ _0\"></span>ng ter<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>olo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y whic<span class=\"_ _0\"></span>h lead<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e mos<span class=\"_ _0\"></span>t sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date is rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to an exam<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e in case law whe<span class=\"_ _0\"></span>re it was fou<span class=\"_ _0\"></span>nd tha<span class=\"_ _0\"></span>t an acc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e marg<span class=\"_ _0\"></span>in of err<span class=\"_ _0\"></span>or in a valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n disp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te is 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>% eit<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r way, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bei<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>n with du<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>e. If this sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y were to be taken wi<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng it wou<span class=\"_ _0\"></span>ld pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>es of \u00a3594<span class=\"_ _0\"></span>m and \u00a3(59<span class=\"_ _0\"></span>4)m<span class=\"_ _0\"></span>. It sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld be note<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t some se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed ab<span class=\"_ _0\"></span>ove are non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d larg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or small<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts sho<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d not be inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span>se resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-731": {
   "value": "1<span class=\"_ _3\"></span>2 De<span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves as a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of effic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t is not limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to, hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risks<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p uses he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed the pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia in IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 are me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise th<span class=\"_ _0\"></span>e offs<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of chan<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in the fair val<span class=\"_ _0\"></span>ue or cas<span class=\"_ _0\"></span>h flow of the der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>. Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 cas<span class=\"_ _0\"></span>h flow hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into fixe<span class=\"_ _0\"></span>d rate bor<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>gs de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d in US<span class=\"_ _0\"></span>D and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge and in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t rate ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. In ord<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> to hed<span class=\"_ _0\"></span>ge the<span class=\"_ _0\"></span>se ris<span class=\"_ _0\"></span>ks the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has ente<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te swaps<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure to be swap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d into a fixed ra<span class=\"_ _0\"></span>te in its fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e had a net asse<span class=\"_ _0\"></span>t fair val<span class=\"_ _0\"></span>ue tota<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng \u00a3<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>5m) and a notio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,0<span class=\"_ _0\"></span>99<span class=\"_ _0\"></span>m at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,09<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m). <span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e was no <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s \u2013 held for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s of eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es in acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y, but for vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s reaso<span class=\"_ _0\"></span>ns are no<span class=\"_ _0\"></span>t desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hin a form<span class=\"_ _0\"></span>al he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s mus<span class=\"_ _0\"></span>t be desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as he<span class=\"_ _0\"></span>ld for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, and gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es on thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w4a1 h16d\" id=\"_f029d11a-d7e4-4e9a-8c03-8e60c4080151\"><tr><td></td><td class=\"c n x8cf y3407 w4a2 h141\"><div class=\"t m1 x1e4 h11 y323c ff11a fs2 fc0 sc0 ls114 wsa1\">Fair v<span class=\"_ _3\"></span>alues<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x8d0 y3408 w4a3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">Fair v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"c x8d2 y340a w4a4 h16e\"><div class=\"t m1 x1e4 h1b y31fd ff11a fs2 fc0 sc0 ls35 ws42\">Assets</div><div class=\"t m1 x8d1 h9d y3409 ff11a fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x8d3 h1b y340b ff11a fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h11 y340b ff11f fs2 fc0 sc0 ls3a ws46\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h11 y340b ff11c fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y340c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y340c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y340c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bd h11 y340c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y340d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y340d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y340d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d4 h11 y340d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y340e ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y340f w4a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d5 y340f w2d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>411<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d6 y340f w4a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">33,580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d7 y340f w4a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35,<span class=\"_ _0\"></span>63<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d8 y340f w4a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3410 w4a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d9 y3410 w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8da y3410 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y3410 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x682 y3410 w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3411 w4aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts \u2013 he<span class=\"_ _0\"></span>ld for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8db y3411 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8dc y3411 w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8dd y3411 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8de y3411 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,00<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3412 w4ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts \u2013 cas<span class=\"_ _0\"></span>h flow he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8df y3412 w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e0 y3412 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e1 y3412 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e2 y3412 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3413 w4ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 held fo<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e3 y3413 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>,704<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e4 y3413 w35f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">4,<span class=\"_ _0\"></span>827<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e5 y3413 w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">4<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e6 y3413 w4af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">5,092<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3414 w4b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e7 y3414 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">96<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e8 y3414 w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e9 y3414 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ea y3414 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3415 w4b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y3415 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ec y3415 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ed y3415 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ee y3415 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3416 w4b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y/i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ef y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f0 y3416 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f1 y3416 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f2 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3417 w4b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f3 y3417 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x670 y3417 w4b5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f4 y3417 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f5 y3417 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">270<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w4b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal shareholder derivatives<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f6 y324a w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f7 y324a wf9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">40,<span class=\"_ _0\"></span>499<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f8 y324a w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f9 y324a w4b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3418 ff11a fs6 fc0 sc0 ls16 ws16\">Unit linked derivatives<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ea w4a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fa y31ea w3dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fb y31ea w119 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">335<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fc y31ea w4b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67a y31ea w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w4a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fd y31eb w4b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">815<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fe y31eb w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">420<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ff y31eb wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">798<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x900 y31eb w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w4b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x901 y31ec w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x902 y31ec w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x903 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x904 y31ec w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w4ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 held fo<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x905 y328d w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x906 y328d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x907 y328d w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>423<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x908 y328d wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w4b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x909 y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90a y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90b y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90c y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w4b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y/i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90d y324c w49d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">969<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90e y324c w4bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,22<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y324c w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90f y324c w4bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">174<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cb w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x910 y31cb w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x911 y31cb w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x912 y31cb w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w4c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal unit link<span class=\"_ _3\"></span>ed derivatives<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x913 y31cc w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x914 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,322<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1e7 y31cc w425 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x915 y31cc w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">5,<span class=\"_ _0\"></span>085<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>otal derivative assets and liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x916 y312a w3de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x917 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x918 y312a w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">45<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x919 y312a w4c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _6\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted B<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>te 11<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 24).<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flows in re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves have the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves have not<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s are not di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w4c3 h16f\" id=\"_b1fe7926-dd2c-4739-bc2c-7f5b8b2abe0f\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x91a h1b y3419 ff11e fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x91b h1b y341a ff11a fs2 fc0 sc0 ls116 ws123\">Fair<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h1b y341b ff11a fs2 fc0 sc0 ls132 ws12c\">Within<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x4f7 h1b y341c ff11a fs2 fc0 sc0 lsdf wsdb\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x91d h1b y341d ff11a fs2 fc0 sc0 ls114 wsa1\">values<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h1b y341e ff11a fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91f h1b y341e ff11a fs2 fc0 sc0 ls60 wsa8\">1-5<span class=\"_ _0\"></span> ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y341e ff11a fs2 fc0 sc0 lsb4 wsc0\">5<span class=\"_ _0\"></span>-1<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> y<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>a<span class=\"_ _6\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8c0 h1b y341e ff11a fs2 fc0 sc0 ls30 ws3b\">15<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> y<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h1b y341f ff11a fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y341f ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h1b y3420 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3422 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3422 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3423 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh in<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec he y3424 ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3425 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x921 y3425 w4c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x922 y3425 w4c5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">17,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x923 y3425 w213 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,787<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x924 y3425 w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x925 y3425 w4c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3425 w4c7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x927 y3425 wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3426 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x928 y3426 w4c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x929 y3426 w3f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92a y3426 w4ca h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">21,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92b y3426 w4cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92c y3426 w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92d y3426 w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92e y3426 w4cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">88,022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92f y31ec w4ce h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x930 y31ec w4cf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _c\"></span>,<span class=\"_ _c\"></span>137<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x931 y31ec w4d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x932 y31ec w4d1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x933 y31ec w432 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x934 y31ec w4d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x935 y31ec w4d3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3427 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec he y3428 ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y322f w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x921 y322f w4c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x936 y322f w4d4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x937 y322f w4d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x938 y322f w4d6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">(35,293)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x939 y322f w4d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(1<span class=\"_ _3\"></span>6,054)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93a y322f w4d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93b y322f w4d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x928 y31f7 w4c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93c y31f7 w4da h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>,13<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93d y31f7 w4db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93e y31f7 w4dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93f y31f7 w41d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(22<span class=\"_ _0\"></span>,714)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x940 y31f7 w4dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(1<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x941 y31f7 w4de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">(1<span class=\"_ _c\"></span>30,330)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x942 y31cc w4df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x943 y31cc w4e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>619<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x944 y31cc w4e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x945 y31cc w4e2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>81<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>217<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x946 y31cc w4e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,76<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x947 y31cc w4e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>21,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x948 y31cc w4e5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(2<span class=\"_ _6\"></span>31,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x949 y312a w6b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94a y312a w1cf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94b y312a w4e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>08)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94c y312a w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94d y312a w4e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">(697)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94e y312a w4ea h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr></table>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w4eb h170\" id=\"_50f2650b-6862-473d-85b2-821a8a4bd663\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x94f h11 y3429 ff11c fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x91b h11 y342a ff11f fs2 fc0 sc0 ls14b ws167\">Fair<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h11 y342b ff11c fs2 fc0 sc0 ls39 ws1c\">Within<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x4f7 h11 y342c ff11c fs2 fc0 sc0 lsf5 ws103\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x950 h11 y342d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x951 h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">1-5 y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">5<span class=\"_ _0\"></span>-15 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x952 h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">15-<span class=\"_ _0\"></span>25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y342f ff11c fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y342f ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h11 y3430 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3432 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3432 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3433 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3434 ff11c fs6 fc0 sc0 ls22 ws27\">Shareholder derivat<span class=\"_ _3\"></span>ives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32d0 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x953 y32d0 w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x954 y32d0 w4ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x955 y32d0 w4ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x956 y32d0 w4ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">4<span class=\"_ _0\"></span>0,608<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x957 y32d0 w4f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y32d0 w4f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x959 y32d0 w4f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _b\"> </span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95a y31eb w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95b y31eb w4f4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">1<span class=\"_ _c\"></span>2,562<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95c y31eb w189 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95d y31eb w4f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,167<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95e y31eb w170 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95f y31eb wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,98<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x960 y31eb w4f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x961 y31ec w4f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x962 y31ec w4f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x963 y31ec w4fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">52,<span class=\"_ _0\"></span>201<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x964 y31ec w4fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">68<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x965 y31ec w4fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">29,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y31ec w4fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x966 y31ec w4fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">1<span class=\"_ _3\"></span>93,555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3435 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3436 ff11c fs6 fc0 sc0 ls22 ws27\">Shareholder derivat<span class=\"_ _3\"></span>ives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x953 y31ef w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x967 y31ef w4ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x968 y31ef w500 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x969 y31ef w501 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(25<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96a y31ef w502 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96b y31ef w1dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96c y31ef w103 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _6\"></span>74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95a y3225 w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96d y3225 w503 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96e y3225 w504 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96f y3225 w3f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96a y3225 w3e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x970 y3225 w505 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x971 y3225 w506 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x972 y3277 w507 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x973 y3277 w508 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>82)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x974 y3277 w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>,16<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x975 y3277 w509 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x976 y3277 w50a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x977 y3277 w50b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(18<span class=\"_ _6\"></span>,16<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x978 y3277 w50c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w50d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x979 y312a w50e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97a y312a w1dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>96<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97b y312a w50f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97c y312a w510 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97d y312a w511 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97e y312a w431 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>Fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows on th<span class=\"_ _0\"></span>e float<span class=\"_ _0\"></span>ing le<span class=\"_ _0\"></span>gs of inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te and exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives ar<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t spo<span class=\"_ _0\"></span>t rates<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch may dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>ts cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by cred<span class=\"_ _0\"></span>it de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s above on an exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis as cas<span class=\"_ _0\"></span>h flows wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n on<span class=\"_ _0\"></span>e year. Cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows or out<span class=\"_ _6\"></span>flows are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted on a net bas<span class=\"_ _0\"></span>is whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e net or has a lega<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d the in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basi<span class=\"_ _0\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfHedgeAccountingExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-698": {
   "value": "1<span class=\"_ _3\"></span>2 De<span class=\"_ _0\"></span>riva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves as a <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt of effic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>des<span class=\"_ _0\"></span>, bu<span class=\"_ _0\"></span>t is not limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to, hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risks<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p uses he<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ge ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed the pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed cr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia in IFR<span class=\"_ _0\"></span>S 9, <span class=\"_ _3\"></span>\u2018<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> Ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s\u2019 are me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise th<span class=\"_ _0\"></span>e offs<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of chan<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es in the fair val<span class=\"_ _0\"></span>ue or cas<span class=\"_ _0\"></span>h flow of the der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive in<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and the he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>. Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 cas<span class=\"_ _0\"></span>h flow hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into fixe<span class=\"_ _0\"></span>d rate bor<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>gs de<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d in US<span class=\"_ _0\"></span>D and is the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>e expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge and in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t rate ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. In ord<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> to hed<span class=\"_ _0\"></span>ge the<span class=\"_ _0\"></span>se ris<span class=\"_ _0\"></span>ks the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has ente<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te swaps<span class=\"_ _0\"></span>, en<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure to be swap<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>d into a fixed ra<span class=\"_ _0\"></span>te in its fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e had a net asse<span class=\"_ _0\"></span>t fair val<span class=\"_ _0\"></span>ue tota<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng \u00a3<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>5m) and a notio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l amou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a31,0<span class=\"_ _0\"></span>99<span class=\"_ _0\"></span>m at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31,09<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>m). <span class=\"_ _c\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e was no <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ess re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in the inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s \u2013 held for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vati<span class=\"_ _0\"></span>ve con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s of eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es in acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rda<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y, but for vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s reaso<span class=\"_ _0\"></span>ns are no<span class=\"_ _0\"></span>t desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hin a form<span class=\"_ _0\"></span>al he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>hip. T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s mus<span class=\"_ _0\"></span>t be desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as he<span class=\"_ _0\"></span>ld for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, and gai<span class=\"_ _0\"></span>ns an<span class=\"_ _0\"></span>d loss<span class=\"_ _0\"></span>es on thes<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed im<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s w4a1 h16d\" id=\"_f029d11a-d7e4-4e9a-8c03-8e60c4080151\"><tr><td></td><td class=\"c n x8cf y3407 w4a2 h141\"><div class=\"t m1 x1e4 h11 y323c ff11a fs2 fc0 sc0 ls114 wsa1\">Fair v<span class=\"_ _3\"></span>alues<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x8d0 y3408 w4a3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">Fair v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td></td><td class=\"c x8d2 y340a w4a4 h16e\"><div class=\"t m1 x1e4 h1b y31fd ff11a fs2 fc0 sc0 ls35 ws42\">Assets</div><div class=\"t m1 x8d1 h9d y3409 ff11a fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x8d3 h1b y340b ff11a fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h11 y340b ff11f fs2 fc0 sc0 ls3a ws46\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h11 y340b ff11c fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y340c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y340c ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y340c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bd h11 y340c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y340d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y340d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y340d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d4 h11 y340d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y340e ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y340f w4a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d5 y340f w2d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>411<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d6 y340f w4a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">33,580<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d7 y340f w4a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35,<span class=\"_ _0\"></span>63<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d8 y340f w4a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _b\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3410 w4a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d9 y3410 w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8da y3410 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y3410 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x682 y3410 w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3411 w4aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts \u2013 he<span class=\"_ _0\"></span>ld for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8db y3411 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8dc y3411 w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8dd y3411 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8de y3411 w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,00<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3412 w4ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y swap co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts \u2013 cas<span class=\"_ _0\"></span>h flow he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8df y3412 w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e0 y3412 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e1 y3412 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e2 y3412 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3413 w4ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 held fo<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e3 y3413 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>,704<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e4 y3413 w35f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">4,<span class=\"_ _0\"></span>827<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e5 y3413 w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">4<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e6 y3413 w4af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">5,092<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3414 w4b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e7 y3414 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">96<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e8 y3414 w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e9 y3414 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ea y3414 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3415 w4b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y3415 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ec y3415 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ed y3415 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ee y3415 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3416 w4b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y/i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ef y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f0 y3416 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f1 y3416 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f2 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3417 w4b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f3 y3417 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x670 y3417 w4b5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">278<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f4 y3417 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f5 y3417 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">270<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w4b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal shareholder derivatives<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f6 y324a w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f7 y324a wf9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">40,<span class=\"_ _0\"></span>499<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f8 y324a w364 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f9 y324a w4b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3418 ff11a fs6 fc0 sc0 ls16 ws16\">Unit linked derivatives<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ea w4a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>adi<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fa y31ea w3dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fb y31ea w119 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">335<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fc y31ea w4b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x67a y31ea w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w4a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>war<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fd y31eb w4b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">815<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fe y31eb w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">420<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ff y31eb wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">798<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x900 y31eb w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w4b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s \u2013 <span class=\"_ _3\"></span>he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x901 y31ec w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x902 y31ec w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x903 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x904 y31ec w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w4ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n swa<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s \u2013 held fo<span class=\"_ _0\"></span>r tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x905 y328d w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x906 y328d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x907 y328d w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>423<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x908 y328d wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w4b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ra<span class=\"_ _0\"></span>te co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x909 y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90a y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90b y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90c y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w4b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y/i<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s \u2013 hel<span class=\"_ _0\"></span>d for tra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90d y324c w49d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">969<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90e y324c w4bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,22<span class=\"_ _3\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y324c w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90f y324c w4bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">174<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves \u2013 hel<span class=\"_ _0\"></span>d for tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31cb w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x910 y31cb w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x911 y31cb w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x912 y31cb w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w4c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal unit link<span class=\"_ _3\"></span>ed derivatives<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x913 y31cc w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x914 y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,322<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1e7 y31cc w425 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x915 y31cc w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">5,<span class=\"_ _0\"></span>085<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">T<span class=\"_ _c\"></span>otal derivative assets and liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x916 y312a w3de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">41<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x917 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x918 y312a w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">45<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>427<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x919 y312a w4c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _6\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted B<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>te 11<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in P<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>e 24).<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flows in re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves have the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves have not<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s are not di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w4c3 h16f\" id=\"_b1fe7926-dd2c-4739-bc2c-7f5b8b2abe0f\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x91a h1b y3419 ff11e fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x91b h1b y341a ff11a fs2 fc0 sc0 ls116 ws123\">Fair<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h1b y341b ff11a fs2 fc0 sc0 ls132 ws12c\">Within<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x4f7 h1b y341c ff11a fs2 fc0 sc0 lsdf wsdb\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x91d h1b y341d ff11a fs2 fc0 sc0 ls114 wsa1\">values<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h1b y341e ff11a fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91f h1b y341e ff11a fs2 fc0 sc0 ls60 wsa8\">1-5<span class=\"_ _0\"></span> ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y341e ff11a fs2 fc0 sc0 lsb4 wsc0\">5<span class=\"_ _0\"></span>-1<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> y<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>a<span class=\"_ _6\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8c0 h1b y341e ff11a fs2 fc0 sc0 ls30 ws3b\">15<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span> y<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h1b y341f ff11a fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y341f ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h1b y3420 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3421 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3422 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3422 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3423 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh in<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec he y3424 ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3425 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x921 y3425 w4c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x922 y3425 w4c5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">17,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x923 y3425 w213 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">35<span class=\"_ _0\"></span>,787<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x924 y3425 w434 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x925 y3425 w4c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3425 w4c7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x927 y3425 wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3426 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x928 y3426 w4c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x929 y3426 w3f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92a y3426 w4ca h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">21,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92b y3426 w4cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92c y3426 w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92d y3426 w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92e y3426 w4cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">88,022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x92f y31ec w4ce h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x930 y31ec w4cf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _c\"></span>,<span class=\"_ _c\"></span>137<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x931 y31ec w4d0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x932 y31ec w4d1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,0<span class=\"_ _0\"></span>09<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x933 y31ec w432 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x934 y31ec w4d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x935 y31ec w4d3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3427 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec he y3428 ff11a fs6 fc0 sc0 ls4 wsd\">Shareholder derivatives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y322f w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x921 y322f w4c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x936 y322f w4d4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x937 y322f w4d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x938 y322f w4d6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">(35,293)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x939 y322f w4d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(1<span class=\"_ _3\"></span>6,054)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93a y322f w4d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>68<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93b y322f w4d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x928 y31f7 w4c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93c y31f7 w4da h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>,13<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93d y31f7 w4db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93e y31f7 w4dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x93f y31f7 w41d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(22<span class=\"_ _0\"></span>,714)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x940 y31f7 w4dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(1<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x941 y31f7 w4de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">(1<span class=\"_ _c\"></span>30,330)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x942 y31cc w4df h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x943 y31cc w4e0 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>619<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x944 y31cc w4e1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x945 y31cc w4e2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>81<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>217<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x946 y31cc w4e3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2c ws36\">(3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,76<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x947 y31cc w4e4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>21,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x948 y31cc w4e5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(2<span class=\"_ _6\"></span>31,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4e6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x949 y312a w6b h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94a y312a w1cf h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94b y312a w4e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>08)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94c y312a w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94d y312a w4e9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">(697)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x94e y312a w4ea h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr></table>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w4eb h170\" id=\"_50f2650b-6862-473d-85b2-821a8a4bd663\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x94f h11 y3429 ff11c fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x91b h11 y342a ff11f fs2 fc0 sc0 ls14b ws167\">Fair<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h11 y342b ff11c fs2 fc0 sc0 ls39 ws1c\">Within<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x4f7 h11 y342c ff11c fs2 fc0 sc0 lsf5 ws103\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x950 h11 y342d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x951 h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">1-5 y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53e h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">5<span class=\"_ _0\"></span>-15 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x952 h11 y342e ff11c fs2 fc0 sc0 ls4 ws3\">15-<span class=\"_ _0\"></span>25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y342f ff11c fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y342f ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h11 y3430 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3431 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3432 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3432 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3433 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3434 ff11c fs6 fc0 sc0 ls22 ws27\">Shareholder derivat<span class=\"_ _3\"></span>ives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32d0 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x953 y32d0 w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x954 y32d0 w4ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x955 y32d0 w4ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x956 y32d0 w4ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">4<span class=\"_ _0\"></span>0,608<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x957 y32d0 w4f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y32d0 w4f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x959 y32d0 w4f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _b\"> </span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95a y31eb w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95b y31eb w4f4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">1<span class=\"_ _c\"></span>2,562<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95c y31eb w189 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95d y31eb w4f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,167<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95e y31eb w170 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95f y31eb wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">6<span class=\"_ _0\"></span>,98<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x960 y31eb w4f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x961 y31ec w4f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x962 y31ec w4f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x963 y31ec w4fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">52,<span class=\"_ _0\"></span>201<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x964 y31ec w4fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">68<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x965 y31ec w4fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">29,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y31ec w4fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>7,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x966 y31ec w4fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">1<span class=\"_ _3\"></span>93,555<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3435 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3436 ff11c fs6 fc0 sc0 ls22 ws27\">Shareholder derivat<span class=\"_ _3\"></span>ives </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x953 y31ef w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x967 y31ef w4ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x968 y31ef w500 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x969 y31ef w501 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(25<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96a y31ef w502 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96b y31ef w1dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>07<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96c y31ef w103 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _6\"></span>74<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x95a y3225 w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96d y3225 w503 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96e y3225 w504 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96f y3225 w3f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x96a y3225 w3e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x970 y3225 w505 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x971 y3225 w506 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x972 y3277 w507 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x973 y3277 w508 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(26<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>82)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x974 y3277 w4f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>,16<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x975 y3277 w509 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x976 y3277 w50a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x977 y3277 w50b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(18<span class=\"_ _6\"></span>,16<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x978 y3277 w50c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w50d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x979 y312a w50e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97a y312a w1dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>96<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97b y312a w50f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97c y312a w510 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97d y312a w511 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97e y312a w431 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>Fut<span class=\"_ _0\"></span>ure ca<span class=\"_ _0\"></span>sh flows on th<span class=\"_ _0\"></span>e float<span class=\"_ _0\"></span>ing le<span class=\"_ _0\"></span>gs of inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te and exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives ar<span class=\"_ _0\"></span>e calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d usi<span class=\"_ _0\"></span>ng cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t spo<span class=\"_ _0\"></span>t rates<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch may dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span> mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the fair valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Cas<span class=\"_ _0\"></span>h flows ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m imp<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d even<span class=\"_ _0\"></span>ts cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by cred<span class=\"_ _0\"></span>it de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s are pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s above on an exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d basis as cas<span class=\"_ _0\"></span>h flows wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n on<span class=\"_ _0\"></span>e year. Cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows or out<span class=\"_ _6\"></span>flows are pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ted on a net bas<span class=\"_ _0\"></span>is whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e net or has a lega<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d the in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is to <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basi<span class=\"_ _0\"></span>s.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-642": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs5be\">1<span class=\"_ _3\"></span>3 Rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls114 wsa1 gs5bf\">Notes<span class=\"_ _3ad\"> </span></div><div class=\"gs5c0\"><table class=\"s w2e5 h171\" id=\"_61f49b7e-c053-43dc-aba6-76ac287d2399\"><tr><td></td><td></td><td></td><td class=\"t m1 x224 h11 y3437 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x225 h1b y3438 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3439 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y343a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y343b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 w512 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97f y32d0 w513 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>(<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x980 y32d0 wfc h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y32d0 w12c h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w514 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x982 y325a w10c h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">655<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x983 y325a w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">550<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w515 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x984 y325b w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y325b w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">384<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343c ff11c fs6 fc0 sc0 ls13 ws17\">Invent<span class=\"_ _3\"></span>ories<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3e2 y31ed w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x985 y31ed w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343d ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x22a y31c8 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x986 y31c8 w516 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d6 y324c w517 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">6<span class=\"_ _6\"></span>,111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x987 y324c wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w518 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal receivables and<span class=\"_ _3\"></span> other assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e6 y31cb w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x988 y31cb wc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x989 y31cc w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">8,20<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98a y31cc w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x98b y312a w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98c y312a w51d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs5c1\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs5c2\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs5c3\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs5c4\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>k i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>n la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs5c5\">2. <span class=\"_ _19\"> </span>Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s or s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to a cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs5c6\">3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fo<span class=\"_ _0\"></span>r inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h, F<span class=\"_ _6\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>dr<span class=\"_ _6\"></span>y bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11e fs0 fc4 sc0 ls0 ws0 gs5c7\">(i) Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5c8\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ts as a lesso<span class=\"_ _0\"></span>r of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of 35 years as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5c9\">(202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 31 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs). The co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, as less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, are re<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to be the eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c owne<span class=\"_ _0\"></span>r of the lease<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5ca\">Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wi<span class=\"_ _0\"></span>th the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs5cb\"><table class=\"s w51e h172\" id=\"_9ff84a47-2ee0-4053-aa4a-7b4d80d6abcd\"><tr><td></td><td class=\"t m1 x98d h1b y343e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y343f ff11a fs2 fc0 sc0 ls114 wsa1\">Unearned<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x656 h11 y3440 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3441 ff11c fs2 fc0 sc0 ls34 ws41\">Unearned<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3442 ff11a fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y3443 ff11a fs2 fc0 sc0 ls114 wsa1\">interest<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x990 h1b y3444 ff11a fs2 fc0 sc0 ls114 wsa1\">Present<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y3445 ff11c fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3446 ff11c fs2 fc0 sc0 ls14b ws167\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x459 h11 y3447 ff11c fs2 fc0 sc0 ls39 ws1c\">Present<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x992 h1b y3448 ff11a fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 h1b y3449 ff11a fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y344a ff11a fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h11 y344b ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h11 y344c ff11c fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y344d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y344e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y344f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3450 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3451 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3452 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3453 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3454 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3455 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3456 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3457 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3458 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3459 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x995 y31ec w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x996 y31ec w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x997 y31ec w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x998 y31ec w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x999 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99b y31ed w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99c y31ed w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99d y31ed w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31ed w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31ee w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a1 y31ee w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a2 y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a3 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a4 y31ee w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ef w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y31ef w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y31ef w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y3225 w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y3225 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y3225 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y3225 w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y3277 w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ad y3277 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ae y3277 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9af y3277 w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">266<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b0 y3277 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b1 y3277 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">167<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b2 y312a w528 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b3 y312a w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b4 y312a wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b5 y312a w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-768": {
   "value": "1<span class=\"_ _3\"></span>3 Rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h171\" id=\"_61f49b7e-c053-43dc-aba6-76ac287d2399\"><tr><td></td><td></td><td></td><td class=\"t m1 x224 h11 y3437 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x225 h1b y3438 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3439 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y343a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y343b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 w512 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97f y32d0 w513 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>(<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x980 y32d0 wfc h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y32d0 w12c h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w514 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x982 y325a w10c h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">655<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x983 y325a w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">550<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w515 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x984 y325b w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y325b w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">384<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343c ff11c fs6 fc0 sc0 ls13 ws17\">Invent<span class=\"_ _3\"></span>ories<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3e2 y31ed w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x985 y31ed w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343d ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x22a y31c8 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x986 y31c8 w516 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d6 y324c w517 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">6<span class=\"_ _6\"></span>,111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x987 y324c wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w518 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal receivables and<span class=\"_ _3\"></span> other assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e6 y31cb w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x988 y31cb wc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x989 y31cc w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">8,20<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98a y31cc w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x98b y312a w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98c y312a w51d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>k i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>n la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s or s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to a cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fo<span class=\"_ _0\"></span>r inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h, F<span class=\"_ _6\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>dr<span class=\"_ _6\"></span>y bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(i) Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ts as a lesso<span class=\"_ _0\"></span>r of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of 35 years as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 31 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs). The co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, as less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, are re<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to be the eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c owne<span class=\"_ _0\"></span>r of the lease<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wi<span class=\"_ _0\"></span>th the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w51e h172\" id=\"_9ff84a47-2ee0-4053-aa4a-7b4d80d6abcd\"><tr><td></td><td class=\"t m1 x98d h1b y343e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y343f ff11a fs2 fc0 sc0 ls114 wsa1\">Unearned<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x656 h11 y3440 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3441 ff11c fs2 fc0 sc0 ls34 ws41\">Unearned<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3442 ff11a fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y3443 ff11a fs2 fc0 sc0 ls114 wsa1\">interest<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x990 h1b y3444 ff11a fs2 fc0 sc0 ls114 wsa1\">Present<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y3445 ff11c fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3446 ff11c fs2 fc0 sc0 ls14b ws167\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x459 h11 y3447 ff11c fs2 fc0 sc0 ls39 ws1c\">Present<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x992 h1b y3448 ff11a fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 h1b y3449 ff11a fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y344a ff11a fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h11 y344b ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h11 y344c ff11c fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y344d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y344e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y344f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3450 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3451 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3452 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3453 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3454 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3455 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3456 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3457 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3458 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3459 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x995 y31ec w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x996 y31ec w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x997 y31ec w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x998 y31ec w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x999 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99b y31ed w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99c y31ed w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99d y31ed w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31ed w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31ee w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a1 y31ee w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a2 y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a3 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a4 y31ee w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ef w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y31ef w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y31ef w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y3225 w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y3225 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y3225 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y3225 w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y3277 w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ad y3277 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ae y3277 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9af y3277 w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">266<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b0 y3277 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b1 y3277 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">167<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b2 y312a w528 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b3 y312a w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b4 y312a wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b5 y312a w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-755": {
   "value": "1<span class=\"_ _3\"></span>3 Rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h171\" id=\"_61f49b7e-c053-43dc-aba6-76ac287d2399\"><tr><td></td><td></td><td></td><td class=\"t m1 x224 h11 y3437 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x225 h1b y3438 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3439 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y343a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y343b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 w512 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97f y32d0 w513 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>(<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x980 y32d0 wfc h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y32d0 w12c h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w514 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x982 y325a w10c h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">655<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x983 y325a w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">550<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w515 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x984 y325b w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y325b w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">384<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343c ff11c fs6 fc0 sc0 ls13 ws17\">Invent<span class=\"_ _3\"></span>ories<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3e2 y31ed w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x985 y31ed w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343d ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x22a y31c8 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x986 y31c8 w516 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d6 y324c w517 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">6<span class=\"_ _6\"></span>,111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x987 y324c wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w518 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal receivables and<span class=\"_ _3\"></span> other assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e6 y31cb w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x988 y31cb wc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x989 y31cc w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">8,20<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98a y31cc w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x98b y312a w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98c y312a w51d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>k i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>n la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s or s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to a cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fo<span class=\"_ _0\"></span>r inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h, F<span class=\"_ _6\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>dr<span class=\"_ _6\"></span>y bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(i) Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ts as a lesso<span class=\"_ _0\"></span>r of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of 35 years as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 31 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs). The co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, as less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, are re<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to be the eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c owne<span class=\"_ _0\"></span>r of the lease<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wi<span class=\"_ _0\"></span>th the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w51e h172\" id=\"_9ff84a47-2ee0-4053-aa4a-7b4d80d6abcd\"><tr><td></td><td class=\"t m1 x98d h1b y343e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y343f ff11a fs2 fc0 sc0 ls114 wsa1\">Unearned<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x656 h11 y3440 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3441 ff11c fs2 fc0 sc0 ls34 ws41\">Unearned<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3442 ff11a fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y3443 ff11a fs2 fc0 sc0 ls114 wsa1\">interest<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x990 h1b y3444 ff11a fs2 fc0 sc0 ls114 wsa1\">Present<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y3445 ff11c fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3446 ff11c fs2 fc0 sc0 ls14b ws167\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x459 h11 y3447 ff11c fs2 fc0 sc0 ls39 ws1c\">Present<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x992 h1b y3448 ff11a fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 h1b y3449 ff11a fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y344a ff11a fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h11 y344b ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h11 y344c ff11c fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y344d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y344e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y344f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3450 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3451 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3452 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3453 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3454 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3455 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3456 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3457 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3458 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3459 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x995 y31ec w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x996 y31ec w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x997 y31ec w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x998 y31ec w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x999 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99b y31ed w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99c y31ed w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99d y31ed w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31ed w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31ee w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a1 y31ee w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a2 y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a3 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a4 y31ee w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ef w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y31ef w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y31ef w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y3225 w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y3225 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y3225 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y3225 w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y3277 w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ad y3277 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ae y3277 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9af y3277 w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">266<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b0 y3277 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b1 y3277 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">167<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b2 y312a w528 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b3 y312a w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b4 y312a wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b5 y312a w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-732": {
   "value": "1<span class=\"_ _3\"></span>3 Rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h171\" id=\"_61f49b7e-c053-43dc-aba6-76ac287d2399\"><tr><td></td><td></td><td></td><td class=\"t m1 x224 h11 y3437 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x225 h1b y3438 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3439 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y343a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y343b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 w512 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97f y32d0 w513 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>(<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x980 y32d0 wfc h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y32d0 w12c h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w514 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x982 y325a w10c h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">655<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x983 y325a w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">550<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w515 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x984 y325b w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y325b w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">384<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343c ff11c fs6 fc0 sc0 ls13 ws17\">Invent<span class=\"_ _3\"></span>ories<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3e2 y31ed w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x985 y31ed w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343d ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x22a y31c8 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x986 y31c8 w516 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d6 y324c w517 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">6<span class=\"_ _6\"></span>,111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x987 y324c wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w518 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal receivables and<span class=\"_ _3\"></span> other assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e6 y31cb w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x988 y31cb wc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x989 y31cc w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">8,20<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98a y31cc w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x98b y312a w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98c y312a w51d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>k i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>n la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s or s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to a cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fo<span class=\"_ _0\"></span>r inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h, F<span class=\"_ _6\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>dr<span class=\"_ _6\"></span>y bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(i) Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ts as a lesso<span class=\"_ _0\"></span>r of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of 35 years as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 31 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs). The co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, as less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, are re<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to be the eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c owne<span class=\"_ _0\"></span>r of the lease<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wi<span class=\"_ _0\"></span>th the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w51e h172\" id=\"_9ff84a47-2ee0-4053-aa4a-7b4d80d6abcd\"><tr><td></td><td class=\"t m1 x98d h1b y343e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y343f ff11a fs2 fc0 sc0 ls114 wsa1\">Unearned<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x656 h11 y3440 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3441 ff11c fs2 fc0 sc0 ls34 ws41\">Unearned<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3442 ff11a fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y3443 ff11a fs2 fc0 sc0 ls114 wsa1\">interest<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x990 h1b y3444 ff11a fs2 fc0 sc0 ls114 wsa1\">Present<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y3445 ff11c fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3446 ff11c fs2 fc0 sc0 ls14b ws167\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x459 h11 y3447 ff11c fs2 fc0 sc0 ls39 ws1c\">Present<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x992 h1b y3448 ff11a fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 h1b y3449 ff11a fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y344a ff11a fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h11 y344b ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h11 y344c ff11c fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y344d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y344e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y344f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3450 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3451 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3452 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3453 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3454 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3455 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3456 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3457 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3458 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3459 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x995 y31ec w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x996 y31ec w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x997 y31ec w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x998 y31ec w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x999 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99b y31ed w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99c y31ed w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99d y31ed w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31ed w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31ee w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a1 y31ee w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a2 y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a3 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a4 y31ee w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ef w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y31ef w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y31ef w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y3225 w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y3225 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y3225 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y3225 w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y3277 w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ad y3277 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ae y3277 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9af y3277 w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">266<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b0 y3277 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b1 y3277 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">167<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b2 y312a w528 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b3 y312a w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b4 y312a wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b5 y312a w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-699": {
   "value": "1<span class=\"_ _3\"></span>3 Rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r as<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h171\" id=\"_61f49b7e-c053-43dc-aba6-76ac287d2399\"><tr><td></td><td></td><td></td><td class=\"t m1 x224 h11 y3437 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x225 h1b y3438 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3439 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y343a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y343b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 w512 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x97f y32d0 w513 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>(<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x980 y32d0 wfc h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y32d0 w12c h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w514 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x982 y325a w10c h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">655<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x983 y325a w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">550<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w515 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x984 y325b w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ca y325b w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">384<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343c ff11c fs6 fc0 sc0 ls13 ws17\">Invent<span class=\"_ _3\"></span>ories<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3e2 y31ed w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x985 y31ed w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y343d ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x22a y31c8 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x986 y31c8 w516 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y31c9 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n x3d6 y324c w517 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">6<span class=\"_ _6\"></span>,111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x987 y324c wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w518 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal receivables and<span class=\"_ _3\"></span> other assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x7e6 y31cb w2c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">9,7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x988 y31cb wc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x989 y31cc w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">8,20<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98a y31cc w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x98b y312a w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98c y312a w51d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Inv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ho<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>se b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g s<span class=\"_ _0\"></span>toc<span class=\"_ _0\"></span>k i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>n la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, wo<span class=\"_ _0\"></span>rk i<span class=\"_ _0\"></span>n p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>he e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in e<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s or s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to a cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e fr<span class=\"_ _0\"></span>om b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs a<span class=\"_ _0\"></span>nd c<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s fo<span class=\"_ _0\"></span>r inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h, F<span class=\"_ _6\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>dr<span class=\"_ _6\"></span>y bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(i) Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ts as a lesso<span class=\"_ _0\"></span>r of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of 35 years as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 31 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs). The co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, as less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, are re<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to be the eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c owne<span class=\"_ _0\"></span>r of the lease<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wi<span class=\"_ _0\"></span>th the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w51e h172\" id=\"_9ff84a47-2ee0-4053-aa4a-7b4d80d6abcd\"><tr><td></td><td class=\"t m1 x98d h1b y343e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y343f ff11a fs2 fc0 sc0 ls114 wsa1\">Unearned<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x656 h11 y3440 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3441 ff11c fs2 fc0 sc0 ls34 ws41\">Unearned<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3442 ff11a fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y3443 ff11a fs2 fc0 sc0 ls114 wsa1\">interest<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x990 h1b y3444 ff11a fs2 fc0 sc0 ls114 wsa1\">Present<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y3445 ff11c fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3446 ff11c fs2 fc0 sc0 ls14b ws167\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x459 h11 y3447 ff11c fs2 fc0 sc0 ls39 ws1c\">Present<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x992 h1b y3448 ff11a fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 h1b y3449 ff11a fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y344a ff11a fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h11 y344b ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h11 y344c ff11c fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y344d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y344e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y344f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3450 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3451 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3452 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3453 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3454 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3455 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3456 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3457 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3458 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3459 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x995 y31ec w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x996 y31ec w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x997 y31ec w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x998 y31ec w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x999 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99b y31ed w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99c y31ed w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99d y31ed w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31ed w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31ee w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a1 y31ee w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a2 y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a3 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a4 y31ee w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ef w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y31ef w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y31ef w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y3225 w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y3225 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y3225 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y3225 w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y3277 w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ad y3277 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ae y3277 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9af y3277 w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">266<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b0 y3277 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b1 y3277 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">167<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b2 y312a w528 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b3 y312a w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b4 y312a wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b5 y312a w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-775": {
   "value": "(i) Re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e lea<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ac<span class=\"_ _0\"></span>ts as a lesso<span class=\"_ _0\"></span>r of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n finan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e lease<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have a <span class=\"_ _3\"></span>wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ted ave<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of 35 years as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span> (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 31 <span class=\"_ _3\"></span>yea<span class=\"_ _0\"></span>rs). The co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, as less<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>, are re<span class=\"_ _0\"></span>gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to be the eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c owne<span class=\"_ _0\"></span>r of the lease<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wi<span class=\"_ _0\"></span>th the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s w51e h172\" id=\"_9ff84a47-2ee0-4053-aa4a-7b4d80d6abcd\"><tr><td></td><td class=\"t m1 x98d h1b y343e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y343f ff11a fs2 fc0 sc0 ls114 wsa1\">Unearned<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x656 h11 y3440 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3441 ff11c fs2 fc0 sc0 ls34 ws41\">Unearned<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3442 ff11a fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y3443 ff11a fs2 fc0 sc0 ls114 wsa1\">interest<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x990 h1b y3444 ff11a fs2 fc0 sc0 ls114 wsa1\">Present<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y3445 ff11c fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3446 ff11c fs2 fc0 sc0 ls14b ws167\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x459 h11 y3447 ff11c fs2 fc0 sc0 ls39 ws1c\">Present<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x992 h1b y3448 ff11a fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x436 h1b y3449 ff11a fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y344a ff11a fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h11 y344b ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x455 h11 y344c ff11c fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y344d ff11c fs2 fc0 sc0 lsc2 wsd0\">value<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y344e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y344f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3450 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3451 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3452 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3453 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3454 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3455 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3456 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3457 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3458 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3459 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x995 y31ec w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x996 y31ec w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x997 y31ec w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x998 y31ec w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x999 y31ec w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99b y31ed w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99c y31ed w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99d y31ed w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31ed w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31ee w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a1 y31ee w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a2 y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a3 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a4 y31ee w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ef w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y31ef w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y31ef w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y3225 w524 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a7 y3225 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a8 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a9 y3225 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9aa y3225 w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y3277 w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ad y3277 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ae y3277 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9af y3277 w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">266<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b0 y3277 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b1 y3277 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">167<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b2 y312a w528 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1,<span class=\"_ _0\"></span>119<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b3 y312a w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b4 y312a wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y312a w3d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b5 y312a w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>2</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaturityAnalysisOfFinanceLeasePaymentsReceivableExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-700": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs5cd\">1<span class=\"_ _3\"></span>4 Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ash e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs5ce\"><table class=\"s w3d6 h173\" id=\"_2e083774-c830-4c32-b34f-54322dbc3dd6\"><tr><td></td><td></td><td class=\"t m1 x78f h1b y345a ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x790 h1b y345b ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y345c ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y345d ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h1b y345e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y345f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3460 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y3461 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3462 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3463 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w529 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h at ban<span class=\"_ _0\"></span>k an<span class=\"_ _0\"></span>d in han<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x650 y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b7 y31f7 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">1,9<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b8 y31f7 w341 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w52b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b9 y31f8 w52c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">3,20<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ba y31f8 w52d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bb y31f8 wff h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w52e h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bc y312a w52f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsbe wsce\">4,2<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bd y312a w4cc h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9be y312a w530 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls20 ws23\">2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"gs5cf\"><table class=\"s w531 h174\" id=\"_f8c71690-4444-441c-b8fc-f4e3770cf099\"><tr><td></td><td></td><td class=\"t m1 x7b0 h11 y3464 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x7b1 h11 y3465 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3466 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3467 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h11 y3468 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3469 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y346a ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y346b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y346c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y346d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w529 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h at ban<span class=\"_ _0\"></span>k an<span class=\"_ _0\"></span>d in han<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bf y31cb w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">942<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c0 y31cb w52 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1,1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c1 y31cb w532 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">2,04<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w52b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68b y31cc w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,892<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c2 y31cc w533 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">29<span class=\"_ _3\"></span>,849<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c3 y31cc w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">33,7<span class=\"_ _c\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w535 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l cas<span class=\"_ _0\"></span>h and ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c4 y312a w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">4,834<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c5 y312a wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">30<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c6 y312a w536 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">35<span class=\"_ _0\"></span>,78<span class=\"_ _0\"></span>4</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndBankBalancesAtCentralBanksExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-643": {
   "value": "1<span class=\"_ _3\"></span>4 Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>ash e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uiv<span class=\"_ _0\"></span>ale<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w3d6 h173\" id=\"_2e083774-c830-4c32-b34f-54322dbc3dd6\"><tr><td></td><td></td><td class=\"t m1 x78f h1b y345a ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x790 h1b y345b ff11a fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y345c ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y345d ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h1b y345e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y345f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3460 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y3461 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y3462 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3463 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 w529 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h at ban<span class=\"_ _0\"></span>k an<span class=\"_ _0\"></span>d in han<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x650 y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b7 y31f7 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">1,9<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b8 y31f7 w341 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w52b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b9 y31f8 w52c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">3,20<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ba y31f8 w52d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bb y31f8 wff h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">1<span class=\"_ _0\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w52e h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bc y312a w52f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsbe wsce\">4,2<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bd y312a w4cc h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9be y312a w530 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls20 ws23\">2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s w531 h174\" id=\"_f8c71690-4444-441c-b8fc-f4e3770cf099\"><tr><td></td><td></td><td class=\"t m1 x7b0 h11 y3464 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x7b1 h11 y3465 ff11f fs2 fc0 sc0 ls10b ws59\">Shareholder<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3466 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3467 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h11 y3468 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3469 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y346a ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y346b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y346c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y346d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w529 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h at ban<span class=\"_ _0\"></span>k an<span class=\"_ _0\"></span>d in han<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bf y31cb w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">942<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c0 y31cb w52 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1,1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c1 y31cb w532 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">2,04<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w52b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68b y31cc w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,892<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c2 y31cc w533 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">29<span class=\"_ _3\"></span>,849<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c3 y31cc w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">33,7<span class=\"_ _c\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w535 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l cas<span class=\"_ _0\"></span>h and ca<span class=\"_ _0\"></span>sh eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c4 y312a w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">4,834<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c5 y312a wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">30<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c6 y312a w536 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">35<span class=\"_ _0\"></span>,78<span class=\"_ _0\"></span>4</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-733": {
   "value": "1<span class=\"_ _3\"></span>5 Ma<span class=\"_ _0\"></span>rket r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span>(i) I<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y ris<span class=\"_ _0\"></span>k expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re limi<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts are bas<span class=\"_ _0\"></span>ed on<span class=\"_ _0\"></span> mac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic da<span class=\"_ _0\"></span>ta and key qua<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. The lat<span class=\"_ _6\"></span>ter take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l and pol<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The ta<span class=\"_ _0\"></span>ble be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w ind<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed fr<span class=\"_ _0\"></span>om the ta<span class=\"_ _0\"></span>ble as the ri<span class=\"_ _0\"></span>sk is re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by the poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>Exposure to w<span class=\"_ _3\"></span>orldwide equity mark<span class=\"_ _3\"></span>ets<span class=\"_ _3ad\"> </span><table class=\"s w537 h175\" id=\"_5eeef005-a750-4bcd-924a-492fd20a8864\"><tr><td></td><td class=\"t m1 x1e0 h1b y346e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y346e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y346f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y346f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3470 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c7 y3470 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c8 y3470 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 w539 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">North America<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c9 y3220 wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">231<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ca y3220 w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">176<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3270 w53a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1d ws32\">Europe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x21e y3270 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">326<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x76e y3270 w53b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3271 w53c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Japan<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cb y3271 w53d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cc y3271 w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3222 w53e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>ia Pac<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cd y3222 w2fa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ce y3222 w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3471 w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9cf y3471 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d0 y3471 w314 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w53f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">Listed equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y3472 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">802<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d2 y3472 w9d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">8<span class=\"_ _0\"></span>85<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3473 ff11c fs6 fc0 sc0 ls10 ws2f\">Unlisted equities<span class=\"_ _3ad\"> </span></td><td class=\"c n x51b y3225 w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d3 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3474 ff11c fs6 fc0 sc0 lsd ws15\">Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in un<span class=\"_ _0\"></span>it tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x1ed y31cc w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d4 y31cc w541 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">1,421<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w542 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d5 y312a w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d6 y312a wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">3,<span class=\"_ _0\"></span>071<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Un<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>it b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en \u00a3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>82<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2m) U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, \u00a33<span class=\"_ _0\"></span>19m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>1m) Eur<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d \u00a35<span class=\"_ _0\"></span>7m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2m) N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a. </span>2. <span class=\"_ _19\"> </span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>n Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs i<span class=\"_ _0\"></span>n un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(b) Deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on macr<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic dat<span class=\"_ _0\"></span>a and key qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ind<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he lat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ial an<span class=\"_ _0\"></span>d poli<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ron<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the tab<span class=\"_ _0\"></span>le as the ris<span class=\"_ _0\"></span>k is reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the <span class=\"_ _3\"></span>policyholder.<span class=\"_ _3ad\"> </span>T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies <table class=\"s w543 h176\" id=\"_15ef1692-2575-42ed-9c92-a93314093c99\"><tr><td></td><td></td><td class=\"t m1 x1df h11 y3475 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3476 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3477 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3478 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3479 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y347a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y347b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32c8 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d7 y32c8 w544 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _c\"></span>,273<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d8 y32c8 w545 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">32<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y32ca w547 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>9,<span class=\"_ _6\"></span>012<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d9 y32ca w548 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9da y33b6 w54a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,206<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9db y33b6 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dc y33b7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y33b7 w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">921<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y347c w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">277<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9de y347c w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">238<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347d ff11c fs6 fc0 sc0 ls4 ws3\">GIIPS: </td><td></td><td></td></tr><tr><td class=\"c n x4aa y3220 w54d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ire<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9df y3220 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,066<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e0 y3220 w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33ba w54e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ita<span class=\"_ _0\"></span>ly<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e1 y33ba w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e2 y33ba w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33bb w54f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Spa<span class=\"_ _0\"></span>in<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e3 y33bb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e4 y33bb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">202<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e5 y33bc w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e6 y33bc w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e7 y33bd w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e8 y33bd w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w551 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">Brazil<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e9 y3472 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ea y3472 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347e w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9eb y347e w553 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">6,227<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ec y347e wd6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347f ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></td><td class=\"c n x9ed y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ee y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ef y312a w554 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">8<span class=\"_ _c\"></span>1,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f0 y312a w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Al<span class=\"_ _0\"></span>l CD<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>s of \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m) are d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t of W<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(c<span class=\"_ _c\"></span>) Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s on sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span><table class=\"s w555 h177\" id=\"_f47ac54a-549f-4b68-ac9a-426fcac75e2e\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3480 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x224 h11 y3481 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3483 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3484 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x2bb h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3486 ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x9f1 h11 y3487 ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3488 w556 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls1d ws32\">Sovereign<span class=\"_ _3\"></span>s, supra<span class=\"_ _3\"></span>s and<span class=\"_ _c\"></span> sub<span class=\"_ _0\"></span>-sovereigns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f2 y3488 w557 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f3 y3488 w11b h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f4 y3488 w558 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f5 y3488 w520 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3489 ff11c fs6 fc0 sc0 ls4 ws3\">Banks:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348a w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f6 y348a w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f7 y348a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f8 y348a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f9 y348a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348b w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348b w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fc y348b w55b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fd y348b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348c w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y348c w55d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6,7<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ff y348c w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa00 y348c w55e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa01 y348c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348d w55f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa02 y348d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa03 y348d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa04 y348d w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa05 y348d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y348e ff11c fs6 fc0 sc0 ls4 ws3\">Financial <span class=\"_ _3\"></span>ser<span class=\"_ _0\"></span>vices:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348f w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348f w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa06 y348f wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">209<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa07 y348f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3490 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y3490 w561 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _b\"></span>,14<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa08 y3490 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa09 y3490 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0a y3490 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3491 ff11c fs6 fc0 sc0 ls10 ws2f\">Insurance:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3492 w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0b y3492 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0c y3492 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0d y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0e y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3493 w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0f y3493 w334 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">238<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa10 y3493 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa11 y3493 w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">267<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa12 y3493 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3410 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa13 y3410 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">988<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa14 y3410 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa15 y3410 wa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">9<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa16 y3410 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3494 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s and go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3412 w562 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cyc<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa17 y3412 w563 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa18 y3412 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa19 y3412 w564 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1a y3412 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3413 w565 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cy<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1b y3413 w566 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _b\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1c y3413 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1d y3413 wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1e y3413 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3414 w567 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">\u2013 <span class=\"_ _3\"></span>Health<span class=\"_ _0\"></span>care<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1f y3414 w568 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa20 y3414 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa21 y3414 w569 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">2,<span class=\"_ _0\"></span>308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa22 y3414 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3495 ff11c fs6 fc0 sc0 lse ws28\">Infrastru<span class=\"_ _0\"></span>cture: </td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3416 w56a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa23 y3416 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">6,524<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa24 y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa25 y3416 w56b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa26 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3417 w56c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa27 y3417 w56d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa28 y3417 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa29 y3417 w56e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2a y3417 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w56f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d tele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2b y324a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">4,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2c y324a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2d y324a w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>405<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2e y324a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w570 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Industr<span class=\"_ _0\"></span>ials<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2f y324b we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa30 y324b w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa31 y324b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w571 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls7a wsa6\">Utili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa33 y31ea w572 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y31ea w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa34 y31ea wc3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa35 y31ea w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w573 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Energy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa36 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa37 y31eb w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa38 y31eb w574 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa39 y31eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b1 w575 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Commodities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3a y33b1 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">885<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3b y33b1 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61b y33b1 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3c y33b1 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w576 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Oi<span class=\"_ _0\"></span>l and gas<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3d y328d w300 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3e y328d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3f y328d w577 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w578 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1a ws1c\">Real estate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa40 y31c8 w579 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">4,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa41 y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa42 y31c8 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w57a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e AB<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>/R<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa43 y324c w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,031<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y324c w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa45 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,721<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa46 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w57b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e loan<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa47 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa48 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa49 y31cb w57c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,84<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4a y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w57d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4d y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4f y312a w57e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa50 y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">100<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa51 y312a w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">7<span class=\"_ _0\"></span>1,7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa52 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>Analysis<span class=\"_ _3\"></span> of s<span class=\"_ _3\"></span>overei<span class=\"_ _3\"></span>gns, supra<span class=\"_ _3\"></span>s and<span class=\"_ _3\"></span> sub-so<span class=\"_ _3\"></span>vereigns<span class=\"_ _3ad\"> </span><table class=\"s w581 h178\" id=\"_98ac4924-558d-4ad7-8900-dd8fb0daa377\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3496 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y3497 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3498 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3499 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x228 h11 y349a ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td></tr><tr><td class=\"t m1 x229 he y349b ff11a fs6 fc0 sc0 ls4 wsd\">Market v<span class=\"_ _3\"></span>alue by<span class=\"_ _3\"></span> region<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cf w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa53 y32cf w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8,79<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa54 y32cf w582 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa55 y31ea w583 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">1<span class=\"_ _3\"></span>,696<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa56 y31ea w584 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa57 y31eb w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa58 y31eb w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y31ec w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa59 y31ec w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5a y31ed w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y31ed w586 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w587 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5b y31ee w588 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">425<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5c y31ee w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5d y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y31cb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">248<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5e y31cb w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5f y31cc waa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsdf wsdb\">534<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa60 y31cc w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">615<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y312a w557 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa62 y312a w558 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>(ii) Currency risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>al exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k from fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld by busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s in cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ies ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the<span class=\"_ _0\"></span>ir fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, nea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y all suc<span class=\"_ _0\"></span>h hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs are ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r back<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in the sam<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y or are hed<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d bac<span class=\"_ _0\"></span>k to GBP<span class=\"_ _c\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and as a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m fluc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes of vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>te to the Grou<span class=\"_ _0\"></span>p\u2019s US busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ric<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>. The maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to eur<span class=\"_ _0\"></span>os are he<span class=\"_ _0\"></span>ld by Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt (E<span class=\"_ _0\"></span>uro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, a subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (H<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up doe<span class=\"_ _0\"></span>s not he<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y reven<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s as these ar<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d loc<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y to supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t the<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th of the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s and me<span class=\"_ _0\"></span>et lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y and mar<span class=\"_ _0\"></span>ket re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses ai<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n suffi<span class=\"_ _0\"></span>cie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts in loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy to mee<span class=\"_ _0\"></span>t loc<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, how<span class=\"_ _0\"></span>ever move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts may imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t the valu<span class=\"_ _0\"></span>e of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y whi<span class=\"_ _0\"></span>ch is exp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d in ste<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s aspe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of forei<span class=\"_ _0\"></span>gn exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ris<span class=\"_ _0\"></span>k is moni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>ly, aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>ese exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es are ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>ed by ali<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e dep<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l by <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y with th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts by cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy. <span class=\"_ _3\"></span>Cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs and de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ives may be use<span class=\"_ _0\"></span>d to manag<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hin th<span class=\"_ _0\"></span>e limi<span class=\"_ _0\"></span>ts tha<span class=\"_ _0\"></span>t have bee<span class=\"_ _0\"></span>n set. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up he<span class=\"_ _0\"></span>ld ne<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of \u00a30.5b<span class=\"_ _0\"></span>n (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: net lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a34.4<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>of its tota<span class=\"_ _0\"></span>l equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, main<span class=\"_ _0\"></span>ly U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r and eu<span class=\"_ _0\"></span>ro, ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r than the fu<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy of the rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>t. Th<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s inhe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in the<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es may be miti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ted th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h the use of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s, ma<span class=\"_ _0\"></span>inl<span class=\"_ _0\"></span>y for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts.<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t wit<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up\u2019s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, the pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts of overse<span class=\"_ _0\"></span>as bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s uni<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ted as fun<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ies) are tran<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at averag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> exch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge ra<span class=\"_ _0\"></span>tes and th<span class=\"_ _0\"></span>e net ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as func<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) at the clos<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rate for the re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>10% inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (weaken<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n cu<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) <span class=\"_ _3\"></span>or de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se (<span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g of forei<span class=\"_ _0\"></span>gn cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es) in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rates wou<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e or redu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e the pro<span class=\"_ _0\"></span>fit for th<span class=\"_ _0\"></span>e year and ne<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span><table class=\"s w589 h179\" id=\"_cfcd3fb6-4cd7-4048-ae99-0b37519a3cad\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y349d ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">US<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>:G<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e r<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a6 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa66 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa67 y31cc w10f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa68 y31cc w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to US<span class=\"_ _0\"></span>D exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x24c y32b7 w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa69 y32b7 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6a y32b7 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6b y32b7 w58b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span><table class=\"s w58c h179\" id=\"_4df31bef-7a5f-42a3-be0e-05c91218db37\"><tr><td></td><td></td><td class=\"t m1 xa63 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase i<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1f9 h11 y349c ff11c fs2 fc0 sc0 ls4 ws3\">A 10% de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y34a8 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">EU<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span>GB<span class=\"_ _0\"></span>P exc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x6a3 h11 y349e ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y349f ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y34a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y34a1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y34a3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34a4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y34a4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34a5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y34a9 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t for th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6d y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6e y31cc w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa6f y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y34a7 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to EU<span class=\"_ _0\"></span>R exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x246 y32b7 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa70 y32b7 w58d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa71 y32b7 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa72 y32b7 w58e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>111<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>y to ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y is n<span class=\"_ _0\"></span>ot s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>. Ne<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e b<span class=\"_ _0\"></span>oth f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nal c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l </span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:SensitivityAnalysisForEachTypeOfMarketRisk",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-756": {
   "value": "(b) Deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e risks by usi<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l cou<span class=\"_ _0\"></span>ntr<span class=\"_ _6\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e rati<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s are base<span class=\"_ _0\"></span>d on macr<span class=\"_ _0\"></span>oe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic dat<span class=\"_ _0\"></span>a and key qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ind<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he lat<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r take in<span class=\"_ _0\"></span>to acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>, soc<span class=\"_ _0\"></span>ial an<span class=\"_ _0\"></span>d poli<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l envi<span class=\"_ _0\"></span>ron<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low in<span class=\"_ _0\"></span>dic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts aro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d the wor<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the tab<span class=\"_ _0\"></span>le as the ris<span class=\"_ _0\"></span>k is reta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed by the <span class=\"_ _3\"></span>policyholder.<span class=\"_ _3ad\"> </span>T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies <table class=\"s w543 h176\" id=\"_15ef1692-2575-42ed-9c92-a93314093c99\"><tr><td></td><td></td><td class=\"t m1 x1df h11 y3475 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3476 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3477 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3478 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3479 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y347a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y347b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32c8 w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d7 y32c8 w544 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _c\"></span>,273<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d8 y32c8 w545 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">32<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y32ca w547 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>9,<span class=\"_ _6\"></span>012<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d9 y32ca w548 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>6,<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9da y33b6 w54a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,206<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9db y33b6 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b7 w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dc y33b7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f3 y33b7 w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">921<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y347c w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">277<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9de y347c w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">238<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347d ff11c fs6 fc0 sc0 ls4 ws3\">GIIPS: </td><td></td><td></td></tr><tr><td class=\"c n x4aa y3220 w54d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ire<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9df y3220 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,066<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e0 y3220 w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33ba w54e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ita<span class=\"_ _0\"></span>ly<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e1 y33ba w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">68<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e2 y33ba w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y33bb w54f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Spa<span class=\"_ _0\"></span>in<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e3 y33bb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e4 y33bb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">202<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bc w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e5 y33bc w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e6 y33bc w3a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">298<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33bd w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e7 y33bd w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e8 y33bd w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3472 w551 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">Brazil<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e9 y3472 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ea y3472 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347e w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9eb y347e w553 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">6,227<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ec y347e wd6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y347f ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></td><td class=\"c n x9ed y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ee y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ef y312a w554 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">8<span class=\"_ _c\"></span>1,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f0 y312a w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Al<span class=\"_ _0\"></span>l CD<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>s of \u00a35<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m) are d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t of W<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(c<span class=\"_ _c\"></span>) Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s on sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span><table class=\"s w555 h177\" id=\"_f47ac54a-549f-4b68-ac9a-426fcac75e2e\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3480 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x224 h11 y3481 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3482 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3483 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3484 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x2bb h1b y3485 ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3486 ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x9f1 h11 y3487 ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3488 w556 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls1d ws32\">Sovereign<span class=\"_ _3\"></span>s, supra<span class=\"_ _3\"></span>s and<span class=\"_ _c\"></span> sub<span class=\"_ _0\"></span>-sovereigns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f2 y3488 w557 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f3 y3488 w11b h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f4 y3488 w558 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f5 y3488 w520 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3489 ff11c fs6 fc0 sc0 ls4 ws3\">Banks:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348a w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f6 y348a w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f7 y348a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f8 y348a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9f9 y348a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348b w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348b w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fc y348b w55b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fd y348b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348c w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y348c w55d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6,7<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ff y348c w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa00 y348c w55e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa01 y348c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y348d w55f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa02 y348d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa03 y348d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa04 y348d w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa05 y348d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y348e ff11c fs6 fc0 sc0 ls4 ws3\">Financial <span class=\"_ _3\"></span>ser<span class=\"_ _0\"></span>vices:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y348f w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fa y348f w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fb y348f w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa06 y348f wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">209<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa07 y348f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3490 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9fe y3490 w561 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _b\"></span>,14<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa08 y3490 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa09 y3490 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0a y3490 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3491 ff11c fs6 fc0 sc0 ls10 ws2f\">Insurance:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3492 w559 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0b y3492 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0c y3492 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0d y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0e y3492 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3493 w55a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Tie<span class=\"_ _0\"></span>r 2 and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa0f y3493 w334 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">238<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa10 y3493 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa11 y3493 w2b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">267<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa12 y3493 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3410 w55c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Se<span class=\"_ _0\"></span>nio<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa13 y3410 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">988<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa14 y3410 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa15 y3410 wa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">9<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa16 y3410 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3494 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ser<span class=\"_ _6\"></span>vic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s and go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3412 w562 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cyc<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa17 y3412 w563 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa18 y3412 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa19 y3412 w564 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1a y3412 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3413 w565 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>cy<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1b y3413 w566 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _b\"></span>3<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1c y3413 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1d y3413 wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1e y3413 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3414 w567 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">\u2013 <span class=\"_ _3\"></span>Health<span class=\"_ _0\"></span>care<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa1f y3414 w568 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa20 y3414 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa21 y3414 w569 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">2,<span class=\"_ _0\"></span>308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa22 y3414 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3495 ff11c fs6 fc0 sc0 lse ws28\">Infrastru<span class=\"_ _0\"></span>cture: </td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3416 w56a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Soc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa23 y3416 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">6,524<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa24 y3416 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa25 y3416 w56b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa26 y3416 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3417 w56c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa27 y3417 w56d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa28 y3417 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa29 y3417 w56e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2a y3417 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w56f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d tele<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2b y324a w495 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">4,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2c y324a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2d y324a w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>405<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2e y324a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w570 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Industr<span class=\"_ _0\"></span>ials<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2f y324b we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa30 y324b w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa31 y324b wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w571 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls7a wsa6\">Utili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa33 y31ea w572 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61e y31ea w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa34 y31ea wc3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa35 y31ea w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w573 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Energy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa36 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa37 y31eb w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa38 y31eb w574 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa39 y31eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b1 w575 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Commodities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3a y33b1 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">885<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3b y33b1 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61b y33b1 w8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3c y33b1 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w576 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Oi<span class=\"_ _0\"></span>l and gas<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3d y328d w300 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3e y328d w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3f y328d w577 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa32 y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w578 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls1a ws1c\">Real estate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa40 y31c8 w579 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">4,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa41 y31c8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa42 y31c8 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a5 y31c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w57a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e AB<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>/R<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>S/O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa43 y324c w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,031<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y324c w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa45 y324c w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,721<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa46 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w57b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e loan<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa47 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa48 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa49 y31cb w57c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,84<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4a y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w57d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Collateralise<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>deb<span class=\"_ _0\"></span>t <span class=\"_ _3\"></span>obliga<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31cc w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4d y31cc we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4f y312a w57e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa50 y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">100<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa51 y312a w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">7<span class=\"_ _0\"></span>1,7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa52 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>Analysis<span class=\"_ _3\"></span> of s<span class=\"_ _3\"></span>overei<span class=\"_ _3\"></span>gns, supra<span class=\"_ _3\"></span>s and<span class=\"_ _3\"></span> sub-so<span class=\"_ _3\"></span>vereigns<span class=\"_ _3ad\"> </span><table class=\"s w581 h178\" id=\"_98ac4924-558d-4ad7-8900-dd8fb0daa377\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3496 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y3497 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3498 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3499 ff11a fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x228 h11 y349a ff11c fs2 fc0 sc0 ls4 ws3\">\u00a3m </td></tr><tr><td class=\"t m1 x229 he y349b ff11a fs6 fc0 sc0 ls4 wsd\">Market v<span class=\"_ _3\"></span>alue by<span class=\"_ _3\"></span> region<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cf w538 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa53 y32cf w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8,79<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa54 y32cf w582 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa55 y31ea w583 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">1<span class=\"_ _3\"></span>,696<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa56 y31ea w584 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w549 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Nethe<span class=\"_ _0\"></span>rlands<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa57 y31eb w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa58 y31eb w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w54b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13a ws150\">Fra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y31ec w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa59 y31ec w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w54c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">Ger<span class=\"_ _0\"></span>many<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5a y31ed w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e0 y31ed w586 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w587 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5b y31ee w588 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">425<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5c y31ee w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w15a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Belgium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5d y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w550 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Eur<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9dd y31cb w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">248<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5e y31cb w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w552 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st of Wor<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5f y31cc waa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsdf wsdb\">534<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa60 y31cc w272 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">615<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y312a w557 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11,<span class=\"_ _b\"></span>8<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa62 y312a w558 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">8<span class=\"_ _0\"></span>,24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-734": {
   "value": "1<span class=\"_ _3\"></span>6 Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>isk Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s from it<span class=\"_ _0\"></span>s offe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng of insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e and inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts of shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>\u2019, <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s\u2019 an<span class=\"_ _0\"></span>d segr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d cli<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts\u2019 mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>ks to be taken<span class=\"_ _0\"></span>, as well as the hed<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Ove<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht of cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t has bee<span class=\"_ _0\"></span>n del<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by the Boar<span class=\"_ _0\"></span>d to the Grou<span class=\"_ _0\"></span>p Ris<span class=\"_ _0\"></span>k Fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l Ris<span class=\"_ _0\"></span>k Com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>GR<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RC), the re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es pro<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s appe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>te for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k in aggr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, and by issu<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, sec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>, and ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d moni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> to app<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>te. T<span class=\"_ _0\"></span>he GR<span class=\"_ _0\"></span>FR<span class=\"_ _0\"></span>C also co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k impl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it in new ass<span class=\"_ _0\"></span>et cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>es and co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and adv<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s on app<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iate co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols it<span class=\"_ _0\"></span>s expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h defi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th of the cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> wi<span class=\"_ _0\"></span>th whi<span class=\"_ _0\"></span>ch it wil<span class=\"_ _0\"></span>l deal an<span class=\"_ _0\"></span>d set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e tole<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es for the<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e moni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d and revi<span class=\"_ _0\"></span>ewe<span class=\"_ _0\"></span>d by ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt on<span class=\"_ _0\"></span> a cou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>par<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>by<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>is.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk is sho<span class=\"_ _0\"></span>wn be<span class=\"_ _0\"></span>low. This in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es bo<span class=\"_ _0\"></span>th ex<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y and inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly ra<span class=\"_ _0\"></span>ted po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s have not bee<span class=\"_ _0\"></span>n inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d as shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs ar<span class=\"_ _0\"></span>e not dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to the assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>ted cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>. Add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y, asset<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d acq<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts and ta<span class=\"_ _0\"></span>x have no expos<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t risk an<span class=\"_ _0\"></span>d the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re have also be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>For ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly ra<span class=\"_ _0\"></span>ted ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng ban<span class=\"_ _0\"></span>ds are pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d by inde<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g age<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted tr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are assi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ed a rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span> thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o revi<span class=\"_ _0\"></span>ew pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss or thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh a com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e, de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g on com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>exi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. Cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re an int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>nal ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng even wh<span class=\"_ _0\"></span>en an ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g is alrea<span class=\"_ _0\"></span>dy avail<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, if thes<span class=\"_ _0\"></span>e cons<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial tra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s or are com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons or di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. In th<span class=\"_ _0\"></span>ese ca<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>, inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span> ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs are ass<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by eith<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e LGIM Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rati<span class=\"_ _0\"></span>ng team or th<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fir<span class=\"_ _0\"></span>m tha<span class=\"_ _0\"></span>t ori<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d the tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s the max<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk bef<span class=\"_ _0\"></span>ore ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of colla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ral he<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>. Col<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al is hel<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ate cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, by <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ue of tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s in long<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves and sto<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k len<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span> acti<span class=\"_ _0\"></span>vitie<span class=\"_ _0\"></span>s. Shareholder<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _2be\"> </span><span class=\"ff11c ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></span><table class=\"s w2db h17a\" id=\"_c716e7b8-4b3e-49e1-be3f-2a7f4a1101b1\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x7f1 h1b y34aa ff11a fs2 fc0 sc0 ls115 ws8d\">BB and<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xa73 h1b y34ab ff11a fs2 fc0 sc0 ls185 ws1a6\">AAA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y34ab ff11a fs2 fc0 sc0 ls185 ws1a6\">AA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h1b y34ab ff11a fs2 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa75 h1b y34ab ff11a fs2 fc0 sc0 ls113 ws122\">BBB<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h1b y34ac ff11a fs2 fc0 sc0 lsd8 ws13e\">bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y34ac ff11a fs2 fc0 sc0 ls114 wsa1\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y34ac ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa76 h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y34ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y34ae ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y34af w58f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Gov<span class=\"_ _3\"></span>ernment<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa77 y34af w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">242<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa78 y34af w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">8<span class=\"_ _6\"></span>,14<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa79 y34af w11d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7a y34af w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">98<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7b y34af w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7c y34af w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7d y34af w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>,736<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b0 w590 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fixe<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa7e y34b0 w591 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">2,083<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa7f y34b0 w592 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">7<span class=\"_ _c\"></span>,080<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa80 y34b0 w593 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24,20<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa81 y34b0 w594 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa82 y34b0 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">299<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa83 y34b0 w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">141<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa84 y34b0 w596 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55,<span class=\"_ _0\"></span>455<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b1 w597 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ra<span class=\"_ _0\"></span>te se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa85 y34b1 w20b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">471<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa86 y34b1 w598 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>,73<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa87 y34b1 w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">4,039<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa88 y34b1 wed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,<span class=\"_ _0\"></span>328<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x910 y34b1 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa89 y34b1 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8a y34b1 w599 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b2 w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa8b y34b2 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c4 y34b2 w59a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,835<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8c y34b2 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">504<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8d y34b2 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">402<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8e y34b2 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y34b2 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8f y34b2 w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b3 w59d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">Accrued<span class=\"_ _3\"></span> inter<span class=\"_ _3\"></span>est<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa90 y34b3 w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa91 y34b3 w59e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">113<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa92 y34b3 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">240<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa93 y34b3 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">283<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa94 y34b3 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa95 y34b3 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa96 y34b3 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">666<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b4 w59f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal debt securities<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa97 y34b4 w5a0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16 ws25\">2,820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa98 y34b4 w5a1 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>03<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa99 y34b4 w5a2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">29,<span class=\"_ _6\"></span>24<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9a y34b4 w5a3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls78 ws7f\">25<span class=\"_ _0\"></span>,757<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9b y34b4 w47f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lse ws28\">437<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9c y34b4 w3ae h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9d y34b4 w5a4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2b ws12b\">81<span class=\"_ _3\"></span>,330<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w5a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">Loans<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa9e y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa9f y322d w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa0 y322d w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">893<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa1 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa2 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa3 y322d w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">536<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa4 y322d w5a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">1,<span class=\"_ _6\"></span>612<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa5 y3282 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa6 y3282 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa7 y3282 w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa8 y3282 w5a8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaaa y3282 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaab y3282 w5a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">6<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaac y3282 w5aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaad y31f6 w5ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaae y31f6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">985<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaaf y31f6 w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">805<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab0 y31f6 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab1 y31f6 w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y31f6 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab3 y31f6 w5ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc0 wsc\">444<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab4 y31f6 w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,2<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xab5 y31f7 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab6 y31f7 w5af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab7 y31f7 w5b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>551<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ec y31f7 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">256<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab8 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab9 y31f7 w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">336<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaba y31f7 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xabb y31f8 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabc y31f8 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabd y31f8 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabe y31f8 w5b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y31f8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xabf y31f8 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac0 y31f8 w107 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xac1 y312a w5a0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16 ws25\">3,820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac2 y312a w5b2 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls19 ws1a\">28<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac3 y312a w5b3 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">7<span class=\"_ _0\"></span>2<span class=\"_ _b\"></span>,14<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac4 y312a w5b4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls24 ws2a\">26,<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x668 y312a w5b5 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls14 ws2d\">440<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac5 y312a w40e h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">8<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xac6 y312a w5b6 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">13<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,17<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr></table>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 (R<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _152\"> </span><span class=\"ls114 wsa1\">Notes<span class=\"_ _3ad\"> </span></span><table class=\"s w2e5 h17b\" id=\"_44b8dfe1-a831-4af1-b93b-e4d7923a9787\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x7f1 h11 y34b5 ff11c fs2 fc0 sc0 ls4 ws3\">BB a<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xa73 h11 y34b6 ff11f fs2 fc0 sc0 ls186 ws1a7\">AAA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xac7 h11 y34b6 ff11f fs2 fc0 sc0 ls186 ws1a7\">AA<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h11 y34b6 ff11f fs2 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xac8 h11 y34b6 ff11c fs2 fc0 sc0 ls172 ws18f\">BBB<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h11 y34b7 ff11c fs2 fc0 sc0 ls170 ws161\">below<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h11 y34b7 ff11f fs2 fc0 sc0 ls39 ws1c\">Other<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y34b7 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa76 h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y34b8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y34b9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y34ba w58f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">Gov<span class=\"_ _3\"></span>ernment<span class=\"_ _3\"></span> securit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xac9 y34ba wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaca y34ba w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>,72<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacb y34ba w346 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">207<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacc y34ba w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacd y34ba w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xace y34ba w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacf y34ba w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">5,<span class=\"_ _0\"></span>505<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bb w590 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fixe<span class=\"_ _0\"></span>d ra<span class=\"_ _0\"></span>te sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xad0 y34bb w5b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad1 y34bb w5b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">6<span class=\"_ _0\"></span>,072<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad2 y34bb w189 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad3 y34bb w57f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">2<span class=\"_ _0\"></span>1,9<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad4 y34bb w5b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad5 y34bb wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad6 y34bb w3f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">50<span class=\"_ _0\"></span>,78<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bc w498 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Li<span class=\"_ _0\"></span>fet<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xad7 y34bc w5ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">3,<span class=\"_ _0\"></span>246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad8 y34bc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">824<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x485 y34bc w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">428<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad9 y34bc wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">336<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xada y34bc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadb y34bc wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadc y34bc w5bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">4,844<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34bd w597 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ra<span class=\"_ _0\"></span>te se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xadd y34bd wbd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">491<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xade y34bd w5bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xadf y34bd w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,6<span class=\"_ _0\"></span>48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae0 y34bd w5bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae1 y34bd w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae2 y34bd w520 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae3 y34bd w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34be w59d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">Accrued<span class=\"_ _3\"></span> inter<span class=\"_ _3\"></span>est<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xae4 y34be wdb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">33<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae5 y34be w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae6 y34be wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">220<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae7 y34be w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">306<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae8 y34be w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae9 y34be w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y34be w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">652<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y34b4 w5c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xaeb y34b4 w5c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x922 y34b4 wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaec y34b4 w5c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">24,<span class=\"_ _0\"></span>358<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaed y34b4 w5c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">25<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>91<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e7 y34b4 w5c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">9<span class=\"_ _0\"></span>07<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaee y34b4 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaef y34b4 w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">71,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w5a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">Loans<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xa9e y31ed w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf0 y31ed w5c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">303<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf1 y31ed w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">318<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf2 y31ed w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa94 y31ed we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf3 y31ed wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf4 y31ed w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf5 y31ee w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf6 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y31ee w5c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf7 y31ee w5c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">38,<span class=\"_ _0\"></span>829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf8 y31ee w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,93<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaf9 y31ee w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafa y31ee w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafb y31ee w436 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>78<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafc y324c w5ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafd y324c w36b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">412<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xafe y324c w5c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5aa y324c wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaff y324c w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">77<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb00 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb01 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">548<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb02 y324c w4d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">4,834<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w352 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xab5 y31cb w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb03 y31cb w5cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,829<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb04 y31cb w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">648<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb05 y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb06 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c9 y31cb w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">235<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb07 y31cb wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w353 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls16 ws16\">Othe<span class=\"_ _0\"></span>r assets<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xb08 y31cc w5cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad8 y31cc w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">355<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb09 y31cc w5cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">666<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0a y31cc w5ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0b y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0c y31cc w174 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">6<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0d y31cc w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xb0e y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb0f y312a w5cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">1<span class=\"_ _3\"></span>9,809<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb10 y312a w5d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66,4<span class=\"_ _0\"></span>02<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb11 y312a w5d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb12 y312a w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">9<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb13 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>6<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb14 y312a w5d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">131<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr></table>Impairment Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I and<span class=\"_ _0\"></span> am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>any lo<span class=\"_ _0\"></span>ss allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t by stag<span class=\"_ _0\"></span>e. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p did not have any pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: no pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed or or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s). <span class=\"_ _c\"></span>O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t are pre<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y unr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h an imma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>ce (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> im<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial los<span class=\"_ _0\"></span>s allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce).<span class=\"_ _3ad\"> </span>F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5d3 h17c\" id=\"_31c8e0da-4593-4d3c-b19d-cb1dd1c178ba\"><tr><td></td><td class=\"t m1 x333 h1b y34bf ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34c0 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c1 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34c2 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34c3 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34c5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34c6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34c8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34c9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ca ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34cb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34cc ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34cd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34cf ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34d0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31eb w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb17 y31eb w5d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb18 y31eb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31eb w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb19 y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1a y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1b y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1c y31ec w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1d y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1e y31ec we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb20 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb21 y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb22 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb23 y328d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb24 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb25 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y328d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb28 y31c8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb29 y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2a y31c8 w114 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2b y31c8 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2d y31c8 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2e y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2f y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb30 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb31 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb32 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb33 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb34 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb35 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb36 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb37 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb38 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb39 y31cc w5df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3b y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3d y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3e y312a w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb40 y312a w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb41 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb42 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb43 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr></table>Amortised cost<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5e1 h17d\" id=\"_af6efbbf-4e32-49a7-abaa-4e3e7d91fdee\"><tr><td></td><td class=\"t m1 x333 h1b y34d1 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34d2 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d3 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal </td><td class=\"t m1 xb16 h11 y34d4 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34d5 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL </td><td class=\"t m1 x1e1 h11 y34d6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34d7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34d8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34da ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34db ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34dc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34dd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34e0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34e1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34e2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ea w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb44 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb45 y31ea w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb46 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb47 y31ea w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb48 y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y31eb w5e2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb49 y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4a y31eb wad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4b y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4c y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4d y31ec w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4e y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4f y31ec w5e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb50 y31ec w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb52 y31ec wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb53 y328d w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>647<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb54 y328d w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb55 y328d w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb56 y328d wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb57 y328d w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb58 y328d w5e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb59 y31c8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5a y31c8 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5b y31c8 w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5c y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5d y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5e y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5f y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb60 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb61 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb62 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb63 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb64 y31cb w5e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb65 y31cb w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb66 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>076<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb67 y31cb w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb68 y31cb w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb69 y31cb w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6a y31cc w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6b y31cc w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6c y31cc w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6d y31cc we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6e y31cc w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6f y31cc w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal net amount<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb70 y312a w289 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb71 y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb72 y312a w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,045<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb73 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb74 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y312a w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for the above se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e annu<span class=\"_ _0\"></span>al pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5e7 h15a\" id=\"_b20114f0-5b8b-460c-b910-bde7d518b78c\"><tr><td></td><td class=\"t m1 x333 h1b y34e3 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34e4 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34e5 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34e6 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34e7 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34e8 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34eb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb75 y328d w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb76 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb77 y328d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb78 y328d we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7a y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31c8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb81 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb82 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb83 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb84 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb85 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb86 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb87 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb89 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8b y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8d y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8e y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb90 y312a w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb91 y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb92 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb93 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb94 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr></table>Amortised cost<span class=\"_ _3ad\"> </span>Shareholder<span class=\"_ _3ad\"> </span><table class=\"s w5ec h17e\" id=\"_4844dd69-1ebc-41b0-b6f7-2ea9362ba570\"><tr><td></td><td class=\"t m1 x333 h1b y34f5 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34f6 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34f7 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34f8 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34f9 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34fa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34fb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34fc ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34fd ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34fe ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ff ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3500 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3501 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3502 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3503 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3504 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3505 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3506 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb95 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb96 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb97 y31ed w5ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb98 y31ed w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb99 y31ed w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31ed wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31ee w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31ee w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9b y324c w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9c y324c w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9d y324c w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9f y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba0 y31cb w5ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba1 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba5 y31cc w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba6 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba7 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba9 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaa y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbab y312a wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbac y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbad y312a w5ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbae y312a w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaf y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbb0 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td></tr></table>Of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t and has th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basis<span class=\"_ _0\"></span>, or to realis<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y simu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has not e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into any fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>mas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r net<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> lin<span class=\"_ _0\"></span>ked ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs are no<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w2db h17f\" id=\"_8ee7005a-fde4-4516-ba1a-7d3247f9d0a1\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b1 h1b y3507 ff11a fs2 fc0 sc0 ls35 ws42\">Amounts subject to<span class=\"_ _c\"></span> e<span class=\"_ _0\"></span>nforceable<span class=\"_ _3\"></span> netting arrangements<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h1b y3508 ff11a fs2 fc0 sc0 ls35 ws42\" colspan=\"2\">Amounts under master<span class=\"_ _3\"></span> netting arrangements</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h1b y3509 ff11a fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t no<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h1b y350a ff11a fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h1b y350b ff11a fs2 fc0 sc0 ls172 ws18f\">net am<span class=\"_ _3\"></span>ounts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h1b y350c ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h1b y350d ff11a fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y350e ff11a fs2 fc0 sc0 ls37 ws44\">Relate<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h1b y350f ff11a fs2 fc0 sc0 ls3a ws46\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h1b y3510 ff11a fs2 fc0 sc0 ls114 wsa1\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h1b y3511 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h1b y3512 ff11a fs2 fc0 sc0 ls132 ws12c\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 h1b y3512 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h1b y3512 ff11a fs2 fc0 sc0 ls172 ws18f\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h1b y3513 ff11a fs2 fc0 sc0 ls114 wsa1\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb7 h1b y3514 ff11a fs2 fc0 sc0 ls35 ws42\">instruments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb8 h1b y3515 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h1b y3516 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3518 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbba y322d w5f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">38<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbb y322d w5f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbc y322d w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbd y322d w3b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(57<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbe y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbf y3282 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc0 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc1 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc2 y3282 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc3 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc4 y324c w5f3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>61<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc5 y324c w5f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc6 y324c w5f4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls129 ws13a\">(7<span class=\"_ _0\"></span>90)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc7 y324c w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc8 y324c w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc9 y31f7 w5f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbca y31f7 w436 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcb y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcc y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcd y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbce y31f8 w5f7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcf y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd0 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd1 y31f8 w5f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>,456<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd3 y312a w5f5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(42<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd4 y312a w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd5 y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd6 y312a w5f9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">4,<span class=\"_ _0\"></span>398<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd7 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h180\" id=\"_67fbfb5e-d052-4970-8136-dd1df4c34820\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b9 h11 y3519 ff11c fs2 fc0 sc0 ls4 ws3\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to e<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h11 y351a ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h11 y351b ff11c fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t n<span class=\"_ _0\"></span>ot of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h11 y351c ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h11 y351d ff11c fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h11 y351e ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h11 y351f ff11c fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbd8 h11 y3520 ff11f fs2 fc0 sc0 ls14b ws167\">Rela<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h11 y3521 ff11f fs2 fc0 sc0 ls113 ws122\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h11 y3522 ff11c fs2 fc0 sc0 ls10b ws59\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h11 y3523 ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h11 y3524 ff11f fs2 fc0 sc0 ls63 ws6f\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c4 h11 y3524 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h11 y3524 ff11c fs2 fc0 sc0 ls170 ws161\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h11 y3525 ff11f fs2 fc0 sc0 ls34 ws41\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"c xbda y3527 w5fa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls39 ws1c\">instrume<span class=\"_ _0\"></span>nts</div><div class=\"t m1 xbd9 hc2 y3526 ff11c fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5e3 h11 y3528 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h11 y3529 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y352b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdb y31ed w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdc y31ed w5fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdd y31ed w16e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbde y31ed w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdf y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe0 y31ee w5fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>07<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe1 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe2 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe3 y31ee w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe5 y31ef w5fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe6 y31ef w5ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe7 y31ef w17c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe8 y31ef w600 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1,12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe9 y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbea y31cb w601 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbeb y31cb w602 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbec y31cb w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbed y31cb w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">2,894<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbee y31cc w604 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbef y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf1 y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">837<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf2 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf3 y312a w605 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf4 y312a w606 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf5 y312a w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf6 y312a w607 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">3,<span class=\"_ _0\"></span>731<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf7 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table>2<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as t<span class=\"_ _0\"></span>he I<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>DA M<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r Ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d be of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d </span>ne<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Ca<span class=\"_ _0\"></span>sh a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld m<span class=\"_ _0\"></span>ay exc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>et l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>In the ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es above<span class=\"_ _0\"></span>, the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t fir<span class=\"_ _0\"></span>st by fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> have the rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r maste<span class=\"_ _0\"></span>r ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng or simi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h any rema<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-757": {
   "value": "<div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls82 ws95 gs623\">Impairment </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs624\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws a <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>e allo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at F<span class=\"_ _0\"></span>VOC<span class=\"_ _0\"></span>I and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs625\">am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>any lo<span class=\"_ _0\"></span>ss allo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts sp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t by stag<span class=\"_ _0\"></span>e. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs626\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p did not have any pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d or ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pai<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: no pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed or or<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs627\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s). <span class=\"_ _c\"></span>O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d cos<span class=\"_ _0\"></span>t are pre<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ntl<span class=\"_ _0\"></span>y unr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es wit<span class=\"_ _0\"></span>h an imma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>ce (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs628\">im<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial los<span class=\"_ _0\"></span>s allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls118 ws132 gs629\">F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls3a ws46 gs62a\">Shareholder<span class=\"_ _3ad\"> </span></div><div class=\"gs62b\"><table class=\"s w5d3 h17c\" id=\"_31c8e0da-4593-4d3c-b19d-cb1dd1c178ba\"><tr><td></td><td class=\"t m1 x333 h1b y34bf ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34c0 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c1 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34c2 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34c3 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34c4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34c5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34c6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34c7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34c8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34c9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ca ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34cb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34cc ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34cd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34cf ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34d0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31eb w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb17 y31eb w5d5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb18 y31eb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4b y31eb w313 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsb3 wsbe\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb19 y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1a y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1b y31eb wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1c y31ec w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1d y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1e y31ec we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb20 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb21 y31ec w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb22 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb23 y328d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb24 y328d w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb25 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y328d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y328d w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb28 y31c8 wf5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb29 y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2a y31c8 w114 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2b y31c8 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2d y31c8 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2e y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2f y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb30 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb31 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb32 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb33 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb34 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb35 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb36 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb37 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb38 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb39 y31cc w5df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3b y31cc w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">2,022<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3c y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3d y31cc w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">479<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3e y312a w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3f y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb40 y312a w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb41 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb42 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb43 y312a w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls114 wsa1 gs62c\">Amortised cost<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls3a ws46 gs62d\">Shareholder<span class=\"_ _3ad\"> </span></div><div class=\"gs62e\"><table class=\"s w5e1 h17d\" id=\"_af6efbbf-4e32-49a7-abaa-4e3e7d91fdee\"><tr><td></td><td class=\"t m1 x333 h1b y34d1 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34d2 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d3 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal </td><td class=\"t m1 xb16 h11 y34d4 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34d5 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL </td><td class=\"t m1 x1e1 h11 y34d6 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34d7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34d8 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34d9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34da ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34db ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34dc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34dd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34e0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34e1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34e2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ea w5d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AAA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb44 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb45 y31ea w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb46 y31ea w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">253<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ed y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb47 y31ea w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb48 y31ea w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">271<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w5d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls187 ws1a8\">AA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x56d y31eb w5e2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb49 y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4a y31eb wad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4b y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y31eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4c y31eb w5be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">5<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w5d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4 ws3\">A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4d y31ec w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4e y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4f y31ec w5e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>478<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb50 y31ec w5bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb52 y31ec wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w5db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">BBB<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb53 y328d w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">3,<span class=\"_ _0\"></span>647<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb54 y328d w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb55 y328d w59c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb56 y328d wda h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb57 y328d w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb58 y328d w5e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">BB an<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb59 y31c8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5a y31c8 wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5b y31c8 w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5c y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5d y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5e y31c8 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">27<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5f y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb60 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x611 y324c w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb61 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb62 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb63 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal gross<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb64 y31cb w5e5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>3<span class=\"_ _b\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb65 y31cb w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb66 y31cb w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>076<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb67 y31cb w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb68 y31cb w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">115<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb69 y31cb w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls4e ws5a\">ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6a y31cc w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6b y31cc w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6c y31cc w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6d y31cc we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6e y31cc w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6f y31cc w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w5e6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal net amount<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb70 y312a w289 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb71 y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb72 y312a w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,045<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb73 y312a w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb74 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x549 y312a w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">7<span class=\"_ _c\"></span>,846<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs62f\">Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g tab<span class=\"_ _0\"></span>le exp<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ns the ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the loss all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for the above se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the be<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>nni<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e annu<span class=\"_ _0\"></span>al pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls118 ws132 gs630\">F<span class=\"_ _0\"></span>VOCI<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls3a ws46 gs631\">Shareholder<span class=\"_ _3ad\"> </span></div><div class=\"gs632\"><table class=\"s w5e7 h15a\" id=\"_b20114f0-5b8b-460c-b910-bde7d518b78c\"><tr><td></td><td class=\"t m1 x333 h1b y34e3 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34e4 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34e5 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34e6 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34e7 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34e8 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34e9 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34eb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34ec ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ed ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y34ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y34f0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y34f1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y34f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y34f3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y34f4 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb75 y328d w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb76 y328d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb77 y328d w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb78 y328d we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7a y328d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31c8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb81 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb82 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb83 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb84 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb85 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb86 y31cb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb87 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb89 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8b y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8d y31cc w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8e y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb90 y312a w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb91 y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb92 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb93 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb94 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls114 wsa1 gs633\">Amortised cost<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls3a ws46 gs634\">Shareholder<span class=\"_ _3ad\"> </span></div><div class=\"gs635\"><table class=\"s w5ec h17e\" id=\"_4844dd69-1ebc-41b0-b6f7-2ea9362ba570\"><tr><td></td><td class=\"t m1 x333 h1b y34f5 ff11a fs2 fc0 sc0 ls34 ws41\">1<span class=\"_ _3\"></span>2-month<span class=\"_ _3\"></span> ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y34f6 ff11a fs2 fc0 sc0 ls132 ws12c\">Lifetime ECL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34f7 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb16 h11 y34f8 ff11c fs2 fc0 sc0 ls4 ws3\">12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h EC<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y34f9 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me E<span class=\"_ _0\"></span>CL<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y34fa ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y34fb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y34fc ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y34fd ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y34fe ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y34ff ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3500 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3501 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3502 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3503 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3504 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3505 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3506 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb95 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb96 y31ed w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb97 y31ed w5ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb98 y31ed w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb99 y31ed w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31ed wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>w asse<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted or p<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7b y31ee w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7c y31ee w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7d y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w5e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d or mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9b y324c w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9c y324c w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9d y324c w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab2 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9f y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 12-<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h ECL an<span class=\"_ _0\"></span>d Life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e ECL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba0 y31cb w5ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba1 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba3 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba4 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">Remeasureme<span class=\"_ _0\"></span>nts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba5 y31cc w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba6 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba7 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba9 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaa y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbab y312a wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbac y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbad y312a w5ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbae y312a w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaf y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbb0 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-758": {
   "value": "<div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs637\">Of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs638\">Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has a <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y enfor<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t and has th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs639\">in<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y on a <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>t basis<span class=\"_ _0\"></span>, or to realis<span class=\"_ _0\"></span>e the asse<span class=\"_ _0\"></span>t and lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y simu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ly.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs63a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has not e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into any fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs63b\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es tha<span class=\"_ _0\"></span>t are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>mas<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r net<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs63c\">lin<span class=\"_ _0\"></span>ked ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es have not be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs are no<span class=\"_ _0\"></span>t expo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e risk<span class=\"_ _0\"></span>s on thes<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs63d\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs63e\"><table class=\"s w2db h17f\" id=\"_8ee7005a-fde4-4516-ba1a-7d3247f9d0a1\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b1 h1b y3507 ff11a fs2 fc0 sc0 ls35 ws42\">Amounts subject to<span class=\"_ _c\"></span> e<span class=\"_ _0\"></span>nforceable<span class=\"_ _3\"></span> netting arrangements<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h1b y3508 ff11a fs2 fc0 sc0 ls35 ws42\" colspan=\"2\">Amounts under master<span class=\"_ _3\"></span> netting arrangements</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h1b y3509 ff11a fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t no<span class=\"_ _0\"></span>t of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h1b y350a ff11a fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h1b y350b ff11a fs2 fc0 sc0 ls172 ws18f\">net am<span class=\"_ _3\"></span>ounts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h1b y350c ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h1b y350d ff11a fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98e h1b y350e ff11a fs2 fc0 sc0 ls37 ws44\">Relate<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h1b y350f ff11a fs2 fc0 sc0 ls3a ws46\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h1b y3510 ff11a fs2 fc0 sc0 ls114 wsa1\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h1b y3511 ff11e fs2 fc0 sc0 ls114 wsa1\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h1b y3512 ff11a fs2 fc0 sc0 ls132 ws12c\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x433 h1b y3512 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h1b y3512 ff11a fs2 fc0 sc0 ls172 ws18f\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h1b y3513 ff11a fs2 fc0 sc0 ls114 wsa1\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb7 h1b y3514 ff11a fs2 fc0 sc0 ls35 ws42\">instruments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb8 h1b y3515 ff11a fs2 fc0 sc0 ls114 wsa1\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h1b y3515 ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h1b y3516 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h1b y3517 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y3518 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbba y322d w5f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">38<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbb y322d w5f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbc y322d w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbd y322d w3b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(57<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbe y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbf y3282 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc0 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc1 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc2 y3282 w288 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc3 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc4 y324c w5f3 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>61<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc5 y324c w5f1 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc6 y324c w5f4 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls129 ws13a\">(7<span class=\"_ _0\"></span>90)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc7 y324c w4e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc8 y324c w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbc9 y31f7 w5f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbca y31f7 w436 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcb y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcc y31f7 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcd y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbce y31f8 w5f7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbcf y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd0 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd1 y31f8 w5f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">2<span class=\"_ _0\"></span>,456<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd3 y312a w5f5 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(42<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd4 y312a w436 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,1<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd5 y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd6 y312a w5f9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">4,<span class=\"_ _0\"></span>398<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd7 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h9d ff11a fs27 fc0 sc0 ls4 ws3 gs63f\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h9d ff11a fs27 fc0 sc0 ls4 ws3 gs640\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h9d ff11a fs27 fc0 sc0 ls4 ws3 gs641\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs642\">As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div><div class=\"gs643\"><table class=\"s w2e5 h180\" id=\"_67fbfb5e-d052-4970-8136-dd1df4c34820\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b9 h11 y3519 ff11c fs2 fc0 sc0 ls4 ws3\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to e<span class=\"_ _0\"></span>nf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xa74 h11 y351a ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s</td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xbb1 h11 y351b ff11c fs2 fc0 sc0 ls4 ws3\"> bu<span class=\"_ _0\"></span>t n<span class=\"_ _0\"></span>ot of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb2 h11 y351c ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xa73 h11 y351d ff11c fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts </td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xbb3 h11 y351e ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x3fb h11 y351f ff11c fs2 fc0 sc0 ls39 ws1c\">Consolidated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbd8 h11 y3520 ff11f fs2 fc0 sc0 ls14b ws167\">Rela<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x432 h11 y3521 ff11f fs2 fc0 sc0 ls113 ws122\">Securities<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xbb4 h11 y3522 ff11c fs2 fc0 sc0 ls10b ws59\">Balance<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb5 h11 y3523 ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x457 h11 y3524 ff11f fs2 fc0 sc0 ls63 ws6f\">Cash<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c4 h11 y3524 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h11 y3524 ff11c fs2 fc0 sc0 ls170 ws161\">Net<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2aa h11 y3525 ff11f fs2 fc0 sc0 ls34 ws41\">Sheet<span class=\"_ _3ad\"> </span></td><td class=\"c xbda y3527 w5fa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls39 ws1c\">instrume<span class=\"_ _0\"></span>nts</div><div class=\"t m1 xbd9 hc2 y3526 ff11c fs27 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x5e3 h11 y3528 ff11f fs2 fc0 sc0 ls149 ws6c\">collateral<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb9 h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">pledged<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x46b h11 y3528 ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x406 h11 y3529 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x408 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y352a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y352b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w413 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">Derivative<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdb y31ed w4ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">41,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdc y31ed w5fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdd y31ed w16e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbde y31ed w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbdf y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w5f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Reverse r<span class=\"_ _3\"></span>epu<span class=\"_ _0\"></span>rchase agreements<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe0 y31ee w5fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>07<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe1 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe2 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe3 y31ee w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe5 y31ef w5fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,050<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe6 y31ef w5ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">(40,<span class=\"_ _3\"></span>999<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe7 y31ef w17c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(92<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe8 y31ef w600 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1,12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe9 y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbea y31cb w601 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbeb y31cb w602 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbec y31cb w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbed y31cb w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">2,894<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbee y31cc w604 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbef y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf1 y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">837<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf2 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf3 y312a w605 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf4 y312a w606 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">40,999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf5 y312a w603 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf6 y312a w607 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">3,<span class=\"_ _0\"></span>731<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbf7 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff11c fs27 fc0 sc0 ls4 ws3 gs644\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff11c fs27 fc0 sc0 ls4 ws3 gs645\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs646\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h as t<span class=\"_ _0\"></span>he I<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>DA M<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r Ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d be of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs647\">ne<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs648\">2. <span class=\"_ _19\"> </span>Ca<span class=\"_ _0\"></span>sh a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld m<span class=\"_ _0\"></span>ay exc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>et l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>s du<span class=\"_ _0\"></span>e to th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs649\">In the ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es above<span class=\"_ _0\"></span>, the am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t are of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t fir<span class=\"_ _0\"></span>st by fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs64a\">have the rig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r maste<span class=\"_ _0\"></span>r ne<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng or simi<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h any rema<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ing am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> </div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOffsettingOfFinancialAssetsAndFinancialLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-701": {
   "value": "1<span class=\"_ _c\"></span>7 I<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk as a cons<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of offe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pal pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts ou<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in Note 6. Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e risk is the exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure to los<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bei<span class=\"_ _0\"></span>ng dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt to that an<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. De<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low are th<span class=\"_ _0\"></span>e insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>ks asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d with eac<span class=\"_ _0\"></span>h of the Gro<span class=\"_ _0\"></span>up\u2019s se<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts alo<span class=\"_ _0\"></span>ng wi<span class=\"_ _0\"></span>th the mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>ls ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d. Th<span class=\"_ _0\"></span>ey are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to all state<span class=\"_ _0\"></span>d pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p.<span class=\"_ _3ad\"> </span>Principal ri<span class=\"_ _3\"></span>sks<span class=\"_ _2d8\"> </span><span class=\"ls39 ws1c\">Division<span class=\"_ _bd\"> </span>Cont<span class=\"_ _0\"></span>rols to mitigate<span class=\"_ _3\"></span> risks<span class=\"_ _3ad\"> </span></span>Longevity,<span class=\"_ _3\"></span> mortalit<span class=\"_ _0\"></span>y &amp; m<span class=\"_ _3\"></span>orbidity risks Fo<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g dea<span class=\"_ _0\"></span>th be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s, hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes wo<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d lea<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>an in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in<span class=\"_ _0\"></span> cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st of he<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>th re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span> de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ds on bo<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e of poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ill and th<span class=\"_ _0\"></span>e du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n over wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>ey re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in ill<span class=\"_ _0\"></span>. Hig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>an exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e or du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on wou<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts ove<span class=\"_ _0\"></span>r the leve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span> cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ly ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d in the ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g of prote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss is bas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as to futu<span class=\"_ _0\"></span>re tr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds in mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </span>an<span class=\"_ _0\"></span>d mor<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reg<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d to past ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e. U<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia are de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> ou<span class=\"_ _0\"></span>t the ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>s that ar<span class=\"_ _0\"></span>e una<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le an<span class=\"_ _0\"></span>d the te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>s for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d ris<span class=\"_ _0\"></span>ks pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by the li<span class=\"_ _0\"></span>ves to be ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive us<span class=\"_ _0\"></span>e of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is mad<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n the U<span class=\"_ _0\"></span>K ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, pla<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>n of all ris<span class=\"_ _0\"></span>ks me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g pre<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a. Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ed to tha<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g basi<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h vari<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. Fo<span class=\"_ _0\"></span>r ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k that mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is lowe<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d. Low<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>an ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y woul<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to be made fo<span class=\"_ _0\"></span>r lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se the c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d. Li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span> mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s als<span class=\"_ _0\"></span>o expl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y has som<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re to the lif<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy of bor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _93\"> </span>A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ed hav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reg<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rd to tre<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s in imp<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. En<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of impa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to life ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y, ar<span class=\"_ _0\"></span>e sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c und<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cri<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a. C<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p reg<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y revi<span class=\"_ _0\"></span>ews i<span class=\"_ _0\"></span>ts mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and in<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns of lon<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts the p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ly. In pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t is take<span class=\"_ _0\"></span>n of tren<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span> in mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes in se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t are adv<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d to bor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>rs re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the val<span class=\"_ _0\"></span>ue of the p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y on wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the lo<span class=\"_ _0\"></span>an is se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Persistency risk<span class=\"_ _3ad\"> </span>In th<span class=\"_ _0\"></span>e ear<span class=\"_ _0\"></span>ly yea<span class=\"_ _0\"></span>rs of a pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y, laps<span class=\"_ _0\"></span>es may re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span> in a loss to th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>, as the ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t wou<span class=\"_ _0\"></span>ld no<span class=\"_ _0\"></span>t have be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m pro<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g and val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns fo<span class=\"_ _0\"></span>r pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n for pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y </span>lap<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s. Ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual tr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ds in po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy la<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>e rate<span class=\"_ _0\"></span>s are mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d aga<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>st th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es b<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Expe<span class=\"_ _0\"></span>nse risk<span class=\"_ _3ad\"> </span>In pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e mad<span class=\"_ _0\"></span>e as to the fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> of pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>. A sign<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t ad<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> di<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce in ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d red<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>LGR<span class=\"_ _0\"></span>I an<span class=\"_ _0\"></span>d Ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l<span class=\"_ _93\"> </span>In de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t is take<span class=\"_ _0\"></span>n of exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e and wag<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss tes<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng us<span class=\"_ _0\"></span>ed to eva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt d<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cos<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e mon<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve to the cos<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g basi<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> with <span class=\"_ _3\"></span>variances <span class=\"_ _3\"></span>investigated. Concentration<span class=\"_ _3\"></span> (<span class=\"_ _3\"></span>catastrophe<span class=\"_ _3\"></span>) risk<span class=\"_ _3ad\"> </span>Insurance <span class=\"_ _3\"></span>risk <span class=\"_ _c\"></span>may <span class=\"_ _3\"></span>be concentrat<span class=\"_ _3\"></span>ed in<span class=\"_ _c\"></span> geographic re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, al<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p. Th<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>st si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e of this t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>e ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s for<span class=\"_ _0\"></span> gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re a sin<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>e even<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in a larg<span class=\"_ _0\"></span>e num<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er of re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e an \u2018even<span class=\"_ _0\"></span>t lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019 cap<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e tota<span class=\"_ _0\"></span>l lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </span>th<span class=\"_ _0\"></span>e pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y fro<span class=\"_ _0\"></span>m a <span class=\"_ _3\"></span>si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>le eve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. E<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of loss re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s los<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m the<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re. Ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly, exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e by loc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n is mon<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to ens<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>re is a geo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span> sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad of ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. Cat<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>he re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cov<span class=\"_ _0\"></span>er al<span class=\"_ _0\"></span>so mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> of ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Epidemic (<span class=\"_ _3\"></span>catas<span class=\"_ _0\"></span>trophe) risk<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d of an epi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d cau<span class=\"_ _0\"></span>se lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span> ag<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>ate c<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ms ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s por<span class=\"_ _6\"></span>tfo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o of pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Retail<span class=\"_ _ec\"> </span><span class=\"ff11c lsd ws15\">Th<span class=\"_ _0\"></span>e pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g basi<span class=\"_ _0\"></span>s for pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es an ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s as a </span>res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of epi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ic ri<span class=\"_ _0\"></span>sks<span class=\"_ _0\"></span>. Qu<span class=\"_ _0\"></span>ota s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>e and exc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s of los<span class=\"_ _0\"></span>s rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e use<span class=\"_ _0\"></span>d by in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y, to <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r mit<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. Dep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on the<span class=\"_ _0\"></span> na<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re of an epi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>, mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may le<span class=\"_ _0\"></span>ad to a red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in th<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t of cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s for an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s. Pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g for new b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s can als<span class=\"_ _0\"></span>o be up<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in expected claim<span class=\"_ _3\"></span>s. Acc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of risks<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is limi<span class=\"_ _0\"></span>ted po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l for sing<span class=\"_ _0\"></span>le in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>gi<span class=\"_ _0\"></span>ve rise to a <span class=\"_ _3\"></span>la<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of claim<span class=\"_ _0\"></span>s acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>es wr<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n by the Gro<span class=\"_ _0\"></span>up.<span class=\"_ _0\"></span> Howe<span class=\"_ _0\"></span>ver, ther<span class=\"_ _0\"></span>e are pote<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tial<span class=\"_ _0\"></span>ly ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e risk wi<span class=\"_ _0\"></span>th oth<span class=\"_ _0\"></span>er t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk exp<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l mode<span class=\"_ _0\"></span>l see<span class=\"_ _0\"></span>ks to meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span> ris<span class=\"_ _0\"></span>k cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ly tho<span class=\"_ _0\"></span>se tha<span class=\"_ _0\"></span>t woul<span class=\"_ _0\"></span>d tend to be more ac<span class=\"_ _0\"></span>ute as the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing ri<span class=\"_ _0\"></span>sk sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>os be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e more ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me. A<span class=\"_ _0\"></span>n examp<span class=\"_ _0\"></span>le of the<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk is the co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ris<span class=\"_ _0\"></span>k with mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l risk<span class=\"_ _3ad\"> </span>Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ris<span class=\"_ _0\"></span>k is defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d as loss ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m inad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ate or fail<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, peo<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e, sys<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ms or ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rna<span class=\"_ _0\"></span>l even<span class=\"_ _0\"></span>ts. Po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l for expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> to suc<span class=\"_ _0\"></span>h risk ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>all of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>usi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d a fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk of inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>ise ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ial lo<span class=\"_ _0\"></span>ss fro<span class=\"_ _0\"></span>m op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k even<span class=\"_ _0\"></span>ts rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng tha<span class=\"_ _0\"></span>t no syste<span class=\"_ _0\"></span>m of inter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l can co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ly el<span class=\"_ _0\"></span>imi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te the ris<span class=\"_ _0\"></span>k of <span class=\"_ _3\"></span>er<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al los<span class=\"_ _0\"></span>s, fr<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>dul<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or reput<span class=\"_ _0\"></span>ational damage.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInsuranceRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-644": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls41 ws4d gs698\">1<span class=\"_ _c\"></span>8 Long-term insurance<span class=\"_ _3\"></span> valuation<span class=\"_ _3\"></span> assumptions<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs699\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s, de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d bel<span class=\"_ _0\"></span>ow, rela<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e UK ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce (b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s and pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on) busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss and ma<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l line<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs69a\">US in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e (bo<span class=\"_ _0\"></span>th ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>U<span class=\"_ _0\"></span>K bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses do no<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>te a mate<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l com<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs69b\">an<span class=\"_ _0\"></span>d cons<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion of ge<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>phi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns is the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re no<span class=\"_ _0\"></span>t incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs69c\">For th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of prod<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _3\"></span>7 bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up se<span class=\"_ _0\"></span>eks to make bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s abou<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs69d\">on cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and rec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs69e\">31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22 ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns have bee<span class=\"_ _0\"></span>n reb<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d to those use<span class=\"_ _0\"></span>d for the pr<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7 co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ves an<span class=\"_ _0\"></span>d hen<span class=\"_ _0\"></span>ce dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fro<span class=\"_ _0\"></span>m the IFR<span class=\"_ _0\"></span>S 4 </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs69f\">ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s pub<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d in the 20<span class=\"_ _0\"></span>22 A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ual re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls70 ws7b gs6a0\">(i) Mortality and morbidity<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a1\">Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s for the UK bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s are set wi<span class=\"_ _0\"></span>th refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to stan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s draw<span class=\"_ _0\"></span>n up by the Con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>uo<span class=\"_ _0\"></span>us Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a2\">Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Bur<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>u (<span class=\"_ _3\"></span>CM<span class=\"_ _0\"></span>I), a sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y of the Inst<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ute an<span class=\"_ _0\"></span>d Facu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>y of Act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and<span class=\"_ _0\"></span>/<span class=\"_ _3\"></span>or U<span class=\"_ _0\"></span>K deat<span class=\"_ _0\"></span>h reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. US assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>ons ar<span class=\"_ _0\"></span>e set wi<span class=\"_ _0\"></span>th </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a3\">refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to stan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s draw<span class=\"_ _0\"></span>n up by the Ame<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>an Aca<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>my of Actu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s. T<span class=\"_ _c\"></span>ab<span class=\"_ _0\"></span>les ar<span class=\"_ _0\"></span>e base<span class=\"_ _0\"></span>d on indu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ide mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a4\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed live<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a5\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s sta<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>al inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of its mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of whic<span class=\"_ _0\"></span>h are ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d ou<span class=\"_ _0\"></span>t at leas<span class=\"_ _0\"></span>t annu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a6\">Inve<span class=\"_ _0\"></span>sti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ine th<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t to whic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up\u2019s exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rs fro<span class=\"_ _0\"></span>m that un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pin<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng the s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d sug<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>st ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a7\">adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h nee<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be ma<span class=\"_ _0\"></span>de to the valua<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. In par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>r, the rec<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce ob<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d as <span class=\"_ _3\"></span>a res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>ovid<span class=\"_ _6\"></span>-1<span class=\"_ _c\"></span>9 </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a8\">an<span class=\"_ _0\"></span>d indu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y st<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ies on it<span class=\"_ _0\"></span>s pote<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts have be<span class=\"_ _0\"></span>en use<span class=\"_ _0\"></span>d to deri<span class=\"_ _0\"></span>ve app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6a9\">In mos<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes are se<span class=\"_ _0\"></span>t sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly for ge<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er an<span class=\"_ _0\"></span>d smo<span class=\"_ _0\"></span>ker st<span class=\"_ _0\"></span>atu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, and the pe<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge of mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e will var<span class=\"_ _0\"></span>y for th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t 2 \u2013 <span class=\"_ _c\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6aa\">of the pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s dura<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>low for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g sel<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"gs6ab\"><table class=\"s w608 h181\" id=\"_c5d89eeb-837c-4030-ba5e-4215c5a4d308\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x224 h11 y352c ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y352d w609 h13b\"><div class=\"t m1 x1e4 h1b y31fd ff123 fs2 fc0 sc0 ls103 ws110\">Mort<span class=\"_ _0\"></span>ality tables<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xbf8 y352d w28e h13b\"><div class=\"t m1 x1e4 h1b y31fd ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"t m1 x226 h11 y352e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y352f ff11a fs6 fc0 sc0 ls2b ws8d\">Non-link<span class=\"_ _3\"></span>ed individual<span class=\"_ _c\"></span> assurance business<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x431 ha y3530 ff11c fs6 fc0 sc0 lsd ws15\">UK te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n xbf9 y3531 w60a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws20\">90% TM08/TF08<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xbfa y3531 w60b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">9<span class=\"_ _0\"></span>0% \u2013 92<span class=\"_ _0\"></span>% TM<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F0<span class=\"_ _0\"></span>8 Se<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y3532 ff11c fs6 fc0 sc0 lsd ws15\">UK te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nal il<span class=\"_ _0\"></span>ln<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n xbfb y3533 w60c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">7<span class=\"_ _3\"></span>4% \u2013 86% TM<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>/<span class=\"_ _0\"></span>TF<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8 Se<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xbfc y3533 w60d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">58<span class=\"_ _0\"></span>% \u2013 86% <span class=\"_ _3\"></span>TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _6\"></span>TF<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8 Se<span class=\"_ _0\"></span>l 5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y3534 ff11c fs6 fc0 sc0 lsd ws15\">UK te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h cri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l ill<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n xbfd y3535 w60e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">91<span class=\"_ _3\"></span>% \u2013 135% ACL<span class=\"_ _0\"></span>08 S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l 2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xbfe y3535 w60f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>9% \u2013 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>% ACL0<span class=\"_ _0\"></span>8 S<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y3536 ff11c fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n xbfd y3537 w610 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>OA 2014 VB<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xbff y3537 w611 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d SO<span class=\"_ _0\"></span>A 2014 <span class=\"_ _3\"></span>V<span class=\"_ _0\"></span>BT<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y3538 ff11c fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pl<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 xc00 he y3539 ff11a fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke Table<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F0<span class=\"_ _0\"></span>8 an<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K </td><td></td><td class=\"t m1 xbb1 ha y3539 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d on TM<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8/<span class=\"_ _6\"></span>TF<span class=\"_ _0\"></span>08 an<span class=\"_ _0\"></span>d UK<span class=\"_ _0\"></span> </td></tr><tr><td></td><td></td><td class=\"t m1 xc01 he y353a ff11a fs6 fc0 sc0 ls4 wsd\">death registrations<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x451 ha y353a ff11c fs6 fc0 sc0 lse ws28\">death registrations<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x431 ha y353b ff11c fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life ove<span class=\"_ _0\"></span>r 50<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 xc02 he y353c ff11a fs6 fc0 sc0 lsd ws3\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke Table<span class=\"_ _0\"></span>s ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n ELT1<span class=\"_ _3\"></span>5 an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </td><td></td><td class=\"t m1 x2b4 ha y353c ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>oke T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s base<span class=\"_ _0\"></span>d on ELT1<span class=\"_ _3\"></span>5 and<span class=\"_ _0\"></span> </td></tr><tr><td></td><td></td><td class=\"t m1 xc03 he y353d ff11a fs6 fc0 sc0 lsd ws3\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of L<span class=\"_ _0\"></span>ife P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>an a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 xc04 ha y353d ff11c fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life Pr<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pl<span class=\"_ _0\"></span>an ass<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y353e ff11a fs6 fc0 sc0 ls22 ws26\">Annuity business<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x431 ha y353f ff11c fs6 fc0 sc0 lsd ws15\">UK A<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es in de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></td><td></td><td class=\"c n xc05 y31ee w612 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe ws143\">95.6<span class=\"_ _3\"></span>% \u2013 95<span class=\"_ _3\"></span>.3% PMA<span class=\"_ _c\"></span>16_<span class=\"_ _0\"></span>PBO/PFA<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>6<span class=\"_ _0\"></span>_<span class=\"_ _0\"></span>PBO<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xc06 y31ee w613 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">75<span class=\"_ _0\"></span>.7% \u2013 85.6% PN<span class=\"_ _0\"></span>MA<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>PN<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y3540 ff11c fs6 fc0 sc0 lsd ws15\">UK Ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4da y3225 w614 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ris<span class=\"_ _0\"></span>k tra<span class=\"_ _0\"></span>nsf<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xc07 y3225 w615 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe ws143\">95.6<span class=\"_ _3\"></span>% \u2013 95<span class=\"_ _3\"></span>.3% PMA<span class=\"_ _c\"></span>16_<span class=\"_ _0\"></span>PBO/PFA<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>6<span class=\"_ _0\"></span>_<span class=\"_ _0\"></span>PBO<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xc08 y3225 w616 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">75.7% \u2013 85.6% PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y3277 w617 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xc09 y3277 w618 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe ws143\">79.<span class=\"_ _3\"></span>0% \u2013 1<span class=\"_ _c\"></span>31<span class=\"_ _3\"></span>.6%<span class=\"_ _3\"></span> PMA<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>6<span class=\"_ _0\"></span>_<span class=\"_ _0\"></span>PBO/PFA<span class=\"_ _c\"></span>1<span class=\"_ _c\"></span>6<span class=\"_ _0\"></span>_<span class=\"_ _0\"></span>PBO<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xc0a y3277 w619 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">6<span class=\"_ _0\"></span>6.<span class=\"_ _0\"></span>4% \u2013 <span class=\"_ _3\"></span>105.5<span class=\"_ _0\"></span>% PC<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>A0<span class=\"_ _0\"></span>0/<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>FA00<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x431 ha y3541 ff11c fs6 fc0 sc0 lsd ws15\">US an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n xc0b y312a w61a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">RP-<span class=\"_ _3\"></span>201<span class=\"_ _c\"></span>4</div></td><td class=\"c n xc0c y312a w61b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Healthy Annuitant T<span class=\"_ _c\"></span>otal table<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc0d y312a w61c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">RP<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>014</div></td><td class=\"c n xc0e y312a w61d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Heal<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>y An<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l tab<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6ac\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6ad\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6ae\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6af\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6b0\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6b1\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6b2\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6b3\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs6b4\">7<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs6b5\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of 1.0% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: 1.0<span class=\"_ _0\"></span>% p.a<span class=\"_ _0\"></span>. fo<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6b6\">2. <span class=\"_ _19\"> </span>Mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e at a r<span class=\"_ _0\"></span>ate o<span class=\"_ _0\"></span>f 0.5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. fo<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>nd 0.75<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 0.5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. fo<span class=\"_ _0\"></span>r m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd 0<span class=\"_ _0\"></span>.75% p.<span class=\"_ _0\"></span>a. f<span class=\"_ _0\"></span>or fe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6b7\">3. <span class=\"_ _19\"> </span>Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r ge<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r, se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d, s<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>s, p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy s<span class=\"_ _0\"></span>ize<span class=\"_ _0\"></span>, p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d yea<span class=\"_ _0\"></span>r, is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r, ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d ca<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>r yea<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6b8\">4. <span class=\"_ _19\"> </span>Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d on C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>21 m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l wi<span class=\"_ _0\"></span>th a l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te of 1.75% fo<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d 1.25<span class=\"_ _0\"></span>% fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6b9\">as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to r<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>n CM<span class=\"_ _0\"></span>I 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0 mo<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h a lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate o<span class=\"_ _0\"></span>f 1.5% fo<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d 1.0% f<span class=\"_ _0\"></span>or fe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es). </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6ba\">5. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>ab<span class=\"_ _0\"></span>le f<span class=\"_ _0\"></span>or m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e is c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>y us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g PM<span class=\"_ _0\"></span>A1<span class=\"_ _3\"></span>6<span class=\"_ _0\"></span>_<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>O an<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>t is P<span class=\"_ _0\"></span>FA<span class=\"_ _3\"></span>16_<span class=\"_ _6\"></span>PB<span class=\"_ _0\"></span>O (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: P<span class=\"_ _0\"></span>CX<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 an<span class=\"_ _0\"></span>d PN<span class=\"_ _0\"></span>X<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0). T<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e us<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d for b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>th i<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te a<span class=\"_ _0\"></span>nd d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6bb\">6. <span class=\"_ _19\"> </span>Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o an a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>21 (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: C<span class=\"_ _0\"></span>MI 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>20) w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>llo<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>:<span class=\"ff11f\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6bc\">Ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of 1.75% p.a<span class=\"_ _0\"></span>. u<span class=\"_ _0\"></span>p to ag<span class=\"_ _0\"></span>e 85 t<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o 0% a<span class=\"_ _0\"></span>t 11<span class=\"_ _3\"></span>0 (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Ra<span class=\"_ _0\"></span>te of 1.5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>% p.a<span class=\"_ _0\"></span>. up t<span class=\"_ _0\"></span>o ag<span class=\"_ _0\"></span>e 85 t<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng to 0<span class=\"_ _0\"></span>% a<span class=\"_ _0\"></span>t 1<span class=\"_ _3\"></span>10).<span class=\"ff11f\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6bd\">Fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s: L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm R<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e of 1.25<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. u<span class=\"_ _0\"></span>p to a<span class=\"_ _0\"></span>ge 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to 0<span class=\"_ _0\"></span>% at 11<span class=\"_ _3\"></span>0 (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: Lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m Ra<span class=\"_ _0\"></span>te o<span class=\"_ _0\"></span>f 1.00<span class=\"_ _0\"></span>% p.<span class=\"_ _0\"></span>a. u<span class=\"_ _0\"></span>p to ag<span class=\"_ _0\"></span>e 8<span class=\"_ _0\"></span>5 ta<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g to 0% a<span class=\"_ _0\"></span>t 11<span class=\"_ _3\"></span>0).<span class=\"ff11f\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6be\">Sm<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a sm<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ter (S<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>) val<span class=\"_ _0\"></span>ue o<span class=\"_ _0\"></span>f 7<span class=\"_ _3\"></span>.5 ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d to L<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>al &amp; G<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ke p<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n da<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a to 20<span class=\"_ _0\"></span>21. Th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6bf\">ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: sm<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pa<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>er (S<span class=\"_ _0\"></span>k) v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue of 7.5 app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l be<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ke po<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on d<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>a to 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0).<span class=\"ff11f\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6c0\">Fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, a fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>owa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e is m<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of i<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n.<span class=\"ff11f\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6c1\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e fin<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, an o<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ay is a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>MI 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>1 ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>t by ze<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs fo<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0, 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>21 an<span class=\"_ _0\"></span>d 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2 fo<span class=\"_ _0\"></span>r ma<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d fem<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no z<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on).<span class=\"ff11f\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs6c2\">Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s ab<span class=\"_ _0\"></span>ove i<span class=\"_ _0\"></span>s ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e up t<span class=\"_ _0\"></span>o ag<span class=\"_ _0\"></span>e 90<span class=\"_ _0\"></span>. Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>ge 9<span class=\"_ _0\"></span>0 th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s is b<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d tow<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ds a b<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>oke t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m ag<span class=\"_ _0\"></span>e 105 o<span class=\"_ _0\"></span>nwa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls163 ws182 gs4e9\">7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">M<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng to a<span class=\"_ _0\"></span>n ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of th<span class=\"_ _0\"></span>e m<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t mo<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el C<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>I 20<span class=\"_ _0\"></span>21 (2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: M<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2018 fo<span class=\"_ _0\"></span>r fe<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d MP<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>019 for m<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>es).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs6c4\">(ii<span class=\"_ _0\"></span>) Valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tes of i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6c5\">Th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d to disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt the ca<span class=\"_ _0\"></span>sh flows for th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of valui<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s sho<span class=\"_ _0\"></span>uld re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the timi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6c6\">ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ris<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>cs of the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>sh flows an<span class=\"_ _0\"></span>d cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t marke<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d as inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6c7\">ra<span class=\"_ _0\"></span>te cur<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>h full ter<span class=\"_ _0\"></span>m str<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6c8\">In de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng the liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>um ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s for annu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, an expl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>it all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>ce for ri<span class=\"_ _0\"></span>sk is ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the yie<span class=\"_ _0\"></span>ld on the as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts bac<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6c9\">an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. The all<span class=\"_ _0\"></span>owan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e for risk co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s long<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d the mar<span class=\"_ _0\"></span>ket ris<span class=\"_ _0\"></span>k pre<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ums for ta<span class=\"_ _0\"></span>ki<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6ca\">In the ca<span class=\"_ _0\"></span>se of lifeti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts a bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of losse<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from the No Ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve Equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, and the mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t risk<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6cb\">pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ium<span class=\"_ _0\"></span>s for this ris<span class=\"_ _0\"></span>k are de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted fro<span class=\"_ _0\"></span>m the yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d. For the U<span class=\"_ _0\"></span>K ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for risk of defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t for cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6cc\">inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s equ<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: 42b<span class=\"_ _0\"></span>ps). For lifet<span class=\"_ _0\"></span>ime mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es the de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>\u00a30.<span class=\"_ _0\"></span>4b<span class=\"_ _0\"></span>n (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a30.3<span class=\"_ _0\"></span>bn).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6cd\">For U<span class=\"_ _0\"></span>S and UK pro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, the yie<span class=\"_ _0\"></span>ld is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on not<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal ass<span class=\"_ _0\"></span>et po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>A<span class=\"_ _6\"></span>A rate<span class=\"_ _0\"></span>d cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate bo<span class=\"_ _0\"></span>nds an<span class=\"_ _0\"></span>d cash<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6ce\">the ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y cash flo<span class=\"_ _0\"></span>ws. An ex<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t allow<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce is ded<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m the yie<span class=\"_ _0\"></span>ld to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>lt ris<span class=\"_ _0\"></span>k asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h the noti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls3 wsa4 gs6cf\">por<span class=\"_ _0\"></span>tfolio <span class=\"_ _3\"></span>assets. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6d0\">Th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves use<span class=\"_ _0\"></span>d for mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t line<span class=\"_ _0\"></span>s are sho<span class=\"_ _0\"></span>wn be<span class=\"_ _0\"></span>low. The dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t rate cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s are use<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>dis<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt the ca<span class=\"_ _0\"></span>sh flows on the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6d1\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts and any ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iate<span class=\"_ _0\"></span>d rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span>. The gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>h disp<span class=\"_ _0\"></span>lays th<span class=\"_ _0\"></span>e unde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g spo<span class=\"_ _0\"></span>t rates<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d2\">7%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d3\">6%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d4\">5%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d5\">4%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d6\">3%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d7\">2%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d8\">7%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6d9\">6%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6da\">5%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6db\">4%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6dc\">3%<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls91 wsda gs6dd\">2%<span class=\"_ _3ad\"> </span></div><div class=\"c w43 hf2 gs6de\"><div class=\"t m1 x0 h4 y20f9 ff125 fs0 fc0 sc0 ls0 ws3\">31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3 Dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt Ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x0 h4 y20fa ff125 fs0 fc0 sc0 ls5d ws68\">31<span class=\"_ _3\"></span> December 2022 Dis<span class=\"_ _3\"></span>count Rates<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x0 hcc y20fb ff126 fs24 fc5 sc0 ls4 ws3\">\u25cf<span class=\"_ _3ad\"> </span></div></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls172 ws18f gs6df\">GBP Ris<span class=\"_ _3\"></span>k-free<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff126 fs24 fc4 sc0 ls4 ws3 gs6e0\">\u25cf<span class=\"fs2 fc12\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls172 ws18f gs6e1\">Annuity GBP<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff126 fs24 fc12 sc0 ls4 ws3 gs6e2\">\u25cf<span class=\"fs2 fc5\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls34 ws41 gs6e3\">Protection<span class=\"_ _3\"></span> GBP<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff126 fs24 fc8 sc0 ls4 ws3 gs6e4\">\u25cf<span class=\"fs2 fc4\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls4 ws3 gs6e5\">USD Risk-free<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff126 fs24 fcf sc0 ls4 ws3 gs6e6\">\u25cf<span class=\"fs2 fc4\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls4 wsc9 gs6e7\">Annuities USD<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hcc ff126 fs24 fcb sc0 ls4 ws3 gs6e8\">\u25cf<span class=\"fs2 fc4\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls34 ws41 gs6e9\">Protection<span class=\"_ _3\"></span> <span class=\"ls4 ws3\">USD<span class=\"_ _3ad\"> </span></span></div><div class=\"c w43 hf2 gs6de\"><div class=\"t ma x16e h11 y20ff ff124 fs2 fc0 sc0 ls32 ws3d\">Rate</div></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls32 ws3 gs6ea\">Years ahead<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls4 ws3 gs6eb\">0<span class=\"_ _12e\"> </span><span class=\"ls32 ws3d\">10<span class=\"_ _1ca\"> </span>20<span class=\"_ _14e\"> </span>30<span class=\"_ _1ca\"> </span>40<span class=\"_ _1ca\"> </span>50<span class=\"_ _1ca\"> </span>60<span class=\"_ _3ad\"> </span></span></div><div class=\"c w43 hf2 gs6de\"><div class=\"t ma x16e h11 y2102 ff124 fs2 fc0 sc0 ls32 ws3d\">Rate</div></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls32 ws3 gs6ec\">Years ahead<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff124 fs2 fc0 sc0 ls4 ws3 gs6ed\">0<span class=\"_ _12e\"> </span><span class=\"ls32 ws3d\">10<span class=\"_ _1ca\"> </span>20<span class=\"_ _14e\"> </span>30<span class=\"_ _1ca\"> </span>40<span class=\"_ _1ca\"> </span>50<span class=\"_ _1ca\"> </span>60<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls7a ws80 gs6ef\">(iii) Persistency<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f0\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s its pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cy exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d car<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es ou<span class=\"_ _0\"></span>t det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>Pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cy ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce ca<span class=\"_ _0\"></span>n be volat<span class=\"_ _0\"></span>ile an<span class=\"_ _0\"></span>d past<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f1\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce may not be an ap<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tor. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p trie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce pas<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l fut<span class=\"_ _0\"></span>ure co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns in set<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f2\">ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s abo<span class=\"_ _0\"></span>ut ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m averag<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>cy leve<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"gs6f3\"><table class=\"s w61e h182\" id=\"_5a589e09-be7a-4e41-9ea5-864709e2f6a7\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3542 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3543 w61f h141\"><div class=\"t m1 x1e4 h1b y31fd ff123 fs2 fc0 sc0 ls114 wsa1\">Lapse Rates<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc0f y3543 w620 h141\"><div class=\"t m1 x1e4 h1b y31fd ff11a fs2 fc0 sc0 ls3a ws46\">202<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x226 h11 y3544 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ea w1b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">UK Le<span class=\"_ _0\"></span>vel te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc10 y31ea w621 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">2.0<span class=\"_ _0\"></span>% \u2013 30.0<span class=\"_ _0\"></span>%</div></td><td class=\"c n xc11 y31ea w622 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2.0<span class=\"_ _0\"></span>% \u2013 29.<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w623 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">UK De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g ter<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc12 y31eb w624 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">4.<span class=\"_ _c\"></span>1% \u2013 1<span class=\"_ _c\"></span>4<span class=\"_ _0\"></span>.7%</div></td><td class=\"c n xc13 y31eb w625 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>.4% \u2013 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w626 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">UK Ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l illn<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc14 y31ec w1be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">3.<span class=\"_ _0\"></span>2% \u2013 31.3%</div></td><td class=\"c n xc15 y31ec w627 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3.2<span class=\"_ _0\"></span>% \u2013 31<span class=\"_ _3\"></span>.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w1bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e of Life (con<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al no<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc16 y31ed w1bc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">0.6% \u2013 10.0%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc17 y31ed w628 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">0.6% \u2013 8.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w1c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 10 <span class=\"_ _c\"></span>y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc18 y31ee w1c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls178 wsd7\">7.1%<span class=\"_ _0\"></span> \u2013<span class=\"_ _6\"></span> 8<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc19 y31ee w629 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">7<span class=\"_ _c\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>% \u2013 8.<span class=\"_ _c\"></span>1%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w1c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 1<span class=\"_ _c\"></span>5 ye<span class=\"_ _0\"></span>ar gu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc1a y31ef w1c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">4.<span class=\"_ _0\"></span>2% \u2013 5<span class=\"_ _0\"></span>.8%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc1b y31ef w62a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4.<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>% \u2013 <span class=\"_ _3\"></span>5.<span class=\"_ _0\"></span>8%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w1c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 20 year g<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>e pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc1c y31cb w1c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">3.0% \u2013 6<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc1d y31cb w62b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3.0<span class=\"_ _0\"></span>% \u2013 6.<span class=\"_ _c\"></span>1%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w1c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">US te<span class=\"_ _0\"></span>rm \u2013 30 yea<span class=\"_ _0\"></span>r gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ee pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc1e y31cc w1c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">2<span class=\"_ _0\"></span>.<span class=\"_ _c\"></span>1% \u2013 6.5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc1f y31cc w62c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>% \u2013 6.5%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">US U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l Lif<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc20 y312a w62d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">2<span class=\"_ _0\"></span>.7<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc21 y312a w62e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">2.<span class=\"_ _3\"></span>7%<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls3 ws6c gs6f4\">(iv)<span class=\"_ _3\"></span> Expe<span class=\"_ _0\"></span>nses<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f5\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mo<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s its exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e and ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s out de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>ly to dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>e the exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in wri<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f6\">adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d clas<span class=\"_ _0\"></span>ses of bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>. Adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts may be made for k<span class=\"_ _0\"></span>now<span class=\"_ _0\"></span>n futu<span class=\"_ _0\"></span>re ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in the admi<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f7\">in lin<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss pla<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, as well as for chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in alloc<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. A<span class=\"_ _0\"></span>n allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e for exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on in the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re is also mad<span class=\"_ _0\"></span>e in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6f8\">RP<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, taki<span class=\"_ _0\"></span>ng ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt of both sal<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y and pri<span class=\"_ _0\"></span>ce info<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5d ws68 gs6f9\">(<span class=\"_ _3\"></span>v)<span class=\"_ _3\"></span> Risk Adjustment<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6fa\">Th<span class=\"_ _0\"></span>e risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt is the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n that th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>res for be<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the unc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y abo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t the amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and tim<span class=\"_ _0\"></span>ing of the cas<span class=\"_ _0\"></span>h flows tha<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6fb\">ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s from no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>. For the maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of ris<span class=\"_ _0\"></span>ks, th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s view on the co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d for non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sks is de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6fc\">refe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e to an 85th per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>fid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e level (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: 85th pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ile), cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted usi<span class=\"_ _0\"></span>ng a one<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r V<span class=\"_ _3\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>at-<span class=\"_ _6\"></span>Ri<span class=\"_ _0\"></span>sk (<span class=\"_ _0\"></span>VaR) meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>is VaR <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6fd\">refl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew on how non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>s beh<span class=\"_ _0\"></span>ave (<span class=\"_ _3\"></span>ris<span class=\"_ _0\"></span>k dis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s), <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of risks ac<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s the Gro<span class=\"_ _0\"></span>up (ris<span class=\"_ _0\"></span>k cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s), and the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6fe\">co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s and be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts fro<span class=\"_ _0\"></span>m rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e in plac<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk mi<span class=\"_ _0\"></span>tig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on). This is con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th how ris<span class=\"_ _0\"></span>ks are pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ed for an<span class=\"_ _0\"></span>d mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d acr<span class=\"_ _0\"></span>oss th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs6ff\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has les<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>eti<span class=\"_ _0\"></span>te for a risk (<span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>res pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tio<span class=\"_ _0\"></span>nal<span class=\"_ _0\"></span>ly hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n) <span class=\"_ _3\"></span>a hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e level is use<span class=\"_ _0\"></span>d. T<span class=\"_ _0\"></span>he cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n uses a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs700\">ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal bas<span class=\"_ _0\"></span>is app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te for the ter<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e ty<span class=\"_ _0\"></span>pe of bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, and how it is pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in the one<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l would<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs701\">in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ease th<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ta<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d by c\u00a35<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs51d\">We have <span class=\"_ _3\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ted the e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nfi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e leve<span class=\"_ _0\"></span>l for the en<span class=\"_ _0\"></span>tir<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p on a multi<span class=\"_ _6\"></span>-y<span class=\"_ _0\"></span>ear bas<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d avera<span class=\"_ _0\"></span>ge of the key risks<span class=\"_ _0\"></span>. Ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs702\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p risk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is alig<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>a c.75th per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ile mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>fid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e level (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 75th per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>e) <span class=\"_ _3\"></span>ove<span class=\"_ _0\"></span>r the full ru<span class=\"_ _0\"></span>nof<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs703\">of the por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>o.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs704\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tes it<span class=\"_ _0\"></span>s Risk Ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt at co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l usi<span class=\"_ _0\"></span>ng a Provi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n for Adve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e Devia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (PAD<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pro<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs705\">to bes<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l risk ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate the ri<span class=\"_ _0\"></span>sk adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d over and above th<span class=\"_ _0\"></span>e bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for eac<span class=\"_ _0\"></span>h con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs706\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (that var<span class=\"_ _0\"></span>y by ris<span class=\"_ _0\"></span>k) are cal<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ted su<span class=\"_ _0\"></span>ch tha<span class=\"_ _0\"></span>t the tota<span class=\"_ _0\"></span>l Gro<span class=\"_ _0\"></span>up Ris<span class=\"_ _0\"></span>k Adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t calc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d alig<span class=\"_ _0\"></span>ns to the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>vi<span class=\"_ _0\"></span>ew of comp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs707\">for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>ks dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>h refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to the 85th pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ile (as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>d above) and the Ri<span class=\"_ _0\"></span>sk Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t at con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t leve<span class=\"_ _0\"></span>l is </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs708\">re<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive of the com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d by the Gro<span class=\"_ _0\"></span>up for tha<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.</div>",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfLongTermInsuranceValuationAssumptions",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-645": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs70a\">1<span class=\"_ _3\"></span>9 IF<span class=\"_ _0\"></span>RS se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ysis<span class=\"_ _3ad\"> </span></div><div class=\"gs70b\"><table class=\"s w62f h183\" id=\"_816f1415-7122-4ac6-af3c-3f5b5aa49864\"><tr><td></td><td class=\"t m1 xc22 h1b y3545 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x53e h1b y3546 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc23 h1b y3547 ff11a fs2 fc0 sc0 lsb9 wsc9\">po<span class=\"_ _0\"></span>st-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc24 h1b y3548 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63b h1b y3549 ff11a fs2 fc0 sc0 lsb9 wsc9\">po<span class=\"_ _0\"></span>st-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc25 h1b y354a ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc26 h1b y354b ff11e fs2 fc0 sc0 ls35 ws42\">Group profit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h1b y354c ff11a fs2 fc0 sc0 ls35 ws42\">Group equity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc27 h1b y354d ff11e fs2 fc0 sc0 ls35 ws42\">Group profit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc28 h1b y354e ff11a fs2 fc0 sc0 ls35 ws42\">Group equity<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc26 h1b y354f ff11a fs2 fc0 sc0 ls3a ws46\">arising from<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc29 h1b y3550 ff11a fs2 fc0 sc0 ls3a ws46\">arising from<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc27 h1b y3551 ff11a fs2 fc0 sc0 ls3a ws46\">arising from<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h1b y3552 ff11a fs2 fc0 sc0 ls3a ws46\">arising from<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2a h1b y3553 ff11a fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x86b h1b y3554 ff11e fs2 fc0 sc0 ls114 wsa1\">financial </td><td class=\"t m1 x951 h1b y3555 ff11e fs2 fc0 sc0 ls114 wsa1\">financial </td><td class=\"t m1 x53e h1b y3556 ff11a fs2 fc0 sc0 ls35 ws42\">insurance </td><td class=\"t m1 xc25 h1b y3557 ff11a fs2 fc0 sc0 ls35 ws42\">insurance </td><td class=\"t m1 x33e h1b y3558 ff11a fs2 fc0 sc0 lsb9 wsc9\">po<span class=\"_ _0\"></span>st-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2b h1b y3559 ff11a fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91c h1b y355a ff11a fs2 fc0 sc0 ls172 ws18f\">assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2c h1b y355b ff11a fs2 fc0 sc0 ls172 ws18f\">assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2d h1b y355c ff11a fs2 fc0 sc0 ls115 ws8d\">contracts<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h1b y355d ff11a fs2 fc0 sc0 ls115 ws8d\">contracts<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2e h1b y355e ff11e fs2 fc0 sc0 ls35 ws42\">Group profit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y355f ff11a fs2 fc0 sc0 ls35 ws42\">Group equity<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y3560 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y3561 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y3562 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3563 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h1b y3564 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y3565 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h62 y3566 ff123 fs2 fc0 sc0 ls114 wsa1\">Economic sensitiv<span class=\"_ _3\"></span>ity<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y3567 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3568 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3569 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y356a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y356b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y356c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y356d ff11a fs6 fc0 sc0 lsd ws3\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-te<span class=\"_ _0\"></span>rm i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r Gr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>up a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3306 w630 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc30 y3306 w631 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(5,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9)</div></td><td class=\"c n xc31 y3306 w632 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(6<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc32 y3306 w633 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc33 y3306 w5f9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">5,<span class=\"_ _0\"></span>892<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc34 y3306 w634 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc35 y3306 w1f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32cf w635 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc36 y32cf w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,<span class=\"_ _3\"></span>999<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc37 y32cf w2c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>1<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc38 y32cf w636 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>19)</div></td><td class=\"c n xc39 y32cf w637 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _6\"></span>7,<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _b\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3a y32cf w30e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y32cf w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w638 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">50<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3b y32d0 w639 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,7<span class=\"_ _6\"></span>78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3c y32d0 w63a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3d y32d0 w63b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>31)</div></td><td class=\"c n xc3e y32d0 w63c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3f y32d0 w97 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc40 y32d0 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w63d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">50<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc41 y31eb w63e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)</div></td><td class=\"c n xc42 y31eb w63f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc43 y31eb w640 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,73<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc44 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc45 y31eb w641 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc46 y31eb w114 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">55<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w642 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>s wid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps wi<span class=\"_ _0\"></span>th no c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc47 y31ec w643 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(4<span class=\"_ _6\"></span>,19<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)</div></td><td class=\"c n xc48 y31ec w644 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(4<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>216<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82b y31ec w645 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc49 y31ec w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">4,<span class=\"_ _0\"></span>206<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4a y31ec w138 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(152<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4b y31ec w237 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w646 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">25<span class=\"_ _0\"></span>% rise in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4c y31ed w647 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4d y31ed w49d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4e y31ed w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4f y31ed w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61b y31ed w38c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">297<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc50 y31ed w182 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">2<span class=\"_ _0\"></span>97<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w648 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">25<span class=\"_ _0\"></span>% fall in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc51 y31ee w649 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc52 y31ee w649 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc53 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc54 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc55 y31ee w64a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>97<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc56 y31ee wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w64b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>5% ri<span class=\"_ _0\"></span>se in pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc57 y31ef w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc58 y31ef w64c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc59 y31ef w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc5a y31ef w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(25<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc5b y31ef w64d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,13<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc5c y31ef w3dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,13<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w64e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>5% fa<span class=\"_ _0\"></span>ll in pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc5d y3225 w64f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>)</div></td><td class=\"c n xc5e y3225 w64f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc5f y3225 wf4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">102<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc60 y3225 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc61 y3225 w650 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(1<span class=\"_ _0\"></span>,17<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc62 y3225 w651 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,174<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w652 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10bp<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc63 y3277 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc64 y3277 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc65 y3277 w653 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(49<span class=\"_ _6\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc66 y3277 w654 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(51<span class=\"_ _c\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc67 y3277 w285 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc68 y3277 w655 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(514)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w656 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10bp<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc69 y312a w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6a y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6b y312a w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">455<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6c y312a w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">471<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6d y312a w657 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">4<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6e y312a w1f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">471<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs70c\">Ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></div><div class=\"gs70d\"><table class=\"s w658 h184\" id=\"_416689a6-08c1-4465-8ea8-b66fa82eb6b7\"><tr><td></td><td class=\"t m1 xc22 h11 y356e ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x53e h11 y356f ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc23 h11 y3570 ff11c fs2 fc0 sc0 ls188 ws40\">post-tax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc24 h11 y3571 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc6f h11 y3572 ff11c fs2 fc0 sc0 ls188 ws40\">post-tax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc25 h11 y3573 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc70 h11 y3574 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xb15 h11 y3575 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc71 h11 y3576 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc28 h11 y3577 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc70 h11 y3578 ff11c fs2 fc0 sc0 ls4 ws3\">ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc72 h11 y3579 ff11c fs2 fc0 sc0 ls4 ws3\">ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc27 h11 y357a ff11c fs2 fc0 sc0 ls4 ws3\">ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67f h11 y357b ff11c fs2 fc0 sc0 ls4 ws3\">ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>om<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2a h11 y357c ff11c fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xc23 h11 y357d ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3\"></span> </td><td class=\"t m1 xc73 h11 y357e ff11c fs2 fc0 sc0 ls34 ws41\">financial<span class=\"_ _3\"></span> </td><td class=\"t m1 x53e h11 y357f ff11c fs2 fc0 sc0 ls10b ws59\">insurance </td><td class=\"t m1 xc25 h11 y3580 ff11c fs2 fc0 sc0 ls10b ws59\">insurance </td><td class=\"t m1 x1f9 h11 y3581 ff11c fs2 fc0 sc0 ls188 ws40\">post-tax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2b h11 y3582 ff11c fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t im<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91c h11 y3583 ff11f fs2 fc0 sc0 ls3a ws46\">assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2c h11 y3584 ff11f fs2 fc0 sc0 ls3a ws46\">assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2d h11 y3585 ff11c fs2 fc0 sc0 ls34 ws41\">contracts<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y3586 ff11c fs2 fc0 sc0 ls34 ws41\">contracts<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc74 h11 y3587 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h11 y3588 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h11 y3589 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y358a ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y358b ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y358c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y358d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y358e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h11 y358f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y3590 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3591 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3592 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3593 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3594 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3595 ff11c fs6 fc0 sc0 lsd ws15\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e, ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and ob<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y324a w630 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rat<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc30 y324a w659 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)</div></td><td class=\"c n xc75 y324a w65a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">(4,802)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc76 y324a w65b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc77 y324a w65c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc78 y324a w65d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc79 y324a w36c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w635 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc7a y324b w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">5,70<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc7b y324b w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">5<span class=\"_ _0\"></span>,737<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc7c y324b w65e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>6)</div></td><td class=\"c n xc7d y324b w65f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc7e y324b w660 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc7f y324b w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w638 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">50<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3b y31ea wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc80 y31ea wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc81 y31ea w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8)</div></td><td class=\"c n xc82 y31ea w661 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc83 y31ea w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc84 y31ea w662 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w63d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">50<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc85 y31eb w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3)</div></td><td class=\"c n xc86 y31eb w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc87 y31eb wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc88 y31eb wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc89 y31eb w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc8a y31eb w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w642 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>s wid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps wi<span class=\"_ _0\"></span>th no c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d def<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc8b y31ec w663 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">(3,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0)</div></td><td class=\"c n xc8c y31ec w664 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc8d y31ec wd6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">3,735<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc8e y31ec w326 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3<span class=\"_ _0\"></span>,8<span class=\"_ _0\"></span>85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc8f y31ec w665 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(25<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e3 y31ec w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w646 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">25<span class=\"_ _0\"></span>% rise in e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc90 y328d w666 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc91 y328d w527 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">317<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc92 y328d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y328d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x501 y328d w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc93 y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w648 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">25<span class=\"_ _0\"></span>% fall in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc94 y31c8 w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(3<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc95 y31c8 w667 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(3<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc96 y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc97 y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc98 y31c8 w9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(3<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc99 y31c8 w668 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w64b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>5% ri<span class=\"_ _0\"></span>se in pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc9a y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc9b y324c wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc9c y324c w669 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc1 wsf\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc9d y324c w669 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc1 wsf\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc9e y324c w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc9f y324c w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w64e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>5% fa<span class=\"_ _0\"></span>ll in pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y valu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca0 y31cb w66a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca1 y31cb w66b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _6\"></span>1,<span class=\"_ _0\"></span>113<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca2 y31cb w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca3 y31cb w66c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x98b y31cb w180 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>116<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca4 y31cb w180 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>116<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w652 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10bp<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>fau<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca5 y31cc w4be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca6 y31cc w4be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca7 y31cc w2ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>49)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca8 y31cc w66d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca9 y31cc w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcaa y31cc w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(47<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w656 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10bp<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcab y312a w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcac y312a w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcad y312a w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">423<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcae y312a wfc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4<span class=\"_ _0\"></span>38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y312a w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">4<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc50 y312a w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">450<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h1b ff11a fs2 fc0 sc0 ls10b ws59 gs70f\">Non-economic sensitivity<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s w66e h185\" id=\"_1c18bcb1-0b45-416f-b852-24cedd3f27fa\"><tr><td></td><td></td><td class=\"t m1 xcaf h1b y3596 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8d3 h1b y3597 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3598 ff11a fs2 fc0 sc0 lsb9 wsc9\">po<span class=\"_ _0\"></span>st-<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h1b y3599 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x439 h1b y359a ff11a fs2 fc0 sc0 ls181 ws1a3\">CSM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb0 h1b y359b ff11e fs2 fc0 sc0 ls35 ws42\">Group profit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y359c ff11a fs2 fc0 sc0 ls35 ws42\">Group equity<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h1b y359d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y359e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y359f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h1b y35a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y35a1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y35a2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y35a3 ff11a fs6 fc0 sc0 ls4 wsd\">Long-term insurance<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31eb w66f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _e9\"> </span></div></td><td class=\"c n xcb2 y31eb w2cb h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">352<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb3 y31eb w670 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(5<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb4 y31eb w671 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(<span class=\"_ _0\"></span>52)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w672 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>et of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e5 y31ec w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb5 y31ec w673 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb6 y31ec w674 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(26)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w675 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, gros<span class=\"_ _0\"></span>s of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb7 y31ed w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ff y31ed w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e6 y31ed w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w676 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, net of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb8 y31ee w677 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">(18<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb9 y31ee w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcba y31ee w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w678 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5% in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se in ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, gros<span class=\"_ _0\"></span>s of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcbb y31ef w20c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>91)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcbc y31ef w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(39<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcbd y31ef w679 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(3<span class=\"_ _0\"></span>08)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w67a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5% in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se in ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, net of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcbe y3225 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(30<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcbf y3225 w360 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc0 y3225 w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w67b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, gro<span class=\"_ _0\"></span>ss of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb8 y31cc w192 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc1 y31cc w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc2 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w67c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, net of re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc3 y312a w26c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(13<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc4 y312a w67d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc5 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls113 ws122 gs710\">Non-<span class=\"_ _0\"></span>economic<span class=\"_ _3\"></span> sensit<span class=\"_ _3\"></span>ivity </div><div class=\"gs711\"><table class=\"s w67e h186\" id=\"_617a1196-af3f-4069-8835-782a6a24cd22\"><tr><td></td><td></td><td class=\"t m1 xcaf h11 y35a4 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x8d3 h11 y35a5 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x665 h11 y35a6 ff11c fs2 fc0 sc0 ls188 ws40\">post-tax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fd h11 y35a7 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x439 h11 y35a8 ff11f fs2 fc0 sc0 ls189 ws1a9\">CSM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcc6 h11 y35a9 ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h11 y35aa ff11c fs2 fc0 sc0 ls4 ws3\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x656 h11 y35ab ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y35ac ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y35ad ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x401 h11 y35ae ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y35af ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y35b0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y35b1 ff11c fs6 fc0 sc0 lsd ws15\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y325a w66f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>g<span class=\"_ _0\"></span>ros<span class=\"_ _0\"></span>s of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _e9\"> </span></div></td><td class=\"c n xcb2 y325a w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">323<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc7 y325a w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(<span class=\"_ _0\"></span>70)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc8 y325a w67f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(<span class=\"_ _6\"></span>70)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w672 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y, <span class=\"_ _3\"></span>n<span class=\"_ _0\"></span>et of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc9 y31ec waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb3 y31ec w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcca y31ec w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(32)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w675 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, gros<span class=\"_ _0\"></span>s of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xccb y31ed w680 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(32<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xccc y31ed w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xccd y31ed w681 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w676 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>% de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, net of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb8 y31ee w682 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x911 y31ee wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcce y31ee w683 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w678 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5% in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se in ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, gros<span class=\"_ _0\"></span>s of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcbb y31ef w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xccf y31ef w684 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd0 y31ef w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w67a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5% in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se in ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, net of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd1 y3225 w138 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd2 y3225 w685 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd3 y3225 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w67b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, gro<span class=\"_ _0\"></span>ss of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd4 y3277 w686 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y3277 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7a y3277 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w67c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, net of re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd5 y312a w687 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd6 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs222\">Th<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y ta<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>s above sh<span class=\"_ _0\"></span>ow the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts on Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pos<span class=\"_ _0\"></span>t tax pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, net of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e, un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r eac<span class=\"_ _0\"></span>h sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>io.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs223\">Th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on Gro<span class=\"_ _0\"></span>up po<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t tax pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g from fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>e also show<span class=\"_ _0\"></span>n sep<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ly in the ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs224\">Th<span class=\"_ _0\"></span>e eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>c sens<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s cover lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r Gro<span class=\"_ _0\"></span>up ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs266\">Th<span class=\"_ _0\"></span>e non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y tab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s above sho<span class=\"_ _0\"></span>w the impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts on CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>, Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p pos<span class=\"_ _0\"></span>t tax pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t and eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, gross an<span class=\"_ _0\"></span>d net of rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, und<span class=\"_ _0\"></span>er eac<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs226\">se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sce<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>o. The no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>omi<span class=\"_ _0\"></span>c sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s cove<span class=\"_ _0\"></span>r long<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess on<span class=\"_ _0\"></span>ly.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs227\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s may arise fr<span class=\"_ _0\"></span>om asse<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d/or liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y movem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>vie<span class=\"_ _0\"></span>w of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs228\">key risk<span class=\"_ _0\"></span>s in cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>ic co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22a\">Th<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es are ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r on the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>. Both C<span class=\"_ _0\"></span>SM an<span class=\"_ _0\"></span>d cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t year CS<span class=\"_ _0\"></span>M rel<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se into pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t are ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>ed to be affe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted wh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs268\">no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s are str<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22c\">In cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g the alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive valu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, all oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are lef<span class=\"_ _6\"></span>t unc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. In pra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e, im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s expe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e may be cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs269\">Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>aly<span class=\"_ _0\"></span>ses do no<span class=\"_ _0\"></span>t take into acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t acti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s that co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d be taken to red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p see<span class=\"_ _0\"></span>ks to acti<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22e\">man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e its asse<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y posi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. A <span class=\"_ _3\"></span>ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns may lead to cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the ass<span class=\"_ _0\"></span>et all<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on or ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>gin<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e whic<span class=\"_ _0\"></span>h may </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22f\">have a more<span class=\"_ _0\"></span>, or less<span class=\"_ _0\"></span>, sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nt imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the val<span class=\"_ _0\"></span>ue of the liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e anal<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is also ig<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>res any se<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nd or<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>ts of the ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ion ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26a\">in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>udi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e pote<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>al imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p asse<span class=\"_ _0\"></span>t and liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and any sec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nd ord<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r tax ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs231\">Th<span class=\"_ _0\"></span>e sen<span class=\"_ _0\"></span>sit<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of pro<span class=\"_ _0\"></span>fit an<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s may not be line<span class=\"_ _0\"></span>ar. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>hey sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld not be ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d to chan<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>a muc<span class=\"_ _0\"></span>h lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r ord<span class=\"_ _0\"></span>er.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26d\">Th<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te stre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es assu<span class=\"_ _0\"></span>me a 1<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>0 basis po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se/de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in the gros<span class=\"_ _0\"></span>s red<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n yiel<span class=\"_ _0\"></span>d on fixed in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs233\">wi<span class=\"_ _0\"></span>th the sam<span class=\"_ _0\"></span>e cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the real yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ds on vari<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s. In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s used to disc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d to move in line wit<span class=\"_ _0\"></span>h mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs234\">yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, adju<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d to remove ri<span class=\"_ _0\"></span>sks in the ass<span class=\"_ _0\"></span>et ref<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio<span class=\"_ _0\"></span>s that are no<span class=\"_ _0\"></span>t pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted in a mann<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt wi<span class=\"_ _0\"></span>th the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26e\">base re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs236\">Th<span class=\"_ _0\"></span>e infl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ses ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ted ar<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>0.5% pe<span class=\"_ _0\"></span>r ann<span class=\"_ _0\"></span>um (<span class=\"_ _0\"></span>p.a.) inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se/de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in infla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, resu<span class=\"_ _0\"></span>lti<span class=\"_ _0\"></span>ng in a 0.5% p.a. red<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>/ri<span class=\"_ _0\"></span>se in real yie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d and no </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26f\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge to the nomi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l yiel<span class=\"_ _0\"></span>d. In ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n, th<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e infla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on rate is in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>/dec<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>0.5<span class=\"_ _0\"></span>% p.a. The ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs237\">no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re rec<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e the CS<span class=\"_ _0\"></span>M und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the str<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se rec<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns are re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted in the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s show<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs270\">In the se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t spr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>, cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te bon<span class=\"_ _0\"></span>d yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s, gove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t bon<span class=\"_ _0\"></span>d yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s are unc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e has bee<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs239\">no adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. All life<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s are exclu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, as thei<span class=\"_ _0\"></span>r pri<span class=\"_ _0\"></span>mar<span class=\"_ _6\"></span>y expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re is to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re cap<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs23a\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y stre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>Th<span class=\"_ _0\"></span>e equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s are a 25% rise an<span class=\"_ _0\"></span>d 25% fall in lis<span class=\"_ _0\"></span>ted eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ues<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d are a 1<span class=\"_ _c\"></span>5% ris<span class=\"_ _0\"></span>e and 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>% fall in pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y marke<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es. Wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y is bein<span class=\"_ _0\"></span>g use<span class=\"_ _0\"></span>d to back lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s used to disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s move with pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>d so the valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s will also move<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is set base<span class=\"_ _0\"></span>d on the cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g of indi<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l bon<span class=\"_ _0\"></span>ds and Mo<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s histo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ica<span class=\"_ _0\"></span>l tra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n matr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t defau<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span> st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>s assu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>+/-<span class=\"_ _3\"></span>10bp<span class=\"_ _0\"></span>s str<span class=\"_ _0\"></span>ess to the cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch wi<span class=\"_ _0\"></span>ll have an impa<span class=\"_ _0\"></span>ct on th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>tes use<span class=\"_ _0\"></span>d to disco<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. Defa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t allowa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es for ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s dee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>d cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it ris<span class=\"_ _0\"></span>k fre<span class=\"_ _0\"></span>e are unc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. All life<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es are excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, as the<span class=\"_ _0\"></span>ir pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e is to prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ris<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re cap<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e prop<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y str<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es are a 1<span class=\"_ _c\"></span>% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase an<span class=\"_ _0\"></span>d 1<span class=\"_ _c\"></span>% de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in the mor<span class=\"_ _6\"></span>tali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ra<span class=\"_ _0\"></span>tes for imm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te and defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>th no cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e to the mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y im<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>tes.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e assu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e mor<span class=\"_ _6\"></span>tal<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>s is a <span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in the mor<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y and mor<span class=\"_ _0\"></span>bid<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y rates wi<span class=\"_ _0\"></span>th no cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>the mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and mo<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y imp<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e main<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>ss is a <span class=\"_ _3\"></span>10% inc<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in all ty<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>es of main<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in futu<span class=\"_ _0\"></span>re year<span class=\"_ _0\"></span>s",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfIFRSSensitivityAnalysis",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-646": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 lsf7 ws105 gs713\">20 Insuran<span class=\"_ _0\"></span>ce contra<span class=\"_ _0\"></span>ct liabilities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls82 ws85 gs714\">(i) In<span class=\"_ _3\"></span>surance contract r<span class=\"_ _3\"></span>evenue<span class=\"_ _3\"></span> and exp<span class=\"_ _3\"></span>enses<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs715\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs716\"><table class=\"s w3c3 h187\" id=\"_c04d8c17-fc1d-4422-ba95-cf05438f4856\"><tr><td></td><td class=\"t m1 x63c h1b y35b2 ff11a fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h1b y35b2 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y35b2 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x243 h1b y35b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y35b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y35b3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y35b4 ff11a fs6 fc0 sc0 ls4 wsd\">Insurance revenue<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y35b5 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es for re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y35b6 w688 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 CS<span class=\"_ _0\"></span>M re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd7 y35b6 w689 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">943<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd8 y35b6 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">225<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd9 y35b6 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y35b7 w68a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ms an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcda y35b7 w24c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">5,2<span class=\"_ _0\"></span>78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcdb y35b7 w68b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">2,<span class=\"_ _0\"></span>597<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcdc y35b7 w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y3425 w68c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk for th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcdd y3425 w84 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">371<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcde y3425 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcdf y3425 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">387<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3426 w68d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>y of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce0 y3426 w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce1 y3426 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce2 y3426 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y35b8 w68f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to pas<span class=\"_ _0\"></span>t and cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce3 y35b8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc3a y35b8 w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce4 y35b8 w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w690 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal insurance revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce5 y31ed w56d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls150 ws2b\">6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>612<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce6 y31ed w320 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1a ws2c\">3,012<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce7 y31ed w4c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">9,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>24<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w691 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal insurance service expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce8 y31c8 w692 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls2f ws39\">(5,<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>4)</div></td><td class=\"c n xce9 y31c8 w693 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,12<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>)</div></td><td class=\"c n xcea y31c8 w694 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w695 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xceb y31f6 w4e7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>)</div></td><td class=\"c n xcec y31f6 w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>4)</div></td><td class=\"c n xced y31f6 w1cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w696 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s for in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcee y31f7 w697 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcef y31f7 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68d y31f7 w698 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">3,<span class=\"_ _0\"></span>754<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w699 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls13 ws12\">Net (<span class=\"_ _c\"></span>expense)<span class=\"_ _3\"></span>/income from<span class=\"_ _3\"></span> reinsurance contracts held<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf0 y31cc w285 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf1 y31cc w2e8 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls16a ws188\">295<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc35 y31cc w69a h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls20 ws23\">(13<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w69b h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal insurance service result<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf2 y312a w119 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsbe wsce\">936<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x663 y312a w69c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf3 y312a w69d h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs717\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div><div class=\"gs718\"><table class=\"s w69e h188\" id=\"_2f3172e9-df3a-427a-a476-5eeb51d96a66\"><tr><td></td><td class=\"t m1 x63c h11 y35b9 ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcf4 h11 y35b9 ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y35b9 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x243 h11 y35ba ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y35ba ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y35ba ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y35bb ff11c fs6 fc0 sc0 ls1d ws32\">Insurance<span class=\"_ _3\"></span> rev<span class=\"_ _3\"></span>enue<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y35bc ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g to cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es for re<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3306 w688 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 CS<span class=\"_ _0\"></span>M re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed fo<span class=\"_ _0\"></span>r ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf5 y3306 wfd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">762<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf6 y3306 w204 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">251<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf7 y3306 wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y32cf w68a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>lai<span class=\"_ _0\"></span>ms an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf8 y32cf w69f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">4,5<span class=\"_ _0\"></span>85<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf9 y32cf w6a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">2<span class=\"_ _0\"></span>,558<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcfa y32cf w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>4<span class=\"_ _b\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31ea w68c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in the ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial ri<span class=\"_ _0\"></span>sk for th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k exp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcdd y31ea w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">359<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcfb y31ea w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcfc y31ea w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">390<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w68d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>y of insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce0 y31eb w6a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcfd y31eb w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa5e y31eb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w68f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m exp<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce va<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng to pas<span class=\"_ _0\"></span>t and cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce3 y31ec we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcfe y31ec w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcff y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w6a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e reve<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd00 y31ed w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">5,7<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd01 y31ed w14f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd02 y31ed w2d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">8,683<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w6a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd03 y31ee w6a4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(4,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>76)</div></td><td class=\"c n xd04 y31ee w6a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>1)</div></td><td class=\"c n xd05 y31ee w6a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls17b wsd\">(7<span class=\"_ _c\"></span>,4<span class=\"_ _3\"></span>97)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w695 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd06 y31ef w6a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd07 y31ef w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd08 y31ef w6a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(3<span class=\"_ _6\"></span>,12<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w696 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s for in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d clai<span class=\"_ _0\"></span>ms<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcee y3225 w6a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,052<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd09 y3225 w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">929<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0a y3225 wd9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w6aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t (expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me fr<span class=\"_ _0\"></span>om re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts he<span class=\"_ _0\"></span>ld<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0b y31cc w6ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0c y31cc w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0d y31cc w3b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w6ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb12 y312a w6ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">875<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0e y312a w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0f y312a w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls82 ws85 gs71a\">(ii)<span class=\"_ _3\"></span> Insurance and<span class=\"_ _3\"></span> reinsurance contra<span class=\"_ _3\"></span>cts<span class=\"_ _3ad\"> </span></div><div class=\"gs71b\"><table class=\"s w6ae h189\" id=\"_af4c6dd9-ed45-4497-8105-1ee561d4e509\"><tr><td></td><td class=\"t m1 x2ba h1b y35bd ff11a fs2 fc0 sc0 ls35 ws42\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h1b y35be ff11a fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h11 y35bf ff11f fs2 fc0 sc0 ls3a ws46\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x655 h11 y35c0 ff11c fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y35c1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y35c2 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y35c3 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y35c4 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y35c5 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y35c6 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y35c7 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y35c8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y35c9 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance contracts issued<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y35ca ff11a fs6 fc0 sc0 ls4 ws3\">Annuities<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3356 w6af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd10 y3356 w6b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>6,70<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y3356 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd11 y3356 w6b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">73<span class=\"_ _0\"></span>,729<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y35cb ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ash fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd12 y3282 w96 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">(18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd13 y3282 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd14 y3282 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y35cc ff11a fs6 fc0 sc0 ls16 ws25\">Protection<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31e5 w6af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc8e y31e5 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4,78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd15 y31e5 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd16 y31e5 w6b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">4,533<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y35cd ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ash fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x723 y31f8 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd17 y31f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd18 y31f8 we1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y35ce ff11a fs6 fc0 sc0 ls22 ws26\">T<span class=\"_ _c\"></span>otal insurance contracts issued<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y35cf w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd19 y35cf w6b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">9<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1a y35cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd1b y35cf w6b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs71c\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs71d\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff11a fsd fc0 sc0 ls4 ws3 gs71e\">2<span class=\"_ _3ad\"> </span></div><div class=\"gs71f\"><table class=\"s w6b5 h18a\" id=\"_cb1f1d12-a372-4787-8407-4c8bfe059cd1\"><tr><td></td><td class=\"t m1 x2ba h1b y35d0 ff11a fs2 fc0 sc0 ls35 ws42\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d3 h1b y35d1 ff11a fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2bc h11 y35d2 ff11f fs2 fc0 sc0 ls3a ws46\">Assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x655 h11 y35d3 ff11c fs2 fc0 sc0 ls39 ws1c\">Liabilities<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y35d4 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y35d5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y35d6 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y35d7 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y35d8 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y35d9 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y35da ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y35db ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y35dc ff11a fs6 fc0 sc0 ls2b ws8d\">Reinsurance<span class=\"_ _c\"></span> contracts held<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y35dd ff11a fs6 fc0 sc0 ls4 ws3\">Annuities<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y35de w6b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1c y35de w698 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4,75<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4c y35de w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1d y35de w6b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">2,<span class=\"_ _0\"></span>495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1e y35de w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3357 w6b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ash fl<span class=\"_ _0\"></span>ows</div><div class=\"t m1 xd1f h15 y35df ff11c fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85f y3357 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd20 y3357 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd21 y3357 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd22 y3357 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y35e0 ff11a fs6 fc0 sc0 ls16 ws25\">Protection<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31e5 w6b6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd23 y31e5 w6b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">2<span class=\"_ _0\"></span>,545<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd24 y31e5 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">220<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd25 y31e5 w6ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd26 y31e5 w6bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y31e6 w6b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>ash fl<span class=\"_ _0\"></span>ows</div><div class=\"t m1 xd1f h15 y35df ff11c fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85f y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd27 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd28 y31f8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd29 y31f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y35e1 ff11a fs6 fc0 sc0 ls2b ws8d\">T<span class=\"_ _c\"></span>otal rein<span class=\"_ _3\"></span>surance contracts<span class=\"_ _3\"></span> held<span class=\"_ _3ad\"> </span></td><td class=\"c n x85b y3073 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _b\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd2a y3073 w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">220<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd2b y3073 wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd2c y3073 we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 haa ff11a fsd fc0 sc0 ls4 ws3 gs720\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs721\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts f<span class=\"_ _0\"></span>or i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs722\">2. <span class=\"_ _19\"> </span>\u00a35<span class=\"_ _0\"></span>,1<span class=\"_ _c\"></span>19m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,1<span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m) of th<span class=\"_ _0\"></span>e n<span class=\"_ _0\"></span>et i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of \u00a3<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>36<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>73<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>55<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>m) is ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to r<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span>f wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs724\">(a<span class=\"_ _c\"></span>) Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge and th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs725\"><table class=\"s w6bc h18b\" id=\"_17ea477a-0d70-4c1e-93b6-5bba984b4dcf\"><tr><td></td><td class=\"t m1 xd2d h1b y35e2 ff11a fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or  </td><td></td><td></td><td></td><td class=\"t m1 xd2e h11 y35e2 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or <span class=\"ff11f\"> </span></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xd2f h1b y35e3 ff11a fs2 fc0 sc0 ls35 ws42\">remaining co<span class=\"_ _3\"></span>verage<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x63b h11 y35e3 ff11c fs2 fc0 sc0 ls3a ws46\">remaining coverage<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 xd30 h1b y35e4 ff11a fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or </td><td></td><td></td><td></td><td class=\"t m1 x868 h11 y35e5 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or </td><td></td></tr><tr><td></td><td class=\"t m1 xd31 h1b y35e6 ff11a fs2 fc0 sc0 ls35 ws42\">Excluding loss<span class=\"_ _3\"></span> </td><td class=\"t m1 x91b h1b y35e7 ff11a fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss </td><td class=\"t m1 xd32 h1b y35e8 ff11a fs2 fc0 sc0 ls4 ws3\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </td><td></td><td class=\"t m1 xd33 h11 y35e9 ff11c fs2 fc0 sc0 ls10b ws59\">Excluding loss<span class=\"_ _3\"></span> </td><td class=\"t m1 xd34 h11 y35ea ff11f fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss </td><td class=\"t m1 x1f9 h11 y35eb ff11c fs2 fc0 sc0 ls172 ws18f\">incurred<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td></tr><tr><td></td><td class=\"t m1 xd35 h1b y35ec ff11e fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xd36 h1b y35ed ff11e fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xd37 h1b y35ee ff11a fs2 fc0 sc0 ls132 ws12c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y35ef ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc71 h11 y35f0 ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs726\"> </span></td><td class=\"t m1 x952 h11 y35f1 ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs726\"> </span></td><td class=\"t m1 x344 h11 y35f2 ff11c fs2 fc0 sc0 ls149 ws6c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y35f3 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xd2d h1b y35f4 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xd38 h1b y35f5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53c h1b y35f6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y35f7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y35f8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y35f9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y35fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y35fb ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xd39 h1b y35fc ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xd3a h1b y35fd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x593 h1b y35fe ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y35ff ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3600 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3601 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3602 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3603 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3604 w6bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _16c\"> </span></div></td><td class=\"c n xd3b y3604 w6be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">73,66<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3c y3604 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3d y3604 w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59</div></td><td class=\"c n xd3e y3604 w18b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">73<span class=\"_ _0\"></span>,729</div></td><td class=\"c n xd3f y3604 w6bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _c\"></span>,599<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd40 y3604 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3604 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">36</div></td><td class=\"c n xd41 y3604 w6c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">8<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _b\"> </span>4<span class=\"_ _b\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3605 w6c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _6e\"> </span></div></td><td class=\"c n xd42 y3605 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd43 y3605 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd44 y3605 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd45 y3605 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd46 y3605 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y3605 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y3605 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd47 y3605 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3606 w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3b y3606 w6be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">73,66<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3c y3606 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3d y3606 w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59</div></td><td class=\"c n xd3e y3606 w18b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">73<span class=\"_ _0\"></span>,729</div></td><td class=\"c n xd3f y3606 w6bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">87<span class=\"_ _c\"></span>,599<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd40 y3606 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y3606 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">36</div></td><td class=\"c n xd41 y3606 w6c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">8<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _b\"> </span>4<span class=\"_ _b\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3607 w6c3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Insurance revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd48 y3607 w6c4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">(6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>612<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd49 y3607 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd4a y3607 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd4b y3607 w6c5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>612<span class=\"_ _0\"></span>)</div></td><td class=\"c n xd4c y3607 w6c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd4d y3607 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3c y3607 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd4e y3607 w6c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5,7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3608 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3609 w6c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd4f y3609 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd50 y3609 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd51 y3609 w6c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd52 y3609 w697 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc96 y3609 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc97 y3609 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd53 y3609 w6ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">4,562<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x61a y3609 w6ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">4,562<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y360a ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y360b w6c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd54 y360b w6cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd55 y360b w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd56 y360b w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd57 y360b w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd58 y360b wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd59 y360b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5a y360b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5b y360b w6a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y360c w6cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>ate to pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _153\"> </span></div></td><td class=\"c n xd5c y360c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5d y360c w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5e y360c w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5f y360c w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y360c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y360c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd60 y360c we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd61 y360c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y360d ff11c fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>al of los<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>n one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y360e w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd62 y360e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd63 y360e w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd64 y360e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd65 y360e w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd66 y360e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd67 y360e w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd68 y360e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd69 y360e w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y360f w6cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance service expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6a y360f w6cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6b y360f w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6c y360f w6d0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6d y360f w6d1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">5,2<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6e y360f wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6f y360f w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd70 y360f wc1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">4<span class=\"_ _0\"></span>,564<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd71 y360f w65c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3610 w6d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance service result<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd72 y3610 w6d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>93<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd73 y3610 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd74 y3610 w6d4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>19</div></td><td class=\"c n xd75 y3610 w63f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>)</div></td><td class=\"c n xd76 y3610 w6d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb41 y3610 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd77 y3610 wc1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">4,56<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd78 y3610 w6a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3611 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>expenses/<span class=\"_ _3\"></span>(income<span class=\"_ _3\"></span>) f<span class=\"_ _3\"></span>rom in<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3612 w6d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd79 y3612 w6d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7a y3612 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7b y3612 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7c y3612 w6d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>41</div></td><td class=\"c n xd7d y3612 w6d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7e y3612 w3cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y3612 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd80 y3612 w4dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">(1<span class=\"_ _c\"></span>8,945)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3613 w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _f8\"> </span></div></td><td class=\"c n xd81 y3613 w6da h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(328)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd82 y3613 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd83 y3613 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd84 y3613 w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd85 y3613 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">537<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd86 y3613 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd87 y3613 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd88 y3613 w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">540<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3614 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd89 y3614 w6dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">(<span class=\"_ _3\"></span>1,<span class=\"_ _3\"></span>080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8a y3614 w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8b y3614 w6de h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>218<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8c y3614 w200 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5</div></td><td class=\"c n xd8d y3614 w6df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _b\"></span>,115<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8e y3614 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8f y3614 w6e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">4,566</div></td><td class=\"c n xd90 y3614 w6e1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3615 w6e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> components<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd91 y3615 w6e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd92 y3615 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd93 y3615 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">399<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd94 y3615 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd95 y3615 w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd96 y3615 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd97 y3615 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">471<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y3615 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3616 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3617 w6e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ved<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd98 y3617 w6c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">1<span class=\"_ _c\"></span>4,5<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd99 y3617 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd9a y3617 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xd9b y3617 w6c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">1<span class=\"_ _c\"></span>4,5<span class=\"_ _0\"></span>35</div></td><td class=\"c n xd9c y3617 w6e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb89 y3617 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y3617 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd9d y3617 w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">10<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3618 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ed w6e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd9e y31ed w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3c y31ed w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd9f y31ed w6e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>5,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)</div></td><td class=\"c n xda0 y31ed w6e9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda1 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda2 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda3 y31ed w6ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>14)</div></td><td class=\"c n xda4 y31ed w6eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w6ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xda5 y31ee w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda6 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda7 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda8 y31ee w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda9 y31ee w6ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdaa y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb42 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x30e y31ee w6ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdab y31ef w1e7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdac y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdad y31ef w50 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdae y31ef w6ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">8,<span class=\"_ _0\"></span>842</div></td><td class=\"c n xdaf y31ef w4f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x837 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb0 y31ef w6f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>14)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb1 y31ef w6f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">5<span class=\"_ _0\"></span>,637<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w6f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _13b\"> </span></div></td><td class=\"c n xdb2 y3225 w6f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">86,6<span class=\"_ _0\"></span>30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb3 y3225 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb4 y3225 w6f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">73</div></td><td class=\"c n xdb5 y3225 w6f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>6,70<span class=\"_ _0\"></span>6</div></td><td class=\"c n xdb6 y3225 we6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">73,664<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb7 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb8 y3225 w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">59</div></td><td class=\"c n xdb9 y3225 w6f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">73,729<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w6f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xdba y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdbb y31cc w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdbc y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdbd y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdbe y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdbf y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc1 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc2 y312a w6f9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">86,630<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc3 y312a w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc4 y312a w6f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">73</div></td><td class=\"c n xdc5 y312a w6b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">8<span class=\"_ _0\"></span>6,70<span class=\"_ _0\"></span>6</div></td><td class=\"c n xdc6 y312a we6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">73,664<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc7 y312a w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc8 y312a w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">59</div></td><td class=\"c n xdc9 y312a w6fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">73,729<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs728\">(b) Rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3a6\"> </span></div><div class=\"gs729\"><table class=\"s w6fb h18d\" id=\"_514667ac-5536-456f-a832-2d3ab6d68a3f\"><tr><td></td><td></td><td class=\"t m1 xa73 h1b y3619 ff11a fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td><td></td><td class=\"t m1 x458 h11 y361a ff11c fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xdca h1b y361b ff11a fs2 fc0 sc0 ls35 ws42\">adjustment </td><td></td><td></td><td></td><td class=\"t m1 x6c6 h11 y361c ff11c fs2 fc0 sc0 ls3a ws46\">adjustment </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xdcb h1b y361d ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3\"></span> </td><td class=\"t m1 xdcc h1b y361e ff11a fs2 fc0 sc0 ls4 ws3\">fo<span class=\"_ _0\"></span>r </td><td></td><td></td><td class=\"t m1 x2c2 h11 y361f ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e </td><td class=\"t m1 xdcd h11 y3620 ff11c fs2 fc0 sc0 ls4 ws3\">for </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xdce h1b y3621 ff11a fs2 fc0 sc0 ls4 ws3\">of f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>h </td><td class=\"t m1 xdcf h1b y3622 ff11e fs2 fc0 sc0 ls114 wsa1\">non-financial </td><td></td><td></td><td class=\"t m1 xdd0 h11 y3623 ff11c fs2 fc0 sc0 ls4 ws3\">of fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>sh </td><td class=\"t m1 xdd1 h11 y3624 ff11c fs2 fc0 sc0 ls34 ws41\">non-<span class=\"_ _0\"></span>financial<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xdd2 h1b y3625 ff11e fs2 fc0 sc0 ls4 ws3\">flow<span class=\"_ _0\"></span>s<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xdd3 h1b y3626 ff11e fs2 fc0 sc0 ls3a ws46\">risk<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x403 h1b y3627 ff11e fs2 fc0 sc0 ls4 ws3\">CS<span class=\"_ _0\"></span>M<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x407 h1b y3628 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3629 ff11c fs2 fc0 sc0 ls116 ws123\">flows<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd4 h11 y362a ff11c fs2 fc0 sc0 ls35 ws42\">risk<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x451 h11 y362b ff11f fs2 fc0 sc0 ls189 ws1a9\">CSM<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x226 h11 y362c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h1b y362d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fb h1b y362e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98d h1b y362f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3630 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3631 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3632 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3633 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x226 h11 y3634 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xdd5 h1b y3635 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa76 h1b y3636 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3637 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3638 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y3639 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y363a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y363b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x228 h11 y363c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y363d w6bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _16c\"> </span></div></td><td class=\"c n xd3b y363d w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">60,4<span class=\"_ _0\"></span>48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdd6 y363d w2c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,75<span class=\"_ _0\"></span>3</div></td><td class=\"c n xdd7 y363d w6fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8</div></td><td class=\"c n xdd8 y363d w18b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">73<span class=\"_ _0\"></span>,729</div></td><td class=\"c n xdd9 y363d w6fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdda y363d w6fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301</div></td><td class=\"c n xddb y363d w130 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xddc y363d w6c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">8<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _b\"> </span>4<span class=\"_ _b\"> </span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y363e w6c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _6e\"> </span></div></td><td class=\"c n xd42 y363e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddd y363e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdde y363e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddf y363e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde0 y363e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y363e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y363e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xde1 y363e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y363f w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd3b y363f w16b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">60,4<span class=\"_ _0\"></span>48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdd6 y363f w2c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,75<span class=\"_ _0\"></span>3</div></td><td class=\"c n xdd7 y363f w6fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8</div></td><td class=\"c n xdd8 y363f w18b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">73<span class=\"_ _0\"></span>,729</div></td><td class=\"c n xdd9 y363f w6fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdda y363f w6fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301</div></td><td class=\"c n xddb y363f w130 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8</div></td><td class=\"c n xddc y363f w6ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">8<span class=\"_ _6\"></span>7,<span class=\"_ _b\"></span>6<span class=\"_ _6\"></span>4</div></td><td class=\"c n xde2 y363f w700 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3640 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3641 w701 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xde3 y3641 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde4 y3641 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde5 y3641 w702 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde6 y3641 w703 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(94<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb82 y3641 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde7 y3641 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde8 y3641 w704 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xde9 y3641 w705 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3642 w706 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdea y3642 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdeb y3642 w20c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb86 y3642 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdec y3642 w20c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xded y3642 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdee y3642 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdef y3642 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xdf0 y3642 w20c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(35<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3643 w707 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Experience adjustments<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xdf1 y3643 w708 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf2 y3643 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf3 y3643 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf4 y3643 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf5 y3643 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y3643 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y3643 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xdf7 y3643 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3644 w709 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf8 y3644 w385 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf9 y3644 w70a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdfa y3644 w70b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(94<span class=\"_ _6\"></span>3)</div></td><td class=\"c n xdfb y3644 w70c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>39<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf5 y3644 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdfc y3644 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdfd y3644 w705 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xdfe y3644 w70d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1,12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3645 ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3646 w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _13a\"> </span></div></td><td class=\"c n xdff y3646 w63e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe00 y3646 w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe01 y3646 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe02 y3646 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe03 y3646 w6ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe04 y3646 w665 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe05 y3646 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe06 y3646 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3647 w70f h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of loss<span class=\"_ _0\"></span>es on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts</div></td><td class=\"c n xe07 y3647 w710 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\"><span class=\"_ gs3ae\"> </span><span class=\"_ _8f\"> </span><span class=\"ff11a lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n xe08 y3647 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe09 y3647 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe0a y3647 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe0b y3647 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe0c y3647 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe0d y3647 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe0e y3647 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3648 w711 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe0f y3648 w712 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe10 y3648 w5a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">4<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe11 y3648 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">854<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe12 y3648 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe13 y3648 w6ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>61)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6c y3648 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe14 y3648 w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">55<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe15 y3648 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3649 w713 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe16 y3649 w4df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe17 y3649 w714 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe18 y3649 w715 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">2<span class=\"_ _0\"></span>,459<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe19 y3649 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)</div></td><td class=\"c n xe1a y3649 w716 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,7<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe1b y3649 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe1c y3649 w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe1d y3649 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y364a ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to pas<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364b w717 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Claims <span class=\"_ _3\"></span>variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe1e y364b w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe1f y364b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe20 y364b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe21 y364b w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe22 y364b w718 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe23 y364b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe24 y364b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe25 y364b w718 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y364c w6d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance service result<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd72 y364c w719 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,024<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe26 y364c w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe27 y364c w71a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe28 y364c w64f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>)</div></td><td class=\"c n xe29 y364c w71b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe2a y364c w71c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(25<span class=\"_ _6\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe2b y364c wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">924<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe2c y364c w71d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1,1<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y364d ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>expenses/<span class=\"_ _3\"></span>(income<span class=\"_ _3\"></span>) f<span class=\"_ _3\"></span>rom in<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364e w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xe2d y364e w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">5<span class=\"_ _0\"></span>,17<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe17 y364e w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe2e y364e w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">324<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe2f y364e w568 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>41</div></td><td class=\"c n xe30 y364e w3ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">(1<span class=\"_ _c\"></span>7<span class=\"_ _c\"></span>,888)</div></td><td class=\"c n xe31 y364e w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe32 y364e wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">246<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe33 y364e w4dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">(1<span class=\"_ _c\"></span>8,945)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y364f w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _13b\"> </span></div></td><td class=\"c n xe34 y364f w71f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(310)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe35 y364f w720 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe36 y364f w20b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe37 y364f w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(33<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe38 y364f w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">5<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe39 y364f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe3a y364f w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe3b y364f w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">540<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3650 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe3c y3650 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe3d y3650 w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">468<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe3e y3650 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe3f y3650 w416 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5</div></td><td class=\"c n xe40 y3650 w721 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)</div></td><td class=\"c n xe41 y3650 w165 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe42 y3650 w309 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe43 y3650 w722 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3651 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3652 w723 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _1c2\"> </span></div></td><td class=\"c n xe44 y3652 w724 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">1<span class=\"_ _c\"></span>4,535<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe45 y3652 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5be y3652 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xe46 y3652 w725 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">1<span class=\"_ _3\"></span>4,535</div></td><td class=\"c n xe47 y3652 w726 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe48 y3652 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y3652 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe49 y3652 w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">10<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3653 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3654 w6e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4a y3654 w727 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(5,<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4b y3654 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4c y3654 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4d y3654 w6e9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)</div></td><td class=\"c n xe4e y3654 w6eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y3654 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe4f y3654 w606 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3655 w6ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xda5 y3655 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe50 y3655 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe51 y3655 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe52 y3655 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe53 y3655 w728 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(65<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y3655 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y3655 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe54 y3655 w6ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3656 w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe55 y3656 w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">8,842<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe56 y3656 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe57 y3656 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe58 y3656 w6ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">8,<span class=\"_ _0\"></span>842<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe59 y3656 w729 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">5<span class=\"_ _0\"></span>,6<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe5a y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b4 y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x6bd y3656 w6f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">5<span class=\"_ _0\"></span>,637<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3657 w6f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _1d6\"> </span></div></td><td class=\"c n xe5b y3657 w72a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">7<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe5c y3657 w4bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,22<span class=\"_ _3\"></span>1</div></td><td class=\"c n xe5d y3657 w460 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>52</div></td><td class=\"c n xe5e y3657 w72b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">86<span class=\"_ _0\"></span>,706</div></td><td class=\"c n xe5f y3657 w6f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _0\"></span>0,4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe60 y3657 w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>75<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe61 y3657 w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe62 y3657 w6fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">73,729<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3658 w6f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xdba y3658 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y3658 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y3658 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe63 y3658 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe64 y3658 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe65 y3658 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y3658 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe66 y3658 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y30eb w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe67 y30eb w72c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">71<span class=\"_ _0\"></span>,13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe68 y30eb w4bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,22<span class=\"_ _3\"></span>1</div></td><td class=\"c n xe69 y30eb w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2</div></td><td class=\"c n xe6a y30eb w72d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">86<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>6</div></td><td class=\"c n xe6b y30eb w72e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">60,4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe6c y30eb w66d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,75<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe6d y30eb w428 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n xe6e y30eb w6fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">73,729<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs72b\">(c<span class=\"_ _c\"></span>) Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div><div class=\"gs72c\"><table class=\"s w72f h18e\" id=\"_095555c0-d599-4cc2-bb83-8ea5542807b8\"><tr><td></td><td></td><td></td><td class=\"c n xe6f y3659 w730 h13d\"><div class=\"t m1 x1e4 h11 y323c ff11e fs2 fc0 sc0 ls4 ws3\">Of w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n xe70 y365a w731 h145\"><div class=\"t m1 x1e4 h11 y323e ff11c fs2 fc0 sc0 ls4 ws3\">Of whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x341 h1b y365b ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal impact </td><td></td><td></td><td class=\"t m1 xe71 h11 y365c ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc26 h1b y365d ff11a fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s </td><td class=\"t m1 xc29 h1b y365e ff11a fs2 fc0 sc0 ls115 ws8d\">T<span class=\"_ _c\"></span>ransfers or </td><td class=\"t m1 x63b h1b y365f ff11a fs2 fc0 sc0 ls35 ws42\">Onerous </td><td class=\"t m1 x67f h11 y3660 ff11c fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s </td><td class=\"t m1 xc2e h11 y3661 ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s or </td><td class=\"t m1 xe72 h11 y3662 ff11c fs2 fc0 sc0 ls4 ws3\">On<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us </td></tr><tr><td></td><td class=\"t m1 xe73 h1b y3663 ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x91f h1b y3664 ff11a fs2 fc0 sc0 ls35 ws42\">business </td><td class=\"t m1 xc2d h1b y3665 ff11a fs2 fc0 sc0 ls115 ws8d\">contracts </td><td class=\"t m1 x34a h11 y3666 ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x241 h11 y3667 ff11c fs2 fc0 sc0 ls10b ws59\">business </td><td class=\"t m1 xe74 h11 y3668 ff11c fs2 fc0 sc0 ls34 ws41\">contracts </td></tr><tr><td></td><td class=\"t m1 xe75 h1b y3669 ff11e fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xe76 h1b y366a ff11e fs2 fc0 sc0 ls115 ws8d\">acquisitions<span class=\"_ _c\"></span><span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xe77 h1b y366b ff11e fs2 fc0 sc0 ls35 ws42\">issued<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x70e h11 y366c ff11c fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y366d ff11c fs2 fc0 sc0 ls132 ws12c\">acquisitions<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h11 y366e ff11f fs2 fc0 sc0 ls149 ws6c\">issued<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y366f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y3670 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y3671 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y3672 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3673 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3674 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3675 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3676 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3677 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3678 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3679 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y367a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y367b ff11e fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h out<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s<span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ec w6ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xe78 y31ec w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">90<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddf y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe79 y31ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7a y31ec w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">65<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7b y31ec w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x814 y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w732 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _19f\"> </span></div></td><td class=\"c n xe7c y31ed w733 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7d y31ed w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7e y31ed w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7f y31ed w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">9<span class=\"_ _0\"></span>,13<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb32 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb33 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w734 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h out<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe80 y31ee w735 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">13,298<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe81 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe82 y31ee w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe83 y31ee w12d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe84 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w736 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe85 y31ef w737 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe86 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd46 y31ef w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n xe87 y31ef w738 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>10<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>61)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe88 y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe89 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w739 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _11b\"> </span></div></td><td class=\"c n xe8a y3225 w73a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8b y3225 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8c y3225 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8d y3225 w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8e y3225 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8f y3225 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w73b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">CSM<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xe90 y31cc w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">854<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2f y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe91 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe92 y31cc w73c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">55<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w73d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws12\">Increase in<span class=\"_ _3\"></span> insurance contract<span class=\"_ _3\"></span> liabilities<span class=\"_ _3\"></span> from contracts recogni<span class=\"_ _3\"></span>sed in the<span class=\"_ _3\"></span> year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe93 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe94 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x909 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe95 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe96 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe97 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs72d\">(d) Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _0\"></span><span class=\"_ gs3a6\"> </span></div><div class=\"gs72e\"><table class=\"s w2ff h18f\" id=\"_4c29cf2c-ae3c-4bfb-a01b-1e876dafbf1b\"><tr><td></td><td class=\"t m1 xd2d h1b y367c ff11a fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td><td class=\"t m1 xd2e h11 y367d ff11c fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe98 h1b y367e ff11a fs2 fc0 sc0 ls115 ws8d\">contracts and<span class=\"_ _3\"></span> </td><td class=\"t m1 x339 h1b y367f ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td></td><td class=\"t m1 xe99 h11 y3680 ff11c fs2 fc0 sc0 ls4 ws3\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d </td><td class=\"t m1 xc25 h11 y3681 ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe9a h1b y3682 ff11a fs2 fc0 sc0 ls115 ws8d\">contracts </td><td class=\"t m1 x339 h1b y3683 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 xc22 h1b y3684 ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td class=\"t m1 xc2d h11 y3685 ff11c fs2 fc0 sc0 ls34 ws41\">contracts </td><td class=\"t m1 xc25 h11 y3686 ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 xe9b h11 y3687 ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td></tr><tr><td></td><td class=\"t m1 x869 h1b y3688 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 x339 h1b y3689 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 xc22 h1b y368a ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td></td><td class=\"t m1 x53e h11 y368b ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 xe9c h11 y368c ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 xe9b h11 y368d ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td></td></tr><tr><td></td><td class=\"t m1 xd31 h1b y368e ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 x865 h1b y368f ff11e fs2 fc0 sc0 ls34 ws41\">modified </td><td class=\"t m1 xe73 h1b y3690 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r </td><td></td><td class=\"t m1 xe9d h11 y3691 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 xe9e h11 y3692 ff11c fs2 fc0 sc0 ls35 ws42\">modified </td><td class=\"t m1 xe9f h11 y3693 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir </td><td></td></tr><tr><td></td><td class=\"t m1 xd31 h1b y3694 ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 xea0 h1b y3695 ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 xea1 h1b y3696 ff11a fs2 fc0 sc0 ls4 ws3\">val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e </td><td></td><td class=\"t m1 x349 h11 y3697 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 x34a h11 y3698 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 x1e0 h11 y3699 ff11c fs2 fc0 sc0 ls4 ws3\">val<span class=\"_ _0\"></span>ue </td><td></td></tr><tr><td></td><td class=\"t m1 xea2 h1b y369a ff11a fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xea3 h1b y369b ff11a fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x347 h1b y369c ff11a fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y369d ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2d h11 y369e ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y369f ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y36a0 ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y36a1 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y36a2 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y36a3 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y36a4 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y36a5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y36a6 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y36a7 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y36a8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y36a9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y36aa ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y36ab ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y36ac ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y36ad ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y36ae ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y36af ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y36b0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y36b1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y36b2 w73e h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">Insurance rev<span class=\"_ _3\"></span>enue<span class=\"_ gs3ad\"> </span></div></td><td class=\"c n xea4 y36b2 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xea5 y36b2 w73f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xea6 y36b2 w740 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xea7 y36b2 w741 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>61<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcad y36b2 w53b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">75<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xea8 y36b2 w6a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,069<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xea9 y36b2 w158 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeaa y36b2 w742 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _0\"></span>,722<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3615 w743 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">CS<span class=\"_ _0\"></span>M as at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span><span class=\"_ _13f\"> </span></div></td><td class=\"c n xeab y3615 w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeac y3615 w744 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">5,6<span class=\"_ _0\"></span>59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xead y3615 w745 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">4,42<span class=\"_ _0\"></span>7</div></td><td class=\"c n xeae y3615 w4c7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeaf y3615 w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">729<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb0 y3615 wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">5,<span class=\"_ _0\"></span>635<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb1 y3615 w746 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb2 y3615 w747 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y36b3 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3617 w701 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xeb3 y3617 w748 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb4 y3617 w749 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>96)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb5 y3617 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb6 y3617 w702 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb7 y3617 w3cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb8 y3617 w17c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(3<span class=\"_ _0\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeb9 y3617 w665 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeba y3617 w705 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y36b4 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> ser<span class=\"_ _0\"></span>vice<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y36b5 w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _17d\"> </span></div></td><td class=\"c n xebb y36b5 w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">228<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xebc y36b5 w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">408<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xebd y36b5 w647 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">969<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xebe y36b5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x75c y36b5 w74a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xebf y36b5 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec0 y36b5 wbd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">691<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec1 y36b5 w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1,13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36b6 w74b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xec2 y36b6 w74c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">85<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x551 y36b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec3 y36b6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec4 y36b6 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">854<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeaf y36b6 w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">553<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec5 y36b6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec6 y36b6 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec7 y36b6 w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">55<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y36b7 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>expenses/<span class=\"_ _3\"></span>(income<span class=\"_ _3\"></span>) f<span class=\"_ _3\"></span>rom in<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31cb w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xec8 y31cb w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">65<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec9 y31cb w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeca y31cb w77 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecb y31cb w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">324<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecc y31cb w74d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecd y31cb w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xece y31cb w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">77<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecf y31cb wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _f5\"> </span></div></td><td class=\"c n xed0 y31cc w720 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed1 y31cc w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed2 y31cc w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed3 y31cc w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed4 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed5 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed6 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed7 y31cc w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w74e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">CS<span class=\"_ _0\"></span>M a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed8 y312a w568 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed9 y312a w74f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">5<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab6 y312a w5af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">5<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0</div></td><td class=\"c n xeda y312a w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xedb y312a w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xedc y312a w750 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">5,659<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xedd y312a w751 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4,<span class=\"_ _0\"></span>427</div></td><td class=\"c n xede y312a w752 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5d ws68 gs730\">(iv<span class=\"_ _3\"></span>) Annuities \u2013<span class=\"_ _3\"></span> Reinsurance contracts held<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs731\">(a<span class=\"_ _c\"></span>) Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge an<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs732\"><table class=\"s w753 h190\" id=\"_519bc4f4-3b19-42f3-823d-0418ff6a694e\"><tr><td></td><td></td><td class=\"c n xedf y36b8 w754 h13d\"><div class=\"t m1 x1e4 h11 y323c ff11a fs2 fc0 sc0 ls35 ws42\">Asset for<span class=\"_ _3\"></span> remaining co<span class=\"_ _3\"></span>verage<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n xee0 y36b9 w755 h145\"><div class=\"t m1 x1e4 h11 y323e ff11c fs2 fc0 sc0 ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xee1 h1b y36ba ff11a fs2 fc0 sc0 ls35 ws42\" colspan=\"2\">Excluding </td><td class=\"t m1 x2c0 h1b y36bb ff11a fs2 fc0 sc0 ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r </td><td></td><td class=\"t m1 x400 h11 y36bc ff11c fs2 fc0 sc0 ls10b ws59\" colspan=\"2\">Excluding </td><td class=\"t m1 xee2 h11 y36bd ff11c fs2 fc0 sc0 ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r </td><td></td></tr><tr><td></td><td class=\"t m1 xee3 h1b y36be ff11a fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 xee4 h1b y36bf ff11a fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 xee5 h1b y36c0 ff11a fs2 fc0 sc0 ls4 ws3\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </td><td></td><td class=\"t m1 x2c2 h11 y36c1 ff11c fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 xee6 h11 y36c2 ff11c fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 x5b5 h11 y36c3 ff11c fs2 fc0 sc0 ls172 ws18f\">incurred<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td></tr><tr><td></td><td class=\"t m1 xee7 h1b y36c4 ff11a fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdca h1b y36c5 ff11e fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xee8 h1b y36c6 ff11a fs2 fc0 sc0 ls132 ws12c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y36c7 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee9 h11 y36c8 ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c6 h11 y36c9 ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs726\"> </span></td><td class=\"t m1 xeea h11 y36ca ff11c fs2 fc0 sc0 ls149 ws6c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y36cb ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h1b y36cc ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fb h1b y36cd ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98d h1b y36ce ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y36cf ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y36d0 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y36d1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y36d2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y36d3 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xdd5 h1b y36d4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa76 h1b y36d5 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y36d6 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y36d7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y36d8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y36d9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y36da ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y36db ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y36dc w756 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _f5\"> </span></div></td><td class=\"c n xeeb y36dc wf6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeec y36dc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeed y36dc w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeee y36dc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeef y36dc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef0 y36dc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef1 y36dc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe9 y36dc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36dd w757 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _196\"> </span></div></td><td class=\"c n xef2 y36dd w758 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>459<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef3 y36dd w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef4 y36dd w759 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef5 y36dd w24c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">2<span class=\"_ _0\"></span>,495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef6 y36dd w75a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa37 y36dd w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef7 y36dd w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x82d y36dd wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36de w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef8 y36de w75b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _0\"></span>,458<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef9 y36de w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y36de w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xefa y36de w24c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">2<span class=\"_ _0\"></span>,495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xefb y36de w75a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xefc y36de we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xefd y36de w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xefe y36de wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36df w75c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Allocation of<span class=\"_ _3\"></span> reinsurance premium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeff y36df w75d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf00 y36df w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf01 y36df w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf02 y36df w75e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>)</div></td><td class=\"c n xf03 y36df w75f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y36df w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf04 y36df w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf05 y36df w6a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y36e1 w760 h191\"><div class=\"t m1 x1e4 he y36e0 ff11a fs6 fc0 sc0 ls4 wsd\">Amount recoverable<span class=\"_ _3\"></span> from reinsurers for<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">incurred claims<span class=\"_ gs3ad\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y36e2 w761 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf06 y36e2 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf07 y36e2 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca0 y36e2 w697 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf08 y36e2 w762 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>416<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe91 y36e2 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf09 y36e2 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0a y36e2 wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5a9 y36e2 w532 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">2<span class=\"_ _0\"></span>,057<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36e3 w6cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>ate to pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _153\"> </span></div></td><td class=\"c n xd5c y36e3 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0b y36e3 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0c y36e3 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0d y36e3 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0e y36e3 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0f y36e3 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y36e3 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf10 y36e3 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y36e4 w763 h136\"><div class=\"t m1 x1e4 ha y3113 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf11 y36e4 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf12 y36e4 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf13 y36e4 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe86 y36e4 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd46 y36e4 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y36e4 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y36e4 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd47 y36e4 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y36e5 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>y of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s \u2013 </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y36e6 w764 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to loss re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf14 y36e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf15 y36e6 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf16 y36e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf17 y36e6 wf6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba7 y36e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf18 y36e6 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf19 y36e6 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1a y36e6 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36e7 w765 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ri<span class=\"_ _0\"></span>sk of re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1b y36e7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1c y36e7 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf3 y36e7 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1d y36e7 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1e y36e7 w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1f y36e7 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y36e7 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf20 y36e7 w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y36e8 w760 h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">Amount recoverable<span class=\"_ _3\"></span> from reinsurers for<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">incurred claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf21 y36e8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf22 y36e8 w767 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf23 y36e8 w768 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>415<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf24 y36e8 w697 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf25 y36e8 w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf26 y36e8 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf27 y36e8 wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeaa y36e8 w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,052<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y36e9 ff11a fs6 fc0 sc0 ls13 ws12\">Net (<span class=\"_ _c\"></span>expenses)<span class=\"_ _3\"></span>/income from<span class=\"_ _3\"></span> reinsurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y36ea w769 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf28 y36ea w76a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf29 y36ea wf6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf2a y36ea w76b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>415<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf2b y36ea w76c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2)</div></td><td class=\"c n xf2c y36ea w76d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf2d y36ea w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf2e y36ea wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf2f y36ea w138 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36eb w76e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me fr<span class=\"_ _0\"></span>om re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf30 y36eb w647 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">625<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0b y36eb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0c y36eb w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf31 y36eb w38c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">625<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf32 y36eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf33 y36eb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf34 y36eb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf35 y36eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36ec w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _301\"> </span></div></td><td class=\"c n xf36 y36ec w3af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(25<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf37 y36ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf38 y36ec w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf39 y36ec w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3a y36ec w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3b y36ec w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3c y36ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed7 y36ec w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y36ed w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3d y36ed w76f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">(<span class=\"_ _3\"></span>2,246<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3e y36ed w767 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3f y36ed w770 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>415<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf40 y36ed w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf41 y36ed w431 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd6f y36ed w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf42 y36ed w6a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2,<span class=\"_ _0\"></span>058<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf43 y36ed w771 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3650 w6e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> components<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf44 y3650 w720 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf45 y3650 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf46 y3650 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf47 y3650 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf48 y3650 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf49 y3650 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd87 y3650 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4a y3650 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y36ee ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y36ef w772 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms ne<span class=\"_ _0\"></span>t of com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4b y36ef w75b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4,46<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4c y36ef w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y36ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4d y36ef w773 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4,464<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4e y36ef w5e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _6\"></span>,18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3b y36ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf3c y36ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4f y36ef w5e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _6\"></span>,18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3654 w774 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf50 y3654 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf51 y3654 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf52 y3654 w775 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>8)</div></td><td class=\"c n xf53 y3654 w775 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf54 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf55 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x530 y3654 w776 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4)</div></td><td class=\"c n xf56 y3654 w776 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36f0 w777 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n cash fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf21 y36f0 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf57 y36f0 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf58 y36f0 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf59 y36f0 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y36f0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y36f0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5a y36f0 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y36f0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36f1 w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe55 y36f1 w3df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">4,<span class=\"_ _0\"></span>473<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8b y36f1 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5c y36f1 w778 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5d y36f1 w779 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2,095<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c6 y36f1 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _6\"></span>,18<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5e y36f1 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5f y36f1 w6c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf60 y36f1 w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1,14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36f2 w77a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _304\"> </span></div></td><td class=\"c n xf61 y36f2 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf62 y36f2 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf63 y36f2 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf64 y36f2 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf65 y36f2 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd96 y36f2 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf66 y36f2 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y36f2 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3658 w77b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf67 y3658 w59a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">4,682<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf68 y3658 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf69 y3658 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6a y3658 w77c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4,<span class=\"_ _0\"></span>758<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6b y3658 w326 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">2<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xacd y3658 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb9 y3658 wde h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c8 y3658 w65c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>495<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y30eb w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6c y30eb w77d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">4,6<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6d y30eb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6e y30eb w20e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6f y30eb wd8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf70 y30eb w6a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls28 ws31\">2,458<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf71 y30eb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf72 y30eb w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf73 y30eb w65c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>495<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs734\">(b) Rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"gs729\"><table class=\"s w77e h192\" id=\"_a629684c-872a-458d-9f84-39acc7408c43\"><tr><td></td><td></td><td class=\"t m1 xd38 h1b y36f3 ff11a fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td><td></td><td class=\"t m1 xf74 h11 y36f4 ff11c fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xf75 h1b y36f5 ff11a fs2 fc0 sc0 ls35 ws42\">adjustment </td><td></td><td></td><td></td><td class=\"t m1 x952 h11 y36f6 ff11c fs2 fc0 sc0 ls3a ws46\">adjustment </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe98 h1b y36f7 ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3\"></span> </td><td class=\"t m1 xf76 h1b y36f8 ff11a fs2 fc0 sc0 ls4 ws3\">fo<span class=\"_ _0\"></span>r </td><td></td><td></td><td class=\"t m1 x349 h11 y36f9 ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e </td><td class=\"t m1 x1ef h11 y36fa ff11c fs2 fc0 sc0 ls4 ws3\">for </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe98 h1b y36fb ff11a fs2 fc0 sc0 ls4 ws3\">of f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>h </td><td class=\"t m1 xf77 h1b y36fc ff11e fs2 fc0 sc0 ls114 wsa1\">non-financial </td><td></td><td></td><td class=\"t m1 xe99 h11 y36fd ff11c fs2 fc0 sc0 ls4 ws3\">of fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>sh </td><td class=\"t m1 xc28 h11 y36fe ff11c fs2 fc0 sc0 ls34 ws41\">non-<span class=\"_ _0\"></span>financial<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x345 h1b y36ff ff11e fs2 fc0 sc0 ls4 ws3\">flow<span class=\"_ _0\"></span>s<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x91b h1b y3700 ff11e fs2 fc0 sc0 ls3a ws46\">risk<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xf78 h1b y3701 ff11e fs2 fc0 sc0 ls4 ws3\">CS<span class=\"_ _0\"></span>M<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x56b h1b y3702 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h11 y3703 ff11c fs2 fc0 sc0 ls116 ws123\">flows<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3704 ff11c fs2 fc0 sc0 ls35 ws42\">risk<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f7 h11 y3705 ff11f fs2 fc0 sc0 ls189 ws1a9\">CSM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3706 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y3707 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y3708 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y3709 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y370a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y370b ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y370c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y370d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y370e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y370f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y3710 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y3711 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3712 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3713 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3714 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3715 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3716 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3717 w756 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _303\"> </span></div></td><td class=\"c n xf79 y3717 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf68 y3717 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf7a y3717 w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf7b y3717 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf7c y3717 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb89 y3717 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y3717 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y3717 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3718 w757 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _304\"> </span></div></td><td class=\"c n xf7d y3718 w77f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf7e y3718 w4be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">8<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf7f y3718 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf80 y3718 w780 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">2<span class=\"_ _0\"></span>,49<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf81 y3718 w781 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf82 y3718 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf83 y3718 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bb y3718 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3719 w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf84 y3719 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf85 y3719 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">825<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb64 y3719 w782 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,70<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf86 y3719 w783 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">2<span class=\"_ _0\"></span>,495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf87 y3719 w784 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc88 y3719 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x838 y3719 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf88 y3719 w2b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y371a ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y371b w785 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _131\"> </span></div></td><td class=\"c n xf89 y371b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf8a y371b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf8b y371b w786 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf8c y371b w786 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd66 y371b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y371b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf8d y371b we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb6f y371b we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y371c w787 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>sk for ri<span class=\"_ _0\"></span>sk ex<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf8e y371c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf8f y371c w788 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf90 y371c w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf91 y371c w63 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(19<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y371c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf92 y371c w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(16<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf93 y371c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf94 y371c wd4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y371d w707 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Experience adjustments<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf95 y371d w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>81)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf96 y371d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf97 y371d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf98 y371d w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf99 y371d w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9a y371d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb47 y371d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9b y371d w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y371e w709 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9c y371e w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9d y371e w789 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9e y371e w786 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9f y371e w78a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf25 y371e w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa0 y371e w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(16<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa1 y371e we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa2 y371e w13d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y371f ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3720 w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _e8\"> </span></div></td><td class=\"c n xfa3 y3720 w78b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(90<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa4 y3720 w759 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa5 y3720 w38a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">859<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa6 y3720 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa7 y3720 w58b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>38<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa8 y3720 w78c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x71a y3720 wf2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">565<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa9 y3720 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3721 w70f h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of loss<span class=\"_ _0\"></span>es on un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g one<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3646 w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xfaa y3646 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfab y3646 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfac y3646 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfad y3646 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfae y3646 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfaf y3646 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb0 y3646 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb1 y3646 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3722 w711 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb2 y3722 w78d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb3 y3722 w78e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb4 y3722 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(90<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8c y3722 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb5 y3722 w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb6 y3722 w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">213<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb7 y3722 w395 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb8 y3722 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36e6 w713 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb9 y36e6 w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,0<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfba y36e6 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">3<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfbb y36e6 w78f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">769<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfbc y36e6 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfbd y36e6 w665 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(52<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfbe y36e6 wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">86<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c5 y36e6 wad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4<span class=\"_ _0\"></span>38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfbf y36e6 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3723 ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to pas<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3724 w717 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Claims <span class=\"_ _3\"></span>variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc0 y3724 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc1 y3724 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc2 y3724 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe63 y3724 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc3 y3724 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd20 y3724 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f3 y3724 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc4 y3724 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3725 w765 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ri<span class=\"_ _0\"></span>sk of re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1b y3725 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1c y3725 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf3 y3725 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1d y3725 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1e y3725 w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1f y3725 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y3725 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf20 y3725 w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3726 ff11a fs6 fc0 sc0 ls13 ws12\">Net (<span class=\"_ _c\"></span>expenses)<span class=\"_ _3\"></span>/income from<span class=\"_ _3\"></span> reinsurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364c w769 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc5 y364c w632 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(1<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc6 y364c w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc7 y364c wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">613<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc8 y364c w76c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfc9 y364c w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfca y364c w790 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfcb y364c w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">339<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfcc y364c w166 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3727 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>income/(<span class=\"_ _c\"></span>expenses<span class=\"_ _3\"></span>) fr<span class=\"_ _3\"></span>om rein<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364e w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xfcd y364e w791 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">417<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfce y364e w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfcf y364e w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd0 y364e w49d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">625<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd1 y364e wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">585<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd2 y364e wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd3 y364e w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd4 y364e w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y364f w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _301\"> </span></div></td><td class=\"c n xf36 y364f w3af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd5 y364f w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd6 y364f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd7 y364f w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd8 y364f w681 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd9 y364f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y364f w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfda y364f w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3650 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfdb y3650 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfdc y3650 w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">288<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfdd y3650 w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">653<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfde y3650 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfdf y3650 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe0 y3650 w792 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe1 y3650 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">368<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe2 y3650 w250 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3728 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y36ef w772 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms ne<span class=\"_ _0\"></span>t of com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xfe3 y36ef w779 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4,464<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe4 y36ef w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe5 y36ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe6 y36ef w75b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4,46<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe7 y36ef w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _0\"></span>,18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe8 y36ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe9 y36ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfea y36ef w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">3<span class=\"_ _0\"></span>,18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3654 w793 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfeb y3654 w4e7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>78)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfec y3654 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfed y3654 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfee y3654 w794 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>37<span class=\"_ _0\"></span>8)</div></td><td class=\"c n xfef y3654 w795 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec5 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec6 y3654 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff0 y3654 w795 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3655 w777 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e pre<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n cash fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf21 y3655 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf57 y3655 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf58 y3655 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf59 y3655 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y3655 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y3655 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5a y3655 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y3655 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3656 w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe55 y3656 w779 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2,095<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff1 y3656 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2e y3656 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff2 y3656 w796 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2,095<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff3 y3656 w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff4 y3656 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff5 y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff6 y3656 w4ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3657 w77a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _127\"> </span></div></td><td class=\"c n xff7 y3657 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff8 y3657 w53d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xff9 y3657 w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xffa y3657 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xffb y3657 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xffc y3657 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xffd y3657 w4be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd2 y3657 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3658 w77b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf67 y3658 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xffe y3658 w64c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfff y3658 w797 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls7a wsa6\">2,<span class=\"_ _0\"></span>372<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1000 y3658 w798 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4,75<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1001 y3658 w183 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1002 y3658 w799 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">818<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1003 y3658 w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1004 y3658 w768 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">2<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>95<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y30eb w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf6c y30eb w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,2<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1005 y30eb w79a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">1<span class=\"_ _0\"></span>,11<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1006 y30eb w79b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1007 y30eb w79c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1008 y30eb we1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1009 y30eb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">825<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x100a y30eb w79d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>70<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x100b y30eb w79e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>495<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs736\">(c<span class=\"_ _c\"></span>) Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div><div class=\"gs72c\"><table class=\"s w2e5 h193\" id=\"_fcedb69f-50b3-4653-b41b-733f1cb30678\"><tr><td></td><td></td><td></td><td class=\"c n x100c y3729 w730 h13d\"><div class=\"t m1 x1e4 h11 y323c ff11e fs2 fc0 sc0 ls4 ws3\">Of w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x100d y372a w731 h145\"><div class=\"t m1 x1e4 h11 y323e ff11c fs2 fc0 sc0 ls4 ws3\">Of whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x2b8 h1b y372b ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal impact </td><td></td><td class=\"t m1 x5b8 h1b y372c ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td class=\"t m1 x790 h11 y372d ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </td><td></td><td class=\"t m1 x3fd h11 y372e ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td></tr><tr><td></td><td class=\"t m1 x100e h1b y372f ff11a fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s </td><td class=\"t m1 xc01 h1b y3730 ff11a fs2 fc0 sc0 ls115 ws8d\">T<span class=\"_ _c\"></span>ransfers or </td><td class=\"t m1 x100f h1b y3731 ff11a fs2 fc0 sc0 ls10b ws59\">initiated with<span class=\"_ _3\"></span> </td><td class=\"t m1 x7b1 h11 y3732 ff11c fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s </td><td class=\"t m1 xcb0 h11 y3733 ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s or </td><td class=\"t m1 xcb1 h11 y3734 ff11c fs2 fc0 sc0 ls4 ws3\">in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th </td></tr><tr><td></td><td class=\"t m1 x1010 h1b y3735 ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x1011 h1b y3736 ff11a fs2 fc0 sc0 ls35 ws42\">business </td><td class=\"t m1 x2c2 h1b y3737 ff11a fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 x2c3 h11 y3738 ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x2b5 h11 y3739 ff11c fs2 fc0 sc0 ls10b ws59\">business </td><td class=\"t m1 x1012 h11 y373a ff11c fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td></tr><tr><td></td><td class=\"t m1 x1013 h1b y373b ff11e fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xc01 h1b y373c ff11e fs2 fc0 sc0 ls115 ws8d\">acquisitions<span class=\"_ _c\"></span><span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xee9 h1b y373d ff11a fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1014 h11 y373e ff11c fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb0 h11 y373f ff11c fs2 fc0 sc0 ls132 ws12c\">acquisitions<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1015 h11 y3740 ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y3741 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3742 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3743 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3744 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3745 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3746 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3747 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3748 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3749 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y374a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y374b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y374c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31c8 w79f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flow<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1016 y31c8 w7a0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>35<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1017 y31c8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1018 y31c8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1019 y31c8 w7a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8a y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d6 y31c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w7a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101a y324c w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8,054<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101b y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba2 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101c y324c w7a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16a ws188\">5,<span class=\"_ _0\"></span>625<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101d y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101e y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w739 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _11b\"> </span></div></td><td class=\"c n xe8a y31cb w78e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101f y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1020 y31cb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1021 y31cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">2<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc0 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1022 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w73b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">CSM<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1023 y31cc w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1024 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe91 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1025 y31cc w395 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba4 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7fe y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w7a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1026 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1027 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1028 y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7f y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb80 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs737\">(d) Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div><div class=\"gs738\"><table class=\"s w7a5 h194\" id=\"_6bbbe241-e2e1-45de-ac6a-49d1a6e2e810\"><tr><td></td><td class=\"t m1 x1029 h1b y374d ff11a fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td><td class=\"t m1 xa75 h11 y374e ff11c fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xdcb h1b y374f ff11a fs2 fc0 sc0 ls115 ws8d\">contracts and<span class=\"_ _3\"></span> </td><td class=\"t m1 x2af h1b y3750 ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td></td><td class=\"t m1 xdd0 h11 y3751 ff11c fs2 fc0 sc0 ls4 ws3\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d </td><td class=\"t m1 x8d3 h11 y3752 ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x102a h1b y3753 ff11a fs2 fc0 sc0 ls115 ws8d\">contracts </td><td class=\"t m1 x2af h1b y3754 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 x992 h1b y3755 ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td class=\"t m1 x400 h11 y3756 ff11c fs2 fc0 sc0 ls34 ws41\">contracts </td><td class=\"t m1 x8d3 h11 y3757 ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 xcaf h11 y3758 ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td></tr><tr><td></td><td class=\"t m1 xee1 h1b y3759 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 x102b h1b y375a ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x102c h1b y375b ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td></td><td class=\"t m1 x5b8 h11 y375c ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 x405 h11 y375d ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 xcaf h11 y375e ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td></td></tr><tr><td></td><td class=\"t m1 xee3 h1b y375f ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 xc00 h1b y3760 ff11e fs2 fc0 sc0 ls34 ws41\">modified </td><td class=\"t m1 x992 h1b y3761 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td></td><td class=\"t m1 x100f h11 y3762 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 x673 h11 y3763 ff11c fs2 fc0 sc0 ls35 ws42\">modified </td><td class=\"t m1 x409 h11 y3764 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td></td></tr><tr><td></td><td class=\"t m1 xee3 h1b y3765 ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 x450 h1b y3766 ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 x2c0 h1b y3767 ff11a fs2 fc0 sc0 ls4 ws3\">fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ue </td><td></td><td class=\"t m1 x100f h11 y3768 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 xdd1 h11 y3769 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 xee2 h11 y376a ff11c fs2 fc0 sc0 ls4 ws3\">fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e </td><td></td></tr><tr><td></td><td class=\"t m1 x102a h1b y376b ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x102b h1b y376c ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x992 h1b y376d ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x407 h1b y376e ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x400 h11 y376f ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h11 y3770 ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3771 ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3772 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h1b y3773 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fb h1b y3774 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98d h1b y3775 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3776 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3777 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3778 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3779 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y377a ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xdd5 h1b y377b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa76 h1b y377c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y377d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y377e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y377f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3780 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3781 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3782 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3783 w743 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">CS<span class=\"_ _0\"></span>M as at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span><span class=\"_ _1a7\"> </span></div></td><td class=\"c n x102d y3783 w7a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">97<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x102e y3783 w7a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">1,<span class=\"_ _0\"></span>417<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x102f y3783 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1030 y3783 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1031 y3783 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7e8 y3783 w7a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73f y3783 w7a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1032 y3783 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3784 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3785 w785 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _9c\"> </span></div></td><td class=\"c n x1033 y3785 w20b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(13)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1034 y3785 w7aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1035 y3785 w7ab h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(36)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1036 y3785 w7ac h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>15<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1037 y3785 w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1038 y3785 w7ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1039 y3785 w7af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103a y3785 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>99)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3786 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> ser<span class=\"_ _0\"></span>vice<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y36b6 w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _17d\"> </span></div></td><td class=\"c n xebb y36b6 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103b y36b6 w5e2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">333<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103c y36b6 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">289<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x721 y36b6 w38a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">859<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103d y36b6 w7b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x569 y36b6 w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">252<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103e y36b6 w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103f y36b6 w7b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">5<span class=\"_ _0\"></span>65<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3787 w711 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1040 y3787 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1041 y3787 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1042 y3787 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1043 y3787 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(90<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1044 y3787 w78c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1045 y3787 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1046 y3787 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1047 y3787 w7ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3788 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>(<span class=\"_ _3\"></span>expenses<span class=\"_ _3\"></span>)/income <span class=\"_ _3\"></span>from <span class=\"_ _3\"></span>reinsurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31cc w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1048 y31cc w767 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1049 y31cc w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x104a y31cc w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x104b y31cc w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x104c y31cc w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x104d y31cc w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5d y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5e y31cc w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w74e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">CS<span class=\"_ _0\"></span>M a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x104e y312a w7b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">230<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x104f y312a w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1050 y312a w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">451<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1051 y312a w7b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1052 y312a w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">97<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1053 y312a w13d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>417<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1054 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1055 y312a w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5d ws68 gs73a\">(<span class=\"_ _3\"></span>v)<span class=\"_ _3\"></span> Protection \u2013<span class=\"_ _3\"></span> Insurance contracts issued<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs73b\">(a<span class=\"_ _c\"></span>) Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r rema<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge and th<span class=\"_ _0\"></span>e lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y fo<span class=\"_ _0\"></span>r inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs73c\"><table class=\"s w7b4 h195\" id=\"_7d8c01b5-a6fd-429b-a4e7-a806a7196df2\"><tr><td></td><td class=\"t m1 x869 h1b y3789 ff11a fs2 fc0 sc0 ls132 ws12c\">Liability for remaining </td><td></td><td></td><td></td><td class=\"t m1 x53e h11 y3789 ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x1056 h1b y378a ff11a fs2 fc0 sc0 lsdf wsdb\">cove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 x33c h11 y378a ff11c fs2 fc0 sc0 lsf5 ws103\">cove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x869 h1b y378b ff11a fs2 fc0 sc0 ls35 ws42\">Excluding </td><td></td><td class=\"t m1 x866 h1b y378c ff11a fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or </td><td></td><td class=\"t m1 xc2d h11 y378d ff11c fs2 fc0 sc0 ls10b ws59\">Excluding </td><td></td><td class=\"t m1 x868 h11 y378e ff11c fs2 fc0 sc0 ls4 ws3\">Li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or </td><td></td></tr><tr><td></td><td class=\"t m1 xd2d h1b y378f ff11a fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss </td><td class=\"t m1 x53b h1b y3790 ff11a fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss </td><td class=\"t m1 xc23 h1b y3791 ff11a fs2 fc0 sc0 ls4 ws3\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </td><td></td><td class=\"t m1 x70d h11 y3792 ff11f fs2 fc0 sc0 ls10b ws59\">loss </td><td class=\"t m1 xd34 h11 y3793 ff11f fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss </td><td class=\"t m1 x1f9 h11 y3794 ff11c fs2 fc0 sc0 ls172 ws18f\">incurred<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td></tr><tr><td></td><td class=\"t m1 x1057 h1b y3795 ff11e fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xf75 h1b y3796 ff11e fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x91c h1b y3797 ff11a fs2 fc0 sc0 ls132 ws12c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y3798 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc71 h11 y3799 ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x952 h11 y379a ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y379b ff11c fs2 fc0 sc0 ls149 ws6c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y379c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y379d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y379e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y379f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y37a0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y37a1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y37a2 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y37a3 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y37a4 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y37a5 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y37a6 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y37a7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y37a8 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y37a9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y37aa ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y37ab ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y37ac ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3604 w6bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _1d6\"> </span></div></td><td class=\"c n xef2 y3604 w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">2,6<span class=\"_ _0\"></span>43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x543 y3604 w7b5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1058 y3604 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1059 y3604 w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">4,533<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x105a y3604 w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x105b y3604 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">701<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x105c y3604 w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x105d y3604 w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3605 w6c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _6e\"> </span></div></td><td class=\"c n xd42 y3605 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddd y3605 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdde y3605 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddf y3605 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde0 y3605 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y3605 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y3605 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde1 y3605 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3606 w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef8 y3606 w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">2,6<span class=\"_ _0\"></span>43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x105e y3606 w7b5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x105f y3606 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1060 y3606 w7b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">4,533<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1061 y3606 w205 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bf y3606 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">701<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1062 y3606 w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y3606 w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y37ad w6c3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Insurance revenue<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1063 y37ad w7b8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,01<span class=\"_ _c\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1064 y37ad w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1065 y37ad w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1066 y37ad w593 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(3,0<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>2)</div></td><td class=\"c n xe29 y37ad w7b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>61)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1067 y37ad w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1068 y37ad w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1069 y37ad w6a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>61)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y37ae ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y37af w6c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd4f y37af w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106a y37af w7ba h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe18 y37af w7bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106b y37af w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">2,6<span class=\"_ _0\"></span>40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106c y37af w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106d y37af w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106e y37af w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,704<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106f y37af w171 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">2,656<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y37b0 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ac<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uis<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y37b1 w6c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1070 y37b1 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1071 y37b1 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1072 y37b1 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1073 y37b1 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1074 y37b1 w7b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y37b1 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x612 y37b1 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1075 y37b1 w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y360c w6cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>ate to pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _153\"> </span></div></td><td class=\"c n xd5c y360c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1076 y360c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1077 y360c w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1078 y360c w398 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1079 y360c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5e y360c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y360c wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y360c wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y37b2 ff11c fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and re<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>al of los<span class=\"_ _0\"></span>ses o<span class=\"_ _0\"></span>n one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y360e w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd62 y360e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107b y360e w7bc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">331<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107c y360e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107d y360e wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">331<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe91 y360e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107e y360e w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">118<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107f y360e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1080 y360e w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y360f w6cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance service expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1081 y360f w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1082 y360f wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">269<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1083 y360f w7bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1084 y360f w73f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1085 y360f w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1086 y360f w681 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1087 y360f w453 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,728<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1088 y360f wd9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3610 w6d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance service result<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1089 y3610 w4ce h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x108a y3610 w7bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">269<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x108b y3610 w7bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2<span class=\"_ _0\"></span>,72<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x108c y3610 w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">117<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x108d y3610 w7be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>38)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f0 y3610 w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x108e y3610 w405 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2,7<span class=\"_ _0\"></span>28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ee y3610 w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y37b3 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>(income)<span class=\"_ _3\"></span>/<span class=\"_ _3\"></span>expenses <span class=\"_ _c\"></span>from insurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y37b4 w6d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x108f y37b4 w7bf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1090 y37b4 w7c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1091 y37b4 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1092 y37b4 w7c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1093 y37b4 w7c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,596)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1094 y37b4 w7c3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(2<span class=\"_ _0\"></span>10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1095 y37b4 w58e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>116<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1096 y37b4 w7c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,9<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y37b5 w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _102\"> </span></div></td><td class=\"c n x1097 y37b5 w3b8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1098 y37b5 w5ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1099 y37b5 w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109a y37b5 w786 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109b y37b5 w7c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">292<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd20 y37b5 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109c y37b5 wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y37b5 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y37b6 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd89 y37b6 w7c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">(<span class=\"_ _3\"></span>2,999)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109d y37b6 w46b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">335<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109e y37b6 w7c7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">2,7<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109f y37b6 w145 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a0 y37b6 w70d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _6\"></span>,14<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xccb y37b6 w157 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a1 y37b6 w69f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">2,6<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a2 y37b6 w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3615 w6e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> components<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x10a3 y3615 w7c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(37<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a4 y3615 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a5 y3615 w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a6 y3615 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a7 y3615 wd1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(39)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef0 y3615 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a8 y3615 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf10 y3615 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y37b7 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3617 w6e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ved<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a9 y3617 w2d1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10aa y3617 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ab y3617 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ac y3617 w7c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ad y3617 w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,089<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x83a y3617 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y3617 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ae y3617 w7ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,0<span class=\"_ _0\"></span>89<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y37b8 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ed w6e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd9e y31ed w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8b y31ed w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10af y31ed w4df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)</div></td><td class=\"c n x10b0 y31ed w7cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b1 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe95 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b2 y31ed w7cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(<span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>,721<span class=\"_ _3\"></span>)</div></td><td class=\"c n x10b3 y31ed w7cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(2,721)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w6ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x10b4 y31ee w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf07 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf01 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b5 y31ee w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd95 y31ee w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b6 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b7 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b8 y31ee w7ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(210<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe55 y324c w7cf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsc7 wsd6\">2<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10b9 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ba y324c w4df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x721 y324c w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10bb y324c w729 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>879<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb31 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10bc y324c w7cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(<span class=\"_ _3\"></span>2,7<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb4c y324c w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w6f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _78\"> </span></div></td><td class=\"c n x10bd y31cb w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">2<span class=\"_ _0\"></span>,582<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa77 y31cb w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">896<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10be y31cb we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10bf y31cb w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>,782<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c0 y31cb w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">2,64<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c1 y31cb w7d0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c2 y31cb wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd02 y31cb w7d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">4,<span class=\"_ _0\"></span>533<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w6f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xdba y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89e y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89f y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe63 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe64 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe65 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe66 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c3 y312a w7d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">2,5<span class=\"_ _0\"></span>82<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c4 y312a w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">896<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x888 y312a w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xebe y312a we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>,782<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c5 y312a w447 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">2<span class=\"_ _0\"></span>,64<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c6 y312a w7d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">5<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c7 y312a wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c8 y312a w7d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">4,5<span class=\"_ _0\"></span>33<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs728\">(b) Rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3a6\"> </span></div><div class=\"gs729\"><table class=\"s w7d5 h18d\" id=\"_6087ccae-6f1d-4cdf-b799-df3612284e45\"><tr><td></td><td></td><td class=\"t m1 xa73 h1b y3619 ff11a fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td><td></td><td class=\"t m1 x458 h11 y361a ff11c fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xdca h1b y361b ff11a fs2 fc0 sc0 ls35 ws42\">adjustment </td><td></td><td></td><td></td><td class=\"t m1 x6c6 h11 y361c ff11c fs2 fc0 sc0 ls3a ws46\">adjustment </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xdcb h1b y361d ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3\"></span> </td><td class=\"t m1 xdcc h1b y361e ff11a fs2 fc0 sc0 ls4 ws3\">fo<span class=\"_ _0\"></span>r </td><td></td><td></td><td class=\"t m1 x2c2 h11 y361f ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e </td><td class=\"t m1 xdcd h11 y3620 ff11c fs2 fc0 sc0 ls4 ws3\">for </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x2b6 h1b y3621 ff11a fs2 fc0 sc0 ls4 ws3\">of f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e </td><td class=\"t m1 xdcf h1b y3622 ff11e fs2 fc0 sc0 ls114 wsa1\">non-financial </td><td></td><td></td><td class=\"t m1 x653 h11 y3623 ff11c fs2 fc0 sc0 ls4 ws3\">of fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e </td><td class=\"t m1 xdd1 h11 y3624 ff11c fs2 fc0 sc0 ls34 ws41\">non-<span class=\"_ _0\"></span>financial<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x10c9 h1b y3625 ff11e fs2 fc0 sc0 ls4 ws3\">ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xdd3 h1b y3626 ff11e fs2 fc0 sc0 ls3a ws46\">risk<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x403 h1b y3627 ff11e fs2 fc0 sc0 ls4 ws3\">CS<span class=\"_ _0\"></span>M<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x407 h1b y3628 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x10ca h11 y3629 ff11c fs2 fc0 sc0 ls4 ws3\">ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd4 h11 y362a ff11c fs2 fc0 sc0 ls35 ws42\">risk<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x451 h11 y362b ff11f fs2 fc0 sc0 ls189 ws1a9\">CSM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y362c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h1b y362d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fb h1b y362e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98d h1b y362f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3630 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3631 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3632 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3633 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3634 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xdd5 h1b y3635 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa76 h1b y3636 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y3637 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3638 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y3639 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y363a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y363b ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y363c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y363d w6bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _12c\"> </span></div></td><td class=\"c n x10cb y363d w175 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">2,0<span class=\"_ _0\"></span>69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10cc y363d wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">617<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10cd y363d w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ce y363d w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">4,533<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10cf y363d w304 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d0 y363d w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">722<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x675 y363d w7d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d1 y363d w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y363e w6c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _6e\"> </span></div></td><td class=\"c n xd42 y363e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4b y363e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y363e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d2 y363e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d3 y363e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d4 y363e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d5 y363e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa9 y363e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y363f w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef8 y363f w472 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d6 y363f wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">617<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d7 y363f w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d8 y363f w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">4,533<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d9 y363f w69f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,5<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10da y363f w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">722<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10db y363f w14e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65c y363f w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>021<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3640 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3641 w701 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xde3 y3641 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10dc y3641 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10dd y3641 w7d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10de y3641 wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10df y3641 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e0 y3641 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e1 y3641 w166 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e2 y3641 w479 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3642 w706 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ase of ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdea y3642 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e3 y3642 w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e4 y3642 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e5 y3642 w5b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe79 y3642 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e6 y3642 w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ed y3642 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e7 y3642 w7d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3643 w707 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Experience adjustments<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x10e8 y3643 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10e9 y3643 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ea y3643 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10eb y3643 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ec y3643 w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb00 y3643 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd28 y3643 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ed y3643 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3644 w709 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf1b y3644 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ee y3644 w7d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ef y3644 w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f0 y3644 w7da h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>36)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f1 y3644 w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f2 y3644 w7d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f3 y3644 w7db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f4 y3644 w7dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>18<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3645 ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3646 w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _17d\"> </span></div></td><td class=\"c n xebb y3646 w7b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">308<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f5 y3646 w182 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(32)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f6 y3646 w7dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(276<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d2 y3646 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f7 y3646 w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f8 y3646 w45e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f9 y3646 w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fa y3646 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3647 w70f h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of loss<span class=\"_ _0\"></span>es on on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts</div></td><td class=\"c n xe07 y3647 w7de h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\"><span class=\"_ gs3ae\"> </span><span class=\"_ _115\"> </span><span class=\"ff11a ls150 ws2b\">2<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></span></div></td><td class=\"c n xfd5 y3647 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd6 y3647 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fb y3647 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">260<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fc y3647 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fd y3647 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fe y3647 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ff y3647 w7df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3648 w74b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1100 y3648 w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1101 y3648 w7e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1102 y3648 w78f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">276<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1103 y3648 w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1104 y3648 w24e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1105 y3648 wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1106 y3648 w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">250<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1107 y3648 w7e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">107<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3649 w713 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1108 y3649 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">349<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1109 y3649 w96 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">(18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110a y3649 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x485 y3649 wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">331<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110b y3649 w7e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(105<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110c y3649 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ff y3649 w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110d y3649 w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">118<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y364a ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to pas<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364b w717 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Claims <span class=\"_ _3\"></span>variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe1e y364b w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe1f y364b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110e y364b w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110f y364b w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10f7 y364b w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1110 y364b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1111 y364b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcce y364b w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">22<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y364c w6d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Insurance service result<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1112 y364c w7e4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">3<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1113 y364c w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1114 y364c w649 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(22<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1115 y364c w160 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">117<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1116 y364c w7e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1086 y364c w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1117 y364c w7e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1118 y364c we7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y364d ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>(income)<span class=\"_ _3\"></span>/<span class=\"_ _3\"></span>expenses <span class=\"_ _c\"></span>from insurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364e w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xdf1 y364e w7e7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(50)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xae4 y364e w7e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1119 y364e w759 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">65<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111a y364e w7a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe29 y364e w7e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111b y364e w686 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdb8 y364e we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111c y364e w7ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y364f w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _301\"> </span></div></td><td class=\"c n xf36 y364f w7c8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111d y364f w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111e y364f w7eb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111f y364f w7ec h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1120 y364f w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1121 y364f wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1122 y364f w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1075 y364f w265 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3650 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1123 y3650 w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">292<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1124 y3650 w7ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1125 y3650 w7ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(2<span class=\"_ _0\"></span>16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1126 y3650 w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1127 y3650 w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1025 y3650 w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1128 y3650 w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">84<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1129 y3650 w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3651 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3652 w723 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ved<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _19c\"> </span></div></td><td class=\"c n x112a y3652 w7c9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf00 y3652 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf01 y3652 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x112b y3652 wbf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">3<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>217<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x112c y3652 w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,089<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x112d y3652 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7b y3652 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x112e y3652 wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">3,<span class=\"_ _0\"></span>089<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3653 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tly a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3654 w6e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4a y3654 w7ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2,7<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x112f y3654 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1130 y3654 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1131 y3654 w7f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _6\"></span>,78<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1132 y3654 w7f1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(2,7<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1133 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1134 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1135 y3654 w7cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(2,721)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3655 w6ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x10b4 y3655 w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf07 y3655 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1136 y3655 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1137 y3655 w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1138 y3655 w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(2<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y3655 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1139 y3655 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113a y3655 w7ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(210<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3656 w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113b y3656 w7f2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113c y3656 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113d y3656 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113e y3656 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113f y3656 w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b4 y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1140 y3656 w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3657 w6f2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _30a\"> </span></div></td><td class=\"c n x1141 y3657 w5b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">2<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x58c y3657 w7b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">600<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1142 y3657 w639 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,6<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1143 y3657 we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4,78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1144 y3657 wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1145 y3657 w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">617<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1146 y3657 wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">1<span class=\"_ _3\"></span>,84<span class=\"_ _3\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x852 y3657 wd7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">4,533<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3658 w6f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xdba y3658 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf51 y3658 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1065 y3658 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb91 y3658 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1147 y3658 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfaf y3658 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb0 y3658 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe84 y3658 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y30eb w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1148 y30eb w7f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">2<span class=\"_ _0\"></span>,5<span class=\"_ _0\"></span>51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1149 y30eb w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">600<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x114a y30eb w7f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,6<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x114b y30eb we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">4,78<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x114c y30eb wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,0<span class=\"_ _0\"></span>69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x114d y30eb w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">617<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x114e y30eb wef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">1<span class=\"_ _3\"></span>,84<span class=\"_ _3\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x598 y30eb w6b2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">4,533<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs73f\">(c<span class=\"_ _c\"></span>) Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11e fs2 fc0 sc0 ls4 ws3 gs740\">Of w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _153\"> </span><span class=\"ff11c\">Of whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></span></div><div class=\"gs741\"><table class=\"s w7f5 h196\" id=\"_39583c98-774b-4261-866a-e18c84398a36\"><tr><td></td><td class=\"t m1 x341 h1b y365b ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal impact </td><td></td><td></td><td class=\"t m1 xe71 h11 y37b9 ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xc26 h1b y365d ff11a fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s </td><td class=\"t m1 xc29 h1b y37ba ff11a fs2 fc0 sc0 ls115 ws8d\">T<span class=\"_ _c\"></span>ransfers or </td><td class=\"t m1 x63b h1b y365e ff11a fs2 fc0 sc0 ls35 ws42\">Onerous </td><td class=\"t m1 x67f h11 y37bb ff11c fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s </td><td class=\"t m1 xc2e h11 y3660 ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s or </td><td class=\"t m1 xe72 h11 y3661 ff11c fs2 fc0 sc0 ls4 ws3\">On<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us </td></tr><tr><td></td><td class=\"t m1 xe73 h1b y3663 ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x91f h1b y37bc ff11a fs2 fc0 sc0 ls35 ws42\">business </td><td class=\"t m1 xc2d h1b y3664 ff11a fs2 fc0 sc0 ls115 ws8d\">contracts </td><td class=\"t m1 x34a h11 y37bd ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x241 h11 y3666 ff11c fs2 fc0 sc0 ls10b ws59\">business </td><td class=\"t m1 xe74 h11 y3667 ff11c fs2 fc0 sc0 ls34 ws41\">contracts </td></tr><tr><td></td><td class=\"t m1 xe75 h1b y3669 ff11e fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xe76 h1b y37be ff11e fs2 fc0 sc0 ls115 ws8d\">acquisitions<span class=\"_ _c\"></span><span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xe77 h1b y366a ff11e fs2 fc0 sc0 ls35 ws42\">issued<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x70e h11 y37bf ff11c fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x449 h11 y366c ff11c fs2 fc0 sc0 ls132 ws12c\">acquisitions<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1eb h11 y366d ff11f fs2 fc0 sc0 ls149 ws6c\">issued<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y366f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y37c0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y3670 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y37c1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3672 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3673 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3675 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y37c2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3676 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y37c3 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3678 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3679 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y367b ff11e fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h out<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s<span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ec w6ec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x114f y31ec w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">242<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb60 y31ec w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1150 y31ec wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">73<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1151 y31ec w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">2<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e9 y31ec w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1152 y31ec w7f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">73<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w732 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _30d\"> </span></div></td><td class=\"c n x1153 y31ed w796 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2,096<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe02 y31ed w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x745 y31ed w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">488<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1154 y31ed w404 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">2<span class=\"_ _0\"></span>,334<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101d y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x47c y31ed w7f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">75<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w734 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>tfl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1155 y31ee w75b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _0\"></span>,338<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1156 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x583 y31ee w526 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1157 y31ee wc1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">2,5<span class=\"_ _0\"></span>44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1134 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e5 y31ee w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">825<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w736 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s of pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1158 y31ef w4e7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>55<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1159 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x115a y31ef w7f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(4<span class=\"_ _0\"></span>91)</div></td><td class=\"c n x115b y31ef w75f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x115c y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x115d y31ef w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w739 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _2d9\"> </span></div></td><td class=\"c n x115e y3225 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x115f y3225 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1160 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1161 y3225 wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fe y3225 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1162 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w73b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">CSM<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xe90 y31cc w7f9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _0\"></span>76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1163 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb36 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xad4 y31cc w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">250<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe84 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w7fa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws12\">Increase in<span class=\"_ _3\"></span> insurance contract<span class=\"_ _3\"></span> liabilities<span class=\"_ _3\"></span> from contracts recogni<span class=\"_ _3\"></span>sed in the<span class=\"_ _3\"></span> year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1164 y312a w7fb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1165 y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1166 y312a w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1167 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90b y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x756 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs742\">(d) Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div><div class=\"gs72e\"><table class=\"s w7fc h197\" id=\"_9e114481-6037-4f68-a200-95eab20b8468\"><tr><td></td><td class=\"t m1 xd2d h1b y37c4 ff11a fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td><td class=\"t m1 xd2e h11 y37c5 ff11c fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe98 h1b y37c6 ff11a fs2 fc0 sc0 ls115 ws8d\">contracts and<span class=\"_ _3\"></span> </td><td class=\"t m1 x339 h1b y37c7 ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td></td><td class=\"t m1 xe99 h11 y37c8 ff11c fs2 fc0 sc0 ls4 ws3\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d </td><td class=\"t m1 xc25 h11 y37c9 ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe9a h1b y37ca ff11a fs2 fc0 sc0 ls115 ws8d\">contracts </td><td class=\"t m1 x339 h1b y37cb ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 xc22 h1b y37cc ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td class=\"t m1 xc2d h11 y37cd ff11c fs2 fc0 sc0 ls34 ws41\">contracts </td><td class=\"t m1 xc25 h11 y37ce ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 xe9b h11 y37cf ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td></tr><tr><td></td><td class=\"t m1 x869 h1b y37d0 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 x339 h1b y37d1 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 xc22 h1b y37d2 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td></td><td class=\"t m1 x53e h11 y37d3 ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 xe9c h11 y37d4 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 xe9b h11 y37d5 ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td></td></tr><tr><td></td><td class=\"t m1 xd31 h1b y37d6 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 x865 h1b y37d7 ff11e fs2 fc0 sc0 ls34 ws41\">modified </td><td class=\"t m1 xe73 h1b y37d8 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r </td><td></td><td class=\"t m1 xe9d h11 y37d9 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 xe9e h11 y37da ff11c fs2 fc0 sc0 ls35 ws42\">modified </td><td class=\"t m1 xe9f h11 y37db ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir </td><td></td></tr><tr><td></td><td class=\"t m1 xd31 h1b y37dc ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 xea0 h1b y37dd ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 xea1 h1b y37de ff11a fs2 fc0 sc0 ls4 ws3\">val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e </td><td></td><td class=\"t m1 x349 h11 y37df ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 x34a h11 y37e0 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 x1e0 h11 y37e1 ff11c fs2 fc0 sc0 ls4 ws3\">val<span class=\"_ _0\"></span>ue </td><td></td></tr><tr><td></td><td class=\"t m1 xea2 h1b y37e2 ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xea3 h1b y37e3 ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x347 h1b y37e4 ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x56b h1b y37e5 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2d h11 y37e6 ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y37e7 ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y37e8 ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y37e9 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y37ea ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y37eb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y37ec ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y37ed ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y37ee ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y37ef ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y37f0 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y37f1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y37f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y37f3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y37f4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y37f5 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y37f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y37f7 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y37f8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y37f9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3306 w73e h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">Insurance rev<span class=\"_ _3\"></span>enue<span class=\"_ gs3ad\"> </span></div></td><td class=\"c n xea4 y3306 w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">1<span class=\"_ _3\"></span>,055<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1168 y3306 w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1169 y3306 w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">786<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x116a y3306 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,01<span class=\"_ _3\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x116b y3306 w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">835<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x116c y3306 w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x116d y3306 w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">885<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x116e y3306 w7fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 w743 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">CS<span class=\"_ _0\"></span>M as at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span><span class=\"_ _1e8\"> </span></div></td><td class=\"c n x116f y32d0 w2cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">427<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1170 y32d0 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1171 y32d0 w7fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">314<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1172 y32d0 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1173 y32d0 wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">214<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1174 y32d0 w7ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">1<span class=\"_ _0\"></span>,15<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1175 y32d0 w800 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">398<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9e8 y32d0 w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y37fa ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ec w701 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1176 y31ec w801 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1177 y31ec w802 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(110)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1178 y31ec w708 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1179 y31ec w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x117a y31ec w803 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(54<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x117b y31ec w804 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x117c y31ec w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(55<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6e3 y31ec w805 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y37fb ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> ser<span class=\"_ _0\"></span>vice<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ee w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _88\"> </span></div></td><td class=\"c n x117d y31ee w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x117e y31ee w806 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x117f y31ee w807 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1180 y31ee w7dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(2<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf25 y31ee w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1181 y31ee w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1182 y31ee w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc0 y31ee w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(86)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w711 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1183 y31ef w78f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">276<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1184 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1185 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1186 y31ef w808 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">276<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1187 y31ef w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd59 y31ef w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5a y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f2 y31ef w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">250<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w809 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1188 y3225 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1189 y3225 w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118a y3225 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118b y3225 w80a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">65<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118c y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118d y3225 w92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">40<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118e y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118f y3225 w6bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _ae\"> </span></div></td><td class=\"c n x1190 y3277 w80b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1191 y3277 w80c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1192 y3277 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1193 y3277 w80d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d9 y3277 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1194 y3277 wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">88<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1195 y3277 wb0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1196 y3277 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w74e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">CS<span class=\"_ _0\"></span>M a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1197 y312a w80e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">5<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaae y312a w80f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">866<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1198 y312a w7f2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1199 y312a w810 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x116b y312a w811 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">427<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x119a y312a w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103e y312a w812 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">314<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6b1 y312a w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">1<span class=\"_ _c\"></span>,847<span class=\"_ _3ad\"> </span></div></td></tr></table></div>vi) Protection<span class=\"_ _3\"></span> \u2013 Reinsurance<span class=\"_ _3\"></span> contract<span class=\"_ _0\"></span>s held<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng cove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge an<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed cl<span class=\"_ _0\"></span>aim<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span><table class=\"s w3aa h198\" id=\"_2e287ca0-78df-4415-bab3-ff5941ed9533\"><tr><td></td><td></td><td class=\"c n xedf y37fc w754 h13d\"><div class=\"t m1 x1e4 h11 y323c ff11a fs2 fc0 sc0 ls35 ws42\">Asset for<span class=\"_ _3\"></span> remaining co<span class=\"_ _3\"></span>verage<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n xee0 y37fd w755 h145\"><div class=\"t m1 x1e4 h11 y323e ff11c fs2 fc0 sc0 ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xee1 h1b y37fe ff11a fs2 fc0 sc0 ls35 ws42\" colspan=\"2\">Excluding </td><td class=\"t m1 x2c0 h1b y37ff ff11a fs2 fc0 sc0 ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r </td><td></td><td class=\"t m1 x400 h11 y3800 ff11c fs2 fc0 sc0 ls10b ws59\" colspan=\"2\">Excluding<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y3801 ff11c fs2 fc0 sc0 ls4 ws3\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r </td><td></td></tr><tr><td></td><td class=\"t m1 xee3 h1b y3802 ff11a fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 xee4 h1b y3803 ff11a fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 xee5 h1b y3804 ff11a fs2 fc0 sc0 ls4 ws3\">in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </td><td></td><td class=\"t m1 x2c2 h11 y3805 ff11c fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 xee6 h11 y3806 ff11c fs2 fc0 sc0 ls4 ws3\">Lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 x5b5 h11 y3807 ff11c fs2 fc0 sc0 ls172 ws18f\">incurred<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td></tr><tr><td></td><td class=\"t m1 xee7 h1b y3808 ff11a fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdca h1b y3809 ff11e fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xee8 h1b y380a ff11a fs2 fc0 sc0 ls132 ws12c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y380b ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee9 h11 y380c ff11c fs2 fc0 sc0 ls34 ws41\">component </td><td class=\"t m1 x6c6 h11 y380d ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ gs726\"> </span></td><td class=\"t m1 xeea h11 y380e ff11c fs2 fc0 sc0 ls149 ws6c\">claims<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y380f ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h1b y3810 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fb h1b y3811 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98d h1b y3812 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3813 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3814 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3815 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3816 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3817 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xdd5 h1b y3818 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa76 h1b y3819 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y381a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y381b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y381c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y381d ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y381e ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y381f ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3820 w756 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _301\"> </span></div></td><td class=\"c n x119b y3820 w182 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(52)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x119c y3820 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x119d y3820 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x119e y3820 w182 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(52)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x119f y3820 w813 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a0 y3820 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a1 y3820 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a2 y3820 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3821 w757 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _29\"> </span></div></td><td class=\"c n x11a3 y3821 w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">866<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe3d y3821 wa6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a4 y3821 w814 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">8<span class=\"_ _6\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a5 y3821 w175 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,2<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a6 y3821 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a7 y3821 w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _0\"></span>83<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x272 y3821 w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">92<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a8 y3821 w815 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">3<span class=\"_ _6\"></span>,113<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3822 w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11a9 y3822 w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">814<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11aa y3822 wa6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ab y3822 w21a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">8<span class=\"_ _6\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ac y3822 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _6\"></span>,16<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ad y3822 wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y3822 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">583<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ae y3822 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">928<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11af y3822 w816 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3823 w75c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Allocation of<span class=\"_ _3\"></span> reinsurance premium<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd89 y3823 w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,0<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b0 y3823 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdde y3823 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b1 y3823 w164 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b2 y3823 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b3 y3823 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf04 y3823 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b4 y3823 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3824 w760 h191\"><div class=\"t m1 x1e4 he y36e0 ff11a fs6 fc0 sc0 ls4 wsd\">Amount recoverable<span class=\"_ _3\"></span> from reinsurers for<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">incurred claims<span class=\"_ gs3ad\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y3825 w761 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b5 y3825 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b6 y3825 w7bf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b7 y3825 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b8 y3825 w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>07<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b9 y3825 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x487 y3825 w65b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ba y3825 w577 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11bb y3825 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">793<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3826 w6cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t rel<span class=\"_ _0\"></span>ate to pas<span class=\"_ _0\"></span>t ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _153\"> </span></div></td><td class=\"c n xd5c y3826 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0b y3826 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11bc y3826 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11bd y3826 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1079 y3826 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11be y3826 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11bf y3826 w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c0 y3826 w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3827 w763 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to one<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>us un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x11c1 y3827 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c2 y3827 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c3 y3827 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c4 y3827 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c5 y3827 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y3827 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y3827 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c6 y3827 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3828 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>y of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y3829 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 los<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ed du<span class=\"_ _0\"></span>e </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y382a w817 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">to rec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c7 y382a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c8 y382a w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">315<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x552 y382a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11c9 y382a w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">3<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ca y382a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11cb y382a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf34 y382a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x843 y382a w2c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y382b ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>y of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s \u2013 </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y382c w764 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">ad<span class=\"_ _0\"></span>jus<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to loss re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt fo<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in ful<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf14 y382c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11cc y382c w20b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11cd y382c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ce y382c w1f5 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11cf y382c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d0 y382c w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d1 y382c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d2 y382c w803 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y382d w765 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ri<span class=\"_ _0\"></span>sk of re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d3 y382d w818 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0b y382d w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0c y382d w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d4 y382d wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d5 y382d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1133 y382d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdef y382d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d6 y382d w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y382e w760 h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">Amount recoverable<span class=\"_ _3\"></span> from reinsurers for<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">incurred claims<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf1 y382e w77f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d7 y382e w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">288<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d8 y382e w819 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3\"></span>,094<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d9 y382e w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc53 y382e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11da y382e w3a4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11db y382e w81a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3\"></span>,039<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y382e w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">929<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y382f ff11a fs6 fc0 sc0 ls13 ws12\">Net (<span class=\"_ _c\"></span>expenses)<span class=\"_ _3\"></span>/income from<span class=\"_ _3\"></span> reinsurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364c w769 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf28 y364c w712 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11dc y364c w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">288<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11dd y364c w796 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1,094<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x113e y364c w5b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">295<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11de y364c w81b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(80<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11df y364c w81c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(11<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8be y364c w81a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3\"></span>,039<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e0 y364c w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3830 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>income/(<span class=\"_ _c\"></span>expenses<span class=\"_ _3\"></span>) fr<span class=\"_ _3\"></span>om rein<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364e w6d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e1 y364e w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e2 y364e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e3 y364e w81d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e4 y364e w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e5 y364e w81e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c1 y364e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e6 y364e w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(30)</div></td><td class=\"c n x11e7 y364e w81e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y364f w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _f5\"> </span></div></td><td class=\"c n xed0 y364f w81d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e8 y364f w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11e9 y364f w81d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ea y364f w5be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y364f w81f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11eb y364f w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ec y364f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ed y364f w820 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3650 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd89 y3650 w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,0<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ee y3650 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">287<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ef y3650 w473 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f0 y3650 w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">286<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f1 y3650 w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f2 y3650 w3a4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f3 y3650 w821 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f4 y3650 w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3831 w6e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Investment<span class=\"_ _3\"></span> components<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x10a3 y3831 w26a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f5 y3831 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f6 y3831 w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f7 y3831 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde0 y3831 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f8 y3831 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fe y3831 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y3831 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3832 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ gs3ad\"> </span><span class=\"_ _2db\"> </span><span class=\"ff11a ls4 ws3\"> <span class=\"_ _30e\"> </span><span class=\"ff11f\"> </span></span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y3654 w772 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms ne<span class=\"_ _0\"></span>t of com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fa y3654 w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fb y3654 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fc y3654 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fd y3654 w5b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc5f y3654 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">969<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fe y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y3654 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y3654 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">969<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3655 w774 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf50 y3655 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf51 y3655 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ff y3655 w823 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,080)</div></td><td class=\"c n x1200 y3655 w824 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1116 y3655 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda2 y3655 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1201 y3655 w7e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0)</div></td><td class=\"c n x1202 y3655 we6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>05<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3656 w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1203 y3656 w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf00 y3656 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1204 y3656 w825 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">(1<span class=\"_ _c\"></span>,080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1205 y3656 w826 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1206 y3656 w71e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">98<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1207 y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1208 y3656 w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1209 y3656 w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3657 w77a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _12c\"> </span></div></td><td class=\"c n x120a y3657 w6e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120b y3657 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120c y3657 w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120d y3657 w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120e y3657 w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(52)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x555 y3657 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x90b y3657 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120f y3657 w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(52)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3658 w77b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1203 y3658 w38c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">962<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1210 y3658 w279 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">760<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1211 y3658 w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">823<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1212 y3658 w827 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2,5<span class=\"_ _0\"></span>45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1187 y3658 w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">86<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1213 y3658 w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">473<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1214 y3658 w812 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x572 y3658 wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y30eb w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1108 y30eb w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">663<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1215 y30eb w7f9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1216 y30eb w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">902<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1217 y30eb w31d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2,<span class=\"_ _0\"></span>325<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1218 y30eb wcb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">8<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1219 y30eb w1f8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">473<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121a y30eb w812 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">8<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf3 y30eb w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,161<span class=\"_ _3ad\"> </span></div></td></tr></table><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs744\">(b) Rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>lia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of the mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s of rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"gs729\"><table class=\"s w828 h199\" id=\"_f65b3249-8ff1-47e8-918f-ce61f415dcb4\"><tr><td></td><td></td><td class=\"t m1 xd38 h1b y3833 ff11a fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td><td></td><td class=\"t m1 xf74 h11 y3834 ff11c fs2 fc0 sc0 ls4 ws3\">Ri<span class=\"_ _0\"></span>sk </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 xf75 h1b y3835 ff11a fs2 fc0 sc0 ls35 ws42\">adjustment </td><td></td><td></td><td></td><td class=\"t m1 x952 h11 y3836 ff11c fs2 fc0 sc0 ls3a ws46\">adjustment </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xe98 h1b y3837 ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3\"></span> </td><td class=\"t m1 xf76 h1b y3838 ff11a fs2 fc0 sc0 ls4 ws3\">fo<span class=\"_ _0\"></span>r </td><td></td><td></td><td class=\"t m1 x349 h11 y3839 ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e </td><td class=\"t m1 x1ef h11 y383a ff11c fs2 fc0 sc0 ls4 ws3\">for </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x33f h1b y383b ff11a fs2 fc0 sc0 ls4 ws3\">of f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e </td><td class=\"t m1 xf77 h1b y383c ff11e fs2 fc0 sc0 ls114 wsa1\">non-financial </td><td></td><td></td><td class=\"t m1 x63b h11 y383d ff11c fs2 fc0 sc0 ls4 ws3\">of fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e </td><td class=\"t m1 xc28 h11 y383e ff11c fs2 fc0 sc0 ls34 ws41\">non-<span class=\"_ _0\"></span>financial<span class=\"_ _3\"></span> <span class=\"_ _0\"></span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xd35 h1b y383f ff11e fs2 fc0 sc0 ls4 ws3\">ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x91b h1b y3840 ff11e fs2 fc0 sc0 ls3a ws46\">risk<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xf78 h1b y3841 ff11e fs2 fc0 sc0 ls4 ws3\">CS<span class=\"_ _0\"></span>M<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x56b h1b y3842 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h11 y3843 ff11c fs2 fc0 sc0 ls4 ws3\">ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3844 ff11c fs2 fc0 sc0 ls35 ws42\">risk<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f7 h11 y3845 ff11f fs2 fc0 sc0 ls189 ws1a9\">CSM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3846 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x345 h1b y3847 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86c h1b y3848 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86d h1b y3849 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y384a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f5 h11 y384b ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y384c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y384d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y384e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86e h1b y384f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x541 h1b y3850 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h1b y3851 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3852 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3853 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3854 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3855 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3856 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3718 w756 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _301\"> </span></div></td><td class=\"c n x119b y3718 w818 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121b y3718 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121c y3718 w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121d y3718 w670 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(5<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121e y3718 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121f y3718 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x115c y3718 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1220 y3718 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3857 w757 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _1c5\"> </span></div></td><td class=\"c n x1221 y3857 w829 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">2,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1222 y3857 w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1223 y3857 w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(26<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1224 y3857 w82a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls39 ws1c\">2,21<span class=\"_ _c\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1225 y3857 w82b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _0\"></span>,45<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1226 y3857 wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1227 y3857 w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1228 y3857 w816 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>113<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3858 w6c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 1 J<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1229 y3858 w82c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>419<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122a y3858 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122b y3858 w1f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122c y3858 w82d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d9 y3858 w82e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">3,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122d y3858 wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122e y3858 w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122f y3858 w815 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">3<span class=\"_ _6\"></span>,111<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3859 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y385a w785 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _131\"> </span></div></td><td class=\"c n xf89 y385a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf8a y385a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y385a w2aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1230 y385a w82f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1231 y385a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0f y385a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1232 y385a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1233 y385a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y371d w787 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in th<span class=\"_ _0\"></span>e ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt for no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>sk for ri<span class=\"_ _0\"></span>sk ex<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf8e y371d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1234 y371d w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1235 y371d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1236 y371d w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1237 y371d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf26 y371d w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1238 y371d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1239 y371d w830 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y371e w707 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Experience adjustments<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf95 y371e w831 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123a y371e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123b y371e w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123c y371e w5a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123d y371e w832 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123e y371e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123f y371e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a4 y371e w832 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y385b w709 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf9c y385b w831 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1240 y385b w767 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1241 y385b w2aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110f y385b w2f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1242 y385b w833 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf2d y385b w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1243 y385b w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1244 y385b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y385c ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y385d w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _e5\"> </span></div></td><td class=\"c n x1245 y385d wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">161<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1246 y385d w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1247 y385d w834 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1165 y385d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1248 y385d w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf33 y385d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x20e y385d w5ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c3 y385d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y385e w70f h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s tha<span class=\"_ _0\"></span>t res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s or<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of loss<span class=\"_ _0\"></span>es on un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g one<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3722 w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1249 y3722 w47e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">241<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0b y3722 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x124a y3722 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x124b y3722 w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">233<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x124c y3722 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e9 y3722 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x124d y3722 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x124e y3722 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36e6 w711 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x124f y36e6 w835 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1250 y36e6 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1251 y36e6 w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1252 y36e6 w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1253 y36e6 w662 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1254 y36e6 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60f y36e6 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1255 y36e6 w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36e7 w713 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> service<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1108 y36e7 w29f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">436<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1256 y36e7 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1257 y36e7 w836 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(13<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1258 y36e7 w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">304<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1259 y36e7 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">58<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb93 y36e7 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4d y36e7 w837 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x125a y36e7 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y385f ff11e fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es th<span class=\"_ _0\"></span>at re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to pas<span class=\"_ _0\"></span>t se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3725 w717 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">Claims <span class=\"_ _3\"></span>variance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x125b y3725 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x125c y3725 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc63 y3725 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x125d y3725 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x125e y3725 wac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd96 y3725 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1068 y3725 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x125f y3725 w154 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3860 w765 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ri<span class=\"_ _0\"></span>sk of re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d3 y3860 w818 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0b y3860 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0c y3860 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d4 y3860 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d5 y3860 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1133 y3860 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdef y3860 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d6 y3860 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3861 ff11a fs6 fc0 sc0 ls13 ws12\">Net income/<span class=\"_ _c\"></span>(expenses<span class=\"_ _c\"></span>) from r<span class=\"_ _3\"></span>einsurance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3862 w769 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">contracts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1260 y3862 w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">387<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1261 y3862 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x111e y3862 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1262 y3862 w5b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">295<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1263 y3862 w2fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1264 y3862 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1265 y3862 w662 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9b6 y3862 w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3863 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>income/(<span class=\"_ _c\"></span>expenses<span class=\"_ _3\"></span>) fr<span class=\"_ _3\"></span>om rein<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y364f w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd62 y364f w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeec y364f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1266 y364f w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1267 y364f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1268 y364f w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1269 y364f w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x126a y364f w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)</div></td><td class=\"c n x126b y364f w7b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3864 w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _f5\"> </span></div></td><td class=\"c n xed0 y3864 w720 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x126c y3864 w5ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x126d y3864 w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x126e y3864 w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x126f y3864 wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y3864 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1270 y3864 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1271 y3864 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3831 w6dc h18c\"><div class=\"t m1 x1e4 he y3106 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amount recognised in<span class=\"_ _3\"></span> comprehensive<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1123 y3831 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">390<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1272 y3831 w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1125 y3831 w76 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1273 y3831 w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">286<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1274 y3831 w838 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1275 y3831 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1276 y3831 w81f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1277 y3831 w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3865 ff11e fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c x1e5 y3654 w772 h135\"><div class=\"t m1 x1e4 ha y3106 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>ms ne<span class=\"_ _0\"></span>t of com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1029 y3654 w7d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf07 y3654 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1136 y3654 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa92 y3654 w5b9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">958<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1278 y3654 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">969<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d4 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef1 y3654 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9de y3654 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">969<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y36f0 w793 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1279 y36f0 w825 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">(1<span class=\"_ _c\"></span>,080)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x127a y36f0 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x127b y36f0 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x127c y36f0 w825 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">(1<span class=\"_ _c\"></span>,080)</div></td><td class=\"c n x127d y36f0 w661 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x127e y36f0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb62 y36f0 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x127f y36f0 w165 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3656 w6ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1280 y3656 w786 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1041 y3656 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1042 y3656 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1281 y3656 w7ac h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1282 y3656 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(86)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc97 y3656 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe9 y3656 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1283 y3656 w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3657 w77a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _12c\"> </span></div></td><td class=\"c n x120a y3657 w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(25<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1284 y3657 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1285 y3657 w759 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1286 y3657 w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1287 y3657 w183 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1288 y3657 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1289 y3657 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x128a y3657 w839 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(52)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3658 w77b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g rei<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xf67 y3658 w6fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">2<span class=\"_ _6\"></span>,9<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x128b y3658 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x128c y3658 w29a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe58 y3658 w779 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2,545<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1c y3658 w83a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x128d y3658 wb0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x122e y3658 w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(26<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bd y3658 wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y30eb w6f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10c3 y30eb w52f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">2<span class=\"_ _0\"></span>,687<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x128e y30eb w83b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdfa y30eb w83c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(3<span class=\"_ _0\"></span>72)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x128f y30eb w83d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>325<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1290 y30eb w83e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1291 y30eb wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1292 y30eb w138 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x66d y30eb w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>,161<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11e fs0 fc4 sc0 ls0 ws0 gs755\">(viii<span class=\"_ _0\"></span>) CS<span class=\"_ _0\"></span>M matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs756\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs74d\"><table class=\"s w878 h19c\" id=\"_b9f6a73d-3987-4ce4-a0cc-eca09b55798c\"><tr><td></td><td class=\"c n x1336 y38c5 w879 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11a fs2 fc0 sc0 ls35 ws42\">Insurance contracts issued<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1337 y38c5 w87a h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11a fs2 fc0 sc0 ls35 ws42\">Reinsurance contracts held<span class=\"_ _3ad\"> </span></div></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x1338 h1b y38c6 ff11a fs2 fc0 sc0 ls4 ws3\">An<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es </td><td class=\"t m1 x1339 h1b y38c6 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x133a h1b y38c6 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x654 h1b y38c6 ff11a fs2 fc0 sc0 ls4 ws3\">An<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es </td><td class=\"t m1 x133b h1b y38c6 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y38c6 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y38c8 ff11a fs6 fc0 sc0 lsd ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>il ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to b<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3425 w84a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 year or le<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x133c y3425 wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">626<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106b y3425 w2e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">296<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x133d y3425 w87b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">922<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fa y3425 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x133e y3425 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x133f y3425 w670 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3426 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 \u2013 <span class=\"_ _3\"></span>2 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1340 y3426 w74c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">6<span class=\"_ _0\"></span>36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1341 y3426 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">232<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1342 y3426 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12fe y3426 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1343 y3426 w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x2f3 y3426 w19b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(83)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y35b8 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2 \u2013 <span class=\"_ _3\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1344 y35b8 w38c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">625<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1345 y35b8 wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">188<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1346 y35b8 w2a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">813<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1347 y35b8 w87c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1348 y35b8 w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x720 y35b8 w844 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(80<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3 \u2013 <span class=\"_ _3\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1349 y322d wa9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">612<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134a y322d w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134b y322d w7e4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x106d y322d w87d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134c y322d w87e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134d y322d w87f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls105 ws1d\">(77)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4 \u2013 <span class=\"_ _3\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1344 y3282 w38a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">596<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134e y3282 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134f y3282 w880 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls7a wsa6\">727<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e4 y3282 w87c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1350 y3282 w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1351 y3282 w881 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">(<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w858 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5 \u2013 <span class=\"_ _3\"></span>10 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1352 y31f6 w59a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">2,687<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1353 y31f6 w118 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">3<span class=\"_ _0\"></span>87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1354 y31f6 w128 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,07<span class=\"_ _3\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfe0 y31f6 wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c7 y31f6 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1355 y31f6 w882 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w85a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10 <span class=\"_ _3\"></span>\u2013 20 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1356 y31f7 w883 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">4,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1357 y31f7 wf4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1358 y31f7 w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">4,<span class=\"_ _0\"></span>208<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1359 y31f7 w84c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _6\"></span>78<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135a y31f7 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135b y31f7 w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w85d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r 20 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135c y31f8 w5df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,560<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135d y31f8 w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135e y31f8 w884 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">3,602<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135f y31f8 w885 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1360 y31f8 w58d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls26 ws2e\">51<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1361 y31f8 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>59<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1362 y312a w460 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1363 y312a w252 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>31</div></td><td class=\"c n x1364 y312a w3dc h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1365 y312a w886 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>61)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1366 y312a w880 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls7a wsa6\">372<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1367 y312a w4e7 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4e ws5a\">(1<span class=\"_ _3\"></span>,989)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs757\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div><div class=\"gs758\"><table class=\"s w887 h19d\" id=\"_cb470c75-ca35-421f-8d81-53d64b90bef7\"><tr><td></td><td class=\"c n x1336 y38c9 w864 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ gs726\"> </span></div></td><td></td><td></td><td class=\"c n x1368 y38c9 w888 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d<span class=\"_ gs726\"> </span></div></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x1338 h11 y38cd ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1339 h11 y38cd ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x133a h11 y38cd ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h11 y38cd ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x133b h11 y38cd ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y38cd ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h11 y38ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y38ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y38ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y38ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y38ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y38ce ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 ha y3424 ff11c fs6 fc0 sc0 lsd ws15\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of year<span class=\"_ _0\"></span>s unt<span class=\"_ _0\"></span>il exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted to be re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ea w84a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 year or le<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x133c y31ea w2c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">484<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1369 y31ea w516 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x136a y31ea w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">666<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x136b y31ea w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(55<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x136c y31ea w7df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x136d y31ea w3a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 \u2013 <span class=\"_ _3\"></span>2 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1344 y31eb w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x136e y31eb w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x136f y31eb w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">64<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1370 y31eb we1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(5<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1371 y31eb w7a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1283 y31eb w3a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b1 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2 \u2013 <span class=\"_ _3\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1344 y33b1 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1372 y33b1 waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1373 y33b1 w889 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16a ws188\">629<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1374 y33b1 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1375 y33b1 w7df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x2e4 y33b1 we7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3 \u2013 <span class=\"_ _3\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1344 y328d w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">489<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1376 y328d w6c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _c\"></span>27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1377 y328d w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">616<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1378 y328d we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1379 y328d w154 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e1 y328d we7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4 \u2013 <span class=\"_ _3\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1344 y31c8 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">483<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x137a y31c8 w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x137b y31c8 w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">6<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x137c y31c8 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x137d y31c8 w154 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcc0 y31c8 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(49)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w858 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5 \u2013 <span class=\"_ _3\"></span>10 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d6 y324c w88a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">2,<span class=\"_ _0\"></span>260<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x137e y324c w38a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x137f y324c w88b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,73<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1380 y324c w805 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1381 y324c w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1382 y324c w680 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>42)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w85a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10 <span class=\"_ _3\"></span>\u2013 20 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1356 y31cb w88c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3,594<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1383 y31cb w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">501<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1384 y31cb w6b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">4,0<span class=\"_ _0\"></span>95<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1385 y31cb w789 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>74<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1386 y31cb w4ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">112<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1387 y31cb w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w85d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r 20 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x135c y31cc w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">3<span class=\"_ _0\"></span>,236<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1388 y31cc w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1389 y31cc w751 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3,<span class=\"_ _0\"></span>388<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x138a y31cc w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x138b y31cc w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">45<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x138c y31cc w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(498<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x138d y312a w88d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>5<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x138e y312a w88e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14a ws26\">1<span class=\"_ _c\"></span>,847</div></td><td class=\"c n x138f y312a w88f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x892 y312a w5fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,7<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4f2 y312a w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">271<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1390 y312a w57e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>37<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs759\">Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t the ne<span class=\"_ _0\"></span>t amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d in Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs75a\">res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t in fut<span class=\"_ _0\"></span>ure pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>s. Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al CS<span class=\"_ _0\"></span>M amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n in fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds will dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r fro<span class=\"_ _0\"></span>m that pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted du<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of futu<span class=\"_ _0\"></span>re new bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs75b\">re<span class=\"_ _0\"></span>cal<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns of the CS<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>, cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es in the fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re cove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>age un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>s as well as inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch wil<span class=\"_ _0\"></span>l be pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e and exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>(ix) As<span class=\"_ _0\"></span>set<span class=\"_ _0\"></span>s for in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e acq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span>(<span class=\"_ _c\"></span>a) <span class=\"_ _c\"></span>Insurance contracts<span class=\"_ _3ad\"> </span><table class=\"s w890 h19e\" id=\"_7923ad5a-952e-4681-9f52-7c38ba5ef6a8\"><tr><td></td><td class=\"t m1 x1391 h1b y38cf ff11a fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1392 h1b y38d0 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38d1 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y38d2 ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcf4 h11 y38d3 ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38d4 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y38d5 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y38d6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38d7 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y38d8 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y38d9 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38da ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y38db ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y38dc ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y38dd ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y38de ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y38df ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y38e0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y38e1 w891 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Opening balance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1393 y38e1 w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1394 y38e1 w114 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1395 y38e1 w892 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1396 y38e1 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1397 y38e1 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x313 y38e1 wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y38e2 w893 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1285 y38e2 w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">96<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfd0 y38e2 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">239<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e4 y38e2 w119 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">335<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1398 y38e2 w5d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0e y38e2 w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">2<span class=\"_ _0\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1b y38e2 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">285<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y38e3 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d and in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y35b8 w894 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1399 y35b8 w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139a y35b8 w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(24<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y35b8 w895 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfca y35b8 w6ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139c y35b8 w64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>210<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139d y35b8 w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>75<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w896 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses an<span class=\"_ _0\"></span>d reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139e y322d w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139f y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a0 y322d w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fd y322d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y322d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ff y322d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a3 w897 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a1 y33a3 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a2 y33a3 w117 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a3 y33a3 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y33a3 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a4 y33a3 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a5 y33a3 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w898 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Closing balance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1251 y31f6 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a6 y31f6 w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a7 y31f6 w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a8 y31f6 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a9 y31f6 w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118f y31f6 w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w89a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc69 y31f7 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13aa y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc4e y31f7 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf55 y31f7 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5d y31f7 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ab y31f7 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w89b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ac y31f8 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ad y31f8 w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ae y31f8 w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13af y31f8 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b0 y31f8 w6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b1 y31f8 w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y312a w89c h19f\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal</div><div class=\"t m1 x13b2 haa y38e4 ff11a fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b3 y38e5 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b4 y38e5 w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b5 y38e5 w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b6 y38e5 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b7 y38e5 w74 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b8 y38e5 w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td></tr></table>(b) Rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span><table class=\"s w89d h1a0\" id=\"_873cc599-807d-4c2b-b20c-607805578998\"><tr><td></td><td class=\"t m1 x1391 h1b y38e6 ff11a fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1392 h1b y38e7 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38e8 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y38e9 ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcf4 h11 y38ea ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38eb ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y38ec ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y38ed ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38ee ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y38ef ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y38f0 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38f1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y38f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y38f3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y38f4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y38f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y38f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y38f7 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y38f8 w891 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Opening balance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c1 y38f8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b9 y38f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ba y38f8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde7 y38f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1a y38f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bb y38f8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y38f9 w893 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bc y38f9 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bd y38f9 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13be y38f9 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd86 y38f9 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1134 y38f9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y38f9 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y38fa ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d and in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y35b8 w89e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bf y35b8 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101f y35b8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c0 y35b8 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1045 y35b8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1046 y35b8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y35b8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w896 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses an<span class=\"_ _0\"></span>d reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec3 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c1 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb00 y322d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd28 y322d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y322d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w897 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a1 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101f y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c2 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fe y3282 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c3 y3282 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c4 y3282 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w898 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Closing balance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c5 y322f w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c6 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c7 y322f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc7 y322f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe96 y322f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3c y322f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w89f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c8 y31e5 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x553 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c9 y31e5 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa30 y31e5 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y31e5 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ca y31e5 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w8a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110e y31e6 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1018 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cb y31e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cc y31e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cd y31e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y312a w89c h1a1\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal</div><div class=\"t m1 x13b2 haa y38fb ff11a fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ce y35cf w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cf y35cf w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d0 y35cf w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d1 y35cf w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d2 y35cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d3 y35cf w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr></table>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Al<span class=\"_ _0\"></span>l ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to A<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ru<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span>f w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n a ye<span class=\"_ _0\"></span>ar</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInsuranceContractsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-647": {
   "value": "<div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs746\">(c<span class=\"_ _c\"></span>) Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div><div class=\"gs747\"><table class=\"s w7a5 h19a\" id=\"_3e6ebb7b-7c13-4564-a7bb-470a816efdf1\"><tr><td></td><td></td><td></td><td class=\"c n x100c y3866 w730 h13d\"><div class=\"t m1 x1e4 h11 y323c ff11e fs2 fc0 sc0 ls4 ws3\">Of w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x100d y3867 w731 h145\"><div class=\"t m1 x1e4 h11 y323e ff11c fs2 fc0 sc0 ls4 ws3\">Of whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to:<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x2b8 h1b y3868 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal impact </td><td></td><td class=\"t m1 x5b8 h1b y3869 ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td class=\"t m1 x790 h11 y386a ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>ot<span class=\"_ _0\"></span>al i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t </td><td></td><td class=\"t m1 x3fd h11 y386b ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td></tr><tr><td></td><td class=\"t m1 x100e h1b y386c ff11a fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s </td><td class=\"t m1 xc01 h1b y386d ff11a fs2 fc0 sc0 ls115 ws8d\">T<span class=\"_ _c\"></span>ransfers or </td><td class=\"t m1 x100f h1b y386e ff11a fs2 fc0 sc0 ls10b ws59\">initiated with<span class=\"_ _3\"></span> </td><td class=\"t m1 x7b1 h11 y386f ff11c fs2 fc0 sc0 ls4 ws3\">of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s </td><td class=\"t m1 xcb0 h11 y3870 ff11c fs2 fc0 sc0 ls4 ws3\">T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s or </td><td class=\"t m1 xcb1 h11 y3871 ff11c fs2 fc0 sc0 ls4 ws3\">in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th </td></tr><tr><td></td><td class=\"t m1 x1010 h1b y3872 ff11a fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x1011 h1b y3873 ff11a fs2 fc0 sc0 ls35 ws42\">business </td><td class=\"t m1 x2c2 h1b y3874 ff11a fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"t m1 x2c3 h11 y3875 ff11c fs2 fc0 sc0 ls4 ws3\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in </td><td class=\"t m1 x2b5 h11 y3876 ff11c fs2 fc0 sc0 ls10b ws59\">business </td><td class=\"t m1 x1012 h11 y3877 ff11c fs2 fc0 sc0 ls4 ws3\">lo<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td></tr><tr><td></td><td class=\"t m1 x1013 h1b y3878 ff11e fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xc01 h1b y3879 ff11e fs2 fc0 sc0 ls115 ws8d\">acquisitions<span class=\"_ _c\"></span><span class=\"_ gs3ab\"> </span></td><td class=\"t m1 xee9 h1b y387a ff11a fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1014 h11 y387b ff11c fs2 fc0 sc0 ls4 ws3\">th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb0 h11 y387c ff11c fs2 fc0 sc0 ls132 ws12c\">acquisitions<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1015 h11 y387d ff11c fs2 fc0 sc0 ls34 ws41\">component<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y387e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y387f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3880 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3881 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3882 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3883 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3884 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3885 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3886 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3887 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3888 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3889 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ee w79f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>flow<span class=\"_ _0\"></span>s<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x1293 y31ee wd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb45 y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1294 y31ee w83f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>97<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1295 y31ee w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1296 y31ee w15e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _6\"></span>47<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w7a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tes of pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of cas<span class=\"_ _0\"></span>h infl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1297 y31ef w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">496<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa6 y31ef w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1298 y31ef w840 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">44<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1299 y31ef w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x129a y31ef w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x129b y31ef w9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls117 ws126\">731<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w739 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ri<span class=\"_ _0\"></span>sk ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t for non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _1df\"> </span></div></td><td class=\"c n x129c y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x129d y3225 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x129e y3225 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x129f y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fe y3225 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y3225 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w73b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">CSM<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n x99a y31cc w5a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a0 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a1 y31cc wa4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a2 y31cc w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb42 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31cc w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w7a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in r<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb5f y312a w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe86 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a3 y312a w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">71<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a4 y312a w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a5 y312a w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs748\">(d) Amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to IFR<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>7<span class=\"_ _3ad\"> </span></div><div class=\"gs749\"><table class=\"s w841 h19b\" id=\"_c3bf8f0d-6324-453a-9bec-4621b4ce116e\"><tr><td></td><td class=\"t m1 x1029 h1b y388a ff11a fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td><td class=\"t m1 xa75 h11 y388b ff11c fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>w </td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 xdcb h1b y388c ff11a fs2 fc0 sc0 ls115 ws8d\">contracts and<span class=\"_ _3\"></span> </td><td class=\"t m1 x2af h1b y388d ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td></td><td class=\"t m1 xdd0 h11 y388e ff11c fs2 fc0 sc0 ls4 ws3\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d </td><td class=\"t m1 x8d3 h11 y388f ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x102a h1b y3890 ff11a fs2 fc0 sc0 ls115 ws8d\">contracts </td><td class=\"t m1 x2af h1b y3891 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 x992 h1b y3892 ff11a fs2 fc0 sc0 ls115 ws8d\">Contracts </td><td></td><td class=\"t m1 x400 h11 y3893 ff11c fs2 fc0 sc0 ls34 ws41\">contracts </td><td class=\"t m1 x8d3 h11 y3894 ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 xcaf h11 y3895 ff11c fs2 fc0 sc0 ls34 ws41\">Contracts </td><td></td></tr><tr><td></td><td class=\"t m1 xee1 h1b y3896 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td class=\"t m1 x102b h1b y3897 ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 x102c h1b y3898 ff11a fs2 fc0 sc0 ls132 ws12c\">measured </td><td></td><td class=\"t m1 x5b8 h11 y3899 ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td class=\"t m1 x405 h11 y389a ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he </td><td class=\"t m1 xcaf h11 y389b ff11c fs2 fc0 sc0 ls4 ws3\">me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed </td><td></td></tr><tr><td></td><td class=\"t m1 xee3 h1b y389c ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 xc00 h1b y389d ff11e fs2 fc0 sc0 ls34 ws41\">modified </td><td class=\"t m1 x1010 h1b y389e ff11a fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r </td><td></td><td class=\"t m1 x100f h11 y389f ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l </td><td class=\"t m1 x673 h11 y38a0 ff11c fs2 fc0 sc0 ls35 ws42\">modified </td><td class=\"t m1 x12a6 h11 y38a1 ff11c fs2 fc0 sc0 ls4 ws3\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r t<span class=\"_ _0\"></span>he fa<span class=\"_ _0\"></span>ir </td><td></td></tr><tr><td></td><td class=\"t m1 xee3 h1b y38a2 ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 x450 h1b y38a3 ff11a fs2 fc0 sc0 ls114 wsa1\">retrospective </td><td class=\"t m1 x98d h1b y38a4 ff11a fs2 fc0 sc0 ls4 ws3\">val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e </td><td></td><td class=\"t m1 x100f h11 y38a5 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 xdd1 h11 y38a6 ff11c fs2 fc0 sc0 ls39 ws1c\">retrospec<span class=\"_ _0\"></span>tive </td><td class=\"t m1 x5ba h11 y38a7 ff11c fs2 fc0 sc0 ls4 ws3\">val<span class=\"_ _0\"></span>ue </td><td></td></tr><tr><td></td><td class=\"t m1 x102a h1b y38a8 ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x102b h1b y38a9 ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x992 h1b y38aa ff11e fs2 fc0 sc0 ls115 ws8d\">approach<span class=\"_ gs3ab\"> </span></td><td class=\"t m1 x407 h1b y38ab ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x400 h11 y38ac ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h11 y38ad ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y38ae ff11f fs2 fc0 sc0 ls170 ws161\">approach<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y38af ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h1b y38b0 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x3fb h1b y38b1 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98d h1b y38b2 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y38b3 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y38b4 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y38b5 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y38b6 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y38b7 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xdd5 h1b y38b8 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa76 h1b y38b9 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y38ba ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y38bb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h11 y38bc ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y38bd ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y38be ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y38bf ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3615 w743 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">CS<span class=\"_ _0\"></span>M as at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span><span class=\"_ gs3ad\"> </span><span class=\"_ _128\"> </span></div></td><td class=\"c n x12a7 y3615 w842 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a8 y3615 w285 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12a9 y3615 w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12aa y3615 w1f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ab y3615 w3d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ac y3615 w843 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65b y3615 w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">239<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ad y3615 w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y38c0 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to current service<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3617 w785 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d for se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _9f\"> </span></div></td><td class=\"c n x12ae y3617 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12af y3617 w759 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">54<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b0 y3617 w3cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b1 y3617 w82f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b2 y3617 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b3 y3617 w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b4 y3617 w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b5 y3617 w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y38c1 ff11a fs6 fc0 sc0 ls4 wsd\">Changes that relate<span class=\"_ _3\"></span> to future<span class=\"_ _3\"></span> ser<span class=\"_ _0\"></span>vice<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y38c2 w70e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t the C<span class=\"_ _0\"></span>SM<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _fb\"> </span></div></td><td class=\"c n x12b6 y38c2 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b7 y38c2 w844 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(87<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b8 y38c2 w112 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b9 y38c2 w26c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(16<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ba y38c2 wf5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">56<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12bb y38c2 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12bc y38c2 w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y38c2 w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y38c3 w711 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12bd y38c3 w2cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xab5 y38c3 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1130 y38c3 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12be y38c3 w5ed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12bf y38c3 w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe65 y38c3 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb79 y38c3 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c0 y38c3 w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y38c4 ff11c fs6 fc0 sc0 ls13 ws17\">Finance <span class=\"_ _3\"></span>income/(<span class=\"_ _c\"></span>expenses<span class=\"_ _3\"></span>) fr<span class=\"_ _3\"></span>om rein<span class=\"_ _3\"></span>surance </td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31cb w6ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">contrac<span class=\"_ _0\"></span>ts<span class=\"_ gs3ae\"> </span></div></td><td class=\"c n xd62 y31cb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1240 y31cb w845 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c1 y31cb w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c2 y31cb w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c3 y31cb w3cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c4 y31cb w66c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c5 y31cb w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c6 y31cb w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w6d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span><span class=\"_ gs3ae\"> </span><span class=\"_ _f5\"> </span></div></td><td class=\"c n xed0 y31cc w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1272 y31cc w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c7 y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c8 y31cc w8f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c9 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e0 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ca y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12cb y31cc w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w74e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">CS<span class=\"_ _0\"></span>M a<span class=\"_ _0\"></span>s at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12cc y312a w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12cd y312a w846 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ce y312a w46e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">77<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12cf y312a w847 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(<span class=\"_ _0\"></span>37<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d0 y312a w2bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d1 y312a w1e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1214 y312a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d2 y312a w805 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11e fs0 fc4 sc0 ls0 ws0 gs74b\">(vii) Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of cont<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows<span class=\"_ _0\"></span> </div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs74c\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs74d\"><table class=\"s w67e h19c\" id=\"_0f8dc9c6-0ad3-478a-af23-39ef79159f7d\"><tr><td></td><td class=\"c n x12d3 y38c5 w848 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11e fs2 fc0 sc0 ls4 ws3\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d<span class=\"_ gs3ab\"> </span></div></td><td></td><td></td><td class=\"c n x12d4 y38c5 w849 h13d\"><div class=\"t m1 x1e4 h1b y31d1 ff11e fs2 fc0 sc0 ls35 ws42\">Reinsurance<span class=\"_ _3\"></span> contracts held<span class=\"_ gs3ab\"> </span></div></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x12d5 h1b y38c6 ff11a fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe76 h1b y38c6 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h1b y38c6 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h1b y38c6 ff11a fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h1b y38c6 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y38c6 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xea1 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y38c7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td class=\"t m1 x1ec he y38c8 ff11e fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3425 w84a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 year or le<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d6 y3425 w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">4,575<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d7 y3425 w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">471<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d8 y3425 w84b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">5,0<span class=\"_ _0\"></span>46<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d9 y3425 w802 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(110)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12da y3425 w84c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _6\"></span>70<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12db y3425 w63 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(8<span class=\"_ _0\"></span>19)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y3426 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 \u2013 <span class=\"_ _3\"></span>2 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dc y3426 w175 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">5,8<span class=\"_ _0\"></span>62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dd y3426 w84e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(36<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12de y3426 w84f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">5,498<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12df y3426 w670 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(5<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e0 y3426 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(39)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e1 y3426 w112 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y35b8 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2 \u2013 <span class=\"_ _3\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e2 y35b8 w850 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">5,76<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda0 y35b8 w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(29<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e3 y35b8 w851 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">5,465<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e4 y35b8 w852 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e5 y35b8 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e6 y35b8 w70 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y322d w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3 \u2013 <span class=\"_ _3\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e2 y322d w853 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">5<span class=\"_ _0\"></span>,67<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e7 y322d wb7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e8 y322d w854 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>470<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e9 y322d w97 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ea y322d w855 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(54)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8c3 y322d w7dd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y3282 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4 \u2013 <span class=\"_ _3\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dc y3282 w856 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">5,582<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12eb y3282 w166 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x969 y3282 w7b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ec y3282 w182 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(82)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ed y3282 w857 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ee y3282 w289 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y31f6 w858 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5 \u2013 <span class=\"_ _3\"></span>10 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ef y31f6 w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26,0<span class=\"_ _0\"></span>63<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12f0 y31f6 w859 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">4<span class=\"_ _0\"></span>07</div></td><td class=\"c n x12f1 y31f6 w733 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">26<span class=\"_ _0\"></span>,470<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12f2 y31f6 w49e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12f3 y31f6 w184 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(52<span class=\"_ _0\"></span>5)</div></td><td class=\"c n x12f4 y31f6 w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y31f7 w85a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10 <span class=\"_ _3\"></span>\u2013 20 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12f5 y31f7 w85b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">3<span class=\"_ _0\"></span>9,6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12f6 y31f7 w5df h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,096</div></td><td class=\"c n x12f7 y31f7 w3dc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">4<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12f8 y31f7 w85c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>)</div></td><td class=\"c n x12f9 y31f7 w64f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3)</div></td><td class=\"c n x12fa y31f7 w4e7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>73<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y31f8 w85d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r 20 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12fb y31f8 wfe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">33,802<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12fc y31f8 w2e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">3,873</div></td><td class=\"c n x12fd y31f8 w4d0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12fe y31f8 w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>8)</div></td><td class=\"c n x12ff y31f8 w64f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1300 y31f8 w44b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,9<span class=\"_ _0\"></span>67<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1301 y312a w1fc h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1302 y312a w715 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls2d ws37\">6<span class=\"_ _0\"></span>,859</div></td><td class=\"c n x1303 y312a w85e h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1304 y312a w85f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>70)</div></td><td class=\"c n x1305 y312a w860 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>,9<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1306 y312a w861 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _b\"> </span>7,<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>4</div></td><td class=\"c n x1307 y312a w862 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls124 ws133\">3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs74e\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22<span class=\"_ _3ad\"> </span></div><div class=\"gs74f\"><table class=\"s w863 h19d\" id=\"_f5950650-a5de-4841-91ad-5db08241974b\"><tr><td></td><td class=\"c n x12d3 y38c9 w864 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ gs726\"> </span></div></td><td></td><td></td><td class=\"c n x1308 y38c9 w865 h146\"><div class=\"t m1 x1e4 h11 y3240 ff11c fs2 fc0 sc0 ls4 ws3\">Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d<span class=\"_ gs726\"> </span></div></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x866 h11 y38ca ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe76 h11 y38ca ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y38ca ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y38ca ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcf4 h11 y38ca ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38ca ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xea1 h11 y38cb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h11 y38cb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h11 y38cb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y38cb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y38cb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y38cb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y38cc ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted ca<span class=\"_ _0\"></span>sh flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ea w84a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 year or le<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1309 y31ea w866 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>,767<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130a y31ea w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _0\"></span>58<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130b y31ea w867 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">5,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130c y31ea w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130d y31ea w52a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">(<span class=\"_ _0\"></span>755<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130e y31ea w705 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1 \u2013 <span class=\"_ _3\"></span>2 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e2 y31eb w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">4<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130f y31eb w868 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1310 y31eb w558 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">4,<span class=\"_ _0\"></span>24<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1311 y31eb w3cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcb5 y31eb w869 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(67<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1312 y31eb w86a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2 \u2013 <span class=\"_ _3\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e2 y31ec w4ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">4,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1313 y31ec w680 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(35<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1314 y31ec w751 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4,<span class=\"_ _0\"></span>290<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1315 y31ec w803 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1316 y31ec w151 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x672 y31ec w7ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y328d w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3 \u2013 <span class=\"_ _3\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e2 y328d w86b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">4,<span class=\"_ _0\"></span>571<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1317 y328d w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1318 y328d w751 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4,<span class=\"_ _0\"></span>332<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1319 y328d w183 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131a y328d w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131b y328d we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w84d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4 \u2013 <span class=\"_ _3\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12e2 y31c8 w2e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">4,<span class=\"_ _0\"></span>49<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131c y31c8 w86c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131d y31c8 w86d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>355<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x577 y31c8 w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131e y31c8 wcb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(61)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131f y31c8 we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>93)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w858 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5 \u2013 <span class=\"_ _3\"></span>10 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1320 y324c w86e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">2<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1321 y324c w2c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">300</div></td><td class=\"c n x1322 y324c w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">2<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1323 y324c w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1324 y324c w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(421<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x52b y324c w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w85a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">10 <span class=\"_ _3\"></span>\u2013 20 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1325 y31cb w86f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1326 y31cb w870 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _6\"></span>3</div></td><td class=\"c n x1327 y31cb w871 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">34<span class=\"_ _0\"></span>,708<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x775 y31cb w3b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">3<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1328 y31cb w71b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1329 y31cb w17c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>98)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w85d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r 20 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x132a y31cc w4a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25,<span class=\"_ _0\"></span>36<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x132b y31cc w872 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>43</div></td><td class=\"c n x132c y31cc w873 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x132d y31cc w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">28<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x132e y31cc w7e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0)</div></td><td class=\"c n x132f y31cc w661 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w4f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 ls14d ws16b\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _6\"></span>l<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1330 y312a w874 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">101<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1331 y312a w875 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8 ws7\">5,75<span class=\"_ _0\"></span>8</div></td><td class=\"c n x1332 y312a w37b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1333 y312a w876 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1334 y312a w50f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8)</div></td><td class=\"c n x1335 y312a w877 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">(4<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs151\">Th<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted cas<span class=\"_ _0\"></span>h flows are ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in line wi<span class=\"_ _0\"></span>th the me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>odo<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y and assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons us<span class=\"_ _0\"></span>ed to the det<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne the be<span class=\"_ _0\"></span>st es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>mat<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs28b\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e por<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>foli<span class=\"_ _0\"></span>os co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h woul<span class=\"_ _0\"></span>d be payab<span class=\"_ _0\"></span>le on de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd the cas<span class=\"_ _0\"></span>hfl<span class=\"_ _0\"></span>ows are de<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed in lin<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>h the bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes of pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs152\">be<span class=\"_ _0\"></span>hav<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h have amou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ed paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on dem<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d are defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies in the U<span class=\"_ _0\"></span>K and uni<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l life in the US<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs750\">Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>p<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er of<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n has the abi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e poli<span class=\"_ _0\"></span>cy or re<span class=\"_ _0\"></span>tire ea<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y, at <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h time th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs154\">ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tes. Th<span class=\"_ _0\"></span>e cas<span class=\"_ _0\"></span>h valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nde<span class=\"_ _0\"></span>r is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d in lin<span class=\"_ _0\"></span>e with th<span class=\"_ _0\"></span>e term<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d in refer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e dura<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of defer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al. Th<span class=\"_ _0\"></span>e tota<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs751\">valu<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d payab<span class=\"_ _0\"></span>le on de<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>d as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a31<span class=\"_ _3\"></span>0,<span class=\"_ _6\"></span>21<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a35<span class=\"_ _0\"></span>,921m<span class=\"_ _3\"></span>).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs752\">Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>al life co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>n in the US prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e savin<span class=\"_ _0\"></span>gs and de<span class=\"_ _0\"></span>ath be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s over the med<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m to <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m. Th<span class=\"_ _0\"></span>e savin<span class=\"_ _0\"></span>gs el<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt is con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs753\">paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on dema<span class=\"_ _0\"></span>nd by the po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>e total val<span class=\"_ _0\"></span>ue co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d payab<span class=\"_ _0\"></span>le on de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 is \u00a34<span class=\"_ _0\"></span>36<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a34<span class=\"_ _0\"></span>81m<span class=\"_ _3\"></span>). </div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInsurancePremiumRevenueExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-702": {
   "value": "<div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs75d\">(b) Rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"gs75e\"><table class=\"s w89d h1a0\" id=\"_873cc599-807d-4c2b-b20c-607805578998\"><tr><td></td><td class=\"t m1 x1391 h1b y38e6 ff11a fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1392 h1b y38e7 ff11a fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38e8 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h11 y38e9 ff11c fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcf4 h11 y38ea ff11c fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38eb ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y38ec ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y38ed ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y38ee ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y38ef ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y38f0 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38f1 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y38f2 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y38f3 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y38f4 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y38f5 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y38f6 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y38f7 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y38f8 w891 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Opening balance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c1 y38f8 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b9 y38f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ba y38f8 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xde7 y38f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1a y38f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bb y38f8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y38f9 w893 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the ye<span class=\"_ _0\"></span>ar<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bc y38f9 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bd y38f9 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13be y38f9 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd86 y38f9 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1134 y38f9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y38f9 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y38fa ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d and in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y35b8 w89e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">of rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bf y35b8 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101f y35b8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c0 y35b8 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1045 y35b8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1046 y35b8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbe4 y35b8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w896 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t los<span class=\"_ _0\"></span>ses an<span class=\"_ _0\"></span>d reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xec3 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c1 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c0 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb00 y322d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd28 y322d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y322d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w897 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t of move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts in exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a1 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x101f y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c2 y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fe y3282 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c3 y3282 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c4 y3282 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w898 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">Closing balance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c5 y322f w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c6 y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c7 y322f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc7 y322f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe96 y322f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa3c y322f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w89f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c8 y31e5 w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x553 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c9 y31e5 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa30 y31e5 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y31e5 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ca y31e5 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 w8a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x110e y31e6 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1018 y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cb y31e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cc y31e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cd y31e6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y312a w89c h1a1\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal</div><div class=\"t m1 x13b2 haa y38fb ff11a fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ce y35cf w466 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cf y35cf w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d0 y35cf w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d1 y35cf w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d2 y35cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d3 y35cf w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs75f\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Al<span class=\"_ _0\"></span>l ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to A<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts fo<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ca<span class=\"_ _0\"></span>sh fl<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ru<span class=\"_ _0\"></span>n of<span class=\"_ _0\"></span>f w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n a ye<span class=\"_ _0\"></span>ar</span><span class=\"ls4 ws3\">.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReinsuranceExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-648": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs761\">21 Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5e wsc gs762\">(i) Analysis of<span class=\"_ _3\"></span> investment contrac<span class=\"_ _0\"></span>t liabilities<span class=\"_ _3ad\"> </span></div><div class=\"gs763\"><table class=\"s w8a1 h156\" id=\"_c0d6d5dc-7a5c-4613-bc48-f2def9ca3a3c\"><tr><td></td><td class=\"t m1 x540 h1b y38fc ff11a fs2 fc0 sc0 ls35 ws42\">Gross<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y38fd ff11f fs2 fc0 sc0 ls3a ws46\">Gross<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y38fe ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y38ff ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3900 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3901 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w8a2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws16\">Investment contrac<span class=\"_ _0\"></span>t liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c5 y31cb wea h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">316<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2</div></td><td class=\"c n x13d4 y31cb web h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">286,830<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w8a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d5 y31cc w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">33,<span class=\"_ _0\"></span>242</div></td><td class=\"c n x13d6 y31cc we5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w8a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed to be se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>ed af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _3\"></span>2 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13d7 y312a w1d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">283,630</div></td><td class=\"c n x13d8 y312a w8a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>,18<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14c\">Am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>er un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts are ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y rep<span class=\"_ _0\"></span>ayab<span class=\"_ _0\"></span>le on de<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nd and th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is resp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e for ensu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is suffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14d\">the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t por<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio to ena<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>it li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s to be met as they fall du<span class=\"_ _0\"></span>e. Howe<span class=\"_ _0\"></span>ver, the ter<span class=\"_ _0\"></span>ms of fund<span class=\"_ _0\"></span>s inves<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g in less liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs28a\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t the defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons for pr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>s in circ<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es whe<span class=\"_ _0\"></span>re th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e are not su<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>ts wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the fun<span class=\"_ _0\"></span>d to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs14e\">me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e level of req<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>d red<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs25b\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de \u00a38<span class=\"_ _0\"></span>7m <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a39<span class=\"_ _0\"></span>01m<span class=\"_ _3\"></span>) of <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>ssu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies (A<span class=\"_ _0\"></span>PP) pro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, whi<span class=\"_ _0\"></span>ch are cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as Level 2 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs2de\">valu<span class=\"_ _0\"></span>e hie<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>hy. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he valu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of AP<span class=\"_ _0\"></span>P prod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s is dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>dis<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cash flo<span class=\"_ _0\"></span>ws mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>, whe<span class=\"_ _0\"></span>re the di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt ra<span class=\"_ _0\"></span>te is deri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>d from a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs25c\">ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e rate<span class=\"_ _0\"></span>, a cred<span class=\"_ _0\"></span>it be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d and a zero<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>vo<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d (Z-s<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>). The cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk ra<span class=\"_ _0\"></span>te used is the A<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t spre<span class=\"_ _0\"></span>ad cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs25d\">whi<span class=\"_ _0\"></span>ch re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts the s<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>gic po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio mi<span class=\"_ _0\"></span>x. Th<span class=\"_ _0\"></span>e Z<span class=\"_ _3\"></span>-<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>d ens<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s that th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e at inc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is equ<span class=\"_ _0\"></span>al to the tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, ther<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re it is base<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs27b\">on the pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m on orig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d rema<span class=\"_ _0\"></span>ins co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nt ove<span class=\"_ _0\"></span>r the life of the poli<span class=\"_ _0\"></span>cy.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs2df\">Th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>es of the re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t quo<span class=\"_ _0\"></span>ted pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es in ac<span class=\"_ _0\"></span>tive ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts and th<span class=\"_ _0\"></span>ey have bee<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs155\">Leve<span class=\"_ _0\"></span>l 1 <span class=\"_ _3\"></span>in th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hie<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>hy.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs157\">Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>re have bee<span class=\"_ _0\"></span>n no tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs of inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en leve<span class=\"_ _0\"></span>ls of the fair val<span class=\"_ _0\"></span>ue hie<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>hy (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs158\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n leve<span class=\"_ _0\"></span>ls of the fair val<span class=\"_ _0\"></span>ue hie<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>hy).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs765\">(ii<span class=\"_ _0\"></span>) Move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in i<span class=\"_ _0\"></span>nves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs71b\"><table class=\"s w8a7 h1a2\" id=\"_b74298ed-245d-491e-8079-69e6da86584c\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3902 ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x6c7 h1b y3903 ff11a fs2 fc0 sc0 ls35 ws42\">Gross<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x13d9 h11 y3904 ff11f fs2 fc0 sc0 ls3a ws46\">Gross<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y3905 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3906 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3907 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3908 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w381 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13da y31ed w8a8 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls16 ws25\">286,830</div></td><td class=\"c n x13db y31ed w8a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">372<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w8aa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s in resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of new bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13dc y31ee w81e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _b\"></span>4<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>3</div></td><td class=\"c n x13dd y31ee w8ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>355<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w8ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Am<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts pai<span class=\"_ _0\"></span>d on su<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s and ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13de y31ef w8ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)</div></td><td class=\"c n x13df y31ef w8ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3909 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d8 y31cb w8af h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">2<span class=\"_ _6\"></span>7,11<span class=\"_ _0\"></span>6</div></td><td class=\"c n x13e0 y31cb w8b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>79<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y390a ff11c fs6 fc0 sc0 ls16 ws25\">Manageme<span class=\"_ _0\"></span>nt charges<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31cc w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(26<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13e1 y31cc w680 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>52)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w8b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al a<span class=\"_ _0\"></span>s at 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13e2 y312a w8b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">316<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>2</div></td><td class=\"c n x13e3 y312a web h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls116 ws123\">286,830<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs766\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs767\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs768\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s \u00a315<span class=\"_ _0\"></span>4m i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on t<span class=\"_ _0\"></span>o fu<span class=\"_ _0\"></span>nd m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>es p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentContractsLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-649": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls80 ws16 gs76a\">22 Borrow<span class=\"_ _3\"></span>ings<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs76b\">Bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ngs c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise co<span class=\"_ _0\"></span>re bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Tie<span class=\"_ _0\"></span>r 2 <span class=\"_ _3\"></span>bo<span class=\"_ _0\"></span>nd is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m uns<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>or de<span class=\"_ _0\"></span>bt and op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs76c\">as com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l pape<span class=\"_ _0\"></span>r iss<span class=\"_ _0\"></span>uan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and ban<span class=\"_ _0\"></span>k bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r both co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted an<span class=\"_ _0\"></span>d unc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d deb<span class=\"_ _0\"></span>t faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing ba<span class=\"_ _0\"></span>nk over<span class=\"_ _0\"></span>dr<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs76d\">se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d on spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>c asse<span class=\"_ _0\"></span>ts/cas<span class=\"_ _0\"></span>h flows are in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed as non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs76e\">(i) A<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ysi<span class=\"_ _0\"></span>s by t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div><div class=\"gs76f\"><table class=\"s w2e5 h1a3\" id=\"_3ea75ad0-b292-4873-8220-98c99b8ae30e\"><tr><td></td><td class=\"t m1 x1338 h1b y390b ff11a fs2 fc0 sc0 ls10b ws59\">Borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td class=\"t m1 x6c6 h11 y390c ff11c fs2 fc0 sc0 ls132 ws12c\">Borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x992 h1b y390d ff11a fs2 fc0 sc0 ls35 ws42\">excluding<span class=\"_ _3ad\"> </span></td><td></td><td></td><td class=\"t m1 x654 h11 y390e ff11c fs2 fc0 sc0 ls10b ws59\">excluding<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x2ab h1b y390f ff11a fs2 fc0 sc0 ls132 ws12c\">unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h1b y3910 ff11a fs2 fc0 sc0 ls132 ws12c\">Unit<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x13e4 h11 y3911 ff11c fs2 fc0 sc0 ls3a ws46\">unit<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7b0 h11 y3912 ff11c fs2 fc0 sc0 ls3a ws46\">Unit<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x98f h1b y3913 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x43d h1b y3914 ff11a fs2 fc0 sc0 ls120 ws15a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x5b4 h11 y3915 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3916 ff11c fs2 fc0 sc0 ls8b ws8a\">lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x406 h1b y3917 ff11a fs2 fc0 sc0 ls35 ws42\">borrowings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2c1 h1b y3918 ff11a fs2 fc0 sc0 ls35 ws42\">borrowings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3919 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h11 y391a ff11c fs2 fc0 sc0 ls132 ws12c\">borrowings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x13e5 h11 y391b ff11c fs2 fc0 sc0 ls132 ws12c\">borrowings<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y391c ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y391d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y391e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y391f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3920 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3921 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3922 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3923 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3924 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y3925 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3926 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3927 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3928 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 w35e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>re bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13e6 y3225 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">4,280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x115f y3225 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13e7 y3225 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">4,280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13e8 y3225 w8b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4,<span class=\"_ _0\"></span>338<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ed y3225 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13e9 y3225 wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4<span class=\"_ _0\"></span>,338<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w361 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ea y3277 w5d7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13eb y3277 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">383<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ec y3277 wf0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">1,840<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8d y3277 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">963<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ed y3277 w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">256<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ee y3277 wf1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w8b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal borrowings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ef y312a w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws15\">5,737<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f0 y312a w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">383<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f1 y312a w563 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">6<span class=\"_ _6\"></span>,12<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f2 y312a w8b5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>301<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f3 y312a w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">256<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f4 y312a w4af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">5,557<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs770\">\u00a3<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>2m of inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se was inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year (20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a32<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>4<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>on bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ngs exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se an<span class=\"_ _0\"></span>d uni<span class=\"_ _0\"></span>t linke<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs. T<span class=\"_ _0\"></span>he tota<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs771\">fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the year wer<span class=\"_ _0\"></span>e \u00a33<span class=\"_ _0\"></span>47m (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m), whic<span class=\"_ _0\"></span>h also inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s \u00a37m of <span class=\"_ _3\"></span>fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts on leas<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>8m).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5e wsc gs772\">(ii) Analysis by<span class=\"_ _3\"></span> nature </div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs773\">(a<span class=\"_ _c\"></span>) C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></div><div class=\"gs774\"><table class=\"s w8b6 h1a4\" id=\"_d6ea06c8-5ee5-401e-a2e6-2f21aa6337ba\"><tr><td></td><td class=\"t m1 x13f5 h1b y3929 ff11a fs2 fc0 sc0 ls35 ws42\">Carrying<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x437 h1b y392a ff11a fs2 fc0 sc0 ls115 ws8d\">Coupon </td><td></td><td class=\"t m1 x673 h11 y392b ff11c fs2 fc0 sc0 ls10b ws59\">Carryin<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y392c ff11c fs2 fc0 sc0 ls4 ws3\">Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n </td><td></td></tr><tr><td></td><td class=\"t m1 x13f6 h1b y392d ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h1b y392e ff11a fs2 fc0 sc0 ls64 ws70\">rate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x400 h1b y392f ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1014 h11 y3930 ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x7b0 h11 y3931 ff11f fs2 fc0 sc0 ls14b ws167\">rate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x655 h11 y3932 ff11c fs2 fc0 sc0 ls4 ws3\">Fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y3933 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3934 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3935 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3936 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3937 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3938 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bb h1b y3939 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa74 h1b y393a ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y393b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y393c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x13f7 h11 y393d ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y393e ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y393f ff11a fs6 fc0 sc0 ls4 wsd\">Subordinated borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32ca w8b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.5<span class=\"_ _0\"></span>% S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 206<span class=\"_ _0\"></span>4 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f8 y32ca w14c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13f9 y32ca w8b8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">5.50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13fa y32ca wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">600<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13fb y32ca wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">590<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13fc y32ca w8b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">5.5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13fd y32ca w889 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">5<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33b6 w8ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _0\"></span>375<span class=\"_ _0\"></span>% St<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ed no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1297 y33b6 w80 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">605<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13fe y33b6 w8bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">5.38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13ff y33b6 w59b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">603<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x547 y33b6 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">605<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x789 y33b6 w8bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">5.38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb48 y33b6 w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">593<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321d w8bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>% US Dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 20<span class=\"_ _0\"></span>47 (<span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1400 y321d w21a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">676<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1401 y321d w8bb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">5.25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1402 y321d w9d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls10 ws2f\">656<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1403 y321d w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1404 y321d w8be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">5<span class=\"_ _0\"></span>.25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1255 y321d wf2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls22 ws27\">665<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c w8bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>% US Dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 205<span class=\"_ _0\"></span>2 (T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1405 y347c w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1406 y347c w8c0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">5.55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa8d y347c w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">382<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1407 y347c w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">417<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1408 y347c w8b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">5<span class=\"_ _0\"></span>.55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1409 y347c w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">389<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3470 w8c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _3\"></span>125% S<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted no<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s 204<span class=\"_ _6\"></span>8 (T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe90 y3470 w8c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls167 ws18c\">401<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x140a y3470 w8c3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls178 ws19c\">5<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x140b y3470 w2e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16a ws188\">395<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x140c y3470 w8c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">400<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x140d y3470 w5b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls124 ws133\">5<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x140e y3470 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">377<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 w8c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3.75% S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 20<span class=\"_ _0\"></span>49 (<span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x114f y3220 w8c6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">599<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x140f y3220 w8c7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">3.75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1410 y3220 w12f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">545<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1411 y3220 w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">599<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1412 y3220 w8c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls29 ws33\">3.7<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ec y3220 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">507<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33ba w8c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4.5<span class=\"_ _0\"></span>% S<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 205<span class=\"_ _0\"></span>0 (T<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe11 y33ba w8c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls167 ws18c\">501<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1413 y33ba w8ca h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">4.5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1414 y33ba w2a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">467<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1415 y33ba w7b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">500<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1416 y33ba w8cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">4<span class=\"_ _0\"></span>.50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1417 y33ba w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">439<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3940 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>bt (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></td><td class=\"c n x1418 y325b w844 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(80<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1419 y325b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x141a y325b w87f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls105 ws1d\">(77)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x141b y325b w113 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x141c y325b w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x141d y325b w8cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(67<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c w8cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal subordinated borrowings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x141e y325c w8ce h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsbe wsce\">3,688<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1163 y325c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x141f y325c w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,571<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1420 y325c w746 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb62 y325c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe2c y325c w8cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls174 ws192\">3,444<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3941 ff11a fs6 fc0 sc0 ls13 ws12\">Senior borro<span class=\"_ _3\"></span>wings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31ef w897 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g med<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m ter<span class=\"_ _0\"></span>m no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>31-20<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1421 y31ef w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">609<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5c5 y31ef w8d0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls7a wsa6\">5.87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1422 y31ef w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1d ws32\">666<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1423 y31ef wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">609<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1424 y31ef w8d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">5.87<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d3 y31ef w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls53 ws1e\">6<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3942 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>bt<span class=\"_ _3ad\"> </span></td><td class=\"c n x1418 y31cb w80b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1425 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1426 y31cb w8d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1427 y31cb w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1428 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1429 y31cb wa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w8d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal senior borrowings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x142a y31cc w38a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">592<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb8c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x142b y31cc w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">649<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x849 y31cc w62 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">589<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb20 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x142c y31cc w172 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">6<span class=\"_ _0\"></span>30<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w8d4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal core borrowings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x142d y312a wed h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">4,<span class=\"_ _0\"></span>280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13aa y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x142e y312a w51a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">4,<span class=\"_ _0\"></span>220<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x142f y312a wee h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4<span class=\"_ _0\"></span>,338<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7b4 y312a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa54 y312a w8d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs775\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs776\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs777\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">\u00a39<span class=\"_ _0\"></span>7m (31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m) of th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e he<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d by Le<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>al &amp; G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l cu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h un<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>n </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs778\">as a d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ve.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs75a\">Th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fair valu<span class=\"_ _0\"></span>es of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ore bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t quo<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d pric<span class=\"_ _0\"></span>es in ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve mar<span class=\"_ _0\"></span>kets an<span class=\"_ _0\"></span>d they have be<span class=\"_ _0\"></span>en cla<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as Leve<span class=\"_ _0\"></span>l 1 <span class=\"_ _3\"></span>in the fai<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs779\">valu<span class=\"_ _0\"></span>e hie<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>hy.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls82 ws95 gs77b\">Subordinated<span class=\"_ _3\"></span> borrowi<span class=\"_ _3\"></span>ngs<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs77c\">5.5%<span class=\"_ _3\"></span> Sterling subordina<span class=\"_ _3\"></span>ted<span class=\"_ _3\"></span> notes<span class=\"_ _c\"></span> 206<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs77d\">On 27 Ju<span class=\"_ _0\"></span>ne 2014, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p Plc issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00a360<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>5.5<span class=\"_ _0\"></span>% date<span class=\"_ _0\"></span>d sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s are call<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at par on 27 Jun<span class=\"_ _0\"></span>e 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4 and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs77e\">ever<span class=\"_ _6\"></span>y five year<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ter. If <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>t call<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n from 27 Ju<span class=\"_ _0\"></span>ne 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4 wi<span class=\"_ _0\"></span>ll be rese<span class=\"_ _0\"></span>t to the preva<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ng five yea<span class=\"_ _0\"></span>r ben<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk gi<span class=\"_ _0\"></span>lt yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d plus 3.<span class=\"_ _c\"></span>17% p.a. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs77f\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e notes ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e on 27 June 20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs780\">5.37<span class=\"_ _c\"></span>5% Sterling s<span class=\"_ _3\"></span>ubordinated<span class=\"_ _3\"></span> not<span class=\"_ _3\"></span>es 2045<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs781\">On 27 Oc<span class=\"_ _0\"></span>tob<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 201<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>, Le<span class=\"_ _0\"></span>gal &amp; Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Grou<span class=\"_ _0\"></span>p Plc iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d \u00a360<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of 5.375<span class=\"_ _0\"></span>% date<span class=\"_ _0\"></span>d subo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e notes are ca<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e at par on 27 Octo<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>25 </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs782\">an<span class=\"_ _0\"></span>d ever<span class=\"_ _0\"></span>y five yea<span class=\"_ _0\"></span>rs the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>If not cal<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n fro<span class=\"_ _0\"></span>m 27 Octo<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>25 will be res<span class=\"_ _0\"></span>et to the pre<span class=\"_ _0\"></span>vail<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g five year be<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k gil<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d plu<span class=\"_ _0\"></span>s 4.58<span class=\"_ _0\"></span>% </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs783\">p.a. T<span class=\"_ _0\"></span>hes<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s matu<span class=\"_ _0\"></span>re on 27 Oc<span class=\"_ _0\"></span>tob<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs5d2\">5.25%<span class=\"_ _3\"></span> US Dollar<span class=\"_ _3\"></span> subordinat<span class=\"_ _3\"></span>ed not<span class=\"_ _3\"></span>es 2<span class=\"_ _3\"></span>047<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d3\">On 21 Marc<span class=\"_ _0\"></span>h 2017<span class=\"_ _1\"></span>, Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Gro<span class=\"_ _0\"></span>up Pl<span class=\"_ _0\"></span>c issu<span class=\"_ _0\"></span>ed $<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>5.<span class=\"_ _0\"></span>25% da<span class=\"_ _0\"></span>ted su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d notes<span class=\"_ _0\"></span>. The no<span class=\"_ _0\"></span>tes are ca<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e at par on 21 <span class=\"_ _3\"></span>Ma<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h 202<span class=\"_ _0\"></span>7 and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d4\">ever<span class=\"_ _6\"></span>y five year<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ter. If <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>t call<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n from 21 Mar<span class=\"_ _0\"></span>ch 20<span class=\"_ _0\"></span>27 wil<span class=\"_ _0\"></span>l be rese<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e preva<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ng US Do<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>r mid<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>wap ra<span class=\"_ _0\"></span>te plus 3.68<span class=\"_ _0\"></span>7% p.a<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs5d5\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e notes ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e on 21 <span class=\"_ _3\"></span>Ma<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h 20<span class=\"_ _0\"></span>47<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs5d7\">5.55%<span class=\"_ _c\"></span> U<span class=\"_ _0\"></span>S Dollar<span class=\"_ _3\"></span> subordinat<span class=\"_ _3\"></span>ed no<span class=\"_ _3\"></span>tes 2<span class=\"_ _3\"></span>052<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs784\">On 24 Ap<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 201<span class=\"_ _3\"></span>7<span class=\"_ _c\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d $50<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of 5.55% da<span class=\"_ _0\"></span>ted su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d notes<span class=\"_ _0\"></span>. The no<span class=\"_ _0\"></span>tes are ca<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e at par on 24 Apr<span class=\"_ _0\"></span>il 203<span class=\"_ _0\"></span>2 and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs785\">ever<span class=\"_ _6\"></span>y five year<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ter. If <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>t call<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n from 24 Ap<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 203<span class=\"_ _0\"></span>2 will be res<span class=\"_ _0\"></span>et to the prev<span class=\"_ _0\"></span>aili<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>S Dolla<span class=\"_ _0\"></span>r mid<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>wap ra<span class=\"_ _0\"></span>te plus 4.<span class=\"_ _3\"></span>1<span class=\"_ _c\"></span>9<span class=\"_ _0\"></span>% p.a. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs786\">note<span class=\"_ _0\"></span>s matu<span class=\"_ _0\"></span>re on 24 Ap<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 2052<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs787\">5.<span class=\"_ _c\"></span>1<span class=\"_ _c\"></span>25%<span class=\"_ _3\"></span> Sterling subordina<span class=\"_ _3\"></span>ted n<span class=\"_ _3\"></span>otes<span class=\"_ _3\"></span> 2048<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs788\">On 1<span class=\"_ _3\"></span>4 Nove<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2018, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00a340<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of 5.<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>25<span class=\"_ _0\"></span>% date<span class=\"_ _0\"></span>d sub<span class=\"_ _0\"></span>ord<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e notes are ca<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e at par on 1<span class=\"_ _c\"></span>4 Nove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs789\">20<span class=\"_ _0\"></span>28 an<span class=\"_ _0\"></span>d ever<span class=\"_ _0\"></span>y five yea<span class=\"_ _0\"></span>rs the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r. <span class=\"_ _3\"></span>If not cal<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the cou<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on fro<span class=\"_ _0\"></span>m 1<span class=\"_ _c\"></span>4 Nove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>8 will be res<span class=\"_ _0\"></span>et to the pre<span class=\"_ _0\"></span>vail<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g five year be<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k gil<span class=\"_ _0\"></span>t yiel<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs78a\">plu<span class=\"_ _0\"></span>s 4.65<span class=\"_ _0\"></span>% p.a. The<span class=\"_ _0\"></span>se note<span class=\"_ _0\"></span>s matu<span class=\"_ _0\"></span>re on 1<span class=\"_ _3\"></span>4 Nove<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs78b\">3.<span class=\"_ _3\"></span>75<span class=\"_ _3\"></span>% Sterling<span class=\"_ _3\"></span> subordinated<span class=\"_ _3\"></span> not<span class=\"_ _3\"></span>es 204<span class=\"_ _3\"></span>9<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs78c\">On 26 Novem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2019<span class=\"_ _3\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gro<span class=\"_ _0\"></span>up Pl<span class=\"_ _0\"></span>c issu<span class=\"_ _0\"></span>ed \u00a36<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>3.75% date<span class=\"_ _0\"></span>d sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e notes ar<span class=\"_ _0\"></span>e calla<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e at par on 26 Novem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs78d\">20<span class=\"_ _0\"></span>29 and eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y five yea<span class=\"_ _0\"></span>rs the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r. <span class=\"_ _c\"></span>I<span class=\"_ _0\"></span>f not cal<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, the cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n fro<span class=\"_ _0\"></span>m 26 <span class=\"_ _3\"></span>Nove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>9 will be res<span class=\"_ _0\"></span>et to the pre<span class=\"_ _0\"></span>vail<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g five year be<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k gil<span class=\"_ _0\"></span>t yie<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs78e\">plu<span class=\"_ _0\"></span>s 4.05<span class=\"_ _0\"></span>% p.a. Th<span class=\"_ _0\"></span>ese no<span class=\"_ _0\"></span>tes mat<span class=\"_ _0\"></span>ure on 26 Nove<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>49.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls4 ws69 gs78f\">4.5%<span class=\"_ _3\"></span> Sterling subordin<span class=\"_ _3\"></span>ated<span class=\"_ _3\"></span> notes<span class=\"_ _c\"></span> 2050 </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs790\">On 1 May 2020<span class=\"_ _0\"></span>, Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d \u00a350<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of 4.5% date<span class=\"_ _0\"></span>d sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s are call<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le at par on 1 Novem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 203<span class=\"_ _0\"></span>0 and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs791\">ever<span class=\"_ _6\"></span>y five year<span class=\"_ _0\"></span>s the<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ter. If <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>t call<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n from 1 Novem<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>30 wil<span class=\"_ _0\"></span>l be rese<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e preva<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ng five yea<span class=\"_ _0\"></span>r ben<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk gi<span class=\"_ _0\"></span>lt yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d plus 5.<span class=\"_ _0\"></span>25% p.a<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs792\">Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e notes ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e on 1 <span class=\"_ _3\"></span>Nove<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 205<span class=\"_ _0\"></span>0.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs793\">Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e above sub<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted no<span class=\"_ _0\"></span>tes are tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as Tie<span class=\"_ _0\"></span>r 2 <span class=\"_ _3\"></span>own fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s for Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es unl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s sta<span class=\"_ _0\"></span>ted oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>se.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls82 ws95 gs794\">Senior <span class=\"_ _3\"></span>borrowings<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs795\">Be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 and 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2 Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>ce Pl<span class=\"_ _0\"></span>c issu<span class=\"_ _0\"></span>ed \u00a36<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>or uns<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g med<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m term no<span class=\"_ _0\"></span>tes 2031-2<span class=\"_ _0\"></span>041 at cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs796\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 5.75% and 5.8<span class=\"_ _0\"></span>75%<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se note<span class=\"_ _0\"></span>s have vario<span class=\"_ _0\"></span>us ma<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y dates be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 20<span class=\"_ _0\"></span>31 and 20<span class=\"_ _0\"></span>41<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs797\">(b) Ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs798\"><table class=\"s w8d6 h1a5\" id=\"_9fb6bf49-b272-4428-b346-b40cd77f203d\"><tr><td></td><td class=\"t m1 x86b h1b y3943 ff11a fs2 fc0 sc0 ls35 ws42\">Carrying<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70c h1b y3944 ff11a fs2 fc0 sc0 ls114 wsa1\">Interest<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x867 h11 y3945 ff11c fs2 fc0 sc0 ls10b ws59\">Carryin<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1430 h11 y3946 ff11c fs2 fc0 sc0 ls14b ws167\">Inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 xd32 h1b y3947 ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1431 h1b y3948 ff11a fs2 fc0 sc0 ls64 ws70\">rate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2d h1b y3949 ff11a fs2 fc0 sc0 ls10b ws59\">Fair v<span class=\"_ _3\"></span>alue<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x751 h11 y394a ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x67e h11 y394b ff11f fs2 fc0 sc0 ls14b ws167\">rate<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe74 h11 y394c ff11c fs2 fc0 sc0 ls4 ws3\">Fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y394d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y394e ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y394f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y3950 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3951 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3952 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3953 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1432 h1b y3954 ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3955 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3956 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1433 h11 y3957 ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3958 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3959 ff11a fs6 fc0 sc0 ls4 wsd\">Shor<span class=\"_ _0\"></span>t-<span class=\"_ _3\"></span>term operational borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y35b7 w8d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Eu<span class=\"_ _0\"></span>ro Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l Pap<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x120c y35b7 w8d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1434 y35b7 w8d9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">4.7<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1435 y35b7 w8d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13af y35b7 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1436 y35b7 w8da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">1.6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1437 y35b7 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">50<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3425 w8db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ba<span class=\"_ _0\"></span>nk lo<span class=\"_ _0\"></span>ans an<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>raf<span class=\"_ _6\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1438 y3425 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1439 y3425 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y3425 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xefc y3425 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e9 y3425 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143a y3425 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y395a ff11a fs6 fc0 sc0 ls13 ws12\">Non-recourse borrow<span class=\"_ _3\"></span>ings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y35b8 w8dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe4c y35b8 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe7d y35b8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe79 y35b8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143b y35b8 w8dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">64<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143c y35b8 w8de h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5<span class=\"_ _0\"></span>.6<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55e y35b8 w17e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">64<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d w8df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A revol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143d y322d w7fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143e y322d w8e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls17c ws19f\">7.1<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143f y322d w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a8 y322d wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1440 y322d w8e1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">5<span class=\"_ _0\"></span>.5<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1441 y322d wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w8e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ass B Su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Not<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1442 y3282 w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1443 y3282 w8e3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">8.27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1444 y3282 w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,17<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8d y3282 w13e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">788<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1445 y3282 w8e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">6.6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1446 y3282 w13e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">788<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w8e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s revo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it fa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1447 y31f6 w8e6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1448 y31f6 w8e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls17c ws19f\">7.1<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1449 y31f6 w8e6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x144a y31f6 w7e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1404 y31f6 w8e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4.38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x144b y31f6 w7e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w8e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lar re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x144c y31f7 w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x144d y31f7 w233 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">8.30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x144e y31f7 w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x144f y31f7 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1450 y31f7 w8e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">6.62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1451 y31f7 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w8ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n Bui<span class=\"_ _0\"></span>ld to Re<span class=\"_ _0\"></span>nt rev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1452 y31f8 w6cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1453 y31f8 w8eb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">6.0<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1454 y31f8 w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y31f8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y31f8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1455 y31f8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y312a w8ec h1a6\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal operational borrowings</div><div class=\"t m1 x1456 haa y395b ff11a fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12d3 y395c w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1457 y395c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1458 y395c we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1459 y395c w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">963<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x145a y395c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x145b y395c w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">963<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs799\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Un<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s wi<span class=\"_ _0\"></span>th a c<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of \u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>83<span class=\"_ _0\"></span>m (31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>6m) a<span class=\"_ _0\"></span>re e<span class=\"_ _0\"></span>xcl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fr<span class=\"_ _0\"></span>om t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s ab<span class=\"_ _0\"></span>ove a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e ri<span class=\"_ _0\"></span>sk i<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>yh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s. O<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs79a\">bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e \u00a31,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m (31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>219m).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls4 ws3 gs79c\">Non-recourse <span class=\"_ _3\"></span>borrowings<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs79d\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Ca<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f Inte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y was sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d on the asse<span class=\"_ _0\"></span>ts of Car<span class=\"_ _0\"></span>dif<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d Leg<span class=\"_ _0\"></span>al &amp; Gene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al Inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs79e\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>\u2019s (LGCI<span class=\"_ _0\"></span>L) sha<span class=\"_ _0\"></span>res in<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pany de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t owed by, <span class=\"_ _3\"></span>Ca<span class=\"_ _0\"></span>rdi<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f Inte<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs79f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Grou<span class=\"_ _0\"></span>p (Ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d\u2019s revol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by way of <span class=\"_ _3\"></span>a bon<span class=\"_ _0\"></span>d and floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e, an<span class=\"_ _0\"></span>d gua<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d fixed cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a0\">gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ted by CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d and its ma<span class=\"_ _0\"></span>in sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s (CAL<span class=\"_ _6\"></span>A 1<span class=\"_ _c\"></span>9<span class=\"_ _0\"></span>99 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d CAL<span class=\"_ _6\"></span>A Mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>). A <span class=\"_ _c\"></span>n<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er of othe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a1\">bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s and floa<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, fixed se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, deb<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s and sha<span class=\"_ _0\"></span>re ple<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ges ove<span class=\"_ _0\"></span>r land an<span class=\"_ _0\"></span>d asse<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ted by cer<span class=\"_ _6\"></span>ta<span class=\"_ _0\"></span>in sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a2\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Grou<span class=\"_ _0\"></span>p Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d in favou<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e len<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7a3\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Th<span class=\"_ _0\"></span>e Clas<span class=\"_ _0\"></span>s B <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us Note<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>a US sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of the Gro<span class=\"_ _0\"></span>up as par<span class=\"_ _0\"></span>t of a coin<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re for th<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>se of US sta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a4\">re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e notes we<span class=\"_ _0\"></span>re iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d in excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e for bon<span class=\"_ _0\"></span>ds of the same val<span class=\"_ _0\"></span>ue fro<span class=\"_ _0\"></span>m an unr<span class=\"_ _0\"></span>ela<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d wit<span class=\"_ _0\"></span>hin fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts on the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a5\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7a6\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Th<span class=\"_ _0\"></span>e revol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es to Affor<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e Hom<span class=\"_ _0\"></span>es is sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ed cove<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e brea<span class=\"_ _0\"></span>ch of whi<span class=\"_ _0\"></span>ch co<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>d resu<span class=\"_ _0\"></span>lt in a char<span class=\"_ _0\"></span>ge on the la<span class=\"_ _0\"></span>nd and<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a7\">wor<span class=\"_ _0\"></span>k in pro<span class=\"_ _0\"></span>gre<span class=\"_ _0\"></span>ss of Leg<span class=\"_ _0\"></span>al &amp; Gene<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Af<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>dab<span class=\"_ _0\"></span>le Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s (Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2) Limi<span class=\"_ _0\"></span>ted an<span class=\"_ _0\"></span>d Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Af<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>dab<span class=\"_ _0\"></span>le Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s (Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 3) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7a8\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mod<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ar Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>\u2019s revolv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is secu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by way <span class=\"_ _3\"></span>of fixed ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s over deve<span class=\"_ _0\"></span>lop<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies own<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7a9\">Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>fixe<span class=\"_ _0\"></span>d cha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e over the sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s in the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny. </div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7aa\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Su<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ban Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>Re<span class=\"_ _0\"></span>nt revo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y is secu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by way <span class=\"_ _3\"></span>of fixed ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s over devel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es own<span class=\"_ _0\"></span>ed by the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any an<span class=\"_ _0\"></span>d a <span class=\"_ _3\"></span>fixe<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ab\">ch<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e over the sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s in the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ac\">Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g value of ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al bor<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>gs ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s thei<span class=\"_ _0\"></span>r fair valu<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fair val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t obs<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vab<span class=\"_ _0\"></span>le mar<span class=\"_ _0\"></span>ket in<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n and have </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ad\">be<span class=\"_ _0\"></span>en cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as Level 2 in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e hie<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>hy wit<span class=\"_ _0\"></span>h the exce<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the Af<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>dab<span class=\"_ _0\"></span>le Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s revol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y whi<span class=\"_ _0\"></span>ch has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ae\">Leve<span class=\"_ _0\"></span>l 3.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls7a ws80 gs7af\">(iii) Analysis by maturity<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs7b0\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs7b1\"><table class=\"s w8ed h1a7\" id=\"_c860bf1d-a0f9-46da-9d5c-cb3899ff90a9\"><tr><td></td><td></td><td></td><td class=\"t m1 x5bc h1b y395d ff11e fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h fl<span class=\"_ _0\"></span>ows<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x145c h1b y395e ff11a fs2 fc0 sc0 ls35 ws42\">Carrying<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x98f h1b y395f ff11a fs2 fc0 sc0 ls132 ws12c\">Within<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y3960 ff11a fs2 fc0 sc0 ls60 wsa8\">1-5<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa75 h1b y3961 ff11a fs2 fc0 sc0 lsb4 wsc0\">5<span class=\"_ _0\"></span>-1<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h1b y3962 ff11a fs2 fc0 sc0 ls30 ws3b\">15<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x451 h1b y3963 ff11a fs2 fc0 sc0 lsdf wsdb\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x145d h1b y3964 ff11a fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x145e h1b y3965 ff11a fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x145f h1b y3966 ff11a fs2 fc0 sc0 lsf5 ws103\">year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb8 h1b y3967 ff11a fs2 fc0 sc0 lsf5 ws103\">year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b4 h1b y3968 ff11a fs2 fc0 sc0 lsf5 ws103\">year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b5 h1b y3969 ff11a fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3969 ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa76 h1b y396a ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bb h1b y396b ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x993 h1b y396c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5bd h1b y396d ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y396e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y396f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y396f ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 he y3970 ff11a fs6 fc0 sc0 ls4 wsd\">Subordinated borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3971 w8b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.5<span class=\"_ _0\"></span>% S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 206<span class=\"_ _0\"></span>4 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1460 y3971 w14c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11fc y3971 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1461 y3971 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1462 y3971 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1463 y3971 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1464 y3971 w885 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1465 y3971 w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3972 w8ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _0\"></span>375<span class=\"_ _0\"></span>% St<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ed no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1466 y3972 w5ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">605<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1467 y3972 w8ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3f y3972 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1468 y3972 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1469 y3972 w8ef h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d1 y3972 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146a y3972 w281 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3973 w8bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>% US Dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 20<span class=\"_ _0\"></span>47 (<span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146b y3973 w814 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">676<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146c y3973 w8f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe12 y3973 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146d y3973 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146e y3973 w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146f y3973 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1470 y3973 w8f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls29 ws33\">(678<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3974 w8bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>% US Dol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 205<span class=\"_ _0\"></span>2 (T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11d7 y3974 w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">396<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1471 y3974 w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb45 y3974 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd46 y3974 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1472 y3974 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1473 y3974 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1474 y3974 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(39<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3975 w8c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _3\"></span>125% S<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted no<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s 204<span class=\"_ _6\"></span>8 (T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1475 y3975 w8c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls167 ws18c\">401<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1476 y3975 w481 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c6 y3975 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1477 y3975 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1478 y3975 w78a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x89b y3975 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1479 y3975 w76c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3976 w8c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3.75% S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 20<span class=\"_ _0\"></span>49 (<span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147a y3976 w14c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147b y3976 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147c y3976 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147d y3976 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf33 y3976 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147e y3976 w47b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147f y3976 w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3977 w8c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4.5<span class=\"_ _0\"></span>% S<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 205<span class=\"_ _0\"></span>0 (T<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1480 y3977 w8c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls167 ws18c\">501<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1481 y3977 w720 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe12 y3977 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146d y3977 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1482 y3977 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1483 y3977 w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1484 y3977 w8f2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3978 w8f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>bt (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1485 y3978 w801 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1486 y3978 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1487 y3978 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1488 y3978 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdaa y3978 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x146f y3978 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x817 y3978 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3979 ff11a fs6 fc0 sc0 ls13 ws12\">Senior borro<span class=\"_ _3\"></span>wings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y397a w897 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g med<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m ter<span class=\"_ _0\"></span>m no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>31-20<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1489 y397a w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">609<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148a y397a w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148b y397a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148c y397a w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(5<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148d y397a w237 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y397a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148e y397a w8f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>611<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y397b w8f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>bt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148f y397b w8f6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>17<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1490 y397b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3f y397b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1468 y397b w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x815 y397b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y397b w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1491 y397b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y397c w8d4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal core borrowings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1492 y397c wed h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1a ws2c\">4,<span class=\"_ _0\"></span>280<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1493 y397c w818 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147c y397c w10a h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1494 y397c w66 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls129 ws13a\">(<span class=\"_ _0\"></span>59<span class=\"_ _0\"></span>0)</div></td><td class=\"c n x1495 y397c w64f h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>78<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1496 y397c w8f7 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _6\"></span>,0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3)</div></td><td class=\"c n x1497 y397c w1cf h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8c ws8f\">(4<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y397d ff11a fs6 fc0 sc0 ls4 wsd\">Short-term operational<span class=\"_ _3\"></span> borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y397e w8d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Eu<span class=\"_ _0\"></span>ro Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l Pap<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1498 y397e w8d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1499 y397e wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149a y397e w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10df y397e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149b y397e w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdc0 y397e w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x506 y397e w8f8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y397f w8db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ba<span class=\"_ _0\"></span>nk lo<span class=\"_ _0\"></span>ans an<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>raf<span class=\"_ _6\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149c y397f w7e0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149d y397f w5a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(<span class=\"_ _0\"></span>12)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb3a y397f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149e y397f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y397f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x819 y397f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149f y397f w397 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">(12)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3980 ff11a fs6 fc0 sc0 ls13 ws12\">Non-recourse borrow<span class=\"_ _3\"></span>ings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3981 w8f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a0 y3981 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x123b y3981 w10b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a6 y3981 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a1 y3981 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1045 y3981 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a2 y3981 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y3981 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3982 w8df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A revol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a3 y3982 w7f2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57a y3982 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a4 y3982 wcf h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd66 y3982 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a5 y3982 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a6 y3982 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a7 y3982 w789 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3983 w8e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ass B Su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Not<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a8 y3983 w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,17<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14a9 y3983 w8fa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14aa y3983 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ab y3983 w8fb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ac y3983 w511 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y3983 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ad y3983 w651 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">(1<span class=\"_ _0\"></span>,17<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3984 w8e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s revo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it fa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ae y3984 w2aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls180 ws1a2\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14af y3984 w113 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13c1 y3984 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b0 y3984 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b1 y3984 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b2 y3984 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b3 y3984 w113 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8c ws8f\">(41)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3985 w8e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lar re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b4 y3985 w8fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ab y3985 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b5 y3985 w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b6 y3985 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b7 y3985 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b8 y3985 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b9 y3985 w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3986 w8ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n Bui<span class=\"_ _0\"></span>ld to Re<span class=\"_ _0\"></span>nt rev<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ba y3986 w6cb h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14bb y3986 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14bc y3986 w8fd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(19)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba7 y3986 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14bd y3986 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14be y3986 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe25 y3986 w8fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(<span class=\"_ _0\"></span>19)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w8ff h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal operational borrowings<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14bf y33d1 w473 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c0 y33d1 w900 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1c ws1f\">(106<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c1 y33d1 w901 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8d ws90\">(<span class=\"_ _0\"></span>17<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c2 y33d1 w430 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c3 y33d1 w1f0 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c4 y33d1 w10a h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c5 y33d1 w4e8 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3987 ff11a fs6 fc0 sc0 ls13 ws12\">T<span class=\"_ _c\"></span>otal borrowing<span class=\"_ _3\"></span>s ex<span class=\"_ _3\"></span>cluding unit l<span class=\"_ _3\"></span>inked borro<span class=\"_ _3\"></span>wings<span class=\"_ _3ad\"> </span></td><td class=\"c n x14c6 y31cb w473 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsd ws15\">5,73<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c7 y31cb wcf h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c8 y31cb w486 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls8d ws90\">(17<span class=\"_ _0\"></span>9)</div></td><td class=\"c n x14c9 y31cb w120 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>1,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>)</div></td><td class=\"c n x14ca y31cb w902 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls4b ws56\">(2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9)</div></td><td class=\"c n x14cb y31cb w903 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _6\"></span>,0<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3)</div></td><td class=\"c n x14cc y31cb w904 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls129 ws13a\">(5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>86<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w905 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x14cd y31f8 w7ee h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(3<span class=\"_ _0\"></span>16)</div></td><td class=\"c n x14ce y31f8 w886 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>76)</div></td><td class=\"c n x14cf y31f8 w906 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _6\"></span>,78<span class=\"_ _0\"></span>6)</div></td><td class=\"c n x14d0 y31f8 w907 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(1,9<span class=\"_ _0\"></span>13)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14d1 y31f8 w317 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(65<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)</div></td><td class=\"c n x5e2 y31f8 w908 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w909 h131\"><div class=\"t m1 x1e4 he y3063 ff11e fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x14d2 y312a wd4 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls76 ws84\">(46<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)</div></td><td class=\"c n x14d3 y312a w255 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)</div></td><td class=\"c n x14d4 y312a w90a h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1f ws22\">(3<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>919<span class=\"_ _0\"></span>)</div></td><td class=\"c n x14d5 y312a w90b h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls22 ws27\">(4,222<span class=\"_ _3\"></span>)</div></td><td class=\"c n x1305 y312a w90c h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _6\"></span>,748)</div></td><td class=\"c n x14d6 y312a w403 h131\"><div class=\"t m1 x1e4 he y3063 ff11a fs6 fc0 sc0 ls1e ws21\">(12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 haa ff11a fsd fc0 sc0 ls4 ws3 gs7b2\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs7b3\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Un<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ve as t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k is r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs7b5\">As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s w90d h1a8\" id=\"_3276922e-f62e-4add-98b0-77c5caf8947f\"><tr><td></td><td></td><td></td><td class=\"t m1 x94f h11 y3988 ff11c fs2 fc0 sc0 ls4 ws3\">Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>h flo<span class=\"_ _0\"></span>ws<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x14d7 h11 y3989 ff11c fs2 fc0 sc0 ls10b ws59\">Carryin<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91c h11 y398a ff11c fs2 fc0 sc0 ls39 ws1c\">Within<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y398b ff11c fs2 fc0 sc0 ls91 wsda\">1-5<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70d h11 y398c ff11c fs2 fc0 sc0 ls62 ws6e\">5<span class=\"_ _6\"></span>-15<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x711 h11 y398d ff11c fs2 fc0 sc0 ls62 ws6e\">15<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f7 h11 y398e ff11c fs2 fc0 sc0 lsf5 ws103\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x14d8 h11 y398f ff11c fs2 fc0 sc0 ls35 ws42\">amount<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x91e h11 y3990 ff11c fs2 fc0 sc0 ls4 ws3\">1 yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53d h11 y3991 ff11c fs2 fc0 sc0 lsc2 wsd0\">years<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h11 y3992 ff11c fs2 fc0 sc0 lsc2 wsd0\">years<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x711 h11 y3993 ff11c fs2 fc0 sc0 lsc2 wsd0\">years<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33e h11 y3994 ff11c fs2 fc0 sc0 ls4 ws3\">25 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3994 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x541 h11 y3995 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x334 h11 y3996 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h11 y3997 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3998 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3999 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y399a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y399a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y399b ff11c fs6 fc0 sc0 ls10 ws2f\">Subordinated borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y320d w8b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.5<span class=\"_ _0\"></span>% S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rli<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 206<span class=\"_ _0\"></span>4 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14d9 y320d w90e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">590<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14da y320d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14db y320d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14dc y320d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121f y320d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14dd y320d wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x531 y320d w792 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3210 w8ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _0\"></span>375<span class=\"_ _0\"></span>% St<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ed no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1466 y3210 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsbe wsce\">605<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x126d y3210 w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14de y3210 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14df y3210 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e0 y3210 w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9e y3210 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e1 y3210 w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y399c w90f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>% US Su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>47 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d6 y399c w2fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">7<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e2 y399c wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e3 y399c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e4 y399c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x138a y399c w910 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls167 ws18c\">(<span class=\"_ _0\"></span>70<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe0d y399c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e5 y399c w911 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y399d w912 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.5<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>% US Su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>52 (<span class=\"_ _0\"></span>Ti<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10cc y399d w666 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">4<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e6 y399d w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e7 y399d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc53 y399d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fa y399d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e8 y399d w913 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>414)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14e9 y399d w914 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">(4<span class=\"_ _0\"></span>18)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y399e w8c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">5.<span class=\"_ _3\"></span>125% S<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ted no<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s 204<span class=\"_ _6\"></span>8 (T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ea y399e w915 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">400<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14eb y399e w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ec y399e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ed y399e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x112d y399e w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ee y399e w843 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ef y399e w58b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y399f w916 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3.75%<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>49 (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f0 y399f w90e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">599<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f1 y399f w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f7 y399f w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x554 y399f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1045 y399f w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f2 y399f w917 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(60<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f3 y399f wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39a0 w8c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4.5<span class=\"_ _0\"></span>% S<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d note<span class=\"_ _0\"></span>s 205<span class=\"_ _0\"></span>0 (T<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>er 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa77 y39a0 w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">500<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f4 y39a0 w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f5 y39a0 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f6 y39a0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba3 y39a0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f7 y39a0 w67 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(50<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f8 y39a0 w317 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39a1 w8f3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>bt (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f9 y39a1 w113 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls150 ws2b\">(<span class=\"_ _0\"></span>74<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a1 y39a1 w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba6 y39a1 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fa y39a1 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xada y39a1 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fb y39a1 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fc y39a1 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y39a2 ff11c fs6 fc0 sc0 ls1a ws2c\">Senior borrowings<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39a3 w897 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g med<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m ter<span class=\"_ _0\"></span>m no<span class=\"_ _0\"></span>tes 20<span class=\"_ _0\"></span>31-20<span class=\"_ _0\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1489 y39a3 wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls43 ws190\">609<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fd y39a3 w7b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fe y39a3 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14ff y39a3 w918 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(5<span class=\"_ _0\"></span>90)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1500 y39a3 w93 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd68 y39a3 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1501 y39a3 w286 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>611<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y397c w8f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p de<span class=\"_ _0\"></span>bt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148f y397c w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe51 y397c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc64 y397c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd46 y397c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba8 y397c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2c y397c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd47 y397c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39a4 w919 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>re bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1502 y39a4 w400 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">4,338<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1503 y39a4 w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148b y39a4 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1504 y39a4 w67 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(59<span class=\"_ _0\"></span>0)</div></td><td class=\"c n x1505 y39a4 w91a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>14)</div></td><td class=\"c n x1506 y39a4 w6eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(2<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1507 y39a4 w91b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y39a5 ff11c fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39a6 w8d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Eu<span class=\"_ _0\"></span>ro Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l Pap<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1498 y39a6 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls3c wse5\">50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1508 y39a6 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(5<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149a y39a6 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb36 y39a6 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb31 y39a6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb32 y39a6 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73b y39a6 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(5<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39a7 w8db h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ba<span class=\"_ _0\"></span>nk lo<span class=\"_ _0\"></span>ans an<span class=\"_ _0\"></span>d ove<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>raf<span class=\"_ _6\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1509 y39a7 w91c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x150a y39a7 w91d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13bd y39a7 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x150b y39a7 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfaf y39a7 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb0 y39a7 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1220 y39a7 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y39a8 ff11c fs6 fc0 sc0 lsd ws15\">No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39a9 w8f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x150c y39a9 w91e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls115 ws8d\">64<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x150d y39a9 w7e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f7 y39a9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x554 y39a9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1045 y39a9 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1046 y39a9 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x131f y39a9 w6ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39aa w8df h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A revol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1498 y39aa wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x150e y39aa w131 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x150f y39aa w2c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(24)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11cf y39aa w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa2 y39aa w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y39aa w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1510 y39aa w152 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(24<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39ab w8e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cl<span class=\"_ _0\"></span>ass B Su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Not<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1511 y39ab w91f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls7a wsa6\">788<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1512 y39ab w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1513 y39ab w3a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1514 y39ab w66d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd0b y39ab w920 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>19)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1515 y39ab w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1516 y39ab w83e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33cf w8e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s revo<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it fa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1517 y33cf w7e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14af y33cf w20b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1518 y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1519 y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1067 y33cf w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1068 y33cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x149f y33cf w15d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d0 w8e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mod<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lar re<span class=\"_ _0\"></span>vol<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b4 y33d0 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x151a y33d0 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x151b y33d0 w90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fa y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xada y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fb y33d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x151c y33d0 w93 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33d1 w921 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x151d y33d1 w90e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">963<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x151e y33d1 w13a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf4 y33d1 w12f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8<span class=\"_ _0\"></span>5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x151f y33d1 w2ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1520 y33d1 w922 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14fb y33d1 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeba y33d1 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y39ad w923 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l bor<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s excl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d bor<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s</div><div class=\"t m1 x1521 h15 y39ac ff11c fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1522 y31cb w451 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">5,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>01<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1523 y31cb w924 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1524 y31cb w925 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(85<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1525 y31cb w7b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>12<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1526 y31cb w8ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,633)</div></td><td class=\"c n x1527 y31cb w926 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>14)</div></td><td class=\"c n x1528 y31cb w927 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(5,<span class=\"_ _0\"></span>421<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w905 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ted in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st pa<span class=\"_ _0\"></span>ym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x14cd y31cc w928 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1529 y31cc w929 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">(1<span class=\"_ _0\"></span>,15<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>)</div></td><td class=\"c n x152a y31cc w92a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">(<span class=\"_ _3\"></span>2,569<span class=\"_ _3\"></span>)</div></td><td class=\"c n x152b y31cc w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x152c y31cc w805 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)</div></td><td class=\"c n x1390 y31cc w16b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w92b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l und<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flow<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x152d y312a w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8)</div></td><td class=\"c n x131c y312a w92c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">(<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>,235)</div></td><td class=\"c n x152e y312a w594 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>1)</div></td><td class=\"c n x152f y312a w75f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>29)</div></td><td class=\"c n x1530 y312a w92d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(3,<span class=\"_ _6\"></span>295<span class=\"_ _0\"></span>)</div></td><td class=\"c n x1531 y312a w92e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>12<span class=\"_ _6\"></span>,10<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs150\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Un<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is a<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ve as t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k is r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d by p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs28b\">Th<span class=\"_ _0\"></span>e matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e above is cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted on the bas<span class=\"_ _0\"></span>is tha<span class=\"_ _0\"></span>t a <span class=\"_ _3\"></span>fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to refi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rin<span class=\"_ _0\"></span>g loa<span class=\"_ _0\"></span>n is <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>t rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d unle<span class=\"_ _0\"></span>ss the fac<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d loan are<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs152\">re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d. If re<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the Gro<span class=\"_ _0\"></span>up\u2019s cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fac<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s was rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, the<span class=\"_ _0\"></span>n all amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts sh<span class=\"_ _0\"></span>own as rep<span class=\"_ _0\"></span>ayab<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n one yea<span class=\"_ _0\"></span>r woul<span class=\"_ _0\"></span>d be recl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs153\">as rep<span class=\"_ _0\"></span>ayab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en on<span class=\"_ _0\"></span>e and five year<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs154\">Un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d base<span class=\"_ _0\"></span>d on the year en<span class=\"_ _0\"></span>d app<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te and spo<span class=\"_ _0\"></span>t excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e rate<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls70 ws7b gs7b6\">Syndicated credit facility<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs752\">As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up had in pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>\u00a31.5bn sy<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d revolv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cre<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>ts key rela<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nsh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs753\">ban<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>, matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng in Aug<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t 20<span class=\"_ _0\"></span>28. No am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s were ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5d ws68 gs7b8\">(iv<span class=\"_ _3\"></span>) Mov<span class=\"_ _3\"></span>ement in borro<span class=\"_ _3\"></span>wings<span class=\"_ _3ad\"> </span></div><div class=\"gs7b9\"><table class=\"s w92f h1a9\" id=\"_299a3ec7-3711-412a-aaf5-e647f8df98c4\"><tr><td></td><td class=\"t m1 x225 h1b y39ae ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y39ae ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39af ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39af ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3306 w381 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1532 y3306 w320 h12d\"><div class=\"t m1 x1e4 ha y3034 ff11a fs6 fc0 sc0 ls1a ws2c\">5,557<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1533 y3306 w930 h12c\"><div class=\"t m1 x1e4 ha y3034 ff11c fs6 fc0 sc0 ls169 ws187\">5<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39b0 ff11c fs6 fc0 sc0 ls13 ws17\">Cash <span class=\"_ _3\"></span>movements<span class=\"_ _3\"></span>:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x4da y31ea w931 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Pro<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ds fr<span class=\"_ _0\"></span>om bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1534 y31ea w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>78<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1535 y31ea wbd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2d ws37\">691<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y31eb w932 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Rep<span class=\"_ _0\"></span>aym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1536 y31eb w8f2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1537 y31eb w185 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">(<span class=\"_ _0\"></span>737)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y31ec w933 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in bank lo<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s and ove<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1538 y31ec w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1539 y31ec w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39b1 ff11c fs6 fc0 sc0 ls13 ws17\">Non-<span class=\"_ _0\"></span>cash mo<span class=\"_ _3\"></span>vements:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x4da y324c w934 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Amo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x153a y324c w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x153b y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y31cb w935 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Fore<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n exc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e rate mo<span class=\"_ _0\"></span>vem<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x153c y31cb w76 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x153d y31cb w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls27 ws30\">201<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4da y31cc w936 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x153e y31cc w937 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x153f y31cc wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(42)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w938 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal core and operational<span class=\"_ _3\"></span> borrowings as<span class=\"_ _3\"></span> at 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1540 y312a w416 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">6<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1541 y312a w4af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls11 ws3a\">5,557</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-650": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls64 ws70 gs7bb\">23 Provisions<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5e wsc gs7bc\">(i) Analysis of<span class=\"_ _3\"></span> provisions<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls114 wsa1 gs7bd\">Notes<span class=\"_ _3ad\"> </span></div><div class=\"gs7be\"><table class=\"s w2e5 h1aa\" id=\"_cae6bb53-68f3-472a-b744-e44bc180d8e6\"><tr><td></td><td></td><td class=\"t m1 x225 h1b y329d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y32a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w939 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Othe<span class=\"_ _0\"></span>r <span class=\"_ _3\"></span>provisions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc66 y31cb w32b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2e ws38\">23(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y31cb w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1543 y31cb w800 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">273<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w93a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Retirement <span class=\"_ _3\"></span>benefit obligat<span class=\"_ _3\"></span>ions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1544 y31cc w93b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">23(iii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1545 y31cc w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1546 y31cc w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">617<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w93c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal provisions<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21e y312a w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">258<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1547 y312a wfc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">89<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls0 ws3 gs7bf\">(ii<span class=\"_ _0\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7c0\">O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s that Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (LGI<span class=\"_ _0\"></span>M) is com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r on the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on of its exis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7c1\">par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip wi<span class=\"_ _0\"></span>th S<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d in 2021, to <span class=\"_ _3\"></span>inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase th<span class=\"_ _0\"></span>e use of Char<span class=\"_ _0\"></span>les R<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r tech<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the fro<span class=\"_ _0\"></span>nt offi<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ver mi<span class=\"_ _0\"></span>ddl<span class=\"_ _0\"></span>e offic<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7c2\">se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s goi<span class=\"_ _0\"></span>ng for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. Cos<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of data an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to St<span class=\"_ _0\"></span>ate S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the new op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7c3\">Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on a bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te basi<span class=\"_ _0\"></span>s by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of plaus<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g into<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7c4\">ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d for the pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n was \u00a31<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>8m (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls18a ws1aa gs7c5\">\u00a3<span class=\"_ _6\"></span>111m<span class=\"_ _6\"></span>)<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11e fs0 fc4 sc0 ls0 ws0 gs7c6\">(ii<span class=\"_ _0\"></span>i) Ret<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs7c7\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7c8\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es in the UK an<span class=\"_ _0\"></span>d overs<span class=\"_ _0\"></span>eas:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7c9\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Per<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>nal Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Pla<span class=\"_ _0\"></span>n (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>);<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7ca\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>f St<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>);<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs7cb\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca In<span class=\"_ _0\"></span>c. Sav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs Pla<span class=\"_ _0\"></span>n (US); an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs120\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs122\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons of \u00a3102m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a393<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>re mad<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs700\">De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs701\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s in the UK an<span class=\"_ _0\"></span>d overs<span class=\"_ _0\"></span>eas:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs51d\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca In<span class=\"_ _0\"></span>c. Cas<span class=\"_ _0\"></span>h Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Plan (U<span class=\"_ _0\"></span>S). The las<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>l act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was as at <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs702\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Deat<span class=\"_ _0\"></span>h Ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>is sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to new mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>07 and cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to futu<span class=\"_ _0\"></span>re ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>al </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7cc\">on 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2018; <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e last tr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ial ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion was as at 6 <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>il 20<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs129\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s in the UK<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs51f\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p UK Pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on and As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Fund (the Fun<span class=\"_ _0\"></span>d). Th<span class=\"_ _0\"></span>e Fund was clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s from Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 1<span class=\"_ _3\"></span>995<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11f fs0 fc4 sc0 ls0 ws0 gs520\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p UK Se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>or Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e (the Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me). The Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e was, wi<span class=\"_ _0\"></span>th a few <span class=\"_ _3\"></span>exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s from the Fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>), </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7cd\">cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to new mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om Aug<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 and fina<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y clos<span class=\"_ _0\"></span>ed to new me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m Apr<span class=\"_ _0\"></span>il 20<span class=\"_ _0\"></span>07<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Fund an<span class=\"_ _0\"></span>d Sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me had pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ous<span class=\"_ _0\"></span>ly be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by way of <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, whi<span class=\"_ _0\"></span>ch wer<span class=\"_ _0\"></span>e not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as an asse<span class=\"_ _0\"></span>t for IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>9 pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>s. In Ap<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, Assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies (A<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>s), previ<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es and Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d (LGA<span class=\"_ _0\"></span>S), were sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a38<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span> (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>8m) and co<span class=\"_ _0\"></span>nver<span class=\"_ _6\"></span>ted in<span class=\"_ _0\"></span>to ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. An add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal top<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of \u00a31<span class=\"_ _3\"></span>8<span class=\"_ _0\"></span>3m<span class=\"_ _0\"></span>, pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d on an arm<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th bas<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, was paid to LGAS by the de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sche<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es as par<span class=\"_ _0\"></span>t of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, mak<span class=\"_ _0\"></span>ing a total co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on for new an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a31,02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a36<span class=\"_ _3\"></span>1m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>is res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in bo<span class=\"_ _0\"></span>th pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng ful<span class=\"_ _0\"></span>ly cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by annu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d a buy<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ou<span class=\"_ _0\"></span>t of the Fund and the S<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e in Novem<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es wer<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed for in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n LGAS an<span class=\"_ _0\"></span>d mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, all the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s oblig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es have now be<span class=\"_ _0\"></span>en fu<span class=\"_ _0\"></span>lly ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion as at the se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t date of \u00a31,470<span class=\"_ _0\"></span>m was ther<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. On th<span class=\"_ _0\"></span>e same da<span class=\"_ _0\"></span>te, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d the dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to the pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion at thi<span class=\"_ _0\"></span>s date and th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17 <span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in \u00a316<span class=\"_ _3\"></span>7m bein<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>9, pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pall<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d CS<span class=\"_ _0\"></span>M and ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Fund an<span class=\"_ _0\"></span>d the Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ill ho<span class=\"_ _0\"></span>ld min<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>l resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the cos<span class=\"_ _0\"></span>t of wind<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s. Bo<span class=\"_ _0\"></span>th the Fun<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span> Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to comp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te the<span class=\"_ _0\"></span>ir wi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>up in 202<span class=\"_ _0\"></span>4.<span class=\"_ _3ad\"> </span><table class=\"s w93d h1ab\" id=\"_43543cc5-335d-473d-a79b-79d5b50b666a\"><tr><td></td><td class=\"t m1 x1548 h1b y39b2 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x34a h1b y39b3 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y39b4 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1549 h11 y39b5 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xc6f h1b y39b6 ff11a fs2 fc0 sc0 ls132 ws12c\">Scheme<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x154a h1b y39b7 ff11a fs2 fc0 sc0 ls115 ws8d\">and Ov<span class=\"_ _3\"></span>erseas<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h11 y39b8 ff11c fs2 fc0 sc0 ls34 ws41\">Scheme<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x448 h11 y39b9 ff11c fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y39ba ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y39bb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y39bc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y39bd ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y39be ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y39bf ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y39c0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y39c1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y39c2 ff11e fs6 fc0 sc0 lsd ws15\">Move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39c3 w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154b y39c3 w93e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154c y39c3 w3b8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154d y39c3 w93f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154e y39c3 w3b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39c4 w940 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154f y39c4 w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8e y39c4 w67d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1550 y39c4 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1551 y39c4 w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39c5 w941 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1552 y39c5 w7ba h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1553 y39c5 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1554 y39c5 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1555 y39c5 w942 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y39c6 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rem<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me)<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y39c7 w943 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1556 y39c7 w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1557 y39c7 w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1558 y39c7 w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1559 y39c7 w944 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y39c8 w945 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155a y39c8 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155b y39c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155c y39c8 wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155d y39c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y39c9 w946 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">\u2013 <span class=\"_ _3\"></span>Expe<span class=\"_ _0\"></span>rience<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155e y39c9 w947 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155f y39c9 w3c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1560 y39c9 w13c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1561 y39c9 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39ca w948 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1449 y39ca w949 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">64<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1562 y39ca w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1563 y39ca w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1564 y39ca w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cb w94a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1565 y39cb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1566 y39cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a3 y39cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1567 y39cb w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cc w94b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">Settlement<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1568 y39cc w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y39cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d5 y39cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa9 y39cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cd w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1569 y39cd w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156a y39cd w94c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156b y39cd we6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa2 y39cd w3d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y39ce ff11a fs6 fc0 sc0 lsd ws3\">Move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156c y39cf we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156d y39cf w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156e y39cf w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y39cf w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39d0 w94d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n on pla<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156f y39d0 w221 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1570 y39d0 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1571 y39d0 wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1572 y39d0 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w94e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rem<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y324a w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1573 y324a w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1574 y324a w804 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(<span class=\"_ _3\"></span>421<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1575 y324a wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(46)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w94f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Employer<span class=\"_ _3\"></span> contributions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y324b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1576 y324b w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1577 y324b w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1578 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w948 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1579 y31ea w950 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(64<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157a y31ea w3c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157b y31ea w951 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157c y31ea w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w952 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se of non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157d y31eb w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157e y31eb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(6<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31eb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w94a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1565 y31ec w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157f y31ec w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1580 y31ec we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1569 y31ed w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1581 y31ed w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1582 y31ed w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1583 y31ed w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w953 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Gross pension obl<span class=\"_ _3\"></span>igations included in<span class=\"_ _3\"></span> provisions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85f y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130c y31ee w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1584 y31ee w954 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>612<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1585 y31ee w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w955 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by LGAS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1586 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1587 y324c w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">718<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1588 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w956 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (defi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t)/su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1589 y31cb w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158a y31cb w7e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158b y31cb w3a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w957 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x on de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on (defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it)/su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158d y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158e y31cc w803 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w958 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t)/su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1590 y312a w959 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109c y312a wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1591 y312a w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7df\">Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of the plan ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e year is made up as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff123 fs2 fc0 sc0 ls4 ws3 gs7e0\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs7e1\"><table class=\"s w95a h1ac\" id=\"_298f91a2-5f58-40c8-857c-7d594edcfecb\"><tr><td></td><td></td><td></td><td class=\"t m1 x5b5 h1b y39d1 ff11a fs2 fc0 sc0 ls10b ws59\">Valuation<span class=\"_ _3\"></span> based on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x10ca h1b y39d2 ff11a fs2 fc0 sc0 ls10b ws59\">Valuation<span class=\"_ _3\"></span> based on<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x78f h1b y39d3 ff11a fs2 fc0 sc0 ls114 wsa1\" colspan=\"2\">other than<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1592 h1b y39d4 ff11a fs2 fc0 sc0 ls115 ws8d\">quoted m<span class=\"_ _3\"></span>arket<span class=\"_ _3\"></span> price<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 xee2 h1b y39d5 ff11a fs2 fc0 sc0 ls115 ws8d\" colspan=\"2\">quoted m<span class=\"_ _3\"></span>arket<span class=\"_ _3\"></span> price<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xee9 h1b y39d6 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x408 h1b y39d7 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es </td><td class=\"t m1 xee2 h1b y39d8 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x1012 h1b y39d9 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es </td></tr><tr><td></td><td class=\"t m1 x10ca h1b y39da ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 x1593 h1b y39db ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas</td><td class=\"t m1 x2b5 h1b y39dc ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 x1594 h1b y39dd ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y39de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y39df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y39e0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y39e1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1385 y322d w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1596 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1597 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w95b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Bonds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1598 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1599 y3282 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1a y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cd y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w95c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159a y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159b y322f w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159c y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y322f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w95d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>cy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159d y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159e y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159f y31e5 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1008 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a0 y31f8 w95e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a1 y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w95f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">Fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda9 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a3 y312a w7a6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">97<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a4 y312a w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs7e2\">As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div><div class=\"gs7e3\"><table class=\"s w2e5 h1ad\" id=\"_3867fc46-6139-4aab-9edd-02df92c60d44\"><tr><td></td><td></td><td></td><td class=\"t m1 x5b5 h11 y39e2 ff11c fs2 fc0 sc0 ls4 ws3\">Valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x15a5 h11 y39e3 ff11c fs2 fc0 sc0 ls4 ws3\">Valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x78f h11 y39e4 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1592 h11 y39e5 ff11c fs2 fc0 sc0 ls4 ws3\">qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x2b5 h11 y39e6 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xee9 h11 y39e7 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x408 h11 y39e8 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y39e9 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x1012 h11 y39ea ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s</td></tr><tr><td></td><td class=\"t m1 x10ca h11 y39eb ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1593 h11 y39ec ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as</td><td class=\"t m1 x5b5 h11 y39ed ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1594 h11 y39ee ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y39ef ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y39f0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y39f1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a6 y31ed w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf10 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w95b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Bonds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1598 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a7 y31ee wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w95c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x761 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a8 y324c w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a9 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w95d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>cy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15aa y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ab y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ac y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ad y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ae y31cc w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15af y31cc w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w960 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of plan as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b1 y312a w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b2 y312a w961 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">94<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y312a wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y312a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7e4\">Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: </div><div class=\"gs7e5\"><table class=\"s w2e5 h1ae\" id=\"_944462b4-5416-4e94-917b-2f858c11c276\"><tr><td></td><td class=\"t m1 x15b3 h1b y39f3 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x2c3 h1b y3913 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y3914 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x1012 h11 y39f4 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s</td></tr><tr><td></td><td class=\"t m1 x653 h1b y39f5 ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 xc04 h1b y3917 ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas</td><td class=\"t m1 x5b5 h11 y3918 ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1594 h11 y3919 ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y39f6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y391d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y391e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y391f ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y39f7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y3923 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y39f8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39f9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 w962 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b4 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x903 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b5 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w963 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a7 y3277 w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y3277 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134c y3277 w964 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe97 y3277 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w965 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amounts included in other<span class=\"_ _3\"></span> expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b6 y312a w387 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b7 y312a w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b8 y312a w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b9 y312a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-735": {
   "value": "23 Provisions<span class=\"_ _3ad\"> </span>(i) Analysis of<span class=\"_ _3\"></span> provisions<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1aa\" id=\"_cae6bb53-68f3-472a-b744-e44bc180d8e6\"><tr><td></td><td></td><td class=\"t m1 x225 h1b y329d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y32a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w939 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Othe<span class=\"_ _0\"></span>r <span class=\"_ _3\"></span>provisions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc66 y31cb w32b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2e ws38\">23(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y31cb w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1543 y31cb w800 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">273<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w93a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Retirement <span class=\"_ _3\"></span>benefit obligat<span class=\"_ _3\"></span>ions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1544 y31cc w93b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">23(iii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1545 y31cc w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1546 y31cc w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">617<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w93c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal provisions<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21e y312a w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">258<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1547 y312a wfc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">89<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>(ii<span class=\"_ _0\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s that Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (LGI<span class=\"_ _0\"></span>M) is com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r on the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on of its exis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip wi<span class=\"_ _0\"></span>th S<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d in 2021, to <span class=\"_ _3\"></span>inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase th<span class=\"_ _0\"></span>e use of Char<span class=\"_ _0\"></span>les R<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r tech<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the fro<span class=\"_ _0\"></span>nt offi<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ver mi<span class=\"_ _0\"></span>ddl<span class=\"_ _0\"></span>e offic<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s goi<span class=\"_ _0\"></span>ng for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. Cos<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of data an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to St<span class=\"_ _0\"></span>ate S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the new op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on a bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te basi<span class=\"_ _0\"></span>s by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of plaus<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g into<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d for the pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n was \u00a31<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>8m (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> \u00a3<span class=\"_ _6\"></span>111m<span class=\"_ _6\"></span>)<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) Ret<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es in the UK an<span class=\"_ _0\"></span>d overs<span class=\"_ _0\"></span>eas:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Per<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>nal Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Pla<span class=\"_ _0\"></span>n (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>f St<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca In<span class=\"_ _0\"></span>c. Sav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs Pla<span class=\"_ _0\"></span>n (US); an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons of \u00a3102m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a393<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>re mad<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s in the UK an<span class=\"_ _0\"></span>d overs<span class=\"_ _0\"></span>eas:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca In<span class=\"_ _0\"></span>c. Cas<span class=\"_ _0\"></span>h Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Plan (U<span class=\"_ _0\"></span>S). The las<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>l act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was as at <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Deat<span class=\"_ _0\"></span>h Ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>is sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to new mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>07 and cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to futu<span class=\"_ _0\"></span>re ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>al </span>on 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2018; <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e last tr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ial ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion was as at 6 <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>il 20<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s in the UK<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p UK Pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on and As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Fund (the Fun<span class=\"_ _0\"></span>d). Th<span class=\"_ _0\"></span>e Fund was clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s from Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 1<span class=\"_ _3\"></span>995<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p UK Se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>or Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e (the Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me). The Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e was, wi<span class=\"_ _0\"></span>th a few <span class=\"_ _3\"></span>exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s from the Fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>), </span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to new mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om Aug<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 and fina<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y clos<span class=\"_ _0\"></span>ed to new me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m Apr<span class=\"_ _0\"></span>il 20<span class=\"_ _0\"></span>07<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span>Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Fund an<span class=\"_ _0\"></span>d Sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me had pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ous<span class=\"_ _0\"></span>ly be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by way of <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, whi<span class=\"_ _0\"></span>ch wer<span class=\"_ _0\"></span>e not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as an asse<span class=\"_ _0\"></span>t for IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>9 pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>s. In Ap<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, Assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies (A<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>s), previ<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es and Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d (LGA<span class=\"_ _0\"></span>S), were sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a38<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span> (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>8m) and co<span class=\"_ _0\"></span>nver<span class=\"_ _6\"></span>ted in<span class=\"_ _0\"></span>to ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. An add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal top<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of \u00a31<span class=\"_ _3\"></span>8<span class=\"_ _0\"></span>3m<span class=\"_ _0\"></span>, pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d on an arm<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th bas<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, was paid to LGAS by the de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sche<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es as par<span class=\"_ _0\"></span>t of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, mak<span class=\"_ _0\"></span>ing a total co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on for new an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a31,02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a36<span class=\"_ _3\"></span>1m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>is res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in bo<span class=\"_ _0\"></span>th pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng ful<span class=\"_ _0\"></span>ly cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by annu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d a buy<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ou<span class=\"_ _0\"></span>t of the Fund and the S<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e in Novem<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es wer<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed for in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n LGAS an<span class=\"_ _0\"></span>d mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, all the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s oblig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es have now be<span class=\"_ _0\"></span>en fu<span class=\"_ _0\"></span>lly ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion as at the se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t date of \u00a31,470<span class=\"_ _0\"></span>m was ther<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. On th<span class=\"_ _0\"></span>e same da<span class=\"_ _0\"></span>te, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d the dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to the pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion at thi<span class=\"_ _0\"></span>s date and th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17 <span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in \u00a316<span class=\"_ _3\"></span>7m bein<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>9, pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pall<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d CS<span class=\"_ _0\"></span>M and ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Fund an<span class=\"_ _0\"></span>d the Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ill ho<span class=\"_ _0\"></span>ld min<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>l resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the cos<span class=\"_ _0\"></span>t of wind<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s. Bo<span class=\"_ _0\"></span>th the Fun<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span> Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to comp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te the<span class=\"_ _0\"></span>ir wi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>up in 202<span class=\"_ _0\"></span>4.<span class=\"_ _3ad\"> </span><table class=\"s w93d h1ab\" id=\"_43543cc5-335d-473d-a79b-79d5b50b666a\"><tr><td></td><td class=\"t m1 x1548 h1b y39b2 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x34a h1b y39b3 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y39b4 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1549 h11 y39b5 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xc6f h1b y39b6 ff11a fs2 fc0 sc0 ls132 ws12c\">Scheme<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x154a h1b y39b7 ff11a fs2 fc0 sc0 ls115 ws8d\">and Ov<span class=\"_ _3\"></span>erseas<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h11 y39b8 ff11c fs2 fc0 sc0 ls34 ws41\">Scheme<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x448 h11 y39b9 ff11c fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y39ba ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y39bb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y39bc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y39bd ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y39be ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y39bf ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y39c0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y39c1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y39c2 ff11e fs6 fc0 sc0 lsd ws15\">Move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39c3 w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154b y39c3 w93e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154c y39c3 w3b8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154d y39c3 w93f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154e y39c3 w3b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39c4 w940 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154f y39c4 w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8e y39c4 w67d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1550 y39c4 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1551 y39c4 w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39c5 w941 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1552 y39c5 w7ba h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1553 y39c5 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1554 y39c5 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1555 y39c5 w942 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y39c6 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rem<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me)<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y39c7 w943 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1556 y39c7 w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1557 y39c7 w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1558 y39c7 w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1559 y39c7 w944 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y39c8 w945 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155a y39c8 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155b y39c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155c y39c8 wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155d y39c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y39c9 w946 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">\u2013 <span class=\"_ _3\"></span>Expe<span class=\"_ _0\"></span>rience<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155e y39c9 w947 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155f y39c9 w3c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1560 y39c9 w13c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1561 y39c9 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39ca w948 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1449 y39ca w949 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">64<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1562 y39ca w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1563 y39ca w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1564 y39ca w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cb w94a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1565 y39cb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1566 y39cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a3 y39cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1567 y39cb w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cc w94b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">Settlement<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1568 y39cc w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y39cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d5 y39cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa9 y39cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cd w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1569 y39cd w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156a y39cd w94c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156b y39cd we6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa2 y39cd w3d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y39ce ff11a fs6 fc0 sc0 lsd ws3\">Move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156c y39cf we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156d y39cf w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156e y39cf w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y39cf w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39d0 w94d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n on pla<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156f y39d0 w221 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1570 y39d0 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1571 y39d0 wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1572 y39d0 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w94e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rem<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y324a w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1573 y324a w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1574 y324a w804 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(<span class=\"_ _3\"></span>421<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1575 y324a wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(46)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w94f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Employer<span class=\"_ _3\"></span> contributions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y324b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1576 y324b w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1577 y324b w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1578 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w948 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1579 y31ea w950 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(64<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157a y31ea w3c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157b y31ea w951 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157c y31ea w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w952 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se of non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157d y31eb w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157e y31eb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(6<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31eb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w94a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1565 y31ec w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157f y31ec w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1580 y31ec we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1569 y31ed w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1581 y31ed w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1582 y31ed w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1583 y31ed w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w953 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Gross pension obl<span class=\"_ _3\"></span>igations included in<span class=\"_ _3\"></span> provisions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85f y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130c y31ee w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1584 y31ee w954 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>612<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1585 y31ee w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w955 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by LGAS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1586 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1587 y324c w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">718<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1588 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w956 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (defi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t)/su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1589 y31cb w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158a y31cb w7e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158b y31cb w3a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w957 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x on de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on (defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it)/su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158d y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158e y31cc w803 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w958 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t)/su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1590 y312a w959 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109c y312a wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1591 y312a w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of the plan ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e year is made up as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w95a h1ac\" id=\"_298f91a2-5f58-40c8-857c-7d594edcfecb\"><tr><td></td><td></td><td></td><td class=\"t m1 x5b5 h1b y39d1 ff11a fs2 fc0 sc0 ls10b ws59\">Valuation<span class=\"_ _3\"></span> based on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x10ca h1b y39d2 ff11a fs2 fc0 sc0 ls10b ws59\">Valuation<span class=\"_ _3\"></span> based on<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x78f h1b y39d3 ff11a fs2 fc0 sc0 ls114 wsa1\" colspan=\"2\">other than<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1592 h1b y39d4 ff11a fs2 fc0 sc0 ls115 ws8d\">quoted m<span class=\"_ _3\"></span>arket<span class=\"_ _3\"></span> price<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 xee2 h1b y39d5 ff11a fs2 fc0 sc0 ls115 ws8d\" colspan=\"2\">quoted m<span class=\"_ _3\"></span>arket<span class=\"_ _3\"></span> price<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xee9 h1b y39d6 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x408 h1b y39d7 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es </td><td class=\"t m1 xee2 h1b y39d8 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x1012 h1b y39d9 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es </td></tr><tr><td></td><td class=\"t m1 x10ca h1b y39da ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 x1593 h1b y39db ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas</td><td class=\"t m1 x2b5 h1b y39dc ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 x1594 h1b y39dd ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y39de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y39df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y39e0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y39e1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1385 y322d w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1596 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1597 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w95b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Bonds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1598 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1599 y3282 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1a y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cd y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w95c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159a y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159b y322f w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159c y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y322f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w95d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>cy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159d y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159e y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159f y31e5 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1008 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a0 y31f8 w95e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a1 y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w95f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">Fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda9 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a3 y312a w7a6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">97<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a4 y312a w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr></table>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1ad\" id=\"_3867fc46-6139-4aab-9edd-02df92c60d44\"><tr><td></td><td></td><td></td><td class=\"t m1 x5b5 h11 y39e2 ff11c fs2 fc0 sc0 ls4 ws3\">Valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x15a5 h11 y39e3 ff11c fs2 fc0 sc0 ls4 ws3\">Valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x78f h11 y39e4 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1592 h11 y39e5 ff11c fs2 fc0 sc0 ls4 ws3\">qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x2b5 h11 y39e6 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xee9 h11 y39e7 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x408 h11 y39e8 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y39e9 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x1012 h11 y39ea ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s</td></tr><tr><td></td><td class=\"t m1 x10ca h11 y39eb ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1593 h11 y39ec ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as</td><td class=\"t m1 x5b5 h11 y39ed ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1594 h11 y39ee ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y39ef ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y39f0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y39f1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a6 y31ed w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf10 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w95b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Bonds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1598 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a7 y31ee wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w95c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x761 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a8 y324c w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a9 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w95d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>cy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15aa y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ab y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ac y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ad y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ae y31cc w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15af y31cc w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w960 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of plan as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b1 y312a w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b2 y312a w961 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">94<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y312a wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y312a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: <table class=\"s w2e5 h1ae\" id=\"_944462b4-5416-4e94-917b-2f858c11c276\"><tr><td></td><td class=\"t m1 x15b3 h1b y39f3 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x2c3 h1b y3913 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y3914 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x1012 h11 y39f4 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s</td></tr><tr><td></td><td class=\"t m1 x653 h1b y39f5 ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 xc04 h1b y3917 ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas</td><td class=\"t m1 x5b5 h11 y3918 ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1594 h11 y3919 ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y39f6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y391d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y391e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y391f ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y39f7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y3923 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y39f8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39f9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 w962 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b4 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x903 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b5 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w963 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a7 y3277 w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y3277 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134c y3277 w964 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe97 y3277 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w965 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amounts included in other<span class=\"_ _3\"></span> expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b6 y312a w387 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b7 y312a w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b8 y312a w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b9 y312a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-703": {
   "value": "23 Provisions<span class=\"_ _3ad\"> </span>(i) Analysis of<span class=\"_ _3\"></span> provisions<span class=\"_ _3ad\"> </span>Notes<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1aa\" id=\"_cae6bb53-68f3-472a-b744-e44bc180d8e6\"><tr><td></td><td></td><td class=\"t m1 x225 h1b y329d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y329d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x227 h1b y32a0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y32a0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb w939 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Othe<span class=\"_ _0\"></span>r <span class=\"_ _3\"></span>provisions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc66 y31cb w32b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2e ws38\">23(ii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y31cb w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">244<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1543 y31cb w800 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">273<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w93a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Retirement <span class=\"_ _3\"></span>benefit obligat<span class=\"_ _3\"></span>ions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1544 y31cc w93b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">23(iii)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1545 y31cc w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1546 y31cc w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">617<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w93c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal provisions<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x21e y312a w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2e ws38\">258<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1547 y312a wfc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">89<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>(ii<span class=\"_ _0\"></span>) O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns O<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s that Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (LGI<span class=\"_ _0\"></span>M) is com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r on the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on of its exis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip wi<span class=\"_ _0\"></span>th S<span class=\"_ _0\"></span>tat<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d in 2021, to <span class=\"_ _3\"></span>inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase th<span class=\"_ _0\"></span>e use of Char<span class=\"_ _0\"></span>les R<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r tech<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the fro<span class=\"_ _0\"></span>nt offi<span class=\"_ _0\"></span>ce an<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ver mi<span class=\"_ _0\"></span>ddl<span class=\"_ _0\"></span>e offic<span class=\"_ _0\"></span>e se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s goi<span class=\"_ _0\"></span>ng for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>. Cos<span class=\"_ _0\"></span>ts in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r of data an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns to St<span class=\"_ _0\"></span>ate S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, as well as the impl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the new op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n have bee<span class=\"_ _0\"></span>n dete<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ed on a bes<span class=\"_ _0\"></span>t est<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>te basi<span class=\"_ _0\"></span>s by <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce to a <span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e of plaus<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ari<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>, tak<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g into<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t the mul<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ye<span class=\"_ _0\"></span>ar im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pe<span class=\"_ _0\"></span>rio<span class=\"_ _0\"></span>d for the pr<span class=\"_ _0\"></span>oje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t. As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, the ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n was \u00a31<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>8m (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>:<span class=\"_ _0\"></span> \u00a3<span class=\"_ _6\"></span>111m<span class=\"_ _6\"></span>)<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii<span class=\"_ _0\"></span>i) Ret<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es in the UK an<span class=\"_ _0\"></span>d overs<span class=\"_ _0\"></span>eas:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Per<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>nal Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Pla<span class=\"_ _0\"></span>n (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>af<span class=\"_ _0\"></span>f St<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>);<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca In<span class=\"_ _0\"></span>c. Sav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs Pla<span class=\"_ _0\"></span>n (US); an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A defi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></span>Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons of \u00a3102m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a393<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>we<span class=\"_ _0\"></span>re mad<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s the foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s in the UK an<span class=\"_ _0\"></span>d overs<span class=\"_ _0\"></span>eas:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca In<span class=\"_ _0\"></span>c. Cas<span class=\"_ _0\"></span>h Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Plan (U<span class=\"_ _0\"></span>S). The las<span class=\"_ _0\"></span>t ful<span class=\"_ _0\"></span>l act<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>l valua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n was as at <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">CA<span class=\"_ _0\"></span>L<span class=\"_ _6\"></span>A Reti<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Deat<span class=\"_ _0\"></span>h Ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>). Th<span class=\"_ _0\"></span>is sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to new mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>07 and cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed to futu<span class=\"_ _0\"></span>re ac<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>al </span>on 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2018; <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e last tr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ial ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ial valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion was as at 6 <span class=\"_ _3\"></span>A<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>il 20<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up als<span class=\"_ _0\"></span>o prev<span class=\"_ _0\"></span>iou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d the follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s in the UK<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p UK Pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on and As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Fund (the Fun<span class=\"_ _0\"></span>d). Th<span class=\"_ _0\"></span>e Fund was clo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ne<span class=\"_ _0\"></span>w mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s from Ja<span class=\"_ _0\"></span>nua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 1<span class=\"_ _3\"></span>995<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff11c fc0\">Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ral Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p UK Se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>or Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e (the Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me). The Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e was, wi<span class=\"_ _0\"></span>th a few <span class=\"_ _3\"></span>exc<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns (p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>nsfe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s from the Fun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>), </span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d to new mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs fr<span class=\"_ _0\"></span>om Aug<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 and fina<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y clos<span class=\"_ _0\"></span>ed to new me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m Apr<span class=\"_ _0\"></span>il 20<span class=\"_ _0\"></span>07<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7cf\">Ce<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Fund an<span class=\"_ _0\"></span>d Sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me had pre<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ous<span class=\"_ _0\"></span>ly be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed by way of <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>nui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed fro<span class=\"_ _0\"></span>m the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p, whi<span class=\"_ _0\"></span>ch wer<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d0\">not re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed as an asse<span class=\"_ _0\"></span>t for IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>9 pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>s. In Ap<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, Assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies (A<span class=\"_ _0\"></span>PP<span class=\"_ _0\"></span>s), previ<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>y tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d1\">de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es and Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d (LGA<span class=\"_ _0\"></span>S), were sur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at thei<span class=\"_ _0\"></span>r car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>\u00a38<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>9m<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d2\">(31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a37<span class=\"_ _0\"></span>1<span class=\"_ _3\"></span>8m) and co<span class=\"_ _0\"></span>nver<span class=\"_ _6\"></span>ted in<span class=\"_ _0\"></span>to ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. An add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal top<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of \u00a31<span class=\"_ _3\"></span>8<span class=\"_ _0\"></span>3m<span class=\"_ _0\"></span>, pri<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d on an arm<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th bas<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d3\">was paid to LGAS by the de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n sche<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es as par<span class=\"_ _0\"></span>t of the tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, mak<span class=\"_ _0\"></span>ing a total co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on for new an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies of \u00a31,02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>m </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d4\">(31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a36<span class=\"_ _3\"></span>1m<span class=\"_ _c\"></span>). Th<span class=\"_ _0\"></span>is res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in bo<span class=\"_ _0\"></span>th pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s bei<span class=\"_ _0\"></span>ng ful<span class=\"_ _0\"></span>ly cove<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by annu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d5\">Th<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>s com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ete<span class=\"_ _0\"></span>d a buy<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>ou<span class=\"_ _0\"></span>t of the Fund and the S<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e in Novem<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>23<span class=\"_ _0\"></span>, and th<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es wer<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed for in<span class=\"_ _0\"></span>div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d6\">po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n LGAS an<span class=\"_ _0\"></span>d mem<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. As a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>, all the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s oblig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es have now be<span class=\"_ _0\"></span>en fu<span class=\"_ _0\"></span>lly ex<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, an<span class=\"_ _0\"></span>d the </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d7\">de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion as at the se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t date of \u00a31,470<span class=\"_ _0\"></span>m was ther<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re der<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d. On th<span class=\"_ _0\"></span>e same da<span class=\"_ _0\"></span>te, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d the dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d8\">lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y to the pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion at thi<span class=\"_ _0\"></span>s date and th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7d9\">the in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er IF<span class=\"_ _0\"></span>RS 17 <span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in \u00a316<span class=\"_ _3\"></span>7m bein<span class=\"_ _0\"></span>g rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in the Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e St<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t as set<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7da\">co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s meas<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n IF<span class=\"_ _0\"></span>RS 1<span class=\"_ _3\"></span>7 and IA<span class=\"_ _0\"></span>S 1<span class=\"_ _c\"></span>9, pr<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pall<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d CS<span class=\"_ _0\"></span>M and ris<span class=\"_ _0\"></span>k adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7db\">Th<span class=\"_ _0\"></span>e Fund an<span class=\"_ _0\"></span>d the Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me st<span class=\"_ _0\"></span>ill ho<span class=\"_ _0\"></span>ld min<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>l resi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the cos<span class=\"_ _0\"></span>t of wind<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>up ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s. Bo<span class=\"_ _0\"></span>th the Fun<span class=\"_ _0\"></span>d and the<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7dc\">Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to comp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te the<span class=\"_ _0\"></span>ir wi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>up in 202<span class=\"_ _0\"></span>4.<span class=\"_ _3ad\"> </span></div><div class=\"gs7dd\"><table class=\"s w93d h1ab\" id=\"_43543cc5-335d-473d-a79b-79d5b50b666a\"><tr><td></td><td class=\"t m1 x1548 h1b y39b2 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x34a h1b y39b3 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y39b4 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1549 h11 y39b5 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xc6f h1b y39b6 ff11a fs2 fc0 sc0 ls132 ws12c\">Scheme<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x154a h1b y39b7 ff11a fs2 fc0 sc0 ls115 ws8d\">and Ov<span class=\"_ _3\"></span>erseas<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1f9 h11 y39b8 ff11c fs2 fc0 sc0 ls34 ws41\">Scheme<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x448 h11 y39b9 ff11c fs2 fc0 sc0 ls4 ws3\">an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y39ba ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y39bb ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y39bc ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y39bd ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y39be ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y39bf ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y39c0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y39c1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y39c2 ff11e fs6 fc0 sc0 lsd ws15\">Move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e of de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t ob<span class=\"_ _0\"></span>lig<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39c3 w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154b y39c3 w93e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154c y39c3 w3b8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154d y39c3 w93f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154e y39c3 w3b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39c4 w940 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x154f y39c4 w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd8e y39c4 w67d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1550 y39c4 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1551 y39c4 w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39c5 w941 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1552 y39c5 w7ba h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1553 y39c5 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1554 y39c5 wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1555 y39c5 w942 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y39c6 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rem<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me)<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y39c7 w943 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1556 y39c7 w7e1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1557 y39c7 w3b4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1558 y39c7 w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">816<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1559 y39c7 w944 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls39 ws1c\">46<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y39c8 w945 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">\u2013 Cha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e in de<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155a y39c8 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155b y39c8 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155c y39c8 wf3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155d y39c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y39c9 w946 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">\u2013 <span class=\"_ _3\"></span>Expe<span class=\"_ _0\"></span>rience<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155e y39c9 w947 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x155f y39c9 w3c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1560 y39c9 w13c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1561 y39c9 w13f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39ca w948 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1449 y39ca w949 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">64<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1562 y39ca w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1563 y39ca w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1564 y39ca w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cb w94a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1565 y39cb w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1566 y39cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7a3 y39cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1567 y39cb w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cc w94b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">Settlement<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1568 y39cc w252 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>47<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x800 y39cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10d5 y39cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa9 y39cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39cd w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1569 y39cd w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156a y39cd w94c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(11<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156b y39cd we6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfa2 y39cd w3d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y39ce ff11a fs6 fc0 sc0 lsd ws3\">Move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y39cf w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156c y39cf we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls16 ws25\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156d y39cf w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156e y39cf w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaea y39cf w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39d0 w94d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n on pla<span class=\"_ _0\"></span>n asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s at liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x156f y39d0 w221 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1570 y39d0 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1571 y39d0 wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1572 y39d0 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324a w94e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rem<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t (reco<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ve In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x55b y324a w3bd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls14 ws2d\">53<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1573 y324a w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1574 y324a w804 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">(<span class=\"_ _3\"></span>421<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1575 y324a wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(46)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b w94f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">Employer<span class=\"_ _3\"></span> contributions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5f5 y324b w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1576 y324b w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1577 y324b w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1578 y324b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea w948 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1579 y31ea w950 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(64<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157a y31ea w3c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157b y31ea w951 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157c y31ea w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb w952 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se of non<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157d y31eb w4e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsf4 ws102\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y31eb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157e y31eb w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(6<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa4e y31eb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec w94a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1565 y31ec w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x157f y31ec w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y31ec w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1580 y31ec we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1569 y31ed w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1581 y31ed w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1582 y31ed w2bb h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1583 y31ed w585 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w953 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Gross pension obl<span class=\"_ _3\"></span>igations included in<span class=\"_ _3\"></span> provisions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x85f y31ee w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x130c y31ee w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1584 y31ee w954 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>612<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1585 y31ee w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w955 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y obl<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d by LGAS<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa9 y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1586 y324c w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1587 y324c w15f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">718<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1588 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w956 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s defi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (defi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t)/su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b2 y31cb w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1589 y31cb w7d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">(14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158a y31cb w7e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">106<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158b y31cb w3a3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w957 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x on de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on (defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it)/su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158c y31cc w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158d y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158e y31cc w803 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(27<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x158f y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w958 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t)/su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8eb y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1590 y312a w959 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x109c y312a wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">79<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1591 y312a w766 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr></table></div>Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of the plan ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s at the en<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e year is made up as follo<span class=\"_ _0\"></span>ws:<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w95a h1ac\" id=\"_298f91a2-5f58-40c8-857c-7d594edcfecb\"><tr><td></td><td></td><td></td><td class=\"t m1 x5b5 h1b y39d1 ff11a fs2 fc0 sc0 ls10b ws59\">Valuation<span class=\"_ _3\"></span> based on<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x10ca h1b y39d2 ff11a fs2 fc0 sc0 ls10b ws59\">Valuation<span class=\"_ _3\"></span> based on<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x78f h1b y39d3 ff11a fs2 fc0 sc0 ls114 wsa1\" colspan=\"2\">other than<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1592 h1b y39d4 ff11a fs2 fc0 sc0 ls115 ws8d\">quoted m<span class=\"_ _3\"></span>arket<span class=\"_ _3\"></span> price<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 xee2 h1b y39d5 ff11a fs2 fc0 sc0 ls115 ws8d\" colspan=\"2\">quoted m<span class=\"_ _3\"></span>arket<span class=\"_ _3\"></span> price<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xee9 h1b y39d6 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x408 h1b y39d7 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es </td><td class=\"t m1 xee2 h1b y39d8 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x1012 h1b y39d9 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es </td></tr><tr><td></td><td class=\"t m1 x10ca h1b y39da ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 x1593 h1b y39db ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas</td><td class=\"t m1 x2b5 h1b y39dc ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 x1594 h1b y39dd ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y39de ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y39df ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h1b y39e0 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h1b y39e1 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y322d wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1385 y322d w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1596 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1597 y322d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w95b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Bonds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1598 y3282 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1599 y3282 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd1a y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13cd y3282 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f w95c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159a y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159b y322f w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159c y322f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ab y322f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e5 w95d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>cy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159d y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159e y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x159f y31e5 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1008 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a0 y31f8 w95e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws27\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a1 y31f8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a2 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w95f h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws3\">Fai<span class=\"_ _0\"></span>r va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xda9 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a3 y312a w7a6 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls27 ws30\">97<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb51 y312a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a4 y312a w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr></table>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1ad\" id=\"_3867fc46-6139-4aab-9edd-02df92c60d44\"><tr><td></td><td></td><td></td><td class=\"t m1 x5b5 h11 y39e2 ff11c fs2 fc0 sc0 ls4 ws3\">Valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x15a5 h11 y39e3 ff11c fs2 fc0 sc0 ls4 ws3\">Valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d o<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x78f h11 y39e4 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1592 h11 y39e5 ff11c fs2 fc0 sc0 ls4 ws3\">qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x2b5 h11 y39e6 ff11c fs2 fc0 sc0 ls4 ws3\" colspan=\"2\">qu<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xee9 h11 y39e7 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x408 h11 y39e8 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y39e9 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x1012 h11 y39ea ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s</td></tr><tr><td></td><td class=\"t m1 x10ca h11 y39eb ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1593 h11 y39ec ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as</td><td class=\"t m1 x5b5 h11 y39ed ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1594 h11 y39ee ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h11 y39ef ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y39f0 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y39f1 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39f2 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed wec h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls10 ws2f\">Equities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a6 y31ed w143 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6f0 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf10 y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w95b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Bonds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1598 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a7 y31ee wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w95c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x761 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a8 y324c w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a9 y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w95d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>cy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15aa y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ab y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ac y31cb w2ba h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ad y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w5ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cas<span class=\"_ _0\"></span>h an<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h equ<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ae y31cc w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15af y31cc w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7bf y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b0 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w960 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e of plan as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b1 y312a w899 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">48<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b2 y312a w961 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls105 ws1d\">94<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b6 y312a wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1a ws2c\">820<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99f y312a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n ch<span class=\"_ _0\"></span>arg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>: <table class=\"s w2e5 h1ae\" id=\"_944462b4-5416-4e94-917b-2f858c11c276\"><tr><td></td><td class=\"t m1 x15b3 h1b y39f3 ff11a fs2 fc0 sc0 ls115 ws8d\">Fund<span class=\"_ _3\"></span> and </td><td class=\"t m1 x2c3 h1b y3913 ff11a fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee2 h11 y3914 ff11c fs2 fc0 sc0 ls4 ws3\">Fun<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>nd </td><td class=\"t m1 x1012 h11 y39f4 ff11c fs2 fc0 sc0 ls4 ws3\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s</td></tr><tr><td></td><td class=\"t m1 x653 h1b y39f5 ff11a fs2 fc0 sc0 ls132 ws12c\"> Scheme</td><td class=\"t m1 xc04 h1b y3917 ff11a fs2 fc0 sc0 ls115 ws8d\"> and Ov<span class=\"_ _3\"></span>erseas</td><td class=\"t m1 x5b5 h11 y3918 ff11c fs2 fc0 sc0 ls34 ws41\"> Scheme</td><td class=\"t m1 x1594 h11 y3919 ff11c fs2 fc0 sc0 ls4 ws3\"> an<span class=\"_ _0\"></span>d Ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y39f6 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y391d ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y391e ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y391f ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y39f7 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y3923 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y39f8 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39f9 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 w962 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b4 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa44 y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x903 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b5 y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w963 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a7 y3277 w27a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x818 y3277 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x134c y3277 w964 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe97 y3277 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w965 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal amounts included in other<span class=\"_ _3\"></span> expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b6 y312a w387 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b7 y312a w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b8 y312a w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b9 y312a we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr></table>37 Contingent l<span class=\"_ _3\"></span>iabilities,<span class=\"_ _3\"></span> guarantees and indemnities<span class=\"_ _3ad\"> </span>Prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion for th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s is base<span class=\"_ _0\"></span>d on cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n act<span class=\"_ _0\"></span>ual ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m that ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d may resul<span class=\"_ _0\"></span>t in tho<span class=\"_ _0\"></span>se liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s made for th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es may also ar<span class=\"_ _0\"></span>ise in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of claim<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> to the inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, or the cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es in whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s have ente<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>. The ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of the<span class=\"_ _0\"></span>se liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es is infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns and re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of the PR<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>, FCA<span class=\"_ _6\"></span>, ombu<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n ruli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, indu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Vario<span class=\"_ _0\"></span>us Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve clai<span class=\"_ _0\"></span>ms and be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e invol<span class=\"_ _0\"></span>ved in ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al or thre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on and re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m time to time<span class=\"_ _0\"></span>. The rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs of the Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t they make pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on as and wh<span class=\"_ _0\"></span>en ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s call<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g for suc<span class=\"_ _0\"></span>h prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d that eac<span class=\"_ _0\"></span>h has ade<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uate ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l and rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s to mee<span class=\"_ _0\"></span>t reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y fores<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le even<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s made ar<span class=\"_ _0\"></span>e regu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y revie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d. It is not pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to pre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y, the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt and th<span class=\"_ _0\"></span>e timi<span class=\"_ _0\"></span>ng of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e clai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, liti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have given war<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ties<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es as a <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es or in rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s or cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sals<span class=\"_ _0\"></span>. Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc has prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es in sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>ir bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s act<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>y Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d has provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse ris<span class=\"_ _0\"></span>k agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, a dee<span class=\"_ _0\"></span>d of supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t and a cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es to facil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t reor<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt to Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-651": {
   "value": "<div class=\"t m1 h13 ff11e fsa fc5 sc0 ls4 ws3 gs7e7\">24 Paya<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"gs389\"><table class=\"s w2e5 h1af\" id=\"_25544e65-cc72-4ac4-91cf-2893109a82ee\"><tr><td></td><td class=\"t m1 x225 h1b y39fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y39fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ba y31ed w966 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>821<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bb y31ed w967 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fc ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x3f7 y31ee w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,4<span class=\"_ _0\"></span>52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bc y31ee w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fd ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d6 y324c w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bd y324c w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w968 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15be y31cb w969 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bf y31cb wfa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>05<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y31cc w600 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,17<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xede y31cc w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c1 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">40,26<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c2 y312a w96a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _6\"></span>3,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs7e8\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs7e9\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs7ea\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es) ar<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs7eb\">ma<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs3a1\">2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>en o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t to co<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of sh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs7ec\">po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 w<span class=\"_ _0\"></span>as \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>47m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>m). O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span></div>Fair<span class=\"_ _3\"></span> value h<span class=\"_ _3\"></span>ierarchy<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w96b h157\" id=\"_29369430-d4d8-48a8-9530-44a8d27f22c0\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h1b y32ec ff11a fs2 fc0 sc0 ls3a ws46\">Amor<span class=\"_ _0\"></span>tised<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y32ed ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x44a h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h1b y32ee ff11a fs2 fc0 sc0 ls114 wsa1\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeda y31f6 w966 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">43,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c4 y31f6 w49d h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">627<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c5 y31f6 w4d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31f6 w7e8 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31f6 w10a h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c7 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c8 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c9 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w96c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cb y31f8 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cc y31f8 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cd y31f8 w145 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ce y31f8 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,004<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w968 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cf y312a wf9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf70 y312a w128 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws15\">3,73<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d0 y312a w4cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws27\">68,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d1 y312a w7e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d2 y312a w96d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>04<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w322 h1b0\" id=\"_5babcb03-8b7c-4b5a-96d4-2902fbea4310\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h11 y39fe ff11c fs2 fc0 sc0 ls64 ws70\">Amor<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91a h11 y3290 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h11 y39ff ff11f fs2 fc0 sc0 ls3a ws46\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dd y324c w96e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d3 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">448<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d4 y324c w88f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d5 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d6 y31cb w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d7 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d8 y31cb w376 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a00 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x15d9 y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15da y31cc w96f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15db y31cc w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dc y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dd y31cc w970 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w971 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15de y312a w972 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">93,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15df y312a w866 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>,767<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e0 y312a w973 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">82<span class=\"_ _0\"></span>,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e1 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e2 y312a w14f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ha<span class=\"_ _0\"></span>ve be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved usi<span class=\"_ _0\"></span>ng br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r quo<span class=\"_ _0\"></span>tes or mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as optio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, simu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n mod<span class=\"_ _0\"></span>els or a com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls. Th<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts for the<span class=\"_ _0\"></span>se mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a rang<span class=\"_ _0\"></span>e of facto<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to be obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, yie<span class=\"_ _0\"></span>ld cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves an<span class=\"_ _0\"></span>d volat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e paid<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g an obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the val<span class=\"_ _0\"></span>ue of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, trai<span class=\"_ _0\"></span>l com<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n is meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e of futu<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts on dis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s with in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t on inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dates<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>X spo<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bro<span class=\"_ _0\"></span>ker and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng val<span class=\"_ _0\"></span>ue of thes<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes the<span class=\"_ _0\"></span>ir fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en leve<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e have bee<span class=\"_ _0\"></span>n no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n Level<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>, 2 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d 3 <span class=\"_ _3\"></span>for th<span class=\"_ _0\"></span>e year en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs).<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-769": {
   "value": "24 Paya<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1af\" id=\"_25544e65-cc72-4ac4-91cf-2893109a82ee\"><tr><td></td><td class=\"t m1 x225 h1b y39fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y39fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ba y31ed w966 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>821<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bb y31ed w967 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fc ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x3f7 y31ee w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,4<span class=\"_ _0\"></span>52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bc y31ee w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fd ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d6 y324c w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bd y324c w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w968 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15be y31cb w969 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bf y31cb wfa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>05<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y31cc w600 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,17<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xede y31cc w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c1 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">40,26<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c2 y312a w96a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _6\"></span>3,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es) ar<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </span>ma<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>en o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t to co<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of sh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 w<span class=\"_ _0\"></span>as \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>47m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>m). O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span>Fair<span class=\"_ _3\"></span> value h<span class=\"_ _3\"></span>ierarchy<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w96b h157\" id=\"_29369430-d4d8-48a8-9530-44a8d27f22c0\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h1b y32ec ff11a fs2 fc0 sc0 ls3a ws46\">Amor<span class=\"_ _0\"></span>tised<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y32ed ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x44a h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h1b y32ee ff11a fs2 fc0 sc0 ls114 wsa1\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeda y31f6 w966 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">43,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c4 y31f6 w49d h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">627<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c5 y31f6 w4d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31f6 w7e8 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31f6 w10a h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c7 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c8 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c9 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w96c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cb y31f8 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cc y31f8 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cd y31f8 w145 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ce y31f8 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,004<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w968 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cf y312a wf9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf70 y312a w128 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws15\">3,73<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d0 y312a w4cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws27\">68,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d1 y312a w7e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d2 y312a w96d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>04<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w322 h1b0\" id=\"_5babcb03-8b7c-4b5a-96d4-2902fbea4310\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h11 y39fe ff11c fs2 fc0 sc0 ls64 ws70\">Amor<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91a h11 y3290 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h11 y39ff ff11f fs2 fc0 sc0 ls3a ws46\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dd y324c w96e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d3 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">448<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d4 y324c w88f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d5 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d6 y31cb w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d7 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d8 y31cb w376 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a00 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x15d9 y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15da y31cc w96f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15db y31cc w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dc y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dd y31cc w970 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w971 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15de y312a w972 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">93,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15df y312a w866 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>,767<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e0 y312a w973 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">82<span class=\"_ _0\"></span>,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e1 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e2 y312a w14f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ha<span class=\"_ _0\"></span>ve be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved usi<span class=\"_ _0\"></span>ng br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r quo<span class=\"_ _0\"></span>tes or mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as optio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, simu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n mod<span class=\"_ _0\"></span>els or a com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls. Th<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts for the<span class=\"_ _0\"></span>se mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a rang<span class=\"_ _0\"></span>e of facto<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to be obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, yie<span class=\"_ _0\"></span>ld cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves an<span class=\"_ _0\"></span>d volat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e paid<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g an obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the val<span class=\"_ _0\"></span>ue of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, trai<span class=\"_ _0\"></span>l com<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n is meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e of futu<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts on dis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s with in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t on inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dates<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>X spo<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bro<span class=\"_ _0\"></span>ker and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng val<span class=\"_ _0\"></span>ue of thes<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes the<span class=\"_ _0\"></span>ir fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en leve<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e have bee<span class=\"_ _0\"></span>n no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n Level<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>, 2 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d 3 <span class=\"_ _3\"></span>for th<span class=\"_ _0\"></span>e year en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs)",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-759": {
   "value": "24 Paya<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1af\" id=\"_25544e65-cc72-4ac4-91cf-2893109a82ee\"><tr><td></td><td class=\"t m1 x225 h1b y39fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y39fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ba y31ed w966 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>821<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bb y31ed w967 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fc ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x3f7 y31ee w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,4<span class=\"_ _0\"></span>52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bc y31ee w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fd ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d6 y324c w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bd y324c w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w968 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15be y31cb w969 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bf y31cb wfa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>05<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y31cc w600 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,17<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xede y31cc w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c1 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">40,26<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c2 y312a w96a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _6\"></span>3,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es) ar<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </span>ma<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>en o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t to co<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of sh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 w<span class=\"_ _0\"></span>as \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>47m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>m). O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>Fair<span class=\"_ _3\"></span> value h<span class=\"_ _3\"></span>ierarchy<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w96b h157\" id=\"_29369430-d4d8-48a8-9530-44a8d27f22c0\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h1b y32ec ff11a fs2 fc0 sc0 ls3a ws46\">Amor<span class=\"_ _0\"></span>tised<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y32ed ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x44a h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h1b y32ee ff11a fs2 fc0 sc0 ls114 wsa1\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeda y31f6 w966 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">43,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c4 y31f6 w49d h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">627<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c5 y31f6 w4d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31f6 w7e8 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31f6 w10a h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c7 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c8 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c9 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w96c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cb y31f8 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cc y31f8 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cd y31f8 w145 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ce y31f8 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,004<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w968 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cf y312a wf9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf70 y312a w128 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws15\">3,73<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d0 y312a w4cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws27\">68,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d1 y312a w7e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d2 y312a w96d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>04<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w322 h1b0\" id=\"_5babcb03-8b7c-4b5a-96d4-2902fbea4310\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h11 y39fe ff11c fs2 fc0 sc0 ls64 ws70\">Amor<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91a h11 y3290 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h11 y39ff ff11f fs2 fc0 sc0 ls3a ws46\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dd y324c w96e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d3 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">448<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d4 y324c w88f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d5 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d6 y31cb w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d7 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d8 y31cb w376 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a00 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x15d9 y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15da y31cc w96f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15db y31cc w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dc y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dd y31cc w970 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w971 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15de y312a w972 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">93,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15df y312a w866 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>,767<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e0 y312a w973 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">82<span class=\"_ _0\"></span>,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e1 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e2 y312a w14f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ha<span class=\"_ _0\"></span>ve be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved usi<span class=\"_ _0\"></span>ng br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r quo<span class=\"_ _0\"></span>tes or mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as optio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, simu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n mod<span class=\"_ _0\"></span>els or a com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls. Th<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts for the<span class=\"_ _0\"></span>se mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a rang<span class=\"_ _0\"></span>e of facto<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to be obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, yie<span class=\"_ _0\"></span>ld cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves an<span class=\"_ _0\"></span>d volat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e paid<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g an obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the val<span class=\"_ _0\"></span>ue of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, trai<span class=\"_ _0\"></span>l com<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n is meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e of futu<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts on dis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s with in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t on inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dates<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>X spo<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bro<span class=\"_ _0\"></span>ker and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng val<span class=\"_ _0\"></span>ue of thes<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes the<span class=\"_ _0\"></span>ir fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en leve<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e have bee<span class=\"_ _0\"></span>n no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n Level<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>, 2 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d 3 <span class=\"_ _3\"></span>for th<span class=\"_ _0\"></span>e year en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs).<span class=\"_ _3ad\"> </span>35 Other liabili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1c9\" id=\"_df9a2048-f2aa-4397-ba61-645d17eea2f0\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3b44 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td></tr><tr><td></td><td class=\"t m1 x225 h1b y39fa ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b45 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b46 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed waaf h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 lsdf wsdb\">Accrual<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y31ed w540 h12d\"><div class=\"t m1 x1e4 ha y3034 ff128 fs6 fc0 sc0 ls1d ws32\">508<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y31ed w2c5 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls68 ws130\">517<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wab0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Deferred <span class=\"_ _c\"></span>inc<span class=\"_ _0\"></span>ome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1815 y31ee w387 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5b y31ee w6a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1175 y31ef wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecf y31ef w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">232<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wab1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal other liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y3225 wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">680<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1816 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wab2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1817 y31cc w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f5 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1819 y312a w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">55</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-736": {
   "value": "24 Paya<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1af\" id=\"_25544e65-cc72-4ac4-91cf-2893109a82ee\"><tr><td></td><td class=\"t m1 x225 h1b y39fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y39fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ba y31ed w966 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>821<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bb y31ed w967 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fc ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x3f7 y31ee w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,4<span class=\"_ _0\"></span>52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bc y31ee w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fd ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d6 y324c w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bd y324c w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w968 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15be y31cb w969 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bf y31cb wfa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>05<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y31cc w600 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,17<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xede y31cc w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c1 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">40,26<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c2 y312a w96a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _6\"></span>3,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es) ar<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </span>ma<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>en o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t to co<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of sh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 w<span class=\"_ _0\"></span>as \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>47m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>m). O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span>.<span class=\"_ _3ad\"> </span>Fair<span class=\"_ _3\"></span> value h<span class=\"_ _3\"></span>ierarchy<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w96b h157\" id=\"_29369430-d4d8-48a8-9530-44a8d27f22c0\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h1b y32ec ff11a fs2 fc0 sc0 ls3a ws46\">Amor<span class=\"_ _0\"></span>tised<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y32ed ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x44a h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h1b y32ee ff11a fs2 fc0 sc0 ls114 wsa1\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeda y31f6 w966 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">43,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c4 y31f6 w49d h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">627<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c5 y31f6 w4d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31f6 w7e8 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31f6 w10a h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c7 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c8 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c9 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w96c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cb y31f8 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cc y31f8 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cd y31f8 w145 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ce y31f8 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,004<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w968 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cf y312a wf9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf70 y312a w128 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws15\">3,73<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d0 y312a w4cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws27\">68,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d1 y312a w7e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d2 y312a w96d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>04<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w322 h1b0\" id=\"_5babcb03-8b7c-4b5a-96d4-2902fbea4310\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h11 y39fe ff11c fs2 fc0 sc0 ls64 ws70\">Amor<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91a h11 y3290 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h11 y39ff ff11f fs2 fc0 sc0 ls3a ws46\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dd y324c w96e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d3 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">448<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d4 y324c w88f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d5 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d6 y31cb w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d7 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d8 y31cb w376 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a00 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x15d9 y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15da y31cc w96f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15db y31cc w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dc y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dd y31cc w970 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w971 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15de y312a w972 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">93,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15df y312a w866 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>,767<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e0 y312a w973 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">82<span class=\"_ _0\"></span>,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e1 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e2 y312a w14f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ha<span class=\"_ _0\"></span>ve be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved usi<span class=\"_ _0\"></span>ng br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r quo<span class=\"_ _0\"></span>tes or mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as optio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, simu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n mod<span class=\"_ _0\"></span>els or a com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls. Th<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts for the<span class=\"_ _0\"></span>se mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a rang<span class=\"_ _0\"></span>e of facto<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to be obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, yie<span class=\"_ _0\"></span>ld cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves an<span class=\"_ _0\"></span>d volat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e paid<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g an obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the val<span class=\"_ _0\"></span>ue of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, trai<span class=\"_ _0\"></span>l com<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n is meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e of futu<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts on dis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s with in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t on inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dates<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>X spo<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bro<span class=\"_ _0\"></span>ker and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng val<span class=\"_ _0\"></span>ue of thes<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes the<span class=\"_ _0\"></span>ir fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en leve<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e have bee<span class=\"_ _0\"></span>n no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n Level<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>, 2 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d 3 <span class=\"_ _3\"></span>for th<span class=\"_ _0\"></span>e year en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs).<span class=\"_ _3ad\"> </span>35 Other liabili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1c9\" id=\"_df9a2048-f2aa-4397-ba61-645d17eea2f0\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3b44 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td></tr><tr><td></td><td class=\"t m1 x225 h1b y39fa ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b45 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b46 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed waaf h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 lsdf wsdb\">Accrual<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y31ed w540 h12d\"><div class=\"t m1 x1e4 ha y3034 ff128 fs6 fc0 sc0 ls1d ws32\">508<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y31ed w2c5 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls68 ws130\">517<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wab0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Deferred <span class=\"_ _c\"></span>inc<span class=\"_ _0\"></span>ome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1815 y31ee w387 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5b y31ee w6a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1175 y31ef wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecf y31ef w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">232<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wab1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal other liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y3225 wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">680<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1816 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wab2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1817 y31cc w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f5 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1819 y312a w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">55</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-704": {
   "value": "24 Paya<span class=\"_ _0\"></span>ble<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1af\" id=\"_25544e65-cc72-4ac4-91cf-2893109a82ee\"><tr><td></td><td class=\"t m1 x225 h1b y39fa ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y39fa ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y39fb ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ba y31ed w966 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">4<span class=\"_ _0\"></span>3,<span class=\"_ _0\"></span>821<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bb y31ed w967 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fc ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x3f7 y31ee w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,4<span class=\"_ _0\"></span>52<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bc y31ee w446 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">31,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y39fd ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d6 y324c w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bd y324c w2da h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w968 h130\"><div class=\"t m1 x1e4 ha y3036 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15be y31cb w969 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">78<span class=\"_ _0\"></span>,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15bf y31cb wfa h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>05<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w519 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e wit<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 1<span class=\"_ _3\"></span>2 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y31cc w600 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,17<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xede y31cc w6e6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">3<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w51c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 1<span class=\"_ _c\"></span>2 mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ths<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c1 y312a w431 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">40,26<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c2 y312a w96a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">5<span class=\"_ _6\"></span>3,9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed g<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>, h<span class=\"_ _0\"></span>owe<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>nd t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s (i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>t s<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es) ar<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to ma<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er n<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t </span>ma<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se a<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re u<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>it l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>il c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>X sp<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e of s<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>ak<span class=\"_ _0\"></span>en o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t to co<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ase a<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of sh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s as a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 w<span class=\"_ _0\"></span>as \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>47m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a34<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>60<span class=\"_ _0\"></span>m). O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span>Fair<span class=\"_ _3\"></span> value h<span class=\"_ _3\"></span>ierarchy<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span><table class=\"s w96b h157\" id=\"_29369430-d4d8-48a8-9530-44a8d27f22c0\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h1b y32ec ff11a fs2 fc0 sc0 ls3a ws46\">Amor<span class=\"_ _0\"></span>tised<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y32ed ff11a fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x44a h1b y32ed ff11a fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h1b y32ee ff11a fs2 fc0 sc0 ls114 wsa1\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y32ef ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f6 w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeda y31f6 w966 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls78 ws7f\">43,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c4 y31f6 w49d h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls27 ws30\">627<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c5 y31f6 w4d2 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31f6 w7e8 h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x634 y31f6 w10a h12f\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c7 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c8 y31f7 w8a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">25,<span class=\"_ _0\"></span>452<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c9 y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ca y31f7 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w96c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cb y31f8 w81 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cc y31f8 w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">3<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cd y31f8 w145 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x742 y31f8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ce y31f8 w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">6,004<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w968 h12d\"><div class=\"t m1 x1e4 he y3048 ff11e fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal pa<span class=\"_ _3\"></span>yables and<span class=\"_ _3\"></span> other <span class=\"_ _3\"></span>financial liabilit<span class=\"_ _3\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15cf y312a wf9 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls117 ws126\">78,4<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf70 y312a w128 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 lsd ws15\">3,73<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d0 y312a w4cd h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls22 ws27\">68,658<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d1 y312a w7e8 h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d2 y312a w96d h12d\"><div class=\"t m1 x1e4 he y3048 ff11a fs6 fc0 sc0 ls1a ws2c\">6,0<span class=\"_ _0\"></span>04<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span><table class=\"s w322 h1b0\" id=\"_5babcb03-8b7c-4b5a-96d4-2902fbea4310\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x15c3 h11 y39fe ff11c fs2 fc0 sc0 ls64 ws70\">Amor<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x91a h11 y3290 ff11f fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x752 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 1<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x33d h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 2<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3290 ff11c fs2 fc0 sc0 ls4 ws3\">Lev<span class=\"_ _0\"></span>el 3<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x20f h11 y39ff ff11f fs2 fc0 sc0 ls3a ws46\">cost<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3291 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Derivative liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12dd y324c w96e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">5<span class=\"_ _0\"></span>1,19<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d3 y324c w5ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls173 ws20\">448<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d4 y324c w88f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d5 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w5f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16 ws25\">Repurchase agreemen<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d6 y31cb w534 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d7 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15d8 y31cb w376 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsa6 ws165\">3<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd7f y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe06 y31cb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a00 ff11c fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r financial <span class=\"_ _3\"></span>liabilities<span class=\"_ _3ad\"> </span></td><td class=\"c n x15d9 y31cc w2ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _0\"></span>18<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15da y31cc w96f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">4<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15db y31cc w61 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dc y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15dd y31cc w970 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w971 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>nan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15de y312a w972 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls129 ws13a\">93,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15df y312a w866 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">4<span class=\"_ _0\"></span>,767<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e0 y312a w973 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">82<span class=\"_ _0\"></span>,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e1 y312a w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e2 y312a w14f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1e ws21\">6<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>610<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e of pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s it<span class=\"_ _0\"></span>s fa<span class=\"_ _0\"></span>ir v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s ha<span class=\"_ _0\"></span>ve be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for 3<span class=\"_ _0\"></span>1 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>De<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>ive liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es and re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>se agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts are mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at fair valu<span class=\"_ _0\"></span>e, wi<span class=\"_ _0\"></span>th ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ges in fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or loss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of der<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>tive lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ved usi<span class=\"_ _0\"></span>ng br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>r quo<span class=\"_ _0\"></span>tes or mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s suc<span class=\"_ _0\"></span>h as optio<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, simu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n mod<span class=\"_ _0\"></span>els or a com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ls. Th<span class=\"_ _0\"></span>e inp<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ts for the<span class=\"_ _0\"></span>se mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a rang<span class=\"_ _0\"></span>e of facto<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are dee<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed to be obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t and co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod to matu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, cor<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, yie<span class=\"_ _0\"></span>ld cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ves an<span class=\"_ _0\"></span>d volat<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Re<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are valu<span class=\"_ _0\"></span>ed bas<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d cas<span class=\"_ _0\"></span>h flows exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>b<span class=\"_ _0\"></span>e paid<span class=\"_ _0\"></span>, usin<span class=\"_ _0\"></span>g an obse<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e mar<span class=\"_ _0\"></span>ket in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t rate<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> the val<span class=\"_ _0\"></span>ue of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span>Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, trai<span class=\"_ _0\"></span>l com<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n is meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fair val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h profi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e rep<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts a liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for the pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> valu<span class=\"_ _0\"></span>e of futu<span class=\"_ _0\"></span>re co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n cos<span class=\"_ _0\"></span>ts on dis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n agre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s with in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in the bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t on inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on of the con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t and<span class=\"_ _0\"></span> re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d at subs<span class=\"_ _0\"></span>eq<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t rep<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g dates<span class=\"_ _0\"></span>. Co<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on sho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion reve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se rep<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e agre<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>X spo<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, bro<span class=\"_ _0\"></span>ker and oth<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, are meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tise<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e car<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng val<span class=\"_ _0\"></span>ue of thes<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>tes the<span class=\"_ _0\"></span>ir fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>sf<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en leve<span class=\"_ _0\"></span>ls<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e have bee<span class=\"_ _0\"></span>n no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs of liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s be<span class=\"_ _0\"></span>tw<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n Level<span class=\"_ _0\"></span>s 1<span class=\"_ _3\"></span>, 2 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d 3 <span class=\"_ _3\"></span>for th<span class=\"_ _0\"></span>e year en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sfe<span class=\"_ _0\"></span>rs).<span class=\"_ _3ad\"> </span>35 Other liabili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1c9\" id=\"_df9a2048-f2aa-4397-ba61-645d17eea2f0\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3b44 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td></tr><tr><td></td><td class=\"t m1 x225 h1b y39fa ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b45 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b46 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed waaf h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 lsdf wsdb\">Accrual<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y31ed w540 h12d\"><div class=\"t m1 x1e4 ha y3034 ff128 fs6 fc0 sc0 ls1d ws32\">508<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y31ed w2c5 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls68 ws130\">517<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wab0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Deferred <span class=\"_ _c\"></span>inc<span class=\"_ _0\"></span>ome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1815 y31ee w387 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5b y31ee w6a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1175 y31ef wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecf y31ef w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">232<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wab1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal other liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y3225 wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">680<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1816 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wab2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1817 y31cc w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f5 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1819 y312a w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">55</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-737": {
   "value": "25 Leases<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>0 Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t and equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t shows move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>of-<span class=\"_ _6\"></span>use ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>n down by clas<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of lease lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>. Lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> (see Note 24).<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span><table class=\"s w974 h1b1\" id=\"_9a487219-e26d-46ba-9ef9-84da679810fc\"><tr><td></td><td class=\"t m1 x333 h1b y3a01 ff11a fs2 fc0 sc0 ls35 ws42\">Undiscounted </td><td class=\"t m1 x70f h1b y3a02 ff11a fs2 fc0 sc0 ls132 ws12c\">Unpaid </td><td></td><td class=\"t m1 xb16 h11 y3a03 ff11c fs2 fc0 sc0 ls132 ws12c\">Undiscounted </td><td class=\"t m1 x344 h11 y3a04 ff11c fs2 fc0 sc0 ls4 ws3\">Un<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>id </td><td></td></tr><tr><td></td><td class=\"t m1 xea1 h1b y3a05 ff11a fs2 fc0 sc0 ls4 ws3\">le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e </td><td class=\"t m1 x15e3 h1b y3a06 ff11e fs2 fc0 sc0 ls4 ws3\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </td><td></td><td class=\"t m1 x711 h11 y3a07 ff11f fs2 fc0 sc0 ls4 ws3\">le<span class=\"_ _0\"></span>ase </td><td class=\"t m1 x44a h11 y3a08 ff11c fs2 fc0 sc0 ls4 ws3\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </td><td></td></tr><tr><td></td><td class=\"t m1 xc22 h1b y3a09 ff11a fs2 fc0 sc0 ls4 ws3\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts </td><td class=\"t m1 x70f h1b y3a0a ff11a fs2 fc0 sc0 ls34 ws41\">charge </td><td class=\"t m1 xe99 h1b y3a0b ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc25 h11 y3a0c ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s </td><td class=\"t m1 x344 h11 y3a0d ff11c fs2 fc0 sc0 ls4 ws3\">ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge </td><td class=\"t m1 x448 h11 y3a0e ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y3a0f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y3a10 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y3a11 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y3a12 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3a13 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3a14 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3a15 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3a16 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3a17 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3a18 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3a19 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3a1a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w975 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e4 y31ec w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e5 y31ec w3c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e6 y31ec wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e7 y31ec w976 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e8 y31ec w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e9 y31ed w977 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ed w683 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ea y31ed w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y31ed w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31c8 w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15eb y31c8 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ec y31c8 w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ed y31c8 w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ee y31c8 w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ef y31c8 w5ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y324c w2a0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f0 y324c w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y324c w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f1 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f2 y324c w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ce y324c w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f3 y31cb w8fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f4 y31cb w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f5 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f6 y31cb w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1550 y31cb w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc79 y31cb wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y31cc w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f7 y31cc w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f8 y31cc w978 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f9 y31cc w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fa y31cc w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fb y31cc w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w979 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal lease li<span class=\"_ _3\"></span>abilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fc y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">3<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fd y312a w97a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(13<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fe y312a w97b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">174<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bf y312a w5cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">309<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ff y312a w668 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c8 y312a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ty l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ase l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></span>In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e of \u00a37m <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a38<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>on le<span class=\"_ _0\"></span>ase lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term<span class=\"_ _0\"></span>s on the Gro<span class=\"_ _0\"></span>up\u2019s leas<span class=\"_ _0\"></span>es ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e from 1 to <span class=\"_ _3\"></span>23<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 1 to <span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>35 yea<span class=\"_ _0\"></span>rs), with ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y 24% <span class=\"_ _3\"></span>of the lea<span class=\"_ _0\"></span>ses (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 30<span class=\"_ _0\"></span>%) havi<span class=\"_ _0\"></span>ng ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons an<span class=\"_ _0\"></span>d 69% of these le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 60%) havin<span class=\"_ _0\"></span>g term<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in vario<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> lea<span class=\"_ _0\"></span>ses ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and are use<span class=\"_ _0\"></span>d to maxi<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l flexi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y in terms of mana<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d in the Gro<span class=\"_ _0\"></span>up\u2019s ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on and te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n opt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d are exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le onl<span class=\"_ _0\"></span>y by the Gro<span class=\"_ _0\"></span>up an<span class=\"_ _0\"></span>d not by the resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive les<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>At 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>no ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h had not ye<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (202<span class=\"_ _0\"></span>2: co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted to no addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l lease<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>ng ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>f-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e with<span class=\"_ _0\"></span>in Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (see Note 27<span class=\"_ _0\"></span>).<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>or, the fut<span class=\"_ _0\"></span>ure un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m leas<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing le<span class=\"_ _0\"></span>ase ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in Note 38(<span class=\"_ _0\"></span>ii).<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce le<span class=\"_ _0\"></span>ase ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r with th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e, ar<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed in No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>(i).",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-705": {
   "value": "25 Leases<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>0 Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t and equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t shows move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>of-<span class=\"_ _6\"></span>use ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>n down by clas<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of lease lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>. Lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> (see Note 24).<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span><table class=\"s w974 h1b1\" id=\"_9a487219-e26d-46ba-9ef9-84da679810fc\"><tr><td></td><td class=\"t m1 x333 h1b y3a01 ff11a fs2 fc0 sc0 ls35 ws42\">Undiscounted </td><td class=\"t m1 x70f h1b y3a02 ff11a fs2 fc0 sc0 ls132 ws12c\">Unpaid </td><td></td><td class=\"t m1 xb16 h11 y3a03 ff11c fs2 fc0 sc0 ls132 ws12c\">Undiscounted </td><td class=\"t m1 x344 h11 y3a04 ff11c fs2 fc0 sc0 ls4 ws3\">Un<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>id </td><td></td></tr><tr><td></td><td class=\"t m1 xea1 h1b y3a05 ff11a fs2 fc0 sc0 ls4 ws3\">le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e </td><td class=\"t m1 x15e3 h1b y3a06 ff11e fs2 fc0 sc0 ls4 ws3\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </td><td></td><td class=\"t m1 x711 h11 y3a07 ff11f fs2 fc0 sc0 ls4 ws3\">le<span class=\"_ _0\"></span>ase </td><td class=\"t m1 x44a h11 y3a08 ff11c fs2 fc0 sc0 ls4 ws3\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </td><td></td></tr><tr><td></td><td class=\"t m1 xc22 h1b y3a09 ff11a fs2 fc0 sc0 ls4 ws3\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts </td><td class=\"t m1 x70f h1b y3a0a ff11a fs2 fc0 sc0 ls34 ws41\">charge </td><td class=\"t m1 xe99 h1b y3a0b ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc25 h11 y3a0c ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s </td><td class=\"t m1 x344 h11 y3a0d ff11c fs2 fc0 sc0 ls4 ws3\">ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge </td><td class=\"t m1 x448 h11 y3a0e ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y3a0f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y3a10 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y3a11 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y3a12 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3a13 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3a14 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3a15 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3a16 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3a17 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3a18 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3a19 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3a1a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w975 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e4 y31ec w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e5 y31ec w3c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e6 y31ec wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e7 y31ec w976 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e8 y31ec w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e9 y31ed w977 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ed w683 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ea y31ed w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y31ed w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31c8 w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15eb y31c8 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ec y31c8 w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ed y31c8 w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ee y31c8 w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ef y31c8 w5ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y324c w2a0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f0 y324c w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y324c w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f1 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f2 y324c w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ce y324c w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f3 y31cb w8fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f4 y31cb w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f5 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f6 y31cb w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1550 y31cb w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc79 y31cb wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y31cc w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f7 y31cc w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f8 y31cc w978 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f9 y31cc w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fa y31cc w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fb y31cc w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w979 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal lease li<span class=\"_ _3\"></span>abilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fc y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">3<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fd y312a w97a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(13<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fe y312a w97b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">174<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bf y312a w5cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">309<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ff y312a w668 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c8 y312a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ty l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ase l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></span>In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e of \u00a37m <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a38<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>on le<span class=\"_ _0\"></span>ase lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term<span class=\"_ _0\"></span>s on the Gro<span class=\"_ _0\"></span>up\u2019s leas<span class=\"_ _0\"></span>es ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e from 1 to <span class=\"_ _3\"></span>23<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 1 to <span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>35 yea<span class=\"_ _0\"></span>rs), with ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y 24% <span class=\"_ _3\"></span>of the lea<span class=\"_ _0\"></span>ses (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 30<span class=\"_ _0\"></span>%) havi<span class=\"_ _0\"></span>ng ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons an<span class=\"_ _0\"></span>d 69% of these le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 60%) havin<span class=\"_ _0\"></span>g term<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in vario<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> lea<span class=\"_ _0\"></span>ses ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and are use<span class=\"_ _0\"></span>d to maxi<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l flexi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y in terms of mana<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d in the Gro<span class=\"_ _0\"></span>up\u2019s ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on and te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n opt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d are exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le onl<span class=\"_ _0\"></span>y by the Gro<span class=\"_ _0\"></span>up an<span class=\"_ _0\"></span>d not by the resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive les<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span>At 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>no ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h had not ye<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (202<span class=\"_ _0\"></span>2: co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted to no addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l lease<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span>In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>ng ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>f-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e with<span class=\"_ _0\"></span>in Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (see Note 27<span class=\"_ _0\"></span>).<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>or, the fut<span class=\"_ _0\"></span>ure un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m leas<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing le<span class=\"_ _0\"></span>ase ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in Note 38(<span class=\"_ _0\"></span>ii).<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce le<span class=\"_ _0\"></span>ase ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r with th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e, ar<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed in No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>(i).",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasePrepaymentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-652": {
   "value": "25 Leases<span class=\"_ _3ad\"> </span>No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>0 Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, plan<span class=\"_ _0\"></span>t and equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t shows move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>of-<span class=\"_ _6\"></span>use ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Con<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t with<span class=\"_ _0\"></span>in Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y, pla<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d equ<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, br<span class=\"_ _0\"></span>oke<span class=\"_ _0\"></span>n down by clas<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ing as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e matu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pro<span class=\"_ _0\"></span>fil<span class=\"_ _0\"></span>e of lease lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d in the tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>. Lease lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d with<span class=\"_ _0\"></span>in Paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span> (see Note 24).<span class=\"_ _3ad\"> </span>As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span><table class=\"s w974 h1b1\" id=\"_9a487219-e26d-46ba-9ef9-84da679810fc\"><tr><td></td><td class=\"t m1 x333 h1b y3a01 ff11a fs2 fc0 sc0 ls35 ws42\">Undiscounted </td><td class=\"t m1 x70f h1b y3a02 ff11a fs2 fc0 sc0 ls132 ws12c\">Unpaid </td><td></td><td class=\"t m1 xb16 h11 y3a03 ff11c fs2 fc0 sc0 ls132 ws12c\">Undiscounted </td><td class=\"t m1 x344 h11 y3a04 ff11c fs2 fc0 sc0 ls4 ws3\">Un<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>id </td><td></td></tr><tr><td></td><td class=\"t m1 xea1 h1b y3a05 ff11a fs2 fc0 sc0 ls4 ws3\">le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e </td><td class=\"t m1 x15e3 h1b y3a06 ff11e fs2 fc0 sc0 ls4 ws3\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </td><td></td><td class=\"t m1 x711 h11 y3a07 ff11f fs2 fc0 sc0 ls4 ws3\">le<span class=\"_ _0\"></span>ase </td><td class=\"t m1 x44a h11 y3a08 ff11c fs2 fc0 sc0 ls4 ws3\">fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </td><td></td></tr><tr><td></td><td class=\"t m1 xc22 h1b y3a09 ff11a fs2 fc0 sc0 ls4 ws3\">pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts </td><td class=\"t m1 x70f h1b y3a0a ff11a fs2 fc0 sc0 ls34 ws41\">charge </td><td class=\"t m1 xe99 h1b y3a0b ff11a fs2 fc0 sc0 ls114 wsa1\">Present value<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc25 h11 y3a0c ff11c fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s </td><td class=\"t m1 x344 h11 y3a0d ff11c fs2 fc0 sc0 ls4 ws3\">ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge </td><td class=\"t m1 x448 h11 y3a0e ff11c fs2 fc0 sc0 ls4 ws3\">Pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x86d h1b y3a0f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x56b h1b y3a10 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f9 h1b y3a11 ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h11 y3a12 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3a13 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3a14 ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x334 h1b y3a15 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x542 h1b y3a16 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3a17 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3a18 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3a19 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3a1a ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x994 y31ec w975 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e4 y31ec w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e5 y31ec w3c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2b ws12b\">30<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e6 y31ec wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e7 y31ec w976 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e8 y31ec w4bf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1d ws32\">29<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99a y31ed w465 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">36<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15e9 y31ed w977 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5e8 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb1f y31ed w683 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ea y31ed w8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4b ws56\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y31ed w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a0 y31c8 w1fe h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15eb y31c8 w38e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ec y31c8 w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ed y31c8 w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ee y31c8 w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ef y31c8 w5ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9a6 y324c w2a0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls11 ws3a\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f0 y324c w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x568 y324c w68e h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f1 y324c w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f2 y324c w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ce y324c w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f3 y31cb w8fc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f4 y31cb w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f5 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f6 y31cb w30f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1550 y31cb w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc79 y31cb wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9ac y31cc w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f7 y31cc w299 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f8 y31cc w978 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls150 ws2b\">61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15f9 y31cc w2c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">171<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fa y31cc w147 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(<span class=\"_ _0\"></span>10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fb y31cc w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w979 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal lease li<span class=\"_ _3\"></span>abilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fc y312a w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">3<span class=\"_ _0\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fd y312a w97a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">(13<span class=\"_ _6\"></span>9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fe y312a w97b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2a ws34\">174<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9bf y312a w5cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsdf wsdb\">309<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ff y312a w668 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>13<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c8 y312a waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">In<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>ty l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ase l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></span><span class=\"ls4 ws3\">.<span class=\"_ _3ad\"> </span></span><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs27f\">In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e of \u00a37m <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a38<span class=\"_ _0\"></span>m) <span class=\"_ _3\"></span>on le<span class=\"_ _0\"></span>ase lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies is inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e cos<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs3cc\">Th<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g term<span class=\"_ _0\"></span>s on the Gro<span class=\"_ _0\"></span>up\u2019s leas<span class=\"_ _0\"></span>es ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e from 1 to <span class=\"_ _3\"></span>23<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 1 to <span class=\"_ _c\"></span>2<span class=\"_ _0\"></span>35 yea<span class=\"_ _0\"></span>rs), with ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>oxi<span class=\"_ _0\"></span>mate<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y 24% <span class=\"_ _3\"></span>of the lea<span class=\"_ _0\"></span>ses (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 30<span class=\"_ _0\"></span>%) </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs281\">havi<span class=\"_ _0\"></span>ng ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ion op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons an<span class=\"_ _0\"></span>d 69% of these le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 60%) havin<span class=\"_ _0\"></span>g term<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns. E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>ion op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns ar<span class=\"_ _0\"></span>e incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d in vario<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs282\">lea<span class=\"_ _0\"></span>ses ac<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ss the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and are use<span class=\"_ _0\"></span>d to maxi<span class=\"_ _0\"></span>mis<span class=\"_ _0\"></span>e ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l flexi<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y in terms of mana<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng the ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts use<span class=\"_ _0\"></span>d in the Gro<span class=\"_ _0\"></span>up\u2019s ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ee\">maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on and te<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n opt<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d are exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le onl<span class=\"_ _0\"></span>y by the Gro<span class=\"_ _0\"></span>up an<span class=\"_ _0\"></span>d not by the resp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ive les<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs284\">At 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>no ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h had not ye<span class=\"_ _0\"></span>t com<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d (202<span class=\"_ _0\"></span>2: co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>ted to no addi<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l lease<span class=\"_ _0\"></span>s).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs286\">In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me fro<span class=\"_ _0\"></span>m sub<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>ng ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>f-<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>ts is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in Ren<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e with<span class=\"_ _0\"></span>in Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn (see Note 27<span class=\"_ _0\"></span>).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ef\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>or, the fut<span class=\"_ _0\"></span>ure un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m leas<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>vab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ing le<span class=\"_ _0\"></span>ase ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s are disc<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in Note 38(<span class=\"_ _0\"></span>ii).<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f0\">Th<span class=\"_ _0\"></span>e fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m lease pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r finan<span class=\"_ _0\"></span>ce le<span class=\"_ _0\"></span>ase ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r with th<span class=\"_ _0\"></span>e pres<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e, ar<span class=\"_ _0\"></span>e disc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed in No<span class=\"_ _0\"></span>te 1<span class=\"_ _c\"></span>3<span class=\"_ _0\"></span>(i).</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-653": {
   "value": "<div class=\"t m1 h13 ff11a fsa fc5 sc0 ls4 ws3 gs7f2\">26 Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al r<span class=\"_ _0\"></span>eso<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls82 ws85 gs7f3\">Solvenc<span class=\"_ _3\"></span>y II<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f4\">Th<span class=\"_ _0\"></span>e Sol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on in this no<span class=\"_ _0\"></span>te is estim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d and un<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f5\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tes it<span class=\"_ _0\"></span>s Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts usi<span class=\"_ _0\"></span>ng a Par<span class=\"_ _6\"></span>tial In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l Mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>. The maj<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>the ri<span class=\"_ _0\"></span>sk to whic<span class=\"_ _0\"></span>h the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p is expos<span class=\"_ _0\"></span>ed is<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f6\">ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>ed on th<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ial In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l Mod<span class=\"_ _0\"></span>el basi<span class=\"_ _0\"></span>s app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by the Pru<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial Re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion Au<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (P<span class=\"_ _0\"></span>R<span class=\"_ _6\"></span>A). Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts for a few small<span class=\"_ _0\"></span>er e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f7\">are ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g the S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd Fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ula bas<span class=\"_ _0\"></span>is on mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y gro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>S insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es and Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f8\">Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any No. 2 are valu<span class=\"_ _0\"></span>ed on a loc<span class=\"_ _0\"></span>al sta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y basi<span class=\"_ _0\"></span>s, foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e PR<span class=\"_ _0\"></span>A\u2019<span class=\"_ _3\"></span>s app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l to <span class=\"_ _3\"></span>us<span class=\"_ _0\"></span>e the Ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d Aggr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od of inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng the<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7f9\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses in the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7fa\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the Gro<span class=\"_ _0\"></span>up Ow<span class=\"_ _0\"></span>n Fund<span class=\"_ _0\"></span>s, S<span class=\"_ _0\"></span>olve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal Re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t (SCR) and S<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us Ow<span class=\"_ _0\"></span>n Funds<span class=\"_ _0\"></span>, base<span class=\"_ _0\"></span>d on the Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al Inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nal Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7fb\">Ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Adjus<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d T<span class=\"_ _c\"></span>ra<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l Meas<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es on T<span class=\"_ _c\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>nic<span class=\"_ _0\"></span>al Pr<span class=\"_ _0\"></span>ovis<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns (<span class=\"_ _0\"></span>TM<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P) as <span class=\"_ _3\"></span>at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7fc\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d moni<span class=\"_ _0\"></span>tor i<span class=\"_ _0\"></span>ts cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al res<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es on a regu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y bas<span class=\"_ _0\"></span>is and to com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y wit<span class=\"_ _0\"></span>h the mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7fd\">of reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s in each te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y in whi<span class=\"_ _0\"></span>ch it op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tes. T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>es wi<span class=\"_ _0\"></span>th the re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts es<span class=\"_ _0\"></span>tab<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d by the So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II Frame<span class=\"_ _0\"></span>wor<span class=\"_ _0\"></span>k Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve,<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7fe\">as ado<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>d by the Pru<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ial Re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ion Au<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y (P<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>) in the UK and me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s and mon<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>rs it<span class=\"_ _0\"></span>s cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al reso<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es on this bas<span class=\"_ _0\"></span>is. Th<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ff\">re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s were am<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in the UK in De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 to <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>e a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>han<span class=\"_ _0\"></span>ge to the cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>R<span class=\"_ _0\"></span>isk Ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>. All oth<span class=\"_ _0\"></span>er So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy II reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs800\">re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>n unc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs801\">As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, and on the ab<span class=\"_ _0\"></span>ove basis<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p had a <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>9,<span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>67m <span class=\"_ _3\"></span>(31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a39,91<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>m) over its So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs802\">Re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>a So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Cover<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e Rati<span class=\"_ _0\"></span>o of <span class=\"_ _3\"></span>2<span class=\"_ _0\"></span>24% (31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 236%)<span class=\"_ _3\"></span>. Th<span class=\"_ _0\"></span>e Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal po<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is as </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 lsa1 wsa7 gs803\">follows:<span class=\"_ _3ad\"> </span></div><div class=\"gs804\"><table class=\"s w97c h1b2\" id=\"_eecc59d5-8de1-41c3-846f-09fbce3fe9d1\"><tr><td></td><td class=\"t m1 x225 h1b y3a1b ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3a1b ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3a1c ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3a1c ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y325a w97d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ti<span class=\"_ _0\"></span>er 1 O<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1600 y325a w4a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1601 y325a wc0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a1d ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 1 Own Fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></td><td class=\"c n x22a y31ec w93 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls117 ws126\">495<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1602 y31ec wdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">495<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w97e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Ti<span class=\"_ _0\"></span>er 2 sub<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1603 y31ed w3db h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1a ws2c\">3,460<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1604 y31ed w7d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14 ws2d\">3,4<span class=\"_ _0\"></span>48<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w97f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Eligibilit<span class=\"_ _0\"></span>y restrictions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1605 y31ee w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(24<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1606 y31ee w282 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(11<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3a1e ff11a fs6 fc0 sc0 lsd ws3\">So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy I<span class=\"_ _0\"></span>I Ow<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></td><td class=\"c n x3f7 y324c w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1607 y324c w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w980 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">So<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al Re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1608 y31cb w544 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _0\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1609 y31cb w981 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">(<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>3<span class=\"_ _6\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w982 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls22 ws26\">Solvency<span class=\"_ _3\"></span> II surplus<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x160a y31cc w32b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls171 ws191\">9<span class=\"_ _0\"></span>,16<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x160b y31cc w983 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">9,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>15<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w984 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy I<span class=\"_ _0\"></span>I ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x160c y312a w985 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">22<span class=\"_ _0\"></span>4%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x160d y312a w303 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2c ws36\">2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>6%<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs805\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff11a fsd fc0 sc0 ls18b ws1ab gs806\">2,3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs807\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ti<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 1 Ow<span class=\"_ _0\"></span>n Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt P<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d T<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r 1 co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs808\">2. <span class=\"_ _19\"> </span>So<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y II O<span class=\"_ _0\"></span>wn F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>al f<span class=\"_ _0\"></span>or t<span class=\"_ _0\"></span>he fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d of \u00a3<span class=\"_ _0\"></span>87<span class=\"_ _0\"></span>1m (31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a38<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9m) d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d af<span class=\"_ _6\"></span>ter t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs809\">3. <span class=\"_ _19\"> </span>So<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y II O<span class=\"_ _0\"></span>wn F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ow fo<span class=\"_ _0\"></span>r a R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k Ma<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in o<span class=\"_ _0\"></span>f \u00a31,1<span class=\"_ _3\"></span>91m (31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,75<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>m) and T<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>P of \u00a3<span class=\"_ _0\"></span>970<span class=\"_ _0\"></span>m (31 D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,1<span class=\"_ _3\"></span>36<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs80b\">A rec<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>cil<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s IFR<span class=\"_ _0\"></span>S sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s\u2019 equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y to <span class=\"_ _3\"></span>So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II Own Fun<span class=\"_ _0\"></span>ds is give<span class=\"_ _0\"></span>n bel<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs80c\"><table class=\"s w986 h1b3\" id=\"_c3e286d4-11aa-4c00-b909-27a84b1d9d62\"><tr><td></td><td></td><td class=\"t m1 x1df h11 y341c ff11f fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3a1f ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y341f ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3a20 ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3422 ff11c fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3a21 ff11a fs6 fc0 sc0 lsd ws3\">IF<span class=\"_ _0\"></span>RS e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"c n x1ed y3a22 w987 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls24 ws2a\">4,8<span class=\"_ _0\"></span>26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x160e y3a22 w6ca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsb3 wsbe\">5,562<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a23 w988 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">C<span class=\"_ _0\"></span>SM ne<span class=\"_ _0\"></span>t of ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x160f y3a23 w989 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1610 y3a23 wb2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse7 wsf3\">9,5<span class=\"_ _0\"></span>93<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3308 w98a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lsd ws3\">IF<span class=\"_ _0\"></span>RS e<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pl<span class=\"_ _0\"></span>us C<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>M ne<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1611 y3308 w544 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1612 y3308 w98b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>,15<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a24 w98c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Re<span class=\"_ _0\"></span>mov<span class=\"_ _0\"></span>e DAC, go<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ll an<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1613 y3a24 w98d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2f ws39\">(525)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1614 y3a24 w680 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(50<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a25 ff11c fs6 fc0 sc0 lsd ws15\">Ad<span class=\"_ _0\"></span>d IFR<span class=\"_ _0\"></span>S ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng val<span class=\"_ _0\"></span>ue of su<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d bo<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></td><td class=\"c n x1ed y35b8 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls2c ws36\">3,<span class=\"_ _0\"></span>76<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1615 y35b8 w98e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls2b ws12b\">3<span class=\"_ _0\"></span>,823<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3427 ff11c fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x1616 y322d w27b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(62<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1617 y322d wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">141<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3282 w98f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s valu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1618 y3282 w990 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(8<span class=\"_ _0\"></span>45<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x44b y3282 w180 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>,111<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 w991 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e in valu<span class=\"_ _0\"></span>e of net de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1619 y31f6 w992 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12ee y31f6 w993 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f7 w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11f fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161a y31f7 w384 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161b y31f7 w852 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc7 wsd6\">(2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 w97f h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse ws28\">Eligibilit<span class=\"_ _0\"></span>y restrictions<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1605 y31f8 w178 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 lse2 wsec\">(24<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1606 y31f8 w994 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>110<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3072 ff11a fs6 fc0 sc0 lsd ws3\">So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy I<span class=\"_ _0\"></span>I Ow<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></td><td class=\"c n x161c y35cf w4cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161d y35cf w445 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls16b ws189\">17,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 haa ff11a fsd fc0 sc0 ls4 ws3 gs80d\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs80e\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs80f\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff11a fsd fc0 sc0 ls4 ws3 gs810\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs811\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to o<span class=\"_ _0\"></span>wn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ti<span class=\"_ _0\"></span>er 1 c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le n<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>es as p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs812\">2. <span class=\"_ _19\"> </span>T<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s ava<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le c<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l on t<span class=\"_ _0\"></span>he S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy I<span class=\"_ _0\"></span>I ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>te to p<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs813\">3. <span class=\"_ _19\"> </span>Di<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of te<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS a<span class=\"_ _0\"></span>nd S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>cy I<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs814\">4. <span class=\"_ _19\"> </span>So<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y II O<span class=\"_ _0\"></span>wn F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds d<span class=\"_ _0\"></span>o no<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de a<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>al f<span class=\"_ _0\"></span>or t<span class=\"_ _0\"></span>he fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d of \u00a3<span class=\"_ _0\"></span>87<span class=\"_ _0\"></span>1m (31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a38<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>9m) d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d af<span class=\"_ _6\"></span>ter t<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff11a fs0 fc4 sc0 ls5e wsc gs815\">Sensitivit<span class=\"_ _0\"></span>y analysis<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs816\">Th<span class=\"_ _0\"></span>e follo<span class=\"_ _0\"></span>win<span class=\"_ _0\"></span>g sen<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to give an indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>w the Gro<span class=\"_ _0\"></span>up\u2019s Sol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II surp<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s as at <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 would have ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d in a </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs817\">var<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of adver<span class=\"_ _0\"></span>se even<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. The<span class=\"_ _0\"></span>se are all in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>a sing<span class=\"_ _0\"></span>le ri<span class=\"_ _0\"></span>sk<span class=\"_ _0\"></span>. In pra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tic<span class=\"_ _0\"></span>e, th<span class=\"_ _0\"></span>e bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>et is im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by comb<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs818\">an<span class=\"_ _0\"></span>d the com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t can be lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n addi<span class=\"_ _0\"></span>ng tog<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts of the sam<span class=\"_ _0\"></span>e str<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es in iso<span class=\"_ _0\"></span>lati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. It is expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d that<span class=\"_ _0\"></span>, par<span class=\"_ _6\"></span>tic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y for mar<span class=\"_ _0\"></span>ket<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs819\">ris<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>, adve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e stre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es will ha<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>en tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"gs81a\"><table class=\"s w995 h1b4\" id=\"_3b90e6bd-8b1b-4993-be1f-7d3b5037ddf1\"><tr><td></td><td class=\"t m1 x53e h1b y3a26 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc25 h1b y3a27 ff11a fs2 fc0 sc0 ls115 ws8d\">Impact on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9b h11 y3a28 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x161e h11 y3a29 ff11c fs2 fc0 sc0 ls4 ws3\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xc2d h1b y3a2a ff11a fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63c h1b y3a2b ff11a fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3a2c ff11c fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>ax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63d h11 y3a2d ff11c fs2 fc0 sc0 ls4 ws3\">ne<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>ax<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa64 h1b y3a2e ff11a fs2 fc0 sc0 ls115 ws8d\">Solvency<span class=\"_ _3\"></span> II<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3a2f ff11a fs2 fc0 sc0 ls115 ws8d\">Solvency<span class=\"_ _3\"></span> II<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3a30 ff11c fs2 fc0 sc0 ls4 ws3\">So<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y II<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x15c3 h11 y3a31 ff11c fs2 fc0 sc0 ls4 ws3\">So<span class=\"_ _0\"></span>lv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>y II<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x752 h1b y3a32 ff11a fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3a33 ff11a fs2 fc0 sc0 lsdf wsdb\">cove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3a34 ff11f fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x63d h11 y3a35 ff11c fs2 fc0 sc0 lsf5 ws103\">cove<span class=\"_ _0\"></span>rag<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xa63 h1b y3a36 ff11a fs2 fc0 sc0 ls35 ws42\">surplus<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xd34 h1b y3a37 ff11a fs2 fc0 sc0 ls39 ws1c\">ratio<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x44a h11 y3a38 ff11f fs2 fc0 sc0 ls132 ws12c\">surplus<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x52c h11 y3a39 ff11f fs2 fc0 sc0 ls64 ws70\">ratio<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3a3a ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3a3b ff11a fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3a3c ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3a3d ff11c fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70d h1b y3a3e ff11a fs2 fc0 sc0 ls172 ws18f\">\u00a3bn<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x336 h1b y3a3f ff11a fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x161f h11 y3a40 ff11c fs2 fc0 sc0 ls170 ws161\">\u00a3bn<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1620 h11 y3a41 ff11c fs2 fc0 sc0 ls4 ws3\">%<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c x1e5 y347c w996 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s inc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in ris<span class=\"_ _0\"></span>k-f<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes</div><div class=\"t m1 x1621 h15 y35df ff11c fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1622 y347c w997 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls178 ws19c\">0<span class=\"_ _0\"></span>.1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1623 y347c w53d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1624 y347c w998 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lse4 wsee\">0.5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1625 y347c w964 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a42 ff11c fs6 fc0 sc0 lsd ws15\">100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s de<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e in ris<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>fre<span class=\"_ _0\"></span>e ra<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y3a43 w999 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(0.<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1626 y3a43 w140 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1627 y3a43 w325 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls9e ws9f\">(0<span class=\"_ _0\"></span>.6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1628 y3a43 w99a h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a44 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>s wid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng an es<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g add<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to rati<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></td><td class=\"c n x1629 y3a45 w99b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls53 ws1e\">0.4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x162a y3a45 w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x162b y3a45 w99c h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">0.3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x162c y3a45 wbe h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y326f ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>s nar<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>w by 1<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>0b<span class=\"_ _0\"></span>ps as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng an es<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on fr<span class=\"_ _0\"></span>om ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y3270 w99d h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1b ws58\">(0.<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x162d y3270 w5cd h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls21 ws24\">(18<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x162e y3270 w99e h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(0.4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x162f y3270 w3cd h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls68 ws130\">(16<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a46 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>s wid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n by 1<span class=\"_ _c\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng a flat ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to rat<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></td><td class=\"c n x1629 y325b w99f h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls19 ws1a\">0.5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1630 y325b w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1e ws21\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1631 y325b w9a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls4e ws5a\">0.<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1632 y325b wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a47 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ead<span class=\"_ _0\"></span>s of sub inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t gr<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s wide<span class=\"_ _0\"></span>n by 100<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g a <span class=\"_ _3\"></span>le<span class=\"_ _0\"></span>vel ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on to ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y325c w999 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls8f ws92\">(0.<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1633 y325c w9a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls28 ws31\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1634 y325c w9a2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(0<span class=\"_ _0\"></span>.3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1635 y325c w26b h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsc0 wsc\">(7)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a48 ff11c fs6 fc0 sc0 lsd ws15\">Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it mi<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y31ee w9a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls90 ws93\">(0.7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1636 y31ee w9a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1637 y31ee w9a5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls137 ws14c\">(0<span class=\"_ _0\"></span>.8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1638 y31ee w93 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y31ef w9a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">25<span class=\"_ _0\"></span>% fall in eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>ts</div><div class=\"t m1 x1639 h15 y35df ff11c fsd fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50f y31ef w9a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls129 ws13a\">(0.4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x163a y31ef w3b2 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x163b y31ef w9a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls26 ws2e\">(0.<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x163c y31ef w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a49 ff11c fs6 fc0 sc0 lsd ws15\">1<span class=\"_ _3\"></span>5% fa<span class=\"_ _0\"></span>ll in pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y3225 w9a9 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls15 ws14\">(0<span class=\"_ _0\"></span>.9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x163d y3225 w9aa h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls1c ws1f\">(10<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x163e y3225 w9ab h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls21 ws24\">(0<span class=\"_ _0\"></span>.9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x163f y3225 w7b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3277 w9ac h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 lsd ws15\">50<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se in fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re in<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s</div><div class=\"t m1 x1640 h15 y3a4a ff11c fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4fb y31cc w9ad h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls178 ws19c\">(<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1641 y31cc w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1642 y31cc w9ae h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls124 ws133\">(<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>.1<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1643 y31cc w9af h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a4b ff11c fs6 fc0 sc0 lsd ws15\">10% inc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase in ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x50f y312a w9b0 h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls9e ws9f\">(0.<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1644 y312a w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff11a fs6 fc0 sc0 ls76 ws84\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x51b y312a w9b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls1b ws58\">(0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1645 y312a w3a0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff11c fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls18c ws1ac gs81b\">1,<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls18d ws1ad gs81c\">3,4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls18d ws1ad gs81d\">3,4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs81e\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls18d ws1ad gs81f\">3,5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs820\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs821\">8<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff11c fsd fc0 sc0 ls4 ws3 gs822\">9<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 lsce ws119 gs823\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng a r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he Tran<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al M<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re o<span class=\"_ _0\"></span>n Tech<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>al P<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ly o<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t on R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k Ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>n.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs824\">2. <span class=\"_ _19\"> </span>In t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>n s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s ne<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s a<span class=\"_ _0\"></span>re al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d, i<span class=\"_ _0\"></span>.e<span class=\"_ _0\"></span>. th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is n<span class=\"_ _0\"></span>o flo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r at ze<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>o ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs825\">3. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e sp<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te b<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d (and s<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>ar) h<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h no c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>n lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m de<span class=\"_ _0\"></span>fa<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. Re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed l<span class=\"_ _0\"></span>ife<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re e<span class=\"_ _0\"></span>xc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs826\">as th<span class=\"_ _0\"></span>e u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re is m<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ly t<span class=\"_ _0\"></span>o pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs827\">4. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s for A<span class=\"_ _6\"></span>A b<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ds i<span class=\"_ _0\"></span>s t<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ce t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t for A<span class=\"_ _6\"></span>A<span class=\"_ _6\"></span>A bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s, f<span class=\"_ _0\"></span>or A b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s it i<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e ti<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, for B<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>B fo<span class=\"_ _0\"></span>ur t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>o on<span class=\"_ _0\"></span>, s<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e wei<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d av<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss f<span class=\"_ _0\"></span>or t<span class=\"_ _0\"></span>he p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>s </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs828\">100 b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. To give a 10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>bp<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ase o<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e to<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o, t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>s of 32<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>, i.<span class=\"_ _0\"></span>e. 3<span class=\"_ _0\"></span>2b<span class=\"_ _0\"></span>ps f<span class=\"_ _0\"></span>or A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>, 6<span class=\"_ _0\"></span>4b<span class=\"_ _0\"></span>ps f<span class=\"_ _0\"></span>or A<span class=\"_ _6\"></span>A et<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs829\">5. <span class=\"_ _19\"> </span>No s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s fo<span class=\"_ _0\"></span>r bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ds r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d B<span class=\"_ _0\"></span>BB a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d ab<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>. Fo<span class=\"_ _0\"></span>r bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d B<span class=\"_ _0\"></span>B an<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ow th<span class=\"_ _0\"></span>e s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s is 10<span class=\"_ _0\"></span>0b<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad wi<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g on t<span class=\"_ _0\"></span>he t<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>al p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tf<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>io i<span class=\"_ _0\"></span>s sm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>an 1bp<span class=\"_ _0\"></span>s as t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s le<span class=\"_ _0\"></span>ss </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs82a\">th<span class=\"_ _0\"></span>an 1% in bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ds r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d B<span class=\"_ _0\"></span>B an<span class=\"_ _0\"></span>d b<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ow. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y an i<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se i<span class=\"_ _0\"></span>n SC<span class=\"_ _0\"></span>R a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ds b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k to a h<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs82b\">sc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>os i<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e SC<span class=\"_ _0\"></span>R c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs82c\">6. <span class=\"_ _19\"> </span>Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t mi<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t of a<span class=\"_ _0\"></span>n im<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>te bi<span class=\"_ _0\"></span>g le<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e on 2<span class=\"_ _0\"></span>0% o<span class=\"_ _0\"></span>f all a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts w<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l tr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s on a c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate b<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s, </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs82d\">an<span class=\"_ _0\"></span>d sa<span class=\"_ _0\"></span>le a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k re<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>al s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>; lif<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ge s<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r n<span class=\"_ _0\"></span>ote<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>). D<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o ar<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>o be t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ir o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs82e\">so th<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t is p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y a re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in O<span class=\"_ _0\"></span>wn F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss o<span class=\"_ _0\"></span>f val<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e on d<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of t<span class=\"_ _0\"></span>he s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y w<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>et l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>s of sp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>s at t<span class=\"_ _0\"></span>he b<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e </div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs82f\">sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t d<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls163 ws182 gs830\">7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>is re<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ly t<span class=\"_ _0\"></span>o eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e in LG<span class=\"_ _0\"></span>C b<span class=\"_ _0\"></span>ut w<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>l al<span class=\"_ _0\"></span>so i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>e eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d m<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ds a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>at r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve a<span class=\"_ _0\"></span>n eq<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s (fo<span class=\"_ _0\"></span>r exa<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e, c<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs831\">in s<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s). So<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts h<span class=\"_ _0\"></span>ave fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>rea<span class=\"_ _0\"></span>se o<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e th<span class=\"_ _0\"></span>e st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>e to g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y l<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ls v<span class=\"_ _0\"></span>ia a b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ta fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls4 ws3 gs832\">8. <span class=\"_ _19\"> </span>As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts s<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al v<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om s<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he f<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>l am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of li<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>me m<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tga<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff11c fs2 fc0 sc0 ls2e ws38 gs833\">9. <span class=\"_ _19\"> </span><span class=\"ls4 ws3\">A 10% i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>e in t<span class=\"_ _0\"></span>he a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d un<span class=\"_ _0\"></span>it c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d fu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts of i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s al<span class=\"_ _0\"></span>l lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs834\">Th<span class=\"_ _0\"></span>e above se<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y anal<span class=\"_ _0\"></span>ysi<span class=\"_ _0\"></span>s doe<span class=\"_ _0\"></span>s not refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t all ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h cou<span class=\"_ _0\"></span>ld be take<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e the imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. In prac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p ac<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs835\">man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es its as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pos<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns to respo<span class=\"_ _0\"></span>nd to mar<span class=\"_ _0\"></span>ket move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n in the inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st ra<span class=\"_ _0\"></span>te and infl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n stre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, we <span class=\"_ _3\"></span>have not al<span class=\"_ _0\"></span>lowe<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs836\">for the re<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of TMT<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs210\">Th<span class=\"_ _0\"></span>e impa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts of thes<span class=\"_ _0\"></span>e stre<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es are not li<span class=\"_ _0\"></span>nea<span class=\"_ _0\"></span>r the<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>fore th<span class=\"_ _0\"></span>ese re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts sh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>ld not be us<span class=\"_ _0\"></span>ed to inte<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate or ex<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ate the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of a <span class=\"_ _3\"></span>sm<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r or larg<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs2d1\">st<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e resu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s of these tes<span class=\"_ _0\"></span>ts are in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>tive of the mar<span class=\"_ _0\"></span>ket co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s preva<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ng at th<span class=\"_ _0\"></span>e balan<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>. The re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts wou<span class=\"_ _0\"></span>ld be dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t if </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs211\">pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ed at an alte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs213\">Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d obje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ves<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs214\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up aim<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e its ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l resou<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>es to main<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l stre<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h, po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ive ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al rat<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s adva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs262\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p also see<span class=\"_ _0\"></span>ks to maxi<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>se its fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l flexi<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>lit<span class=\"_ _6\"></span>y by <span class=\"_ _3\"></span>mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nin<span class=\"_ _0\"></span>g str<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>u<span class=\"_ _0\"></span>til<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng a rang<span class=\"_ _0\"></span>e of alter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve sour<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s of capi<span class=\"_ _0\"></span>tal in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs215\">eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, senio<span class=\"_ _0\"></span>r de<span class=\"_ _0\"></span>bt<span class=\"_ _0\"></span>, sub<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nate<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>bt an<span class=\"_ _0\"></span>d rein<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls70 ws94 gs217\">Capital mea<span class=\"_ _3\"></span>sures<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs263\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>res it<span class=\"_ _0\"></span>s cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al on a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t bases<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng tho<span class=\"_ _0\"></span>se whi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h com<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y with th<span class=\"_ _0\"></span>e reg<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y fram<span class=\"_ _0\"></span>ewo<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>s with<span class=\"_ _0\"></span>in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs218\">op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and tho<span class=\"_ _0\"></span>se whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r mos<span class=\"_ _0\"></span>t app<span class=\"_ _0\"></span>rop<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ate for man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. The me<span class=\"_ _0\"></span>asu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s used by the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls5e wsc gs21a\">Accounting and Economic bases<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs264\">Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt use fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n pre<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d on both an IF<span class=\"_ _0\"></span>RS an<span class=\"_ _0\"></span>d risk-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal bas<span class=\"_ _0\"></span>is to manag<span class=\"_ _0\"></span>e cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al and ca<span class=\"_ _0\"></span>sh flow usa<span class=\"_ _0\"></span>ge an<span class=\"_ _0\"></span>d to </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21b\">de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd payi<span class=\"_ _0\"></span>ng ca<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21d\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>s a <span class=\"_ _3\"></span>ri<span class=\"_ _0\"></span>sk-<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l that is use<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t the man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of risk wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up. T<span class=\"_ _0\"></span>his mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>ewor<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>abl<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs21e\">adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for regu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y cons<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, als<span class=\"_ _0\"></span>o mee<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e nee<span class=\"_ _0\"></span>ds of the So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II regi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. </div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls5e wsc gs21f\">Regulator<span class=\"_ _0\"></span>y bases<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs220\">Th<span class=\"_ _0\"></span>e fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial st<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>th of the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies is mea<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>er var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us loc<span class=\"_ _0\"></span>al re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts (see bel<span class=\"_ _0\"></span>ow).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h30 ff11b fs0 fc0 sc0 ls0 ws0 gs222\">Bas<span class=\"_ _0\"></span>is of reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l and co<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs223\">In eac<span class=\"_ _0\"></span>h cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y in whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, th<span class=\"_ _0\"></span>e loc<span class=\"_ _0\"></span>al insu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce reg<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>es ru<span class=\"_ _0\"></span>les an<span class=\"_ _0\"></span>d gui<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span>ce for th<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t and t<span class=\"_ _0\"></span>yp<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>api<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs224\">whi<span class=\"_ _0\"></span>ch mu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t be held by ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es in exce<span class=\"_ _0\"></span>ss of thei<span class=\"_ _0\"></span>r insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts have bee<span class=\"_ _0\"></span>n mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ain<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at all </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs225\">tim<span class=\"_ _0\"></span>es thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the yea<span class=\"_ _0\"></span>r<span class=\"_ _3\"></span>. Thi<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>ps to ensu<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s can be mad<span class=\"_ _0\"></span>e as they fall du<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs226\">Th<span class=\"_ _0\"></span>e req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l is calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by eith<span class=\"_ _0\"></span>er ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g the add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>al ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h woul<span class=\"_ _0\"></span>d be req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>ed to mee<span class=\"_ _0\"></span>t the in<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>\u2019s liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs267\">sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, stre<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, or by appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng fixe<span class=\"_ _0\"></span>d per<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tag<span class=\"_ _0\"></span>es to the ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies an<span class=\"_ _0\"></span>d risk ex<span class=\"_ _0\"></span>pos<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs227\">in the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t juri<span class=\"_ _0\"></span>sdi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns in whi<span class=\"_ _0\"></span>ch the G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s are det<span class=\"_ _0\"></span>ail<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls5e wsc gs229\">Group regulator<span class=\"_ _0\"></span>y basis<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ly wi<span class=\"_ _0\"></span>th the S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted us<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s Par<span class=\"_ _6\"></span>tial In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l Mod<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>. The vas<span class=\"_ _0\"></span>t majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs268\">the ri<span class=\"_ _0\"></span>sk to whic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed is asse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>ed on the In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al Mod<span class=\"_ _0\"></span>el bas<span class=\"_ _0\"></span>is app<span class=\"_ _0\"></span>rove<span class=\"_ _0\"></span>d by the PR<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s for a <span class=\"_ _3\"></span>ha<span class=\"_ _0\"></span>ndf<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22b\">of smal<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es are ass<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g the S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nda<span class=\"_ _0\"></span>rd For<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ula bas<span class=\"_ _0\"></span>is on mate<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y gro<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts in res<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of its US<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22c\">ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s and Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Re<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pany No. 2 (L&amp;<span class=\"_ _0\"></span>G Re 2) <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>ed on a loca<span class=\"_ _0\"></span>l sta<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y basis<span class=\"_ _0\"></span>, foll<span class=\"_ _0\"></span>owi<span class=\"_ _0\"></span>ng PR<span class=\"_ _6\"></span>A app<span class=\"_ _0\"></span>rova<span class=\"_ _0\"></span>l of </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22d\">the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s appl<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to use the De<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n and Agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g thes<span class=\"_ _0\"></span>e busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s in the Gro<span class=\"_ _0\"></span>up sol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. </div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls0 ws3 gs22e\">U<span class=\"_ _0\"></span>K re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>is<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs22f\">At the bala<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e she<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>, requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal for th<span class=\"_ _0\"></span>e life busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss was base<span class=\"_ _0\"></span>d on the So<span class=\"_ _0\"></span>lve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y II Fram<span class=\"_ _0\"></span>ewor<span class=\"_ _0\"></span>k Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>, as <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e PR<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>. A<span class=\"_ _0\"></span>ll </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26a\">mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial EE<span class=\"_ _6\"></span>A insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e fir<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Leg<span class=\"_ _0\"></span>al and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Ass<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d and Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e (Pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t) </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26b\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted (LG<span class=\"_ _0\"></span>IM<span class=\"_ _0\"></span>\u2019s insu<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>iar<span class=\"_ _6\"></span>y) are requ<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed to hold El<span class=\"_ _0\"></span>igi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e Own Fun<span class=\"_ _0\"></span>ds in exces<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal Re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d on a <span class=\"_ _3\"></span>Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs26c\">In<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l Mod<span class=\"_ _0\"></span>el basi<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e firm<span class=\"_ _0\"></span>s, as well as the no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>A ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e firm (Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d based in Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da) </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs27f\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>te over 90<span class=\"_ _0\"></span>% of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s SC<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls0 ws3 gs3cc\">US r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y b<span class=\"_ _0\"></span>asi<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs281\">Re<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ire<span class=\"_ _0\"></span>d cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al is dete<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be th<span class=\"_ _0\"></span>e Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Act<span class=\"_ _0\"></span>ion Leve<span class=\"_ _0\"></span>l Ris<span class=\"_ _0\"></span>k Base<span class=\"_ _0\"></span>d Cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al (R<span class=\"_ _0\"></span>BC) base<span class=\"_ _0\"></span>d on the Nati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al Ass<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>iat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs282\">Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rs R<span class=\"_ _0\"></span>BC mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l. RB<span class=\"_ _0\"></span>C is a <span class=\"_ _c\"></span>m<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tho<span class=\"_ _0\"></span>d of measu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l app<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>iate for an ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t its<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs7ee\">over<span class=\"_ _0\"></span>all bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>, tak<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng into ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt it<span class=\"_ _0\"></span>s size and risk pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>. The ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is base<span class=\"_ _0\"></span>d on appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs to vari<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>t, pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs283\">cla<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>s, exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse an<span class=\"_ _0\"></span>d rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve ite<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, wit<span class=\"_ _0\"></span>h high<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s used for th<span class=\"_ _0\"></span>ose ite<span class=\"_ _0\"></span>ms wi<span class=\"_ _0\"></span>th gre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>r und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng ris<span class=\"_ _0\"></span>k and lowe<span class=\"_ _0\"></span>r fac<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s for les<span class=\"_ _0\"></span>s risk<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>tem<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc0 ff127 fs0 fc0 sc0 ls5e wsc gs237\">Bermud<span class=\"_ _0\"></span>an regulatory basis<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs238\">Be<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s are req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>ho<span class=\"_ _0\"></span>ld su<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nt ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l to <span class=\"_ _3\"></span>me<span class=\"_ _0\"></span>et th<span class=\"_ _0\"></span>e Ber<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>n Sol<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>y Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Req<span class=\"_ _0\"></span>uir<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (B<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>CR). Th<span class=\"_ _0\"></span>e BS<span class=\"_ _0\"></span>CR mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs270\">foll<span class=\"_ _0\"></span>ows a stan<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd for<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>la fra<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>wor<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>eac<span class=\"_ _0\"></span>h ris<span class=\"_ _0\"></span>k is calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by appl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d str<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es to the asse<span class=\"_ _0\"></span>ts an<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff11c fs0 fc0 sc0 ls0 ws0 gs23a\">Th<span class=\"_ _0\"></span>e indi<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>al ris<span class=\"_ _0\"></span>k ele<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (<span class=\"_ _3\"></span>exc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ona<span class=\"_ _0\"></span>l risk<span class=\"_ _0\"></span>) are com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d usin<span class=\"_ _0\"></span>g a covari<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce ma<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>x and the<span class=\"_ _0\"></span>n add<span class=\"_ _0\"></span>ed to an ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l risk ch<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>. </div>",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfManagementOfCapitalResources",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-654": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 lsc6 wsd5 gs839\">27 In<span class=\"_ _c\"></span>vestment ret<span class=\"_ _3\"></span>urn<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs83a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up ear<span class=\"_ _0\"></span>ns an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn fro<span class=\"_ _0\"></span>m hol<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>gs in fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>tru<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts and pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s, he<span class=\"_ _0\"></span>ld to eith<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r back in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ran<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e and inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs83b\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s on beh<span class=\"_ _0\"></span>alf of pol<span class=\"_ _0\"></span>icy<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>old<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs or to deli<span class=\"_ _0\"></span>ver re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s on Grou<span class=\"_ _0\"></span>p cap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff12a fs2 fc0 sc0 ls4 ws3 gs83c\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div><div class=\"gs83d\"><table class=\"s w9b2 h1b5\" id=\"_23141a7a-638e-42e0-ac48-0a9ed72547dc\"><tr><td></td><td class=\"t m1 xc2d h1b y3a4c ff128 fs2 fc0 sc0 ls149 ws6c\">Annuit<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1646 h1b y3a4c ff128 fs2 fc0 sc0 ls64 ws70\">Protec<span class=\"_ _0\"></span>tion<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1647 h1b y3a4c ff128 fs2 fc0 sc0 ls172 ws18f\">Other ass<span class=\"_ _3\"></span>ets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y3a4c ff128 fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3a4d ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3a4d ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3a4d ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3a4d ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3a4e w9b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Dividend <span class=\"_ _3\"></span>income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1648 y3a4e w3be h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11b3 y3a4e w10a h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1649 y3a4e w563 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>,14<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x164a y3a4e w430 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a4f w9b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xef6 y3a4f w74f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12bb y3a4f w8d8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls117 ws126\">49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8bc y3a4f w9b5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _6\"></span>,13<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ce y3a4f w9b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">6<span class=\"_ _0\"></span>,59<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a50 w9b7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h oth<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a7 y3a50 w95e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws27\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1396 y3a50 w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x603 y3a50 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x164b y3a50 w221 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">38<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a51 w9b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x164c y3a51 w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">196<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x164d y3a51 w2cc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls11 ws3a\">80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd17 y3a51 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x164e y3a51 w279 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">276<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3a52 w9b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Other in<span class=\"_ _3\"></span>vestment <span class=\"_ _3\"></span>(<span class=\"_ _3\"></span>expense<span class=\"_ _3\"></span>)/income</div><div class=\"t m1 x164f h15 y3a4a ff12b fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x50b y3a53 w285 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1650 y3a53 w8c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1651 y3a53 w84 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2f ws39\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1652 y3a53 w9ba h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls20 ws23\">(13<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a54 ff129 fs6 fc0 sc0 lsd ws15\">Gai<span class=\"_ _0\"></span>ns on fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or lo<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td class=\"c n x1653 y3a55 w32b h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1654 y3a55 w9bb h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls20 ws23\">16</div></td><td class=\"c n x1655 y3a55 w9bc h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>3</div></td><td class=\"c n x1656 y3a55 w600 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>,14<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3a56 w9bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Gai<span class=\"_ _0\"></span>ns on de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ve ins<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s</div><div class=\"t m1 x1657 h15 y3a4a ff12b fsd fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1658 y3a57 w5af h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls171 ws191\">2<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1659 y3a57 w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165a y3a57 w61 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">239<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165b y3a57 w9be h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">2<span class=\"_ _0\"></span>,3<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3a58 w9bf h135\"><div class=\"t m1 x1e4 ha y3106 ff129 fs6 fc0 sc0 lsd ws15\">Rea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)/gai<span class=\"_ _0\"></span>ns on fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h oth<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">comprehensive<span class=\"_ _3\"></span> income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y3a58 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165c y3a58 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165d y3a58 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165e y3a58 w53d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a59 w9c0 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 wsd\">Financial inv<span class=\"_ _3\"></span>estment return<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165f y3a59 we2 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls19 ws1a\">5,526<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1660 y3a59 w274 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>5</div></td><td class=\"c n x1661 y3a59 w544 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lse ws28\">27<span class=\"_ _c\"></span>,737</div></td><td class=\"c n x1662 y3a59 wfe h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">33,428<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a5a w9c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Rental <span class=\"_ _3\"></span>income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1663 y3a5a w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1664 y3a5a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1665 y3a5a wad h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">233<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1666 y3a5a w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8 ws7\">470<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a5b w9c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es o<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1667 y3a5b w256 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>79)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb7e y3a5b w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1668 y3a5b w9c3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsdf wsdb\">(346<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1669 y3a5b w345 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(9<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a5c w9c4 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls22 ws26\">Propert<span class=\"_ _0\"></span>y inv<span class=\"_ _3\"></span>estment return<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166a y3a5c w9c5 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls8f ws92\">(3<span class=\"_ _0\"></span>42)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166b y3a5c w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166c y3a5c w38f h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>113<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166d y3a5c w467 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a5d w9c6 h12d\"><div class=\"t m1 x1e4 he y3048 ff12c fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166e y3a5d w430 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls171 ws191\">5<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8fe y3a5d w274 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _0\"></span>5</div></td><td class=\"c n x166f y3a5d w9c7 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lse ws28\">27<span class=\"_ _c\"></span>,624</div></td><td class=\"c n x1670 y3a5d w57 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsc7 wsd6\">3<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>,97<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3470 w9c8 h135\"><div class=\"t m1 x1e4 ha y3106 ff129 fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">comprehensive<span class=\"_ _3\"></span> income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1671 y3470 w7c1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls27 ws30\">62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1672 y3470 w9bb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1673 y3470 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1674 y3470 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">75<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a5e w9c9 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal investment return<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1675 y3a5e w43e h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lse ws28\">5,246<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1676 y3a5e w3ae h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>8</div></td><td class=\"c n x1677 y3a5e w9c7 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lse ws28\">27<span class=\"_ _c\"></span>,624</div></td><td class=\"c n x1678 y3a5e w4a6 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">33,048<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3a5f ff128 fs6 fc0 sc0 ls22 ws26\">Finance expense<span class=\"_ _3\"></span> from insurance contracts i<span class=\"_ _3\"></span>ssued<span class=\"_ _3ad\"> </span></td><td class=\"c n x1679 y3a60 w5a4 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls8c ws8f\">(5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x167a y3a60 w9ca h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls90 ws93\">(62)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8a3 y3a60 w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x167b y3a60 w50 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls9e ws9f\">(5<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3a61 ff129 fs6 fc0 sc0 lsd ws15\">Of wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y325c w9cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd4c y325c w5a4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1161 y325c w3be h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14b2 y325c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x167c y325c w69 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(5,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d w9cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Other comprehensiv<span class=\"_ _3\"></span>e i<span class=\"_ _3\"></span>ncome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y325d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x167d y325d w97 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fe y325d w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x167e y325d w97 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3a62 ff128 fs6 fc0 sc0 ls13 ws12\">Finance income<span class=\"_ _3\"></span> from reinsurance<span class=\"_ _3\"></span> contracts issued<span class=\"_ _3ad\"> </span></td><td class=\"c n x4fb y31ca w38c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls27 ws30\">625<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x167f y31ca w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1680 y31ca w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1681 y31ca w38c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls27 ws30\">627<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3267 ff129 fs6 fc0 sc0 lsd ws15\">Of wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31cc w9cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb46 y31cc w182 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls27 ws30\">62<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1682 y31cc w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a1 y31cc w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103f y31cc w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws27\">584<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w9cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Other comprehensiv<span class=\"_ _3\"></span>e i<span class=\"_ _3\"></span>ncome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y312a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1683 y312a w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6ed y312a w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1684 y312a w99 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls3c wse5\">43<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs83e\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff128 fsd fc0 sc0 ls4 ws3 gs83f\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff128 fsd fc0 sc0 ls4 ws3 gs840\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 lsce ws119 gs841\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t (ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs842\">2. <span class=\"_ _19\"> </span>Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs843\">3. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is o<span class=\"_ _0\"></span>f inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>/exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. F<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs844\">re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io o<span class=\"_ _0\"></span>f ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ma<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d is p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for a<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. A su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio o<span class=\"_ _0\"></span>f as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs845\">lia<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us to t<span class=\"_ _0\"></span>he I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ri<span class=\"_ _0\"></span>sk a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 17 </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs846\">OC<span class=\"_ _0\"></span>I op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n. C<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n OC<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>st b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as e<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er F<span class=\"_ _6\"></span>VO<span class=\"_ _0\"></span>CI o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs848\">Fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r e<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>22 (<span class=\"_ _0\"></span>Re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d)<span class=\"_ _3ad\"> </span></div><div class=\"gs15a\"><table class=\"s w9cd h1b6\" id=\"_c27361ef-0f40-48dd-bf3c-68b4fb68ebee\"><tr><td></td><td class=\"t m1 x400 h11 y3a63 ff129 fs2 fc0 sc0 ls64 ws70\">Annu<span class=\"_ _0\"></span>ities<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1685 h11 y3a63 ff129 fs2 fc0 sc0 ls34 ws41\">Protection<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1686 h11 y3a63 ff12b fs2 fc0 sc0 ls3a ws46\">Other assets<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3a63 ff12b fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h11 y3a64 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h11 y3a64 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3a64 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3a64 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3a65 w9b3 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls13 ws17\">Dividend <span class=\"_ _3\"></span>income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12c9 y3a65 w5c h12c\"><div class=\"t m1 x1e4 ha y3034 ff12b fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8e0 y3a65 w5c h12c\"><div class=\"t m1 x1e4 ha y3034 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1687 y3a65 w603 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls169 ws187\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1688 y3a65 w9ce h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls19 ws1a\">4,<span class=\"_ _0\"></span>521<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a66 w9b4 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit o<span class=\"_ _0\"></span>r loss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1689 y3a66 w9cf h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 lsdf wsdb\">2,066<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x168a y3a66 w444 h12c\"><div class=\"t m1 x1e4 ha y3034 ff12b fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x168b y3a66 w425 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls53 ws1e\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>281<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x168c y3a66 wee h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls1d ws32\">5,<span class=\"_ _0\"></span>388<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3a50 w9d0 h135\"><div class=\"t m1 x1e4 ha y3106 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>ve<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147d y3a50 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x168d y3a50 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb26 y3a50 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15a9 y3a50 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a51 w9b8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e on fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x168e y3a51 w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">232<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x168f y3a51 w46a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls117 ws126\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1690 y3a51 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1691 y3a51 w261 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls53 ws1e\">281<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3a52 w9d1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Other in<span class=\"_ _3\"></span>vestment <span class=\"_ _3\"></span>(<span class=\"_ _3\"></span>expense<span class=\"_ _3\"></span>)/income</div><div class=\"t m1 x1692 h15 y3a4a ff12b fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8d2 y3a67 w9d2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>,18<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1693 y3a67 w3c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls90 ws93\">(4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1694 y3a67 w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">693<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1695 y3a67 w470 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a68 ff129 fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x1696 y3a69 w9d3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">(15<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1697 y3a69 w39f h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">(<span class=\"_ _0\"></span>118<span class=\"_ _6\"></span>)</div></td><td class=\"c n x1698 y3a69 w9d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">(84,333)</div></td><td class=\"c n x1699 y3a69 w9d5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsf4 ws102\">(10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a6a ff129 fs6 fc0 sc0 lsd ws15\">Los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s on de<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>e ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s at fair va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>gh pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or lo<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></td><td class=\"c n x8d2 y3a6b w5cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>,95<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x169a y3a6b w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x169b y3a6b w1e1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>39<span class=\"_ _0\"></span>9)</div></td><td class=\"c n x169c y3a6b w9d6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc0 wsc\">(5,357)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3a58 w9bf h135\"><div class=\"t m1 x1e4 ha y3106 ff129 fs6 fc0 sc0 lsd ws15\">Rea<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d (lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es)/gai<span class=\"_ _0\"></span>ns on fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed at fai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h oth<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">comprehensive<span class=\"_ _3\"></span> income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14dc y3a58 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x121f y3a58 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x169d y3a58 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x169e y3a58 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a6c w9d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x169f y3a6c w9d8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">(18<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a0 y3a6c w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(3<span class=\"_ _0\"></span>0)</div></td><td class=\"c n x16a1 y3a6c w9d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls167 ws18c\">(7<span class=\"_ _0\"></span>8,<span class=\"_ _6\"></span>24<span class=\"_ _0\"></span>4)</div></td><td class=\"c n x16a2 y3a6c w9da h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">(<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>7,<span class=\"_ _b\"></span>0<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a5a w9c1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Rental <span class=\"_ _3\"></span>income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a3 y3a5a w9db h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">197<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfaf y3a5a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe2b y3a5a w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">225<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a4 y3a5a w262 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls19 ws1a\">422<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a6d w9c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Ne<span class=\"_ _0\"></span>t fa<span class=\"_ _0\"></span>ir va<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es o<span class=\"_ _0\"></span>n pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a5 y3a6d w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf33 y3a6d w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a6 y3a6d w289 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>52<span class=\"_ _0\"></span>)</div></td><td class=\"c n x16a7 y3a6d w443 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">(1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>15<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a6e w9dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a8 y3a6e w9dd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">(8<span class=\"_ _0\"></span>66)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb61 y3a6e w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16a9 y3a6e w284 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls90 ws93\">(42<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)</div></td><td class=\"c n x16aa y3a6e w9a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a6f w9de h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed in pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or lo<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ab y3a6f w9df h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">(<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ac y3a6f w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(30)</div></td><td class=\"c n x16ad y3a6f w9e0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)</div></td><td class=\"c n x16ae y3a6f w3fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(98<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3470 w9c8 h135\"><div class=\"t m1 x1e4 ha y3106 ff129 fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t move<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t in fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts de<span class=\"_ _0\"></span>sig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>h othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">comprehensive<span class=\"_ _3\"></span> income<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14dc y3470 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcd1 y3470 w95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _6\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16af y3470 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16b0 y3470 w2f6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls68 ws130\">(13<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 w9e1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse wsc\">T<span class=\"_ _c\"></span>otal investment retur<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16b1 y3220 w6e1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>6<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16b2 y3220 w668 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(<span class=\"_ _0\"></span>16<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>)</div></td><td class=\"c n x16b3 y3220 w9e2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>1)</div></td><td class=\"c n x16b4 y3220 w9e3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a70 ff129 fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me fr<span class=\"_ _0\"></span>om in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x16b5 y325a w449 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16b6 y325a w75a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,9<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16b7 y325a w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n x16b8 y325a w4ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls129 ws13a\">2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>67<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a71 ff129 fs6 fc0 sc0 lsd ws15\">Of wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y325c w9cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16b9 y325c w9e4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _0\"></span>,9<span class=\"_ _6\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ba y325c waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16bb y325c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10a2 y325c w9e5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">19<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>114<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w9cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Other comprehensiv<span class=\"_ _3\"></span>e i<span class=\"_ _3\"></span>ncome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y31ee w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16bc y31ee w98 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>75<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd28 y31ee w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16bd y31ee w427 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,7<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a72 ff129 fs6 fc0 sc0 lsd ws15\">Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>/(expe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>se) fro<span class=\"_ _0\"></span>m rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x85f y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc39 y324c w7b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16be y324c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16bf y324c w7e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a73 ff129 fs6 fc0 sc0 lsd ws15\">Of wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31cc w9cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t or los<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c0 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c1 y31cc w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c2 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x7c3 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w9cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Other comprehensiv<span class=\"_ _3\"></span>e i<span class=\"_ _3\"></span>ncome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb88 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c2 y312a w661 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">(<span class=\"_ _0\"></span>1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1139 y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c3 y312a w784 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">(1,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs849\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs84a\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs84b\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs84c\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 lsce ws119 gs84d\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Ot<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t (ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e)/<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>, g<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s fr<span class=\"_ _0\"></span>om d<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>va<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve an<span class=\"_ _0\"></span>d ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l in<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs84e\">2. <span class=\"_ _19\"> </span>Ma<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d at f<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>r val<span class=\"_ _0\"></span>ue t<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t o<span class=\"_ _0\"></span>r lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs7ea\">3. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>is o<span class=\"_ _0\"></span>f inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n a<span class=\"_ _0\"></span>nd fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>/exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>s. F<span class=\"_ _0\"></span>or a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s in t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te ar<span class=\"_ _0\"></span>e </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs7eb\">re<span class=\"_ _0\"></span>fle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t or l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>e ba<span class=\"_ _0\"></span>ck<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io o<span class=\"_ _0\"></span>f ass<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>s se<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ma<span class=\"_ _0\"></span>tc<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d is p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for a<span class=\"_ _0\"></span>s F<span class=\"_ _0\"></span>V<span class=\"_ _6\"></span>TP<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>. A su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio o<span class=\"_ _0\"></span>f as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs84f\">lia<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>re a<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r a<span class=\"_ _0\"></span>t am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>tis<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>st a<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>ey a<span class=\"_ _0\"></span>re i<span class=\"_ _0\"></span>n su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>us to t<span class=\"_ _0\"></span>he I<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>RS 17 be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d ri<span class=\"_ _0\"></span>sk a<span class=\"_ _0\"></span>dj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es h<span class=\"_ _0\"></span>ave a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 17 </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs3a2\">OC<span class=\"_ _0\"></span>I op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n. C<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s in d<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>ate a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>efo<span class=\"_ _0\"></span>re r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d i<span class=\"_ _0\"></span>n OC<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>st b<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>re c<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as e<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er F<span class=\"_ _6\"></span>VO<span class=\"_ _0\"></span>CI o<span class=\"_ _0\"></span>r am<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>ti<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t.</div>",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfInvestmentReturn",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-655": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 lsb1 wsba gs851\">2<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span> Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs852\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es a sum<span class=\"_ _0\"></span>mar<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ard c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e tax ra<span class=\"_ _0\"></span>tes of the main te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es we ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te in.<span class=\"_ _3ad\"> </span></div><div class=\"gs853\"><table class=\"s w9e6 h1b7\" id=\"_1eb761f1-b05c-4959-8114-b5081759bcca\"><tr><td></td><td class=\"c n x3d4 y3a74 w28e h13b\"><div class=\"t m1 x1e4 h11 y3274 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x532 y3a75 w233 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w9e7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls28 ws31\">UK<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c4 y31ef w9e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">23.5%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c5 y31ef wb1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">19.<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c6 y3225 w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">21.0<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c7 y3225 w9e9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">21.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 w9ea h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1a ws2c\">Bermuda<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c8 y3277 w994 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">0.0%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16c9 y3277 w9eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">0<span class=\"_ _0\"></span>.0%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w587 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ca y312a w9ec h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16cb y312a w3ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs854\">Th<span class=\"_ _0\"></span>e tax sh<span class=\"_ _0\"></span>own in the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d Con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>tate<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of Com<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sive In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>s cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt an<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs4c7\">(i) I<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of t<span class=\"_ _0\"></span>he g<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l mi<span class=\"_ _0\"></span>nim<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>m ta<span class=\"_ _0\"></span>x re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4c8\">Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r the UK Gove<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ena<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d le<span class=\"_ _0\"></span>gis<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y a <span class=\"_ _3\"></span>gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al min<span class=\"_ _0\"></span>imu<span class=\"_ _0\"></span>m ta<span class=\"_ _0\"></span>x rate of 1<span class=\"_ _c\"></span>5% to mul<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>es hea<span class=\"_ _0\"></span>dq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d in the </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs855\">UK<span class=\"_ _6\"></span>, as well as a <span class=\"_ _3\"></span>new do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic UK min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um ta<span class=\"_ _0\"></span>x rate of 1<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>%<span class=\"_ _0\"></span>, in line wi<span class=\"_ _0\"></span>th the Mo<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>l Rul<span class=\"_ _0\"></span>es agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>d by the Org<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for Eco<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mic Co<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on an<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4c9\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (OECD). The<span class=\"_ _0\"></span>se rul<span class=\"_ _0\"></span>es ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y from 1 Jan<span class=\"_ _0\"></span>uar<span class=\"_ _6\"></span>y 202<span class=\"_ _0\"></span>4, an<span class=\"_ _0\"></span>d will ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>all of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s glo<span class=\"_ _0\"></span>ball<span class=\"_ _0\"></span>y.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4ca\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has ap<span class=\"_ _0\"></span>pli<span class=\"_ _0\"></span>ed th<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y mand<span class=\"_ _0\"></span>ato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y exce<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n from de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng for the im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s of the UK top<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>up ta<span class=\"_ _0\"></span>x and will ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t for it<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4cb\">as a <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt ta<span class=\"_ _0\"></span>x whe<span class=\"_ _0\"></span>n it is inc<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4c3\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>be lia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>U<span class=\"_ _0\"></span>K top<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>up ta<span class=\"_ _0\"></span>x in 2024 in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng in ou<span class=\"_ _0\"></span>r glob<span class=\"_ _0\"></span>al rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce hu<span class=\"_ _0\"></span>b in Ber<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>. Our Be<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>dan<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4c4\">bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses ac<span class=\"_ _0\"></span>t as an inte<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al hub for th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up and als<span class=\"_ _0\"></span>o sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t th<span class=\"_ _0\"></span>e grow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h of <span class=\"_ _3\"></span>ou<span class=\"_ _0\"></span>r inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>nat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>nal pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on ri<span class=\"_ _0\"></span>sk tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fer bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs857\">If the glo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m tax ru<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s had app<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>d in 202<span class=\"_ _0\"></span>3, th<span class=\"_ _0\"></span>en ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ta<span class=\"_ _0\"></span>x of 1<span class=\"_ _c\"></span>5% wou<span class=\"_ _0\"></span>ld ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng in ter<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s at lower ta<span class=\"_ _0\"></span>x rate<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs858\">re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of the tax ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nse at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y ho<span class=\"_ _0\"></span>lde<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s in Note 28 (iii) di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es the im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of overs<span class=\"_ _0\"></span>eas pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are sub<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>a lower<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs859\">or hig<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r rate of tax th<span class=\"_ _0\"></span>an the st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rd UK ra<span class=\"_ _0\"></span>te in 202<span class=\"_ _0\"></span>3, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h prim<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>y rela<span class=\"_ _0\"></span>tes to the Gro<span class=\"_ _0\"></span>up\u2019s Be<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs85a\">From 20<span class=\"_ _0\"></span>25<span class=\"_ _0\"></span>, we antic<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>ate tha<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>up wi<span class=\"_ _0\"></span>ll be liab<span class=\"_ _0\"></span>le for lo<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>l Ber<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>n cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e tax at 1<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>ad of top<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p tax un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the glo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs85b\">min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um ta<span class=\"_ _0\"></span>x rul<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, on Ber<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>uda<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs85c\">We do not anti<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pate any ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er th<span class=\"_ _0\"></span>e glob<span class=\"_ _0\"></span>al min<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um ta<span class=\"_ _0\"></span>x rul<span class=\"_ _0\"></span>es base<span class=\"_ _0\"></span>d on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>le. Fur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r gu<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs85d\">the im<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of thes<span class=\"_ _0\"></span>e new rul<span class=\"_ _0\"></span>es is expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in due co<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se and wil<span class=\"_ _0\"></span>l be kept un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r revi<span class=\"_ _0\"></span>ew. </div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls92 wsa1 gs85e\">(ii)<span class=\"_ _3\"></span> Implementation of<span class=\"_ _3\"></span> the Bermuda cor<span class=\"_ _3\"></span>porate income<span class=\"_ _3\"></span> tax regime<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs85f\">Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng 20<span class=\"_ _0\"></span>23 the Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>n Gover<span class=\"_ _0\"></span>nm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt co<span class=\"_ _0\"></span>nsu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ted on in<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ng a loc<span class=\"_ _0\"></span>al cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me ta<span class=\"_ _0\"></span>x wit<span class=\"_ _0\"></span>h effe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t from 1 Janu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 2025<span class=\"_ _0\"></span>, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h would ap<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>y </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs860\">to our Be<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>an rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce bu<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ses<span class=\"_ _0\"></span>. Thi<span class=\"_ _0\"></span>s has bee<span class=\"_ _0\"></span>n sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y enac<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 and defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax on tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs861\">an<span class=\"_ _0\"></span>d unus<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>es re<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>ing to our Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>dan bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s have bee<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>val<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>d fro<span class=\"_ _0\"></span>m 0% to <span class=\"_ _3\"></span>1<span class=\"_ _3\"></span>5%<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs862\">Th<span class=\"_ _0\"></span>is has res<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ted in a defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>\u00a3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0m as at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. Th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t is rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in res<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of tax rel<span class=\"_ _0\"></span>ief<span class=\"_ _0\"></span>s per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs863\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the Be<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>a cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e tax re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h give rise to ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The ma<span class=\"_ _0\"></span>jor<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese re<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>fs are exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs864\">unw<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>d from 20<span class=\"_ _0\"></span>25 over 1<span class=\"_ _3\"></span>0 year<span class=\"_ _0\"></span>s on a <span class=\"_ _3\"></span>st<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ht lin<span class=\"_ _0\"></span>e basis<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p exp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ts to have suffi<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts to offs<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t the unwi<span class=\"_ _0\"></span>nd of thes<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs865\">de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tib<span class=\"_ _0\"></span>le tem<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y di<span class=\"_ _0\"></span>ffe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs866\">Th<span class=\"_ _0\"></span>e defe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t of \u00a33<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0m is in<span class=\"_ _0\"></span>clu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>thi<span class=\"_ _0\"></span>n the defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>osu<span class=\"_ _0\"></span>re in Note 28 (i<span class=\"_ _0\"></span>v) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d is with<span class=\"_ _0\"></span>in the li<span class=\"_ _0\"></span>ne ite<span class=\"_ _0\"></span>m for the dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs867\">ta<span class=\"_ _0\"></span>x and acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs868\">Fur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r gui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e on the imp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ese ne<span class=\"_ _0\"></span>w rul<span class=\"_ _0\"></span>es is expe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in due cou<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>e. Th<span class=\"_ _0\"></span>is and th<span class=\"_ _0\"></span>e inte<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n with th<span class=\"_ _0\"></span>e UK rul<span class=\"_ _0\"></span>es wil<span class=\"_ _0\"></span>l be kept und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs869\">rev<span class=\"_ _0\"></span>iew as gui<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e eme<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>es for any im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span><span class=\"_ gs255\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs86a\">(ii<span class=\"_ _0\"></span>i) T<span class=\"_ _3\"></span>ax (cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it)/expe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>e in t<span class=\"_ _0\"></span>he C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></div><div class=\"gs86b\"><table class=\"s w5e1 h1b8\" id=\"_2e76306d-b19f-48c1-97db-091a3bb832a1\"><tr><td></td><td></td><td class=\"t m1 x1df h11 y3a76 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3a77 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3a78 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3a79 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3a7a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3248 w9ed h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Current tax<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16cc y3248 w3b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecf y3248 w8c4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls39 ws1c\">446<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3a7b ff128 fs6 fc0 sc0 ls4 wsd\">Deferred tax<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x4aa y32d0 w9ee h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Ori<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on or rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sa<span class=\"_ _0\"></span>l of temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s in the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16cd y32d0 w7fd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>56)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x647 y32d0 w1f0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y325a w9ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Imp<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t of reva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed ta<span class=\"_ _0\"></span>x bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ce y325a w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16cf y325a we0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(5<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b w9f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal deferred tax<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x147e y325b w66 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(35<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xeba y325b w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee w9f1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t to e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s\u2019 ta<span class=\"_ _0\"></span>x i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>or y<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d0 y31ee w9f2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">(11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d1 y31ee w141 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w9f3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal tax (<span class=\"_ _3\"></span>credit)/<span class=\"_ _c\"></span>expense<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1227 y31ef w15e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(24<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d2 y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w9f4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">Le<span class=\"_ _0\"></span>ss: t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le t<span class=\"_ _0\"></span>o po<span class=\"_ _0\"></span>lic<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er r<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d3 y31cc w38f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>119<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d4 y31cc w9f5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w9f6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal tax (<span class=\"_ _3\"></span>credit)/<span class=\"_ _c\"></span>expense attributable to equity holders<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d5 y312a w9f7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">(3<span class=\"_ _0\"></span>67<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb21 y312a wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">86<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs86d\">Th<span class=\"_ _0\"></span>e tax exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m the tax ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on profi<span class=\"_ _0\"></span>t befo<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>x at the sta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>d UK cor<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ta<span class=\"_ _0\"></span>x rate as foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span></div><div class=\"gs86e\"><table class=\"s w9f8 h1b9\" id=\"_b382d852-85b8-4921-8b64-e376568fc48c\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3a7c ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td></tr><tr><td></td><td class=\"t m1 x225 h1b y3a7d ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3a7e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3a7f ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3a80 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3a81 w9f9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t bef<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e tax at<span class=\"_ _6\"></span>tri<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le to eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d6 y3a81 w25a h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9de y3a81 w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">868<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a82 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x ca<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d at 23<span class=\"_ _0\"></span>.5%<span class=\"_ _3ad\"> </span></td><td class=\"c n x236 y3217 w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d7 y3217 w9fa h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">16<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a83 ff129 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for th<span class=\"_ _0\"></span>e ef<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s of:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 he y3a84 ff128 fs6 fc0 sc0 ls13 ws12\">Recurring reconcil<span class=\"_ _3\"></span>ing items<span class=\"_ _3\"></span>:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y3a85 ff129 fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te of tax on pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s ta<span class=\"_ _0\"></span>xed ove<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x22c y3a86 w7ba h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls90 ws93\">(6<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d8 y3a86 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a87 w9fb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">In<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e not su<span class=\"_ _0\"></span>bj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to tax<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d9 y3a87 w67d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16da y3a87 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a88 w9fc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Non-<span class=\"_ _0\"></span>deduc<span class=\"_ _0\"></span>tible <span class=\"_ _c\"></span>expenses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16db y3a88 w11f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">27<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16dc y3a88 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a89 w9fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en ta<span class=\"_ _0\"></span>xa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e and ac<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t gain<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16dd y3a89 w17a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4b ws56\">(9)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16de y3a89 w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321f w9fe h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er ta<span class=\"_ _0\"></span>xes o<span class=\"_ _0\"></span>n pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y an<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>gn in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16df y321f w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb94 y321f w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a8a w9ff h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e0 y3a8a w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e1 y3a8a w7a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a8b ff129 fs6 fc0 sc0 lsd ws15\">Do<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>le ta<span class=\"_ _0\"></span>x re<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span></td><td class=\"c n x231 y3a8c w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e2 y3a8c w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(20)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3a8d ff128 fs6 fc0 sc0 ls13 ws12\">Non-recurring reconciling<span class=\"_ _3\"></span> items:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 ha y3a8e ff129 fs6 fc0 sc0 lsd ws15\">Adj<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of pri<span class=\"_ _0\"></span>or yea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x22c y3282 w959 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">(<span class=\"_ _0\"></span>11)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e3 y3282 w483 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322f wa00 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of the reva<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e4 y322f w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e5 y322f wd1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(59)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3a8f ff129 fs6 fc0 sc0 lsd ws15\">Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of law chan<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>es on de<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31e5 w3d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(34<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e6 y31e5 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y34a6 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>ax (<span class=\"_ _3\"></span>credit)/<span class=\"_ _c\"></span>expense attribut<span class=\"_ _0\"></span>able to<span class=\"_ _3\"></span> equity holders<span class=\"_ _3ad\"> </span></td><td class=\"c n x3d4 y31f8 wa01 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">(3<span class=\"_ _0\"></span>67<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e7 y31f8 wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">86<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y312a wa02 h1ba\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls22 ws26\">Equity holders\u2019<span class=\"_ _3\"></span> effective tax rate</div><div class=\"t m1 x16e8 haa y3a90 ff128 fsd fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3d1 y3073 wa03 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>)%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16e9 y3073 wa04 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>%<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs86f\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs870\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs871\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs872\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff129 fsd fc0 sc0 ls4 ws3 gs873\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 haa ff128 fsd fc0 sc0 ls4 ws3 gs874\">6<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 lsce ws119 gs6b7\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Th<span class=\"_ _0\"></span>e Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t 20<span class=\"_ _0\"></span>21 i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te of c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ta<span class=\"_ _0\"></span>x f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m 19% to 25<span class=\"_ _0\"></span>% fr<span class=\"_ _0\"></span>om 1 A<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>l 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3. T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ra<span class=\"_ _0\"></span>te of U<span class=\"_ _0\"></span>K c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n t<span class=\"_ _0\"></span>ax f<span class=\"_ _0\"></span>or t<span class=\"_ _0\"></span>he ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r has i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d to 2<span class=\"_ _0\"></span>3.5<span class=\"_ _0\"></span>% (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs875\">19.0%).<span class=\"_ gs726\"> </span>Th<span class=\"_ _0\"></span>e e<span class=\"_ _0\"></span>nac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x ra<span class=\"_ _0\"></span>te of 2<span class=\"_ _0\"></span>5% h<span class=\"_ _0\"></span>as b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n u<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d in t<span class=\"_ _0\"></span>he c<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n of U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, as t<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te of c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ta<span class=\"_ _0\"></span>x t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t is ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n th<span class=\"_ _0\"></span>e ma<span class=\"_ _0\"></span>jo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs6b9\">of th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s rev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs6ba\">2. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e lo<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>r ra<span class=\"_ _0\"></span>te of t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x on ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>nd l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s is p<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y dr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ven b<span class=\"_ _0\"></span>y th<span class=\"_ _0\"></span>e 0% r<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te of t<span class=\"_ _0\"></span>ax<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g in o<span class=\"_ _0\"></span>ur B<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up w<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs876\">re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al fl<span class=\"_ _0\"></span>ex<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y f<span class=\"_ _0\"></span>or b<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>h ou<span class=\"_ _0\"></span>r P<span class=\"_ _0\"></span>RT b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>ur U<span class=\"_ _0\"></span>S te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>is a<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>o in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of ou<span class=\"_ _0\"></span>r U<span class=\"_ _0\"></span>S op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h a<span class=\"_ _0\"></span>re t<span class=\"_ _0\"></span>axe<span class=\"_ _0\"></span>d a<span class=\"_ _0\"></span>t 21%.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs877\">3. <span class=\"_ _19\"> </span>Do<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ef r<span class=\"_ _0\"></span>ep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts a U<span class=\"_ _0\"></span>K t<span class=\"_ _0\"></span>ax c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it a<span class=\"_ _0\"></span>vai<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e fo<span class=\"_ _0\"></span>r ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x su<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d on d<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nd i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs878\">4. <span class=\"_ _19\"> </span>Ad<span class=\"_ _0\"></span>ju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct o<span class=\"_ _0\"></span>f pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te to r<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns o<span class=\"_ _0\"></span>f pr<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs879\">5. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s to t<span class=\"_ _0\"></span>he i<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f a ne<span class=\"_ _0\"></span>w co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me t<span class=\"_ _0\"></span>ax r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me i<span class=\"_ _0\"></span>n Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h was e<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs87a\">6. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e ye<span class=\"_ _0\"></span>ar i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>es a m<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l on<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>of<span class=\"_ _0\"></span>f ta<span class=\"_ _0\"></span>x c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng f<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>m th<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on o<span class=\"_ _0\"></span>f a de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>o th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of a n<span class=\"_ _0\"></span>ew B<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>a co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me t<span class=\"_ _0\"></span>ax </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs87b\">re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he n<span class=\"_ _0\"></span>et t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t fo<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r exc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>is o<span class=\"_ _0\"></span>ne<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>f c<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it i<span class=\"_ _0\"></span>s \u00a3<span class=\"_ _0\"></span>27m a<span class=\"_ _0\"></span>nd r<span class=\"_ _0\"></span>efl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e va<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ra<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s of ta<span class=\"_ _0\"></span>x t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t we pa<span class=\"_ _0\"></span>y on o<span class=\"_ _0\"></span>ur b<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>n di<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e mi<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re o<span class=\"_ _0\"></span>f </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs87c\">pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e te<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls163 ws182 gs808\">7.<span class=\"_ _0\"></span> <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s\u2019 e<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x ra<span class=\"_ _0\"></span>te exc<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g fr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>m ra<span class=\"_ _0\"></span>te di<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s on l<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>evi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, t<span class=\"_ _0\"></span>he o<span class=\"_ _0\"></span>ne<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>of<span class=\"_ _0\"></span>f se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t as<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>h th<span class=\"_ _0\"></span>e </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs87d\">bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ut o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>up\u2019s U<span class=\"_ _0\"></span>K d<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed b<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on s<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s an<span class=\"_ _0\"></span>d th<span class=\"_ _0\"></span>e o<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>of<span class=\"_ _0\"></span>f Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>a ta<span class=\"_ _0\"></span>x cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t is 11<span class=\"_ _3\"></span>.9%<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs87f\">(iv) De<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x \u2013 Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs880\">Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d/(<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d) for te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y diff<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s and unu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d tax lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs881\">ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es and ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>es is sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to abso<span class=\"_ _0\"></span>rb the lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs882\">in fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e year<span class=\"_ _0\"></span>s. Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et have be<span class=\"_ _0\"></span>en of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t to the ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t it is per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs883\">the re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds<span class=\"_ _0\"></span>. The ne<span class=\"_ _0\"></span>t move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r is as <span class=\"_ _3\"></span>foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff12a fs2 fc0 sc0 ls103 ws110 gs884\">Deferred tax asset<span class=\"_ _0\"></span>s/(liabilities)<span class=\"_ _3ad\"> </span></div><div class=\"gs885\"><table class=\"s w753 h1bb\" id=\"_3f8b8ffe-af9b-4e92-a05c-7657699b8386\"><tr><td></td><td></td><td class=\"t m1 x33c h1b y3a91 ff128 fs2 fc0 sc0 ls6c ws77\">Ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3a92 ff128 fs2 fc0 sc0 ls6c ws77\">Ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x15e3 h1b y3a93 ff128 fs2 fc0 sc0 ls172 ws18f\">Net tax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y3a94 ff128 fs2 fc0 sc0 ls35 ws42\">(<span class=\"_ _3\"></span>charged)/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1646 h1b y3a95 ff128 fs2 fc0 sc0 ls35 ws42\">(<span class=\"_ _3\"></span>charged)/<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x16ea h1b y3a96 ff128 fs2 fc0 sc0 ls172 ws18f\">Net tax<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1392 h1b y3a97 ff128 fs2 fc0 sc0 ls4 ws3\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t as a<span class=\"_ _0\"></span>t </td><td class=\"t m1 xa64 h1b y3a98 ff128 fs2 fc0 sc0 ls10b ws59\">credited to<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h1b y3a99 ff128 fs2 fc0 sc0 ls10b ws59\">credited<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9f h1b y3a9a ff128 fs2 fc0 sc0 ls115 ws8d\">Acquisiti<span class=\"_ _3\"></span>ons/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3a9b ff128 fs2 fc0 sc0 ls4 ws3\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t as a<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 xc24 h1b y3a9c ff128 fs2 fc0 sc0 ls34 ws41\">1 January<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16ec h1b y3a9d ff128 fs2 fc0 sc0 ls34 ws41\">the income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x332 h1b y3a9e ff128 fs2 fc0 sc0 ls4 ws3\">to O<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h1b y3a9f ff128 fs2 fc0 sc0 ls114 wsa1\">disposals/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1549 h1b y3aa0 ff128 fs2 fc0 sc0 ls35 ws42\">31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y3aa1 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y3aa2 ff128 fs2 fc0 sc0 ls16e ws171\">statemen<span class=\"_ _3\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h1b y3aa3 ff128 fs2 fc0 sc0 ls4 ws3\">or e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y3aa4 ff128 fs2 fc0 sc0 ls115 ws8d\">transfers<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y3aa5 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y3aa6 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3aa7 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3aa8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3aa9 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3aaa ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3aab ff129 fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span></td><td class=\"c n x16ed y3aac w160 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ee y3aac w3be h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ef y3aac w8f h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f0 y3aac w110 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f1 y3aac w3b6 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3aad wa05 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the ta<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f2 y3aad w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws27\">458<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f3 y3aad wa06 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f4 y3aad w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1571 y3aad w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f5 y3aad w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2e ws38\">736<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3aae ff12b fs6 fc0 sc0 lsd ws3\">\u2013 UK<span class=\"_ _3ad\"> </span></td><td class=\"c n x16f6 y32c7 w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f7 y32c7 w111 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f8 y32c7 w113 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls8c ws8f\">(41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f9 y32c7 w38b h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y32c7 w3dd h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y3aaf wa07 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 US<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fa y3aaf w256 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>79)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fb y3aaf w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fc y3aaf w7e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fd y3aaf w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fe y3aaf w5af h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _6\"></span>75<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ab0 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _3ad\"> </span></td><td class=\"c n x16ff y32ca w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1700 y32ca waa h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsdf wsdb\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1701 y32ca w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1702 y32ca w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1703 y32ca waa h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsdf wsdb\">340<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a87 wa08 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse wsc\">Realised and unrealised gains on investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1704 y3a87 wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1705 y3a87 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">(49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1706 y3a87 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1707 y3a87 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1708 y3a87 wa09 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls7a wsa6\">72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3304 wa0a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>ss of de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1709 y3304 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170a y3304 w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11eb y3304 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d1 y3304 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x313 y3304 w87e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321e wa0b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170b y321e w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed4 y321e w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y321e w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170c y321e w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(24<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b5 y321e w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321f wa0c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>rading losses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1258 y321f waa h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsdf wsdb\">463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170d y321f w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170e y321f w673 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb0 y321f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170f y321f w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">609<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y3a8a wa0d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 UK<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1710 y3a8a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1711 y3a8a w73 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1712 y3a8a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1713 y3a8a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1714 y3a8a w25a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ab1 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 US<span class=\"_ _3ad\"> </span></td><td class=\"c n x765 y325a waa h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsdf wsdb\">463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1715 y325a w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsbe wsce\">96<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1716 y325a w673 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1717 y325a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1718 y325a wfc h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2b ws12b\">533<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3355 wa0e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fun<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x561 y3355 wa0f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1b ws58\">(26)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1719 y3355 w2c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171a y3355 wa10 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171b y3355 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y3355 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3356 wa11 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">Acquired <span class=\"_ _3\"></span>intangibles<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171c y3356 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171d y3356 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166b y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171e y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171f y3356 w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d wa12 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 wsd\">Net deferred tax assets/<span class=\"_ _c\"></span>(liabilities)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1720 y325d w128 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1721 y325d w84 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls2f ws39\">370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1722 y325d w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y325d w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68d y325d w51 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31e5 wa13 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1723 y31e5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1724 y31e5 wa14 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1725 y31e5 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1726 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1727 y31e5 w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ab2 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x1728 y31cc w7da h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1b ws58\">(20<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1729 y31cc w241 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172a y31cc w8f h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172b y31cc w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172c y31cc w746 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1c ws1f\">(107<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa12 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 wsd\">Net deferred tax assets/<span class=\"_ _c\"></span>(liabilities)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1720 y312a w128 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1721 y312a w84 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls2f ws39\">370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1722 y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y312a w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68d y312a w51 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs886\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs887\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs888\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs889\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff129 fsd fc0 sc0 ls4 ws3 gs88a\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls39 ws1c gs88b\">Deferred tax assets/(liabilities)<span class=\"_ _3ad\"> </span></div><div class=\"gs88c\"><table class=\"s wa15 h1bc\" id=\"_57756b9b-e0bd-498b-8ff9-45fbc7b26ec4\"><tr><td></td><td></td><td class=\"t m1 x63b h11 y3ab3 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h11 y3ab4 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y3ab5 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x951 h11 y3ab6 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x33c h11 y3ab7 ff12b fs2 fc0 sc0 ls18e wse2\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3ab8 ff12b fs2 fc0 sc0 ls18e wse2\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x16ea h11 y3ab9 ff12b fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70f h11 y3aba ff12b fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h11 y3abb ff129 fs2 fc0 sc0 ls18f ws1ae\">(c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1646 h11 y3abc ff129 fs2 fc0 sc0 ls18f ws1ae\">(c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x241 h11 y3abd ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f8 h11 y3abe ff12b fs2 fc0 sc0 ls63 ws6f\">asset<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1392 h11 y3abf ff12b fs2 fc0 sc0 ls4 ws3\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t as a<span class=\"_ _0\"></span>t </td><td class=\"t m1 xd33 h11 y3ac0 ff129 fs2 fc0 sc0 ls4 ws3\">cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70e h11 y3ac1 ff129 fs2 fc0 sc0 ls113 ws122\">credited<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9f h11 y3ac2 ff129 fs2 fc0 sc0 ls149 ws6c\">Acquisitions/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fa h11 y3ac3 ff12b fs2 fc0 sc0 ls4 ws3\">as a<span class=\"_ _0\"></span>t 31<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xc24 h11 y3ac4 ff129 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x710 h11 y3ac5 ff129 fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x332 h11 y3ac6 ff12b fs2 fc0 sc0 ls4 ws3\">to OC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3ac7 ff12b fs2 fc0 sc0 ls39 ws1c\">disposals/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x161e h11 y3ac8 ff129 fs2 fc0 sc0 ls34 ws41\">December<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h11 y3ac9 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h11 y3aca ff12b fs2 fc0 sc0 ls14b ws167\">sta<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9e h11 y3acb ff129 fs2 fc0 sc0 ls4 ws3\">or e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3acc ff12b fs2 fc0 sc0 ls39 ws1c\">transfers<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3acd ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3ace ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3acf ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3ad0 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3ad1 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3ad2 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3ad3 ff129 fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span></td><td class=\"c n x172d y32c8 w876 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172e y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1f0 y32c8 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172f y32c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1730 y32c8 w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca wa16 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the ta<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1731 y32ca w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">669<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1732 y32ca w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1733 y32ca w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1734 y32ca w820 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1735 y32ca w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls28 ws31\">458<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ad4 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 UK<span class=\"_ _3ad\"> </span></td><td class=\"c n x1736 y321c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1737 y321c w13c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2b ws12b\">288<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1738 y321c wa17 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(87<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1739 y321c we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173a y321c w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y321d wa18 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173b y321d w70a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173c y321d w665 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173d y321d w17d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173e y321d wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173f y321d w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c wa08 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse wsc\">Realised and unrealised gains on investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1740 y347c wa19 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc0 wsc\">(77)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1741 y347c wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1742 y347c w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1743 y347c w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1744 y347c w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3470 wa0a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>ss of de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1709 y3470 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls3c wse5\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1745 y3470 w3cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe23 y3470 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe24 y3470 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1746 y3470 w5ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 wa0b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1747 y3220 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1748 y3220 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6db y3220 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1749 y3220 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2d y3220 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3ad5 ff12b fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>rading losses<span class=\"_ _3ad\"> </span></td><td class=\"c n x765 y325a w2b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc0 wsc\">348<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174a y325a w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174b y325a w3a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls184 ws13\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174c y325a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174d y325a w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls3c wse5\">463<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b wa0e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fun<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174e y325b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174f y325b w93 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1750 y325b w3a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1751 y325b w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1118 y325b w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c wa11 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">Acquired <span class=\"_ _3\"></span>intangibles<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1159 y325c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1752 y325c we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa2 y325c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1753 y325c w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16da y325c w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d wa1a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s/(l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1754 y325d w52 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1755 y325d wa1b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1380 y325d wa1c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">(14<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y325d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1756 y325d w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3ad6 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3ad7 wa13 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1757 y3ad7 wa1d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1,16<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1758 y3ad7 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1759 y3ad7 w95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175a y3ad7 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">407<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175b y3ad7 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ad8 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x175c y31cc w3cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175d y31cc w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">235<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175e y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175f y31cc wa1e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1760 y31cc w13d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa1a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s/(l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1754 y312a w52 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1755 y312a wa1b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1380 y312a wa1c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">(14<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1756 y312a w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs88d\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs88e\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs88f\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h15 ff129 fsd fc0 sc0 ls4 ws3 gs890\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 lsce ws119 gs891\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">De<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng o<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te so<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to U<span class=\"_ _0\"></span>S ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs892\">2. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n to IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 17 (see N<span class=\"_ _0\"></span>ote 1 f<span class=\"_ _0\"></span>or f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ls).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs893\">3. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e B<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a n<span class=\"_ _0\"></span>ew c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e in B<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h wa<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 (se<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>8 (<span class=\"_ _0\"></span>ii)).<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs894\">4. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>ax a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es to U<span class=\"_ _0\"></span>S o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t ti<span class=\"_ _0\"></span>me r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd we e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m ove<span class=\"_ _0\"></span>r a pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of 15 to 20 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs895\">lif<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>yc<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. I<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, we ha<span class=\"_ _0\"></span>ve co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d pa<span class=\"_ _0\"></span>st r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch U<span class=\"_ _0\"></span>S c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d, t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs896\">di<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>ax c<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>n be of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d </div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs897\">ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>s ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d by ma<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs75f\">5. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s of \u00a3107m r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to t<span class=\"_ _0\"></span>he U<span class=\"_ _0\"></span>S (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>m) tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div>Unrecognis<span class=\"_ _3\"></span>ed def<span class=\"_ _3\"></span>erred tax<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g unre<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>eved ta<span class=\"_ _0\"></span>x los<span class=\"_ _0\"></span>ses an<span class=\"_ _0\"></span>d ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. No defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax<span class=\"_ _0\"></span> ass<span class=\"_ _0\"></span>et has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of these as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 (or 31<span class=\"_ _3\"></span> De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2), as it is not prob<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>re will be su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ta<span class=\"_ _0\"></span>xabl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts em<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng in fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>lieve th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>ese ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>ts wil<span class=\"_ _0\"></span>l onl<span class=\"_ _0\"></span>y be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed if it be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t sui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>e in futu<span class=\"_ _0\"></span>re pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1a2\" id=\"_94894d9a-e8e6-4aec-b70e-ee279b3b201a\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3ad9 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x224 h11 y3ada ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1761 h1b y3adb ff128 fs2 fc0 sc0 ls35 ws42\">Gross<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd4 h1b y3adc ff128 fs2 fc0 sc0 ls6c ws77\">Ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3add ff12b fs2 fc0 sc0 ls3a ws46\">Gross<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h11 y3ade ff12b fs2 fc0 sc0 ls18e wse2\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y3adf ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3ae0 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3ae1 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3ae2 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y3ae3 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y3ae4 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3ae5 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3ae6 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c x1e5 y31ed wa1f h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>rading losses</div><div class=\"t m1 x1762 h15 y35df ff12b fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cf y31ed wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1763 y31ed wa20 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1764 y31ed w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">272<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1765 y31ed wa21 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1e ws21\">61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wa22 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1a ws1c\">Capital losses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103d y31ee w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">157<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1766 y31ee w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1767 y31ee w5ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls129 ws13a\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1768 y31ee wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wa23 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">Excess management expense<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1769 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2c y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176a y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176b y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wa24 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts on de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fc y3225 w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176c y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d6 y3225 wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176d y3225 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa25 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ef y31cc w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f0 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176e y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa26 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Unrecognised deferred tax assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176f y312a w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">513<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa50 y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">108<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1770 y312a w889 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16a ws188\">362<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165e y312a w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td></tr></table>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es \u00a36<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>7m) re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>S bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>26 a<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span>(v) Curr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t t<span class=\"_ _0\"></span>ax \u2013 C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted B<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1bd\" id=\"_0ea2079a-2705-4671-b727-de5c93993963\"><tr><td></td><td class=\"t m1 x225 h1b y3ae7 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3ae7 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3ae8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3ae8 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31f7 wa27 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hin 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1771 y31f7 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1772 y31f7 we8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f8 wa28 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x re<span class=\"_ _0\"></span>cov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le af<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er 12 <span class=\"_ _3\"></span>mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x65b y31f8 w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">8<span class=\"_ _0\"></span>10<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1773 y31f8 w7f7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8 ws7\">75<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 he y3ae9 ff128 fs6 fc0 sc0 lsd ws3\">Cu<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td class=\"c n x22a y35cf w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">885<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3e0 y35cf wbc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls43 ws190\">802<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Of t<span class=\"_ _0\"></span>he to<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, \u00a3<span class=\"_ _0\"></span>80<span class=\"_ _0\"></span>5m (2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3<span class=\"_ _0\"></span>745<span class=\"_ _0\"></span>m) re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to am<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts r<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le i<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of wi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>hh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x re<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ms a<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>le to u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t l<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ked f<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s. </span><table class=\"s w2e5 h149\" id=\"_f7b2f661-1aeb-414e-9106-2a032e54f8d1\"><tr><td></td><td class=\"t m1 x225 h1b y3aea ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3aea ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3aeb ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3aeb ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 wa29 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x d<span class=\"_ _0\"></span>ue w<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>n 12 mont<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x133e y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176d y3225 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 wa2a h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">T<span class=\"_ _c\"></span>a<span class=\"_ _0\"></span>x d<span class=\"_ _0\"></span>ue af<span class=\"_ _6\"></span>ter 12 mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>hs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15b8 y3277 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">75<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15fb y3277 wa2b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls40 ws1a0\">68<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa2c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Current tax liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1774 y312a wf6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls105 ws1d\">77<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b1 y312a w2b3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">69<span class=\"_ _3ad\"> </span></div></td></tr></table>(vi) T<span class=\"_ _3\"></span>ax c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly i<span class=\"_ _0\"></span>n eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span><table class=\"s w658 h1be\" id=\"_864e5d28-b201-4e89-a995-f46541bd01be\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3aec ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x225 h1b y3aed ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3aee ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3aef ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3af0 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wa2d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2b ws8d\">Current tax<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x99e y31cb w977 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls28 ws31\">(7)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf20 y31cb wa10 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa2e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1775 y31cc w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1776 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa2f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>ax (<span class=\"_ _3\"></span>credit)/<span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>harge recognised directly in<span class=\"_ _3\"></span> equity<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1777 y312a w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1778 y312a w7ad h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc7 wsd6\">(5<span class=\"_ _0\"></span>)</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-706": {
   "value": "(iv) De<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x \u2013 Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es have be<span class=\"_ _0\"></span>en re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d/(<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d) for te<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y diff<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s and unu<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d tax lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of defer<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of temp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y dif<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es and ta<span class=\"_ _0\"></span>x loss<span class=\"_ _0\"></span>es is sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>be<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t esti<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te of <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re ta<span class=\"_ _0\"></span>xab<span class=\"_ _0\"></span>le pro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ts to abso<span class=\"_ _0\"></span>rb the lo<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>s in fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e year<span class=\"_ _0\"></span>s. Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es pre<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et have be<span class=\"_ _0\"></span>en of<span class=\"_ _0\"></span>fse<span class=\"_ _0\"></span>t to the ex<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>t it is per<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ssi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> the re<span class=\"_ _0\"></span>lev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ng st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>rds<span class=\"_ _0\"></span>. The ne<span class=\"_ _0\"></span>t move<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt in defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s and lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r is as <span class=\"_ _3\"></span>foll<span class=\"_ _0\"></span>ows:<span class=\"_ _3ad\"> </span>Deferred tax asset<span class=\"_ _0\"></span>s/(liabilities)<span class=\"_ _3ad\"> </span><table class=\"s w753 h1bb\" id=\"_3f8b8ffe-af9b-4e92-a05c-7657699b8386\"><tr><td></td><td></td><td class=\"t m1 x33c h1b y3a91 ff128 fs2 fc0 sc0 ls6c ws77\">Ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3a92 ff128 fs2 fc0 sc0 ls6c ws77\">Ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td></td><td class=\"t m1 x15e3 h1b y3a93 ff128 fs2 fc0 sc0 ls172 ws18f\">Net tax<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y3a94 ff128 fs2 fc0 sc0 ls35 ws42\">(<span class=\"_ _3\"></span>charged)/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1646 h1b y3a95 ff128 fs2 fc0 sc0 ls35 ws42\">(<span class=\"_ _3\"></span>charged)/<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x16ea h1b y3a96 ff128 fs2 fc0 sc0 ls172 ws18f\">Net tax<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1392 h1b y3a97 ff128 fs2 fc0 sc0 ls4 ws3\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t as a<span class=\"_ _0\"></span>t </td><td class=\"t m1 xa64 h1b y3a98 ff128 fs2 fc0 sc0 ls10b ws59\">credited to<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x867 h1b y3a99 ff128 fs2 fc0 sc0 ls10b ws59\">credited<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9f h1b y3a9a ff128 fs2 fc0 sc0 ls115 ws8d\">Acquisiti<span class=\"_ _3\"></span>ons/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3a9b ff128 fs2 fc0 sc0 ls4 ws3\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t as a<span class=\"_ _0\"></span>t </td></tr><tr><td></td><td class=\"t m1 xc24 h1b y3a9c ff128 fs2 fc0 sc0 ls34 ws41\">1 January<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16ec h1b y3a9d ff128 fs2 fc0 sc0 ls34 ws41\">the income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x332 h1b y3a9e ff128 fs2 fc0 sc0 ls4 ws3\">to O<span class=\"_ _0\"></span>CI<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h1b y3a9f ff128 fs2 fc0 sc0 ls114 wsa1\">disposals/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1549 h1b y3aa0 ff128 fs2 fc0 sc0 ls35 ws42\">31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h1b y3aa1 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h1b y3aa2 ff128 fs2 fc0 sc0 ls16e ws171\">statemen<span class=\"_ _3\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h1b y3aa3 ff128 fs2 fc0 sc0 ls4 ws3\">or e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ty<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h1b y3aa4 ff128 fs2 fc0 sc0 ls115 ws8d\">transfers<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h1b y3aa5 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h1b y3aa6 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h1b y3aa7 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3aa8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y3aa9 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3aaa ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3aab ff129 fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span></td><td class=\"c n x16ed y3aac w160 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls126 ws142\">116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ee y3aac w3be h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16ef y3aac w8f h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f0 y3aac w110 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f1 y3aac w3b6 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3aad wa05 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the ta<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f2 y3aad w5b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws27\">458<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f3 y3aad wa06 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f4 y3aad w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1571 y3aad w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f5 y3aad w61 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2e ws38\">736<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3aae ff12b fs6 fc0 sc0 lsd ws3\">\u2013 UK<span class=\"_ _3ad\"> </span></td><td class=\"c n x16f6 y32c7 w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f7 y32c7 w111 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls8c ws8f\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f8 y32c7 w113 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls8c ws8f\">(41)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f9 y32c7 w38b h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4e0 y32c7 w3dd h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls171 ws191\">1<span class=\"_ _0\"></span>,14<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y3aaf wa07 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 US<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fa y3aaf w256 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4b ws56\">(<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>79)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fb y3aaf w8e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fc y3aaf w7e8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8 ws7\">47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fd y3aaf w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16fe y3aaf w5af h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls9e ws9f\">(<span class=\"_ _6\"></span>75<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ab0 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da<span class=\"_ _3ad\"> </span></td><td class=\"c n x16ff y32ca w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1700 y32ca waa h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsdf wsdb\">340<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1701 y32ca w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1702 y32ca w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1703 y32ca waa h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsdf wsdb\">340<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3a87 wa08 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse wsc\">Realised and unrealised gains on investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1704 y3a87 wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1705 y3a87 wdf h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">(49<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1706 y3a87 w111 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(2<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1707 y3a87 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1708 y3a87 wa09 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls7a wsa6\">72<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3304 wa0a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>ss of de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1709 y3304 w94 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">21<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170a y3304 w388 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">(4<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11eb y3304 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d1 y3304 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x313 y3304 w87e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321e wa0b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170b y321e w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xed4 y321e w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fe y321e w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170c y321e w115 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(24<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x12b5 y321e w56 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">52<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y321f wa0c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>rading losses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1258 y321f waa h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsdf wsdb\">463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170d y321f w3ae h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8d ws90\">17<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170e y321f w673 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xfb0 y321f w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x170f y321f w71e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">609<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y3a8a wa0d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 UK<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1710 y3a8a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1711 y3a8a w73 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1712 y3a8a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1713 y3a8a w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1714 y3a8a w25a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">76<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ab1 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 US<span class=\"_ _3ad\"> </span></td><td class=\"c n x765 y325a waa h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsdf wsdb\">463<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1715 y325a w2cd h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsbe wsce\">96<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1716 y325a w673 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1b ws58\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1717 y325a w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1718 y325a wfc h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2b ws12b\">533<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3355 wa0e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fun<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x561 y3355 wa0f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1b ws58\">(26)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1719 y3355 w2c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171a y3355 wa10 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc0 wsc\">44<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171b y3355 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x622 y3355 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3356 wa11 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">Acquired <span class=\"_ _3\"></span>intangibles<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171c y3356 w3b3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171d y3356 w9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166b y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171e y3356 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171f y3356 w3b7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls9e ws9f\">(3)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d wa12 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 wsd\">Net deferred tax assets/<span class=\"_ _c\"></span>(liabilities)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1720 y325d w128 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1721 y325d w84 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls2f ws39\">370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1722 y325d w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y325d w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68d y325d w51 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y31e5 wa13 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1723 y31e5 w51 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1724 y31e5 wa14 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1725 y31e5 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1726 y31e5 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1727 y31e5 w493 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">1,<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ab2 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x1728 y31cc w7da h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1b ws58\">(20<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1729 y31cc w241 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172a y31cc w8f h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls90 ws93\">(6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172b y31cc w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172c y31cc w746 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1c ws1f\">(107<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa12 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 wsd\">Net deferred tax assets/<span class=\"_ _c\"></span>(liabilities)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1720 y312a w128 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1721 y312a w84 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls2f ws39\">370<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1722 y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68c y312a w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x68d y312a w51 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>Deferred tax assets/(liabilities)<span class=\"_ _3ad\"> </span><table class=\"s wa15 h1bc\" id=\"_57756b9b-e0bd-498b-8ff9-45fbc7b26ec4\"><tr><td></td><td></td><td class=\"t m1 x63b h11 y3ab3 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h11 y3ab4 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1df h11 y3ab5 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x951 h11 y3ab6 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x33c h11 y3ab7 ff12b fs2 fc0 sc0 ls18e wse2\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3ab8 ff12b fs2 fc0 sc0 ls18e wse2\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x16ea h11 y3ab9 ff12b fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x70f h11 y3aba ff12b fs2 fc0 sc0 ls4 ws3\">Ne<span class=\"_ _0\"></span>t ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h11 y3abb ff129 fs2 fc0 sc0 ls18f ws1ae\">(c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1646 h11 y3abc ff129 fs2 fc0 sc0 ls18f ws1ae\">(c<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>)<span class=\"_ _0\"></span>/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x241 h11 y3abd ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4f8 h11 y3abe ff12b fs2 fc0 sc0 ls63 ws6f\">asset<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1392 h11 y3abf ff12b fs2 fc0 sc0 ls4 ws3\">as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t as a<span class=\"_ _0\"></span>t </td><td class=\"t m1 xd33 h11 y3ac0 ff129 fs2 fc0 sc0 ls4 ws3\">cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x70e h11 y3ac1 ff129 fs2 fc0 sc0 ls113 ws122\">credited<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9f h11 y3ac2 ff129 fs2 fc0 sc0 ls149 ws6c\">Acquisitions/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fa h11 y3ac3 ff12b fs2 fc0 sc0 ls4 ws3\">as a<span class=\"_ _0\"></span>t 31<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xc24 h11 y3ac4 ff129 fs2 fc0 sc0 ls4 ws3\">1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x710 h11 y3ac5 ff129 fs2 fc0 sc0 ls34 ws41\">income<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x332 h11 y3ac6 ff12b fs2 fc0 sc0 ls4 ws3\">to OC<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3ac7 ff12b fs2 fc0 sc0 ls39 ws1c\">disposals/<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x161e h11 y3ac8 ff129 fs2 fc0 sc0 ls34 ws41\">December<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x56b h11 y3ac9 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x920 h11 y3aca ff12b fs2 fc0 sc0 ls14b ws167\">sta<span class=\"_ _0\"></span>teme<span class=\"_ _0\"></span>nt<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9e h11 y3acb ff129 fs2 fc0 sc0 ls4 ws3\">or e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4a9 h11 y3acc ff12b fs2 fc0 sc0 ls39 ws1c\">transfers<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3acd ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x542 h11 y3ace ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x4fa h11 y3acf ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h11 y3ad0 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3ad1 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3ad2 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3ad3 ff129 fs6 fc0 sc0 lsd ws15\">Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ses<span class=\"_ _3ad\"> </span></td><td class=\"c n x172d y32c8 w876 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse4 wsee\">95<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172e y32c8 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1f0 y32c8 w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x172f y32c8 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1730 y32c8 w560 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32ca wa16 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Dif<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n the ta<span class=\"_ _0\"></span>x an<span class=\"_ _0\"></span>d acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g val<span class=\"_ _0\"></span>ue of ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1731 y32ca w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">669<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1732 y32ca w2b4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _6\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1733 y32ca w139 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1734 y32ca w820 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1735 y32ca w2c2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls28 ws31\">458<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ad4 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 UK<span class=\"_ _3ad\"> </span></td><td class=\"c n x1736 y321c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1737 y321c w13c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2b ws12b\">288<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1738 y321c wa17 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls137 ws14c\">(87<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1739 y321c we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173a y321c w5f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x4aa y321d wa18 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173b y321d w70a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173c y321d w665 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(3<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173d y321d w17d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(12<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173e y321d wf8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x173f y321d w47b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1b ws58\">(<span class=\"_ _6\"></span>7<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>9)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y347c wa08 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse wsc\">Realised and unrealised gains on investments<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1740 y347c wa19 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc0 wsc\">(77)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1741 y347c wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">237<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1742 y347c w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1743 y347c w484 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(4<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1744 y347c w4bc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3470 wa0a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xce<span class=\"_ _0\"></span>ss of de<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ove<span class=\"_ _0\"></span>r cap<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tal al<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>wan<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1709 y3470 w65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls3c wse5\">22<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1745 y3470 w3cf h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe23 y3470 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe24 y3470 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1746 y3470 w5ef h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3220 wa0b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>rov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s and ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1747 y3220 w444 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls2c ws36\">41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1748 y3220 w268 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6db y3220 w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1749 y3220 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb2d y3220 w53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3ad5 ff12b fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>rading losses<span class=\"_ _3ad\"> </span></td><td class=\"c n x765 y325a w2b1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc0 wsc\">348<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174a y325a w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">72<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174b y325a w3a8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls184 ws13\">43<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174c y325a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174d y325a w474 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls3c wse5\">463<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b wa0e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fun<span class=\"_ _0\"></span>d defi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>it<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174e y325b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x174f y325b w93 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">(<span class=\"_ _0\"></span>15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1750 y325b w3a7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">(19<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1751 y325b w7e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">(<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1118 y325b w3cc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c wa11 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">Acquired <span class=\"_ _3\"></span>intangibles<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1159 y325c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1752 y325c we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xaa2 y325c w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1753 y325c w3c7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1b ws58\">(3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16da y325c w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325d wa1a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s/(l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1754 y325d w52 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1755 y325d wa1b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1380 y325d wa1c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">(14<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y325d w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1756 y325d w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec ha y3ad6 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x4aa y3ad7 wa13 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">\u2013 De<span class=\"_ _0\"></span>fer<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>ax a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1757 y3ad7 wa1d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1,16<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1758 y3ad7 w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1759 y3ad7 w95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(17<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175a y3ad7 w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">407<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175b y3ad7 w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>4<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x3a9 ha y3ad8 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td class=\"c n x175c y31cc w3cb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4b ws56\">(6<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175d y31cc w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">235<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175e y31cc w8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls24 ws2a\">26<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x175f y31cc wa1e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls90 ws93\">(4<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1760 y31cc w13d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">(2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa1a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ne<span class=\"_ _0\"></span>t def<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s/(l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1754 y312a w52 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,10<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1755 y312a wa1b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">2<span class=\"_ _6\"></span>74<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1380 y312a wa1c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">(14<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6fe y312a w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1756 y312a w51 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr></table>1<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">De<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts a<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ng o<span class=\"_ _0\"></span>n de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ac<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te so<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>y to U<span class=\"_ _0\"></span>S ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></span>2. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s th<span class=\"_ _0\"></span>e im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of tr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n to IF<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>S 17 (see N<span class=\"_ _0\"></span>ote 1 f<span class=\"_ _0\"></span>or f<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>the<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ls).<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e B<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>a de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ed t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s to th<span class=\"_ _0\"></span>e in<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of a n<span class=\"_ _0\"></span>ew c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>x r<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>e in B<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>, w<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>h wa<span class=\"_ _0\"></span>s e<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed i<span class=\"_ _0\"></span>n De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>23 (se<span class=\"_ _0\"></span>e N<span class=\"_ _0\"></span>ote 2<span class=\"_ _0\"></span>8 (<span class=\"_ _0\"></span>ii)).<span class=\"_ _3ad\"> </span>4. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>is d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>ax a<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>es to U<span class=\"_ _0\"></span>S o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. T<span class=\"_ _0\"></span>he l<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t ti<span class=\"_ _0\"></span>me r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd we e<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m ove<span class=\"_ _0\"></span>r a pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d of 15 to 20 ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th t<span class=\"_ _0\"></span>he lif<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>yc<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f th<span class=\"_ _0\"></span>e un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. I<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng t<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>s co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, we ha<span class=\"_ _0\"></span>ve co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d pa<span class=\"_ _0\"></span>st r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>s, t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ba<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>s un<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch U<span class=\"_ _0\"></span>S c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s ar<span class=\"_ _0\"></span>e ta<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d, t<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y di<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>fit<span class=\"_ _0\"></span>s ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t w<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ch t<span class=\"_ _0\"></span>he d<span class=\"_ _0\"></span>ef<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d t<span class=\"_ _0\"></span>ax c<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>n be of<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>, a<span class=\"_ _0\"></span>nd f<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fit f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he r<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>s ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ly r<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d by ma<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Th<span class=\"_ _0\"></span>e de<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y i<span class=\"_ _0\"></span>s c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d of ba<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s of \u00a3107m r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to t<span class=\"_ _0\"></span>he U<span class=\"_ _0\"></span>S (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>m) tha<span class=\"_ _0\"></span>t ar<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>t c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le o<span class=\"_ _0\"></span>f be<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of<span class=\"_ _0\"></span>fs<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t ag<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r d<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x as<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span><div class=\"t m1 h4 ff128 fs0 fc4 sc0 lsa0 ws8d gs899\">Unrecognis<span class=\"_ _3\"></span>ed def<span class=\"_ _3\"></span>erred tax<span class=\"_ _3\"></span> assets<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs89a\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g unre<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>eved ta<span class=\"_ _0\"></span>x los<span class=\"_ _0\"></span>ses an<span class=\"_ _0\"></span>d ded<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e temp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es ca<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>d for<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>rd as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3. No defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d tax<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs89b\">ass<span class=\"_ _0\"></span>et has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of these as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 (or 31<span class=\"_ _3\"></span> De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2), as it is not prob<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t the<span class=\"_ _0\"></span>re will be su<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le ta<span class=\"_ _0\"></span>xabl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs89c\">pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts em<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng in fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ds aga<span class=\"_ _0\"></span>ins<span class=\"_ _0\"></span>t wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>lieve th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. Th<span class=\"_ _0\"></span>ese ta<span class=\"_ _0\"></span>x asse<span class=\"_ _0\"></span>ts wil<span class=\"_ _0\"></span>l onl<span class=\"_ _0\"></span>y be rec<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ed if it be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s pro<span class=\"_ _0\"></span>bab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>t sui<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e taxab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs89d\">pr<span class=\"_ _0\"></span>ofi<span class=\"_ _0\"></span>ts wil<span class=\"_ _0\"></span>l aris<span class=\"_ _0\"></span>e in futu<span class=\"_ _0\"></span>re pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"gs89e\"><table class=\"s w2e5 h1a2\" id=\"_94894d9a-e8e6-4aec-b70e-ee279b3b201a\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h11 y3ad9 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x224 h11 y3ada ff12b fs2 fc0 sc0 ls132 ws12c\">Restated<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1761 h1b y3adb ff128 fs2 fc0 sc0 ls35 ws42\">Gross<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd4 h1b y3adc ff128 fs2 fc0 sc0 ls6c ws77\">Ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h11 y3add ff12b fs2 fc0 sc0 ls3a ws46\">Gross<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xbb6 h11 y3ade ff12b fs2 fc0 sc0 ls18e wse2\">Ta<span class=\"_ _6\"></span>x<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5e3 h1b y3adf ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3ae0 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3ae1 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3ae2 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x5bd h1b y3ae3 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x401 h1b y3ae4 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x227 h11 y3ae5 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3ae6 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c x1e5 y31ed wa1f h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>rading losses</div><div class=\"t m1 x1762 h15 y35df ff12b fsd fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8cf y31ed wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">330<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1763 y31ed wa20 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1764 y31ed w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">272<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1765 y31ed wa21 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1e ws21\">61<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wa22 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1a ws1c\">Capital losses<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x103d y31ee w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">157<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1766 y31ee w21e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsdf wsdb\">34<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1767 y31ee w5ce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls129 ws13a\">67<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1768 y31ee wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wa23 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">Excess management expense<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1769 y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa2c y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176a y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176b y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wa24 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>d in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts on de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>t ins<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10fc y3225 w6cc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176c y3225 w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16d6 y3225 wc2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176d y3225 we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa25 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er un<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>og<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d defe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ta<span class=\"_ _0\"></span>x<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8ef y31cc w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8f0 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ea y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176e y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa26 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Unrecognised deferred tax assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x176f y312a w248 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">513<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa50 y312a w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">108<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1770 y312a w889 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16a ws188\">362<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x165e y312a w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls53 ws1e\">81<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 lsce ws119 gs722\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">T<span class=\"_ _3\"></span>ra<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es i<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>es \u00a36<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>m (20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>7m) re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to th<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>S bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h ar<span class=\"_ _0\"></span>e ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d to ex<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>26 a<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-656": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls4 ws3 gs8a2\">30 E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _3ad\"> </span></div><div class=\"gs5c0\"><table class=\"s wa41 h1c0\" id=\"_5540eea2-f8a0-488e-974f-1b5fb93724b3\"><tr><td></td><td class=\"c n x1616 y3af4 w28e h13d\"><div class=\"t m1 x1e4 h11 y323c ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1783 y3af5 w233 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3af6 ff128 fs6 fc0 sc0 lsd ws3\">Mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ly ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31c8 w9e7 h12c\"><div class=\"t m1 x1e4 ha y3034 ff12b fs6 fc0 sc0 ls28 ws31\">UK<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1661 y31c8 w907 h12d\"><div class=\"t m1 x1e4 ha y3034 ff128 fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1784 y31c8 we6 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls14 ws2d\">10,333<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1785 y324c w81 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1786 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w53a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1d ws32\">Europe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1787 y31cb wa42 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">66<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1772 y31cb w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1788 y31cc w221 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">88<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1789 y31cc wa43 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa44 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws26\">Worldwide<span class=\"_ _c\"></span> e<span class=\"_ _0\"></span>mployees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178a y312a wa45 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178b y312a w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff12b fs2 fc0 sc0 ls114 wsa1 gs8a3\">Notes<span class=\"_ _3ad\"> </span></div><div class=\"gs8a4\"><table class=\"s wa46 h1c1\" id=\"_1d0b138d-fd96-498a-a95e-ca82ad85bcbf\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y3af7 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3af7 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e2 h1b y3af8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3af8 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d wa47 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Wag<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x178c y328d w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178d y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 wa48 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">So<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x178e y31c8 w5b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178f y31c8 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c wa49 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve awar<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1790 y324c w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1791 y324c w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1792 y324c w153 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls17d ws137\">54<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb wa4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1793 y31cb w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31cb w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">33<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1794 y31cb w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa4b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1795 y31cc w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1796 y31cc w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118f y31cc w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa4c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal employee<span class=\"_ _3\"></span> related expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x1797 y312a we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1798 y312a wa4d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>4</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-707": {
   "value": "30 E<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e inf<span class=\"_ _0\"></span>orm<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion<span class=\"_ _3ad\"> </span><table class=\"s wa41 h1c0\" id=\"_5540eea2-f8a0-488e-974f-1b5fb93724b3\"><tr><td></td><td class=\"c n x1616 y3af4 w28e h13d\"><div class=\"t m1 x1e4 h11 y323c ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1783 y3af5 w233 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3af6 ff128 fs6 fc0 sc0 lsd ws3\">Mo<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ly ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>f em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g th<span class=\"_ _0\"></span>e yea<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y31c8 w9e7 h12c\"><div class=\"t m1 x1e4 ha y3034 ff12b fs6 fc0 sc0 ls28 ws31\">UK<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1661 y31c8 w907 h12d\"><div class=\"t m1 x1e4 ha y3034 ff128 fs6 fc0 sc0 ls1c ws1f\">10,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>70<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1784 y31c8 we6 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls14 ws2d\">10,333<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w546 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsb3 wsbe\">USA<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1785 y324c w81 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">1,1<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1786 y324c w55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w53a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1d ws32\">Europe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1787 y31cb wa42 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">66<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1772 y31cb w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1788 y31cc w221 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">88<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1789 y31cc wa43 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa44 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws26\">Worldwide<span class=\"_ _c\"></span> e<span class=\"_ _0\"></span>mployees<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178a y312a wa45 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178b y312a w51b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">11,<span class=\"_ _b\"></span>4<span class=\"_ _0\"></span>9<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>Notes<span class=\"_ _3ad\"> </span><table class=\"s wa46 h1c1\" id=\"_1d0b138d-fd96-498a-a95e-ca82ad85bcbf\"><tr><td></td><td></td><td class=\"t m1 x1e0 h1b y3af7 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3af7 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1e2 h1b y3af8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3af8 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y328d wa47 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Wag<span class=\"_ _0\"></span>es a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>ala<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x178c y328d w106 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,0<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178d y328d waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 wa48 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">So<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ial se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x178e y31c8 w5b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">111<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178f y31c8 w580 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c wa49 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve awar<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1790 y324c w2fd h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls117 ws126\">31<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1791 y324c w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1792 y324c w153 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls17d ws137\">54<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb wa4a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1793 y31cb w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c6 y31cb w4b1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">33<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1794 y31cb w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa4b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">De<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1795 y31cc w56 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1796 y31cc w241 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x118f y31cc w2d7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls22 ws27\">93<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa4c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal employee<span class=\"_ _3\"></span> related expenses<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x1797 y312a we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1798 y312a wa4d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">1<span class=\"_ _0\"></span>,19<span class=\"_ _0\"></span>4</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-657": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 lsfe ws10c gs8a6\">3<span class=\"_ _3\"></span>1 Share-bas<span class=\"_ _3\"></span>ed pa<span class=\"_ _3\"></span>yments<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs8a7\">(i) D<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8a8\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up pr<span class=\"_ _0\"></span>ovid<span class=\"_ _0\"></span>es a num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tle<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed lo<span class=\"_ _0\"></span>ng<span class=\"_ _6\"></span>-te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m inc<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve plan<span class=\"_ _0\"></span>s for dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s and eli<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8a9\">Th<span class=\"_ _0\"></span>e Savi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Rela<span class=\"_ _0\"></span>ted S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re Opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Plan (Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>Save) allow<span class=\"_ _0\"></span>s emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es to ente<span class=\"_ _0\"></span>r in<span class=\"_ _0\"></span>to a <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lar sav<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t over thr<span class=\"_ _0\"></span>ee an<span class=\"_ _0\"></span>d/or five year<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, cou<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8aa\">wi<span class=\"_ _0\"></span>th a cor<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g opti<span class=\"_ _0\"></span>on over sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up. Th<span class=\"_ _0\"></span>e gra<span class=\"_ _0\"></span>nt pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e is equ<span class=\"_ _0\"></span>al to <span class=\"_ _3\"></span>8<span class=\"_ _0\"></span>0% of the quo<span class=\"_ _0\"></span>ted ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce of the Gro<span class=\"_ _0\"></span>up sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s on the invi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls85 wsc3 gs8ab\">date<span class=\"_ _0\"></span>. </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8ac\">Nil<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t opti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s can be gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ted to seni<span class=\"_ _0\"></span>or ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r the Per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Sha<span class=\"_ _0\"></span>re Plan (P<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>P), base<span class=\"_ _0\"></span>d upo<span class=\"_ _0\"></span>n ind<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>idu<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>man<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8ad\">Pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>for<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>d to awards be<span class=\"_ _0\"></span>fore 2018 <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt in the nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er of opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns that ves<span class=\"_ _0\"></span>t bei<span class=\"_ _0\"></span>ng eq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>lly de<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nt on th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s rela<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8ae\">tota<span class=\"_ _0\"></span>l shar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ret<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n (T<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>R) and Ea<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs pe<span class=\"_ _0\"></span>r Sha<span class=\"_ _0\"></span>re (E<span class=\"_ _0\"></span>PS)/<span class=\"_ _0\"></span>Di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd pe<span class=\"_ _0\"></span>r Sh<span class=\"_ _0\"></span>are (D<span class=\"_ _0\"></span>PS) gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>. In add<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, the awar<span class=\"_ _0\"></span>ds ves<span class=\"_ _0\"></span>t aft<span class=\"_ _0\"></span>er the en<span class=\"_ _0\"></span>d of the thre<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8af\">yea<span class=\"_ _0\"></span>r per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod an<span class=\"_ _0\"></span>d bec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le in thi<span class=\"_ _0\"></span>rds over th<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e, fou<span class=\"_ _0\"></span>r and five yea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. St<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tin<span class=\"_ _0\"></span>g from awar<span class=\"_ _0\"></span>ds gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ted in 2018, the num<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er of </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b0\">op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns tha<span class=\"_ _0\"></span>t vest is equ<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tive TS<span class=\"_ _0\"></span>R and EP<span class=\"_ _0\"></span>S gr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>th (subj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t to Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II ob<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive<span class=\"_ _0\"></span>s). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>e majo<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of awards ves<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b1\">af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r the end of the thr<span class=\"_ _0\"></span>ee yea<span class=\"_ _0\"></span>r per<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e per<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>d and be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>sab<span class=\"_ _0\"></span>le in thi<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>s in year thre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, four and fi<span class=\"_ _0\"></span>ve. Award<span class=\"_ _0\"></span>s gra<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>E<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b2\">Dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs an<span class=\"_ _0\"></span>d Per<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ns Del<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l Resp<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sib<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es ves<span class=\"_ _0\"></span>t aft<span class=\"_ _0\"></span>er thr<span class=\"_ _0\"></span>ee yea<span class=\"_ _0\"></span>rs bu<span class=\"_ _0\"></span>t any opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns that ves<span class=\"_ _0\"></span>t will no<span class=\"_ _0\"></span>t bec<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le un<span class=\"_ _0\"></span>til yea<span class=\"_ _0\"></span>r </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b3\">five<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b4\">Th<span class=\"_ _0\"></span>e Sha<span class=\"_ _0\"></span>re Bo<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>s Plan (SBP) awar<span class=\"_ _0\"></span>ds co<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al sha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>, res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d shar<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, co<span class=\"_ _0\"></span>mbi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d awar<span class=\"_ _0\"></span>ds of CSO<span class=\"_ _0\"></span>P op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>res an<span class=\"_ _0\"></span>d com<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b5\">awar<span class=\"_ _0\"></span>ds of CS<span class=\"_ _0\"></span>OP op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and ni<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t opt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns. Re<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>pie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of rest<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are ent<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>bo<span class=\"_ _0\"></span>th vote and re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds<span class=\"_ _0\"></span>. Fair valu<span class=\"_ _0\"></span>e is calc<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b6\">as the mar<span class=\"_ _0\"></span>ket val<span class=\"_ _0\"></span>ue on the gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t date<span class=\"_ _0\"></span>, adju<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ted to refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t the el<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>ibi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y for divi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts. Co<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal S<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>e award<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e award<span class=\"_ _0\"></span>s to </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b7\">E<span class=\"_ _0\"></span>xec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tive Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tor<span class=\"_ _0\"></span>s, do not have voti<span class=\"_ _0\"></span>ng or div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b8\">Un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the HM<span class=\"_ _0\"></span>RC ta<span class=\"_ _0\"></span>x-<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>dva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e shar<span class=\"_ _0\"></span>e plan (E<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>P), UK emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s may elec<span class=\"_ _0\"></span>t to pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p shar<span class=\"_ _0\"></span>es fro<span class=\"_ _0\"></span>m the mar<span class=\"_ _0\"></span>ket at the pr<span class=\"_ _0\"></span>evai<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8b9\">mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t pric<span class=\"_ _0\"></span>e on a mont<span class=\"_ _0\"></span>hl<span class=\"_ _0\"></span>y basis<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p sup<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es pur<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hase<span class=\"_ _0\"></span>d by givi<span class=\"_ _0\"></span>ng em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>es on<span class=\"_ _0\"></span>e free ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g shar<span class=\"_ _0\"></span>e for ever<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8ba\">on<span class=\"_ _0\"></span>e shar<span class=\"_ _0\"></span>e pur<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d up to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e firs<span class=\"_ _0\"></span>t \u00a32<span class=\"_ _0\"></span>0 of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>\u2019 con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s and on<span class=\"_ _0\"></span>e free ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g shar<span class=\"_ _0\"></span>e for ever<span class=\"_ _0\"></span>y t<span class=\"_ _0\"></span>wo shar<span class=\"_ _0\"></span>es pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>ed wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8bb\">co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en \u00a3<span class=\"_ _0\"></span>20 and \u00a3125. The<span class=\"_ _0\"></span>re is cur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tly no mat<span class=\"_ _0\"></span>ch on co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en \u00a3125 <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d \u00a31<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>0. From tim<span class=\"_ _0\"></span>e to time<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up may make<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8bc\">an awar<span class=\"_ _0\"></span>d of <span class=\"_ _3\"></span>fre<span class=\"_ _0\"></span>e sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s. Bot<span class=\"_ _0\"></span>h the fre<span class=\"_ _0\"></span>e and matc<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ng sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s mus<span class=\"_ _0\"></span>t be hel<span class=\"_ _0\"></span>d in trus<span class=\"_ _0\"></span>t for thre<span class=\"_ _0\"></span>e year<span class=\"_ _0\"></span>s. T<span class=\"_ _0\"></span>he fair val<span class=\"_ _0\"></span>ue of award<span class=\"_ _0\"></span>ed sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s is equa<span class=\"_ _0\"></span>l to <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8bd\">mar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>t value on awar<span class=\"_ _0\"></span>d date.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8be\">Th<span class=\"_ _0\"></span>e weig<span class=\"_ _0\"></span>hte<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>Save op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns cal<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>ted by usi<span class=\"_ _0\"></span>ng the Bl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k-<span class=\"_ _0\"></span>Sc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ole<span class=\"_ _0\"></span>s mod<span class=\"_ _0\"></span>el wer<span class=\"_ _0\"></span>e 4<span class=\"_ _0\"></span>4.9p and PS<span class=\"_ _0\"></span>P awar<span class=\"_ _0\"></span>ds es<span class=\"_ _0\"></span>tim<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by using<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8bf\">Mo<span class=\"_ _0\"></span>nte Ca<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>o simu<span class=\"_ _0\"></span>lat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns were 1<span class=\"_ _3\"></span>62<span class=\"_ _0\"></span>.8<span class=\"_ _0\"></span>p.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8c0\">Th<span class=\"_ _0\"></span>e fair valu<span class=\"_ _0\"></span>es of the sha<span class=\"_ _0\"></span>re awar<span class=\"_ _0\"></span>ds mad<span class=\"_ _0\"></span>e dur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the year have bee<span class=\"_ _0\"></span>n cal<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ted us<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>e follow<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns:<span class=\"_ _3ad\"> </span></div><div class=\"gs8c1\"><table class=\"s wa4e h1c2\" id=\"_0149b149-b80d-4bd9-9411-35f2127ffe8f\"><tr><td></td><td class=\"c n x1799 y3af9 wa4f h13b\"><div class=\"t m1 x1e4 h1b y31fd ff128 fs2 fc0 sc0 lsdf wsdb\">Sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>Save<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3e0 y3af9 w2bb h13b\"><div class=\"t m1 x1e4 h1b y31fd ff128 fs2 fc0 sc0 ls132 ws12c\">PSP<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec wa50 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Awar<span class=\"_ _0\"></span>d dat<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x179a y31ec wa51 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws16\">6 April 2023<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x179b y31ec wa52 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws16\">6 April 2023<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed wa53 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e sha<span class=\"_ _0\"></span>re pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e (p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x179c y31ed w7d4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">242.0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x179d y31ed wa54 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls178 ws19c\">2<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wa55 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e (p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x179e y31ee w49e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x179f y31ee wa56 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _6\"></span>/A<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wa57 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Exp<span class=\"_ _0\"></span>ected volatility<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a0 y31ef wa58 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls7a wsa6\">33%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a1 y31ef wa59 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc8 wsd7\">3<span class=\"_ _0\"></span>1%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wa5a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>fe<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a2 y3225 wa5b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">3 \u2013 5 yea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a3 y3225 wa5c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">3 \u2013 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 wa5d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ri<span class=\"_ _0\"></span>sk fr<span class=\"_ _0\"></span>ee inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ra<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a4 y3277 wa5e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">3.<span class=\"_ _0\"></span>29<span class=\"_ _0\"></span>% \u2013 3.4<span class=\"_ _0\"></span>4%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a5 y3277 wa5f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls117 ws126\">3.49%<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa60 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">Dividend yield<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a6 y312a wa61 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls17c ws19f\">7.<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>%<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y312a wa62 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls76 ws84\">N<span class=\"_ _0\"></span>/A<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls3 ws6c gs8c3\">(ii) T<span class=\"_ _1\"></span>ot<span class=\"_ _0\"></span>al recognised expense<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8c4\">Th<span class=\"_ _0\"></span>e total re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d exp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>se rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng to shar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>base<span class=\"_ _0\"></span>d pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s in 202<span class=\"_ _0\"></span>3 was \u00a359m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>4m) befo<span class=\"_ _0\"></span>re tax<span class=\"_ _0\"></span>, all of whi<span class=\"_ _0\"></span>ch rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d to equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y set<span class=\"_ _6\"></span>tle<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8c5\">sha<span class=\"_ _0\"></span>re sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>is is bro<span class=\"_ _0\"></span>ken dow<span class=\"_ _0\"></span>n bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s plan<span class=\"_ _0\"></span>s as deta<span class=\"_ _0\"></span>ile<span class=\"_ _0\"></span>d be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs2eb\"><table class=\"s wa63 h1c3\" id=\"_ef4b900c-6174-4728-92ac-d23bb3a637b6\"><tr><td></td><td class=\"t m1 x225 h1b y3afa ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3afa ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3afb ff128 fs2 fc0 sc0 ls4 ws3\">\u00a3m </td><td class=\"t m1 x228 h11 y3afb ff12b fs2 fc0 sc0 ls4 ws3\">\u00a3m </td></tr><tr><td class=\"c n x1e5 y31ee wa64 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e bon<span class=\"_ _0\"></span>us p<span class=\"_ _0\"></span>lan (S<span class=\"_ _0\"></span>BP)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x80c y31ee w56 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x319 y31ee w30d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1d ws32\">38<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wa65 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e pla<span class=\"_ _0\"></span>n (P<span class=\"_ _0\"></span>SP)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11bf y31ef w394 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5b y31ef w414 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w9dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sha<span class=\"_ _0\"></span>re pl<span class=\"_ _0\"></span>an (E<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>P)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a7 y31cb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a8 y31cb we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa66 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sav<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on pl<span class=\"_ _0\"></span>an (Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eS<span class=\"_ _0\"></span>ave)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17a9 y31cc w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17aa y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa67 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal share-based payment expense<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1243 y312a w53 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ab y312a w153 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls17d ws137\">54<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs8c6\">(ii<span class=\"_ _0\"></span>i) O<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re o<span class=\"_ _0\"></span>pti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"gs8c7\"><table class=\"s w3d6 h1c4\" id=\"_faef707d-69fa-4052-91ae-270af375e4b4\"><tr><td></td><td></td><td class=\"t m1 xbd8 h1b y3afc ff128 fs2 fc0 sc0 ls35 ws42\">Weighted<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x654 h1b y3afd ff128 fs2 fc0 sc0 ls35 ws42\">Weighted<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x655 h1b y3afe ff128 fs2 fc0 sc0 ls35 ws42\">Weighted<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x437 h1b y3aff ff128 fs2 fc0 sc0 lsdf wsdb\">aver<span class=\"_ _0\"></span>age<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x17ac h1b y3b00 ff128 fs2 fc0 sc0 lsdf wsdb\">aver<span class=\"_ _0\"></span>age<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x459 h1b y3b01 ff128 fs2 fc0 sc0 lsdf wsdb\">aver<span class=\"_ _0\"></span>age<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x17ad h1b y3b02 ff128 fs2 fc0 sc0 lsdf wsdb\">Sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>Save<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x17ae h1b y3b03 ff128 fs2 fc0 sc0 ls12c ws81\">exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1761 h1b y3b04 ff128 fs2 fc0 sc0 ls35 ws42\">CSOP<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x673 h1b y3b05 ff128 fs2 fc0 sc0 ls12c ws81\">exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x665 h1b y3b06 ff128 fs2 fc0 sc0 ls34 ws41\">Nil-cost<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x464 h1b y3b07 ff128 fs2 fc0 sc0 ls12c ws81\">exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x13f6 h1b y3b08 ff128 fs2 fc0 sc0 ls34 ws41\">options<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3b09 ff128 fs2 fc0 sc0 ls39 ws1c\">price<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x17af h1b y3b0a ff128 fs2 fc0 sc0 ls34 ws41\">options<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3b0b ff128 fs2 fc0 sc0 ls39 ws1c\">price<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h1b y3b0c ff128 fs2 fc0 sc0 ls34 ws41\">options<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3b0d ff128 fs2 fc0 sc0 ls39 ws1c\">price<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h1b y3b0e ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h1b y3b0f ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h1b y3b10 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h1b y3b11 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h1b y3b12 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h1b y3b13 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa74 h1b y3b14 ff128 fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x657 h1b y3b15 ff128 fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x658 h1b y3b16 ff128 fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31eb wa68 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1d ws20\">Outstanding at<span class=\"_ _3\"></span> 1 January<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b0 y31eb wa69 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">23,983,860<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b1 y31eb w61 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">207</div></td><td class=\"c n x17b2 y31eb wa6a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls13 ws17\">5,51<span class=\"_ _c\"></span>3,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b3 y31eb w61 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">258</div></td><td class=\"c n x17b4 y31eb wa6b h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>5,717<span class=\"_ _c\"></span>,751<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b5 y31eb w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y35b8 wa6c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b6 y35b8 wa6d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls14 ws2d\">7<span class=\"_ _1\"></span>,7<span class=\"_ _c\"></span>40,<span class=\"_ _c\"></span>104<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b7 y35b8 w641 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _0\"></span>11<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf0e y35b8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17b8 y35b8 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n x17b9 y35b8 wa6e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls180 ws1a2\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>41<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ba y35b8 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y322d wa6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17bb y322d wa70 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">(2,6<span class=\"_ _c\"></span>13,099<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17bc y322d waf h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">2<span class=\"_ _6\"></span>11</div></td><td class=\"c n x17bd y322d wa71 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8c ws8f\">(2<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17be y322d wd2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls24 ws2a\">263</div></td><td class=\"c n x17bf y322d wa72 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1b ws58\">(3<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>6)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd2 y322d w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y33a3 wa73 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c0 y33a3 wa74 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls90 ws93\">(6,<span class=\"_ _6\"></span>32<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>,7<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c1 y33a3 w3a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _0\"></span>0</div></td><td class=\"c n x17c2 y33a3 wa75 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsbe wsce\">(<span class=\"_ _3\"></span>1,296,635)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcf2 y33a3 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">204</div></td><td class=\"c n x17c3 y33a3 wa76 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">(<span class=\"_ _0\"></span>3<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>19<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c4 y33a3 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31f6 wa77 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed du<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c5 y31f6 wa78 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">(9<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c6 y31f6 w6c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">210</div></td><td class=\"c n x17c7 y31f6 wa79 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls8f ws92\">(3<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>27<span class=\"_ _0\"></span>2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c8 y31f6 wa06 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">2<span class=\"_ _0\"></span>27</div></td><td class=\"c n x17c9 y31f6 wa7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws27\">(6,<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>48,070<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ca y31f6 w110 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb wa7b h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">Ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g at 31 D<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17cb y31cb wa7c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">21,<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,9<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17cc y31cb w241 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1c ws1f\">2<span class=\"_ _0\"></span>10</div></td><td class=\"c n x17cd y31cb wa7d h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls9e ws9f\">3,<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>95<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ce y31cb w10c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">280</div></td><td class=\"c n x17cf y31cb wa69 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">32,406,031<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17d0 y31cb w10a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa7e h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls22 ws26\">Exercisable at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17d1 y31cc w162 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsc7 wsd6\">75,9<span class=\"_ _0\"></span>57<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17d2 y31cc w6c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls1f ws22\">19<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17d3 y31cc w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17d4 y31cc w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n x17d5 y31cc wa7f h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsbe wsce\">1,088,693<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xcff y31cc w10a h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa80 h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 lsd ws3\">Wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ge r<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al l<span class=\"_ _0\"></span>ife (<span class=\"_ _0\"></span>yea<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17d6 y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x17d7 y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x17d8 y312a w8c h131\"><div class=\"t m1 x1e4 he y3063 ff128 fs6 fc0 sc0 ls4 ws3\">4<span class=\"_ _3ad\"> </span></div></td><td></td></tr></table></div><div class=\"gs8c8\"><table class=\"s wa81 h1c5\" id=\"_0cdebac5-0bbd-4b63-82c5-9d88aedac706\"><tr><td></td><td></td><td class=\"t m1 xbd8 h11 y3b17 ff12b fs2 fc0 sc0 ls115 ws8d\">Weight<span class=\"_ _3\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x405 h11 y3b18 ff12b fs2 fc0 sc0 ls115 ws8d\">Weight<span class=\"_ _3\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x655 h11 y3b19 ff12b fs2 fc0 sc0 ls115 ws8d\">Weight<span class=\"_ _3\"></span>ed<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x437 h11 y3b1a ff12b fs2 fc0 sc0 lsf5 ws103\">avera<span class=\"_ _0\"></span>ge<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1014 h11 y3b1b ff12b fs2 fc0 sc0 lsf5 ws103\">avera<span class=\"_ _0\"></span>ge<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2b5 h11 y3b1c ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td><td class=\"t m1 x459 h11 y3b1d ff12b fs2 fc0 sc0 lsf5 ws103\">avera<span class=\"_ _0\"></span>ge<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x17ad h11 y3b1e ff129 fs2 fc0 sc0 lsf5 ws103\">Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>Save<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x17ae h11 y3b1f ff129 fs2 fc0 sc0 lsdf wsdb\">exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1761 h11 y3b20 ff129 fs2 fc0 sc0 ls113 ws122\">CSOP<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x17ac h11 y3b21 ff129 fs2 fc0 sc0 lsdf wsdb\">exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x665 h11 y3b22 ff129 fs2 fc0 sc0 ls39 ws1c\">Nil-<span class=\"_ _0\"></span>cos<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x17d9 h11 y3b23 ff129 fs2 fc0 sc0 lsdf wsdb\">exer<span class=\"_ _0\"></span>cis<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x13f6 h11 y3b24 ff12b fs2 fc0 sc0 ls34 ws41\">options<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y3b25 ff129 fs2 fc0 sc0 ls132 ws12c\">price<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x17af h11 y3b26 ff12b fs2 fc0 sc0 ls34 ws41\">options<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3b27 ff129 fs2 fc0 sc0 ls132 ws12c\">price<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x991 h11 y3b28 ff12b fs2 fc0 sc0 ls34 ws41\">options<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b29 ff129 fs2 fc0 sc0 ls132 ws12c\">price<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x98d h11 y3b2a ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x407 h11 y3b2b ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3b2c ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x656 h11 y3b2d ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x225 h11 y3b2e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b2f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 xa74 h11 y3b30 ff12b fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x657 h11 y3b31 ff12b fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x658 h11 y3b32 ff12b fs2 fc0 sc0 ls4 ws3\">p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31eb wa82 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17da y31eb wa83 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">19<span class=\"_ _3\"></span>,20<span class=\"_ _0\"></span>6,594<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5d2 y31eb w5da h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">2<span class=\"_ _0\"></span>12</div></td><td class=\"c n x17db y31eb wa84 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">3,963,<span class=\"_ _3\"></span>756<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xe8d y31eb w2b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">256</div></td><td class=\"c n x17dc y31eb wa85 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">3<span class=\"_ _0\"></span>4<span class=\"_ _b\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>116<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17dd y31eb w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec wa6c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d dur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17de y31ec wa86 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">1<span class=\"_ _c\"></span>1,768,715<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17df y31ec w822 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">205</div></td><td class=\"c n x17e0 y31ec wa87 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">2<span class=\"_ _0\"></span>,71<span class=\"_ _3\"></span>9,728<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6c8 y31ec w6db h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">272</div></td><td class=\"c n x17e1 y31ec wa88 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">6<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>356<span class=\"_ _0\"></span>,25<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x839 y31ec w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed wa6f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fei<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17bb y31ed wa89 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">(3,4<span class=\"_ _3\"></span>94,8<span class=\"_ _0\"></span>33<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17e2 y31ed w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">2<span class=\"_ _0\"></span>19<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x609 y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x60a y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5a y31ed w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf5b y31ed w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 wa73 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17e3 y31c8 wa8a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls116 ws123\">(<span class=\"_ _3\"></span>2,837<span class=\"_ _c\"></span>,683<span class=\"_ _3\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc91 y31c8 w812 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">214<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57c y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x57d y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n x17e4 y31c8 w629 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">(3,21<span class=\"_ _c\"></span>0,<span class=\"_ _0\"></span>499<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17e5 y31c8 w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c wa77 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed du<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g the yea<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17c5 y324c wa8b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls22 ws27\">(658,933<span class=\"_ _c\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17e6 y324c w3a6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">2<span class=\"_ _0\"></span>11</div></td><td class=\"c n x17e7 y324c wa8c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(1<span class=\"_ _0\"></span>,16<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x6d3 y324c w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls53 ws1e\">2<span class=\"_ _0\"></span>81</div></td><td class=\"c n x17e8 y324c wa8d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">(2<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>18<span class=\"_ _6\"></span>,12<span class=\"_ _6\"></span>3)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb38 y324c w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb wa8e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng at 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17e9 y31cb wa8f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">23,<span class=\"_ _3\"></span>983,860<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1186 y31cb w23e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">207</div></td><td class=\"c n x17ea y31cb wa90 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsb3 wsbe\">5,51<span class=\"_ _3\"></span>3,503<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17eb y31cb w3c6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">258</div></td><td class=\"c n x17ec y31cb wa91 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">35<span class=\"_ _0\"></span>,717<span class=\"_ _c\"></span>,751<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x11f9 y31cb w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa92 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xer<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>isa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ed y31cc wa93 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">3<span class=\"_ _6\"></span>,15<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ee y31cc waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">2<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14f6 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xba3 y31cc w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013</div></td><td class=\"c n x17ef y31cc w102 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">8<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>7,<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf4a y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3b33 ff129 fs6 fc0 sc0 lsd ws15\">Wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d aver<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e rem<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al li<span class=\"_ _0\"></span>fe (ye<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>s)<span class=\"_ _3ad\"> </span></td><td class=\"c n x17f0 y3b34 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">3<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x17f1 y3b34 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x17f2 y3b34 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td></td></tr></table></div><div class=\"t m1 h15 ff12b fsd fc0 sc0 ls4 ws3 gs8c9\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 lsce ws119 gs704\">1. <span class=\"_ _37\"> </span><span class=\"ls4 ws3\">Wei<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d ave<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e re<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l li<span class=\"_ _0\"></span>fe fo<span class=\"_ _0\"></span>r C<span class=\"_ _0\"></span>SO<span class=\"_ _0\"></span>P o<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns h<span class=\"_ _0\"></span>ave b<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n r<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d fo<span class=\"_ _0\"></span>r 31 De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er 2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2.<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls3 ws6c gs706\">(iv)<span class=\"_ _3\"></span> T<span class=\"_ _c\"></span>otal options<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs707\">Op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns over 5<span class=\"_ _0\"></span>7<span class=\"_ _c\"></span>,<span class=\"_ _0\"></span>85<span class=\"_ _0\"></span>9,<span class=\"_ _0\"></span>28<span class=\"_ _0\"></span>4 sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are out<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tan<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>ave, C<span class=\"_ _0\"></span>SO<span class=\"_ _0\"></span>P and PS<span class=\"_ _0\"></span>P as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23 (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 65<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>21<span class=\"_ _3\"></span>5<span class=\"_ _0\"></span>,<span class=\"_ _3\"></span>1<span class=\"_ _c\"></span>14 <span class=\"_ _3\"></span>sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s). <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e opti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs708\">have a rang<span class=\"_ _0\"></span>e of exerci<span class=\"_ _0\"></span>se pr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n 0p an<span class=\"_ _0\"></span>d 295p (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: 0p and 295<span class=\"_ _0\"></span>p) <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d max<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>um re<span class=\"_ _0\"></span>mai<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ual life up to 203<span class=\"_ _0\"></span>2 (202<span class=\"_ _0\"></span>2: 20<span class=\"_ _0\"></span>32).</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-658": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls4 ws3 gs8cb\">32 S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>oyee s<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs8cc\">(i) S<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h62 ff12a fs2 fc0 sc0 ls35 ws42 gs8cd\">Authorised<span class=\"_ _3\"></span> share capital<span class=\"_ _3ad\"> </span></div><div class=\"gs8ce\"><table class=\"s wa94 h1c6\" id=\"_798662ca-bf67-412b-9ba6-6c5cb8acfdd4\"><tr><td></td><td class=\"t m1 x16ec h1b y3b35 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b36 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b37 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b37 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b38 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b38 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b39 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b39 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b3a ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y312a wa95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">At 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of 2.5<span class=\"_ _0\"></span>p eac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f4 y312a wa96 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls28 ws31\">9<span class=\"_ _c\"></span>,200,000<span class=\"_ _3\"></span>,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f5 y312a wad h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">230<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f6 y312a wa97 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls39 ws1c\">9,2<span class=\"_ _3\"></span>00,000,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f7 y312a w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsdf wsdb\">230<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h62 ff12a fs2 fc0 sc0 ls3a ws46 gs8cf\">Issued share capital, fully<span class=\"_ _3\"></span> paid<span class=\"_ _3ad\"> </span></div><div class=\"gs8d0\"><table class=\"s wa98 h1c7\" id=\"_6c67916f-f788-4b5d-8130-ffb6cb01f801\"><tr><td></td><td></td><td class=\"t m1 x540 h1b y32a2 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h1b y32a3 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h1b y32a4 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y32a5 ff128 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h1b y32a6 ff128 fs2 fc0 sc0 ls114 wsa1\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x33d h1b y32a7 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32a8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3b3b ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 wa99 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f8 y3225 wa9a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">5,973,253,5<span class=\"_ _0\"></span>00<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f9 y3225 w595 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fa y3225 w561 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls21 ws24\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fb y31e6 wa9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws15\">6,<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>4,7<span class=\"_ _0\"></span>80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fc y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31e6 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa9d h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fd y312a wa9e h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">5,9<span class=\"_ _3\"></span>79,57<span class=\"_ _3\"></span>8,28<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fe y312a w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs8d1\">Is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span></div><div class=\"gs8d2\"><table class=\"s w2d4 h1c8\" id=\"_297d9561-e712-4c3f-9618-da6c83860fef\"><tr><td></td><td></td><td class=\"t m1 x540 h11 y32a9 ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y32aa ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h11 y32ab ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y32ac ff129 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y3b3c ff12b fs2 fc0 sc0 ls39 ws1c\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a7 h11 y32ae ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y32af ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3d ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wa9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ff y31cb waa0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5,970,<span class=\"_ _0\"></span>41<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>,817<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1800 y31cb wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1801 y31cb wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1802 y31cc waa1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls116 ws123\">2,837<span class=\"_ _c\"></span>,683<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1803 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a waa2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1804 y312a waa3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,9<span class=\"_ _3\"></span>73,253,500<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1805 y312a wcb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1806 y312a w653 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8d3\">Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is one clas<span class=\"_ _0\"></span>s of ordi<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y shar<span class=\"_ _0\"></span>es of 2.5p ea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. All sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y equ<span class=\"_ _0\"></span>al voti<span class=\"_ _0\"></span>ng rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8d4\">Th<span class=\"_ _0\"></span>e hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e vote per sh<span class=\"_ _0\"></span>are at sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8d5\">me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny. </div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs8d6\">(ii<span class=\"_ _0\"></span>) Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8d7\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s the Em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee<span class=\"_ _0\"></span>s\u2019 Sha<span class=\"_ _0\"></span>re Ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t (ES<span class=\"_ _0\"></span>OT<span class=\"_ _0\"></span>) and th<span class=\"_ _0\"></span>e Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e Sha<span class=\"_ _0\"></span>re Pla<span class=\"_ _0\"></span>n (ES<span class=\"_ _0\"></span>P) to purc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e and hol<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8d8\">sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up for de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee sh<span class=\"_ _0\"></span>are pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by these veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d at cos<span class=\"_ _0\"></span>t in the </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8d9\">Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d are show<span class=\"_ _0\"></span>n as a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n from sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. They are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed as em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oyee pl<span class=\"_ _0\"></span>an sha<span class=\"_ _0\"></span>res un<span class=\"_ _0\"></span>til th<span class=\"_ _0\"></span>ey ves<span class=\"_ _0\"></span>t </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8da\">to emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>es may also be se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>ed via pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ses di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly fro<span class=\"_ _0\"></span>m the mar<span class=\"_ _0\"></span>ket or by the iss<span class=\"_ _0\"></span>ue of new sha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8db\">Th<span class=\"_ _0\"></span>e ES<span class=\"_ _0\"></span>OT has waive<span class=\"_ _0\"></span>d its votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s and its ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to some of the div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on the sha<span class=\"_ _0\"></span>res it ho<span class=\"_ _0\"></span>lds<span class=\"_ _0\"></span>. Emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s are ent<span class=\"_ _0\"></span>itl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8dc\">on the sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d on thei<span class=\"_ _0\"></span>r beh<span class=\"_ _0\"></span>alf wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in the ES<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"gs8dd\"><table class=\"s waa4 h158\" id=\"_192adc4f-5da8-447a-a022-5408f6c71d5e\"><tr><td></td><td class=\"t m1 x16ec h1b y3b3e ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b3f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b40 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b40 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b41 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b41 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b42 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b42 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b43 ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b43 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1807 y324c waa5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1808 y324c wf4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1809 y324c waa6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1152 y324c w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb waa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">Shares purchased<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180a y31cb waa8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">8,093,<span class=\"_ _c\"></span>1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180b y31cb w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180c y31cb waa9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls105 ws1d\">23,424,<span class=\"_ _c\"></span>103<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180d y31cb w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc waaa h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180e y31cc waab h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">(6,<span class=\"_ _c\"></span>721<span class=\"_ _3\"></span>,535)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180f y31cc w2c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1810 y31cc waac h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>,9<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1811 y31cc waad h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1812 y312a w576 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">6<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1813 y312a w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">147<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1814 y312a waae h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y312a w3d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-760": {
   "value": "32 S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>oyee s<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>(i) S<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span>Authorised<span class=\"_ _3\"></span> share capital<span class=\"_ _3ad\"> </span><table class=\"s wa94 h1c6\" id=\"_798662ca-bf67-412b-9ba6-6c5cb8acfdd4\"><tr><td></td><td class=\"t m1 x16ec h1b y3b35 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b36 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b37 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b37 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b38 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b38 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b39 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b39 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b3a ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y312a wa95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">At 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of 2.5<span class=\"_ _0\"></span>p eac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f4 y312a wa96 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls28 ws31\">9<span class=\"_ _c\"></span>,200,000<span class=\"_ _3\"></span>,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f5 y312a wad h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">230<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f6 y312a wa97 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls39 ws1c\">9,2<span class=\"_ _3\"></span>00,000,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f7 y312a w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsdf wsdb\">230<span class=\"_ _3ad\"> </span></div></td></tr></table>Issued share capital, fully<span class=\"_ _3\"></span> paid<span class=\"_ _3ad\"> </span><table class=\"s wa98 h1c7\" id=\"_6c67916f-f788-4b5d-8130-ffb6cb01f801\"><tr><td></td><td></td><td class=\"t m1 x540 h1b y32a2 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h1b y32a3 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h1b y32a4 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y32a5 ff128 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h1b y32a6 ff128 fs2 fc0 sc0 ls114 wsa1\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x33d h1b y32a7 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32a8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3b3b ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 wa99 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f8 y3225 wa9a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">5,973,253,5<span class=\"_ _0\"></span>00<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f9 y3225 w595 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fa y3225 w561 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls21 ws24\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fb y31e6 wa9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws15\">6,<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>4,7<span class=\"_ _0\"></span>80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fc y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31e6 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa9d h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fd y312a wa9e h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">5,9<span class=\"_ _3\"></span>79,57<span class=\"_ _3\"></span>8,28<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fe y312a w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>Is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span><table class=\"s w2d4 h1c8\" id=\"_297d9561-e712-4c3f-9618-da6c83860fef\"><tr><td></td><td></td><td class=\"t m1 x540 h11 y32a9 ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y32aa ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h11 y32ab ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y32ac ff129 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y3b3c ff12b fs2 fc0 sc0 ls39 ws1c\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a7 h11 y32ae ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y32af ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3d ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wa9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ff y31cb waa0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5,970,<span class=\"_ _0\"></span>41<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>,817<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1800 y31cb wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1801 y31cb wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1802 y31cc waa1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls116 ws123\">2,837<span class=\"_ _c\"></span>,683<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1803 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a waa2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1804 y312a waa3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,9<span class=\"_ _3\"></span>73,253,500<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1805 y312a wcb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1806 y312a w653 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is one clas<span class=\"_ _0\"></span>s of ordi<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y shar<span class=\"_ _0\"></span>es of 2.5p ea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. All sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y equ<span class=\"_ _0\"></span>al voti<span class=\"_ _0\"></span>ng rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e vote per sh<span class=\"_ _0\"></span>are at sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny. (ii<span class=\"_ _0\"></span>) Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s the Em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee<span class=\"_ _0\"></span>s\u2019 Sha<span class=\"_ _0\"></span>re Ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t (ES<span class=\"_ _0\"></span>OT<span class=\"_ _0\"></span>) and th<span class=\"_ _0\"></span>e Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e Sha<span class=\"_ _0\"></span>re Pla<span class=\"_ _0\"></span>n (ES<span class=\"_ _0\"></span>P) to purc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e and hol<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up for de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee sh<span class=\"_ _0\"></span>are pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by these veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d at cos<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d are show<span class=\"_ _0\"></span>n as a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n from sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. They are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed as em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oyee pl<span class=\"_ _0\"></span>an sha<span class=\"_ _0\"></span>res un<span class=\"_ _0\"></span>til th<span class=\"_ _0\"></span>ey ves<span class=\"_ _0\"></span>t to emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>es may also be se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>ed via pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ses di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly fro<span class=\"_ _0\"></span>m the mar<span class=\"_ _0\"></span>ket or by the iss<span class=\"_ _0\"></span>ue of new sha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ES<span class=\"_ _0\"></span>OT has waive<span class=\"_ _0\"></span>d its votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s and its ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to some of the div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on the sha<span class=\"_ _0\"></span>res it ho<span class=\"_ _0\"></span>lds<span class=\"_ _0\"></span>. Emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s are ent<span class=\"_ _0\"></span>itl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds<span class=\"_ _0\"></span> on the sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d on thei<span class=\"_ _0\"></span>r beh<span class=\"_ _0\"></span>alf wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in the ES<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s waa4 h158\" id=\"_192adc4f-5da8-447a-a022-5408f6c71d5e\"><tr><td></td><td class=\"t m1 x16ec h1b y3b3e ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b3f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b40 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b40 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b41 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b41 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b42 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b42 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b43 ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b43 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1807 y324c waa5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1808 y324c wf4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1809 y324c waa6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1152 y324c w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb waa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">Shares purchased<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180a y31cb waa8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">8,093,<span class=\"_ _c\"></span>1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180b y31cb w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180c y31cb waa9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls105 ws1d\">23,424,<span class=\"_ _c\"></span>103<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180d y31cb w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc waaa h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180e y31cc waab h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">(6,<span class=\"_ _c\"></span>721<span class=\"_ _3\"></span>,535)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180f y31cc w2c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1810 y31cc waac h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>,9<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1811 y31cc waad h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1812 y312a w576 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">6<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1813 y312a w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">147<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1814 y312a waae h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y312a w3d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-738": {
   "value": "32 S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>oyee s<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>(i) S<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span>Authorised<span class=\"_ _3\"></span> share capital<span class=\"_ _3ad\"> </span><table class=\"s wa94 h1c6\" id=\"_798662ca-bf67-412b-9ba6-6c5cb8acfdd4\"><tr><td></td><td class=\"t m1 x16ec h1b y3b35 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b36 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b37 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b37 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b38 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b38 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b39 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b39 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b3a ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y312a wa95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">At 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of 2.5<span class=\"_ _0\"></span>p eac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f4 y312a wa96 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls28 ws31\">9<span class=\"_ _c\"></span>,200,000<span class=\"_ _3\"></span>,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f5 y312a wad h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">230<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f6 y312a wa97 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls39 ws1c\">9,2<span class=\"_ _3\"></span>00,000,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f7 y312a w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsdf wsdb\">230<span class=\"_ _3ad\"> </span></div></td></tr></table>Issued share capital, fully<span class=\"_ _3\"></span> paid<span class=\"_ _3ad\"> </span><table class=\"s wa98 h1c7\" id=\"_6c67916f-f788-4b5d-8130-ffb6cb01f801\"><tr><td></td><td></td><td class=\"t m1 x540 h1b y32a2 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h1b y32a3 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h1b y32a4 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y32a5 ff128 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h1b y32a6 ff128 fs2 fc0 sc0 ls114 wsa1\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x33d h1b y32a7 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32a8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3b3b ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 wa99 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f8 y3225 wa9a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">5,973,253,5<span class=\"_ _0\"></span>00<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f9 y3225 w595 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fa y3225 w561 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls21 ws24\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fb y31e6 wa9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws15\">6,<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>4,7<span class=\"_ _0\"></span>80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fc y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31e6 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa9d h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fd y312a wa9e h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">5,9<span class=\"_ _3\"></span>79,57<span class=\"_ _3\"></span>8,28<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fe y312a w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>Is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span><table class=\"s w2d4 h1c8\" id=\"_297d9561-e712-4c3f-9618-da6c83860fef\"><tr><td></td><td></td><td class=\"t m1 x540 h11 y32a9 ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y32aa ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h11 y32ab ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y32ac ff129 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y3b3c ff12b fs2 fc0 sc0 ls39 ws1c\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a7 h11 y32ae ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y32af ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3d ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wa9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ff y31cb waa0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5,970,<span class=\"_ _0\"></span>41<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>,817<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1800 y31cb wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1801 y31cb wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1802 y31cc waa1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls116 ws123\">2,837<span class=\"_ _c\"></span>,683<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1803 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a waa2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1804 y312a waa3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,9<span class=\"_ _3\"></span>73,253,500<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1805 y312a wcb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1806 y312a w653 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is one clas<span class=\"_ _0\"></span>s of ordi<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y shar<span class=\"_ _0\"></span>es of 2.5p ea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. All sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y equ<span class=\"_ _0\"></span>al voti<span class=\"_ _0\"></span>ng rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e vote per sh<span class=\"_ _0\"></span>are at sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny. (ii<span class=\"_ _0\"></span>) Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s the Em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee<span class=\"_ _0\"></span>s\u2019 Sha<span class=\"_ _0\"></span>re Ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t (ES<span class=\"_ _0\"></span>OT<span class=\"_ _0\"></span>) and th<span class=\"_ _0\"></span>e Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e Sha<span class=\"_ _0\"></span>re Pla<span class=\"_ _0\"></span>n (ES<span class=\"_ _0\"></span>P) to purc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e and hol<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up for de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee sh<span class=\"_ _0\"></span>are pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by these veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d at cos<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d are show<span class=\"_ _0\"></span>n as a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n from sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. They are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed as em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oyee pl<span class=\"_ _0\"></span>an sha<span class=\"_ _0\"></span>res un<span class=\"_ _0\"></span>til th<span class=\"_ _0\"></span>ey ves<span class=\"_ _0\"></span>t to emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>es may also be se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>ed via pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ses di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly fro<span class=\"_ _0\"></span>m the mar<span class=\"_ _0\"></span>ket or by the iss<span class=\"_ _0\"></span>ue of new sha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ES<span class=\"_ _0\"></span>OT has waive<span class=\"_ _0\"></span>d its votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s and its ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to some of the div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on the sha<span class=\"_ _0\"></span>res it ho<span class=\"_ _0\"></span>lds<span class=\"_ _0\"></span>. Emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s are ent<span class=\"_ _0\"></span>itl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds<span class=\"_ _0\"></span> on the sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d on thei<span class=\"_ _0\"></span>r beh<span class=\"_ _0\"></span>alf wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in the ES<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s waa4 h158\" id=\"_192adc4f-5da8-447a-a022-5408f6c71d5e\"><tr><td></td><td class=\"t m1 x16ec h1b y3b3e ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b3f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b40 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b40 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b41 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b41 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b42 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b42 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b43 ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b43 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1807 y324c waa5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1808 y324c wf4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1809 y324c waa6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1152 y324c w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb waa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">Shares purchased<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180a y31cb waa8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">8,093,<span class=\"_ _c\"></span>1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180b y31cb w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180c y31cb waa9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls105 ws1d\">23,424,<span class=\"_ _c\"></span>103<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180d y31cb w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc waaa h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180e y31cc waab h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">(6,<span class=\"_ _c\"></span>721<span class=\"_ _3\"></span>,535)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180f y31cc w2c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1810 y31cc waac h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>,9<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1811 y31cc waad h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1812 y312a w576 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">6<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1813 y312a w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">147<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1814 y312a waae h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y312a w3d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-708": {
   "value": "32 S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, s<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>re p<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>miu<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>mpl<span class=\"_ _0\"></span>oyee s<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e tr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span>(i) S<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e pr<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>iu<span class=\"_ _0\"></span>m<span class=\"_ _3ad\"> </span>Authorised<span class=\"_ _3\"></span> share capital<span class=\"_ _3ad\"> </span><table class=\"s wa94 h1c6\" id=\"_798662ca-bf67-412b-9ba6-6c5cb8acfdd4\"><tr><td></td><td class=\"t m1 x16ec h1b y3b35 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b36 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b37 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b37 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b38 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b38 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b39 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b39 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b3a ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y312a wa95 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">At 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>: or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of 2.5<span class=\"_ _0\"></span>p eac<span class=\"_ _0\"></span>h<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f4 y312a wa96 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls28 ws31\">9<span class=\"_ _c\"></span>,200,000<span class=\"_ _3\"></span>,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f5 y312a wad h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">230<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f6 y312a wa97 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls39 ws1c\">9,2<span class=\"_ _3\"></span>00,000,000<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f7 y312a w5c0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsdf wsdb\">230<span class=\"_ _3ad\"> </span></div></td></tr></table>Issued share capital, fully<span class=\"_ _3\"></span> paid<span class=\"_ _3ad\"> </span><table class=\"s wa98 h1c7\" id=\"_6c67916f-f788-4b5d-8130-ffb6cb01f801\"><tr><td></td><td></td><td class=\"t m1 x540 h1b y32a2 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h1b y32a3 ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h1b y32a4 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h1b y32a5 ff128 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h1b y32a6 ff128 fs2 fc0 sc0 ls114 wsa1\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x33d h1b y32a7 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h1b y32a8 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h1b y3b3b ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3225 wa99 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f8 y3225 wa9a h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls2e ws38\">5,973,253,5<span class=\"_ _0\"></span>00<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f9 y3225 w595 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fa y3225 w561 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls21 ws24\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31e6 wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fb y31e6 wa9c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws15\">6,<span class=\"_ _0\"></span>32<span class=\"_ _0\"></span>4,7<span class=\"_ _0\"></span>80<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fc y31e6 w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb9a y31e6 w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wa9d h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 31 De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 20<span class=\"_ _0\"></span>23<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fd y312a wa9e h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1a ws2c\">5,9<span class=\"_ _3\"></span>79,57<span class=\"_ _3\"></span>8,28<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17fe y312a w6c h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5fc y312a w51 h12d\"><div class=\"t m1 x1e4 he y3048 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>Is<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ed s<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, fu<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>id<span class=\"_ _3ad\"> </span><table class=\"s w2d4 h1c8\" id=\"_297d9561-e712-4c3f-9618-da6c83860fef\"><tr><td></td><td></td><td class=\"t m1 x540 h11 y32a9 ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y32aa ff129 fs2 fc0 sc0 ls39 ws1c\">Share<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1646 h11 y32ab ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y32ac ff129 fs2 fc0 sc0 ls132 ws12c\">capital<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y3b3c ff12b fs2 fc0 sc0 ls39 ws1c\">premium<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4a7 h11 y32ae ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y32af ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b3d ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wa9f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 1 Jan<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17ff y31cb waa0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5,970,<span class=\"_ _0\"></span>41<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>,817<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1800 y31cb wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">149<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1801 y31cb wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa9b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Op<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s exer<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r sha<span class=\"_ _0\"></span>re op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1802 y31cc waa1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls116 ws123\">2,837<span class=\"_ _c\"></span>,683<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xdf6 y31cc w135 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1803 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a waa2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As at 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1804 y312a waa3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">5<span class=\"_ _0\"></span>,9<span class=\"_ _3\"></span>73,253,500<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1805 y312a wcb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1806 y312a w653 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1,<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e is one clas<span class=\"_ _0\"></span>s of ordi<span class=\"_ _0\"></span>nar<span class=\"_ _6\"></span>y shar<span class=\"_ _0\"></span>es of 2.5p ea<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>. All sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s issu<span class=\"_ _0\"></span>ed ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y equ<span class=\"_ _0\"></span>al voti<span class=\"_ _0\"></span>ng rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e hol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs of the Co<span class=\"_ _0\"></span>mpa<span class=\"_ _0\"></span>ny<span class=\"_ _0\"></span>\u2019s ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ive di<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s as <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>lar<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d are en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>on<span class=\"_ _0\"></span>e vote per sh<span class=\"_ _0\"></span>are at sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny. (ii<span class=\"_ _0\"></span>) Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e sh<span class=\"_ _0\"></span>are p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ns<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up use<span class=\"_ _0\"></span>s the Em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee<span class=\"_ _0\"></span>s\u2019 Sha<span class=\"_ _0\"></span>re Ow<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>shi<span class=\"_ _0\"></span>p T<span class=\"_ _c\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t (ES<span class=\"_ _0\"></span>OT<span class=\"_ _0\"></span>) and th<span class=\"_ _0\"></span>e Lega<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>e Sha<span class=\"_ _0\"></span>re Pla<span class=\"_ _0\"></span>n (ES<span class=\"_ _0\"></span>P) to purc<span class=\"_ _0\"></span>has<span class=\"_ _0\"></span>e and hol<span class=\"_ _0\"></span>d sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up for de<span class=\"_ _0\"></span>live<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s und<span class=\"_ _0\"></span>er var<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>us em<span class=\"_ _0\"></span>plo<span class=\"_ _0\"></span>yee sh<span class=\"_ _0\"></span>are pl<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s owne<span class=\"_ _0\"></span>d by these veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s are inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d at cos<span class=\"_ _0\"></span>t in the Co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d are show<span class=\"_ _0\"></span>n as a <span class=\"_ _3\"></span>de<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n from sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rs\u2019 e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. They are di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>los<span class=\"_ _0\"></span>ed as em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oyee pl<span class=\"_ _0\"></span>an sha<span class=\"_ _0\"></span>res un<span class=\"_ _0\"></span>til th<span class=\"_ _0\"></span>ey ves<span class=\"_ _0\"></span>t to emp<span class=\"_ _0\"></span>loye<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Sha<span class=\"_ _0\"></span>re<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d liabi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>es may also be se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>ed via pu<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ses di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ly fro<span class=\"_ _0\"></span>m the mar<span class=\"_ _0\"></span>ket or by the iss<span class=\"_ _0\"></span>ue of new sha<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e ES<span class=\"_ _0\"></span>OT has waive<span class=\"_ _0\"></span>d its votin<span class=\"_ _0\"></span>g rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s and its ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts to some of the div<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds paya<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e on the sha<span class=\"_ _0\"></span>res it ho<span class=\"_ _0\"></span>lds<span class=\"_ _0\"></span>. Emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s are ent<span class=\"_ _0\"></span>itl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nds<span class=\"_ _0\"></span> on the sh<span class=\"_ _0\"></span>are<span class=\"_ _0\"></span>s hel<span class=\"_ _0\"></span>d on thei<span class=\"_ _0\"></span>r beh<span class=\"_ _0\"></span>alf wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in the ES<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s waa4 h158\" id=\"_192adc4f-5da8-447a-a022-5408f6c71d5e\"><tr><td></td><td class=\"t m1 x16ec h1b y3b3e ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e0 h11 y3b3f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td></td></tr><tr><td></td><td class=\"t m1 x17f3 h1b y3b40 ff128 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x53f h1b y3b40 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa6c h11 y3b41 ff129 fs2 fc0 sc0 ls4 ws3\">Nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b41 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9d h1b y3b42 ff128 fs2 fc0 sc0 ls114 wsa1\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe9c h1b y3b42 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x344 h11 y3b43 ff12b fs2 fc0 sc0 ls39 ws1c\">shares<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b43 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y324c w381 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsd ws3\">As a<span class=\"_ _0\"></span>t 1 Ja<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1807 y324c waa5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls124 ws133\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _0\"></span>1<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1808 y324c wf4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1809 y324c waa6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls19 ws1a\">42<span class=\"_ _0\"></span>,70<span class=\"_ _0\"></span>0,<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1152 y324c w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb waa7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16 ws25\">Shares purchased<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180a y31cb waa8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">8,093,<span class=\"_ _c\"></span>1<span class=\"_ _c\"></span>1<span class=\"_ _3\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180b y31cb w2a3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">18<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180c y31cb waa9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls105 ws1d\">23,424,<span class=\"_ _c\"></span>103<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180d y31cb w145 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">59<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc waaa h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es ves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180e y31cc waab h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">(6,<span class=\"_ _c\"></span>721<span class=\"_ _3\"></span>,535)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x180f y31cc w2c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">(15<span class=\"_ _6\"></span>)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1810 y31cc waac h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">(5<span class=\"_ _6\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>16<span class=\"_ _6\"></span>,9<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>8)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1811 y31cc waad h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">(<span class=\"_ _0\"></span>14<span class=\"_ _0\"></span>)<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w389 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls22 ws26\">As at<span class=\"_ _3\"></span> 31<span class=\"_ _3\"></span> December<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1812 y312a w576 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">6<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>,1<span class=\"_ _0\"></span>7<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>7<span class=\"_ _6\"></span>9<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1813 y312a w595 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">147<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1814 y312a waae h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">6<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>,<span class=\"_ _b\"> </span>8<span class=\"_ _6\"></span>0<span class=\"_ _6\"></span>7,<span class=\"_ _b\"> </span>2<span class=\"_ _6\"></span>13<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x610 y312a w3d4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _6\"></span>4</div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-659": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls4 ws3 gs8df\">33 Re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>cte<span class=\"_ _0\"></span>d T<span class=\"_ _0\"></span>ier 1 c<span class=\"_ _0\"></span>onve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e no<span class=\"_ _0\"></span>tes<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e0\">On 24 Jun<span class=\"_ _0\"></span>e 202<span class=\"_ _0\"></span>0, Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; <span class=\"_ _3\"></span>Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Gro<span class=\"_ _0\"></span>up Pl<span class=\"_ _0\"></span>c issu<span class=\"_ _0\"></span>ed \u00a35<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>m of <span class=\"_ _3\"></span>5.62<span class=\"_ _0\"></span>5% pe<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l res<span class=\"_ _0\"></span>tri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted Ti<span class=\"_ _0\"></span>er 1 con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>ver<span class=\"_ _6\"></span>tib<span class=\"_ _0\"></span>le note<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s are call<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e1\">at par be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en 24 Mar<span class=\"_ _0\"></span>ch 20<span class=\"_ _0\"></span>31 and 24 Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 2031 (the Fir<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t Rese<span class=\"_ _0\"></span>t Date) incl<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ive and eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y 5 year<span class=\"_ _0\"></span>s afte<span class=\"_ _0\"></span>r the Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Rese<span class=\"_ _0\"></span>t Date<span class=\"_ _0\"></span>. If not call<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d, th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e2\">co<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>on fro<span class=\"_ _0\"></span>m 24 Se<span class=\"_ _0\"></span>pte<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 2031 will be res<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t to <span class=\"_ _3\"></span>the pr<span class=\"_ _0\"></span>evai<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng five year be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>rk gil<span class=\"_ _0\"></span>t yie<span class=\"_ _0\"></span>ld pl<span class=\"_ _0\"></span>us 5.3<span class=\"_ _0\"></span>78%<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e3\">Th<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s have <span class=\"_ _3\"></span>no fixe<span class=\"_ _0\"></span>d mat<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y da<span class=\"_ _0\"></span>te. Op<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>nal ca<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts is at the disc<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of the issu<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r and man<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>tor<span class=\"_ _6\"></span>y canc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lla<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n is </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs597\">up<span class=\"_ _0\"></span>on the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>. The Ti<span class=\"_ _0\"></span>er 1 notes ar<span class=\"_ _0\"></span>e the<span class=\"_ _0\"></span>refo<span class=\"_ _0\"></span>re tre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as equi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and co<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are re<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>y in equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e4\">wh<span class=\"_ _0\"></span>en pai<span class=\"_ _0\"></span>d. Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r cou<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n paym<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts of \u00a32<span class=\"_ _0\"></span>8m we<span class=\"_ _0\"></span>re mad<span class=\"_ _0\"></span>e (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a328<span class=\"_ _0\"></span>m). <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he note<span class=\"_ _0\"></span>s ran<span class=\"_ _0\"></span>k juni<span class=\"_ _0\"></span>or to all othe<span class=\"_ _0\"></span>r lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d seni<span class=\"_ _0\"></span>or to equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e5\">at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>rib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the pare<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t. On the oc<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n conve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n trig<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r even<span class=\"_ _0\"></span>ts th<span class=\"_ _0\"></span>e notes ar<span class=\"_ _0\"></span>e conve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ibl<span class=\"_ _0\"></span>e into or<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>y shar<span class=\"_ _0\"></span>es of the </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e6\">iss<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>r at the pre<span class=\"_ _0\"></span>vail<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g conve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n pri<span class=\"_ _0\"></span>ce.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8e7\">Th<span class=\"_ _0\"></span>e note<span class=\"_ _0\"></span>s are trea<span class=\"_ _0\"></span>ted as res<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Tie<span class=\"_ _0\"></span>r 1 <span class=\"_ _3\"></span>ow<span class=\"_ _0\"></span>n fund<span class=\"_ _0\"></span>s for Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.</div>",
   "dimensions": {
    "concept": "legalandgeneral:DisclosureOfRestrictedTier1ConvertibleNotes",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-660": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls41 ws4d gs8e4\">34 Non-controlling interests<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls15 ws14 gs8e5\">No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ntr<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>lin<span class=\"_ _0\"></span>g inter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts rep<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>nt thir<span class=\"_ _0\"></span>d <span class=\"_ _3\"></span>pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in <span class=\"_ _c\"></span>d<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nts<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g priv<span class=\"_ _0\"></span>ate equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y, whic<span class=\"_ _0\"></span>h <span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>e conso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>dat<span class=\"_ _0\"></span>ed in <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e <span class=\"_ _3\"></span>G<span class=\"_ _0\"></span>rou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>sul<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs59a\">As at 31 Dec<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>co<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>ng in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts pr<span class=\"_ _0\"></span>ima<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ly re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t thir<span class=\"_ _0\"></span>d par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y own<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hip in Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>pe Pa<span class=\"_ _0\"></span>rk Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>mi<span class=\"_ _0\"></span>xed res<span class=\"_ _0\"></span>ide<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l/<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs59b\">co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ret<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>l spac<span class=\"_ _0\"></span>e in whic<span class=\"_ _0\"></span>h the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p hold<span class=\"_ _0\"></span>s 50%<span class=\"_ _0\"></span>.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncontrollingInterestsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-661": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 lsf7 ws105 gs8ea\">35 Other liabili<span class=\"_ _0\"></span>ties<span class=\"_ _3ad\"> </span></div><div class=\"gs8eb\"><table class=\"s w2e5 h1c9\" id=\"_df9a2048-f2aa-4397-ba61-645d17eea2f0\"><tr><td></td><td></td><td class=\"t m1 x224 h11 y3b44 ff12b fs2 fc0 sc0 ls132 ws12c\">Restated </td></tr><tr><td></td><td class=\"t m1 x225 h1b y39fa ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b45 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y39fb ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b46 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ed waaf h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 lsdf wsdb\">Accrual<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9d1 y31ed w540 h12d\"><div class=\"t m1 x1e4 ha y3034 ff128 fs6 fc0 sc0 ls1d ws32\">508<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x981 y31ed w2c5 h12c\"><div class=\"t m1 x1e4 ha y3034 ff129 fs6 fc0 sc0 ls68 ws130\">517<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wab0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">Deferred <span class=\"_ _c\"></span>inc<span class=\"_ _0\"></span>ome<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1815 y31ee w387 h12f\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xd5b y31ee w6a1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls76 ws84\">14<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef w199 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lse ws28\">Othe<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1175 y31ef wdd h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1f ws22\">14<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xecf y31ef w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">232<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wab1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">T<span class=\"_ _c\"></span>otal other liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y3225 wfc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws12b\">680<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1816 y3225 w338 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls9e ws9f\">76<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wab2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1817 y31cc w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">67<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x16f5 y31cc w2e8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">70<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsd ws3\">Du<span class=\"_ _0\"></span>e af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 12 mon<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y312a w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1819 y312a w387 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">55</div></td></tr></table></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-662": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 lseb wsf9 gs8ed\">36 Related<span class=\"_ _3\"></span> par<span class=\"_ _0\"></span>ty transac<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls82 ws85 gs8ee\">(i) K<span class=\"_ _c\"></span>ey management<span class=\"_ _3\"></span> personnel transa<span class=\"_ _3\"></span>ctions and<span class=\"_ _3\"></span> compensation<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8ef\">Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e were no mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en key mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and the Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l grou<span class=\"_ _0\"></span>p of comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ies du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>. All tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f0\">be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and it<span class=\"_ _0\"></span>s key <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt are on co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial ter<span class=\"_ _0\"></span>ms wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are no more favo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>n thos<span class=\"_ _0\"></span>e availab<span class=\"_ _0\"></span>le to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s in gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f1\">Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to the pos<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pl<span class=\"_ _0\"></span>ans we<span class=\"_ _0\"></span>re \u00a31<span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (<span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3105m) for all emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f2\">At 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 and 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 ther<span class=\"_ _0\"></span>e were no loa<span class=\"_ _0\"></span>ns ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing to offic<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f3\">Th<span class=\"_ _0\"></span>e agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on for key manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g exec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ive and no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tive di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, is as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span></div><div class=\"gs8f4\"><table class=\"s w2e5 h1ca\" id=\"_4b2448ec-952c-406f-a1d9-d4517b1477d4\"><tr><td></td><td class=\"t m1 x225 h1b y3b47 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b47 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3b48 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b48 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wab4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Salaries<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181a y31cb w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181b y31cb w7df h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa49 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve awar<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181c y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws8d\">Ke<span class=\"_ _3\"></span>y management<span class=\"_ _c\"></span> personnel compensation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181d y312a w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181e y312a w7a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gs26a\">(ii<span class=\"_ _0\"></span>) Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>nd by r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs26b\">Al<span class=\"_ _0\"></span>l tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up an<span class=\"_ _0\"></span>d asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>ties du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year are on co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e no </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs26c\">mo<span class=\"_ _0\"></span>re favou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e than tho<span class=\"_ _0\"></span>se availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs280\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mater<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rela<span class=\"_ _0\"></span>ted pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gs281\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">A num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of trans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s UK de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s and Leg<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted (LG<span class=\"_ _0\"></span>AS)<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f5\">oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d duri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the su<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r of Assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (A<span class=\"_ _0\"></span>PPs) and the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>to ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, as well as a </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f6\">bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sche<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies wer<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed for in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n LGA<span class=\"_ _0\"></span>S and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8f7\">me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Fur<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils ar<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in Note 23<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gs284\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s by LGAS to the pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s were \u00a355<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a356<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs286\">Loa<span class=\"_ _0\"></span>ns and co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to relate<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s are mad<span class=\"_ _0\"></span>e in the nor<span class=\"_ _0\"></span>mal co<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se of bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up had:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gs7ef\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">Loa<span class=\"_ _0\"></span>ns ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>ties of \u00a349m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>8m), wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of \u00a37m <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a36m); and<span class=\"_ _3ad\"> </span></span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gs7f0\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>47m to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: \u00a31,<span class=\"_ _0\"></span>265<span class=\"_ _0\"></span>m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _3\"></span>108m has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n draw<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>010m).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-709": {
   "value": "36 Related<span class=\"_ _3\"></span> par<span class=\"_ _0\"></span>ty transac<span class=\"_ _0\"></span>tions<span class=\"_ _3ad\"> </span>(i) K<span class=\"_ _c\"></span>ey management<span class=\"_ _3\"></span> personnel transa<span class=\"_ _3\"></span>ctions and<span class=\"_ _3\"></span> compensation<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e were no mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en key mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and the Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l grou<span class=\"_ _0\"></span>p of comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ies du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>. All tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and it<span class=\"_ _0\"></span>s key <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt are on co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial ter<span class=\"_ _0\"></span>ms wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are no more favo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>n thos<span class=\"_ _0\"></span>e availab<span class=\"_ _0\"></span>le to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s in gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to the pos<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pl<span class=\"_ _0\"></span>ans we<span class=\"_ _0\"></span>re \u00a31<span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (<span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3105m) for all emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>At 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 and 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 ther<span class=\"_ _0\"></span>e were no loa<span class=\"_ _0\"></span>ns ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing to offic<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on for key manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g exec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ive and no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tive di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, is as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1ca\" id=\"_4b2448ec-952c-406f-a1d9-d4517b1477d4\"><tr><td></td><td class=\"t m1 x225 h1b y3b47 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b47 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3b48 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b48 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wab4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Salaries<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181a y31cb w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181b y31cb w7df h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa49 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve awar<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181c y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws8d\">Ke<span class=\"_ _3\"></span>y management<span class=\"_ _c\"></span> personnel compensation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181d y312a w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181e y312a w7a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _3ad\"> </span></div></td></tr></table>(ii<span class=\"_ _0\"></span>) Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to a<span class=\"_ _0\"></span>nd by r<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n the Gro<span class=\"_ _0\"></span>up an<span class=\"_ _0\"></span>d asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span>, joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res an<span class=\"_ _0\"></span>d othe<span class=\"_ _0\"></span>r rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>ties du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year are on co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al ter<span class=\"_ _0\"></span>ms whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e no mo<span class=\"_ _0\"></span>re favou<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e than tho<span class=\"_ _0\"></span>se availa<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s in gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g mater<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l rela<span class=\"_ _0\"></span>ted pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y tra<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">A num<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r of trans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p\u2019s UK de<span class=\"_ _0\"></span>fin<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t pe<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>on sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s and Leg<span class=\"_ _0\"></span>al an<span class=\"_ _0\"></span>d Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Soc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ted (LG<span class=\"_ _0\"></span>AS)<span class=\"_ _0\"></span> </span>oc<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d duri<span class=\"_ _0\"></span>ng th<span class=\"_ _0\"></span>e year. <span class=\"_ _3\"></span>Th<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>e incl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>e the su<span class=\"_ _0\"></span>rre<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r of Assu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es (A<span class=\"_ _0\"></span>PPs) and the<span class=\"_ _0\"></span>ir co<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>rsi<span class=\"_ _0\"></span>on in<span class=\"_ _0\"></span>to ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, as well as a bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e sche<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e T<span class=\"_ _c\"></span>ru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s, wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e exis<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g ann<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pol<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ies wer<span class=\"_ _0\"></span>e excha<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ed for in<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>vid<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l poli<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>es be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n LGA<span class=\"_ _0\"></span>S and<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>. Fur<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er de<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ils ar<span class=\"_ _0\"></span>e provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in Note 23<span class=\"_ _0\"></span>; and<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al pay<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s by LGAS to the pen<span class=\"_ _0\"></span>sio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es for ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ben<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s were \u00a355<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a356<span class=\"_ _0\"></span>m).<span class=\"_ _3ad\"> </span></span>Loa<span class=\"_ _0\"></span>ns and co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts to relate<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s are mad<span class=\"_ _0\"></span>e in the nor<span class=\"_ _0\"></span>mal co<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se of bus<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up had:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">Loa<span class=\"_ _0\"></span>ns ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng fr<span class=\"_ _0\"></span>om rel<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>ties of \u00a349m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a35<span class=\"_ _0\"></span>8m), wit<span class=\"_ _0\"></span>h a <span class=\"_ _3\"></span>fu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of \u00a37m <span class=\"_ _3\"></span>(20<span class=\"_ _0\"></span>22<span class=\"_ _0\"></span>: \u00a36m); and<span class=\"_ _3ad\"> </span></span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">T<span class=\"_ _c\"></span>ot<span class=\"_ _0\"></span>al oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>47m to <span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d par<span class=\"_ _6\"></span>tie<span class=\"_ _0\"></span>s (202<span class=\"_ _0\"></span>2: \u00a31,<span class=\"_ _0\"></span>265<span class=\"_ _0\"></span>m), of <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _3\"></span>108m has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n draw<span class=\"_ _0\"></span>n (<span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>,<span class=\"_ _0\"></span>010m).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-739": {
   "value": "(i) K<span class=\"_ _c\"></span>ey management<span class=\"_ _3\"></span> personnel transa<span class=\"_ _3\"></span>ctions and<span class=\"_ _3\"></span> compensation<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e were no mate<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ial tra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>en key mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t and the Le<span class=\"_ _0\"></span>gal &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l grou<span class=\"_ _0\"></span>p of comp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ies du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>iod<span class=\"_ _0\"></span>. All tr<span class=\"_ _0\"></span>ans<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span> be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and it<span class=\"_ _0\"></span>s key <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt are on co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ial ter<span class=\"_ _0\"></span>ms wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h are no more favo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le tha<span class=\"_ _0\"></span>n thos<span class=\"_ _0\"></span>e availab<span class=\"_ _0\"></span>le to emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s in gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al.<span class=\"_ _0\"></span> Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons to the pos<span class=\"_ _0\"></span>t-<span class=\"_ _6\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oy<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt de<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d ben<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>fit pl<span class=\"_ _0\"></span>ans we<span class=\"_ _0\"></span>re \u00a31<span class=\"_ _3\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m (<span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2: \u00a3105m) for all emp<span class=\"_ _0\"></span>loy<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s.<span class=\"_ _3ad\"> </span>At 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 and 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>2 ther<span class=\"_ _0\"></span>e were no loa<span class=\"_ _0\"></span>ns ou<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ing to offic<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s of the Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny.<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e agg<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>gat<span class=\"_ _0\"></span>e com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on for key manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>son<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>din<span class=\"_ _0\"></span>g exec<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>ive and no<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>exec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>tive di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>cto<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s, is as follow<span class=\"_ _0\"></span>s:<span class=\"_ _3ad\"> </span><table class=\"s w2e5 h1ca\" id=\"_4b2448ec-952c-406f-a1d9-d4517b1477d4\"><tr><td></td><td class=\"t m1 x225 h1b y3b47 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3b47 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x227 h1b y3b48 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3b48 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31cb wab4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Salaries<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181a y31cb w11b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181b y31cb w7df h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">11<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wa49 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>bas<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve awar<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1818 y31cc w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181c y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wab5 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2b ws8d\">Ke<span class=\"_ _3\"></span>y management<span class=\"_ _c\"></span> personnel compensation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181d y312a w58a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">20<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181e y312a w7a9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _3ad\"> </span></div></td></tr></table>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-663": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls41 ws4d gs8f9\">37 Contingent l<span class=\"_ _3\"></span>iabilities,<span class=\"_ _3\"></span> guarantees and indemnities<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8fa\">Prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion for th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s is base<span class=\"_ _0\"></span>d on cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n act<span class=\"_ _0\"></span>ual ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8fb\">fro<span class=\"_ _0\"></span>m that ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d may resul<span class=\"_ _0\"></span>t in tho<span class=\"_ _0\"></span>se liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s made for th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es may also ar<span class=\"_ _0\"></span>ise in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of claim<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8fc\">to the inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, or the cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es in whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s have ente<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>. The ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of the<span class=\"_ _0\"></span>se liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es is </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8fd\">infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns and re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of the PR<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>, FCA<span class=\"_ _6\"></span>, ombu<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n ruli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, indu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8fe\">an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs8ff\">Vario<span class=\"_ _0\"></span>us Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve clai<span class=\"_ _0\"></span>ms and be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e invol<span class=\"_ _0\"></span>ved in ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al or thre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on and re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m time to time<span class=\"_ _0\"></span>. The rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs900\">me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs of the Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t they make pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on as and wh<span class=\"_ _0\"></span>en ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s call<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g for suc<span class=\"_ _0\"></span>h prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d that eac<span class=\"_ _0\"></span>h </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs901\">has ade<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uate ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l and rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s to mee<span class=\"_ _0\"></span>t reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y fores<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le even<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s made ar<span class=\"_ _0\"></span>e regu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y revie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d. It is not pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs902\">pre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y, the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt and th<span class=\"_ _0\"></span>e timi<span class=\"_ _0\"></span>ng of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e clai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, liti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs903\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have given war<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ties<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es as a <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es or in rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs904\">ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s or cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sals<span class=\"_ _0\"></span>. Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc has prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs905\">of Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es in sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>ir bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s act<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>y Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d has provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs906\">exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse ris<span class=\"_ _0\"></span>k agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, a dee<span class=\"_ _0\"></span>d of supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t and a cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es to facil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs907\">Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t reor<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt to Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h13 ff128 fsa fc5 sc0 ls80 ws16 gs908\">38 Commitments<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls92 wsa1 gs909\">(i) Capi<span class=\"_ _3\"></span>tal commitments<span class=\"_ _3ad\"> </span></div><div class=\"gs90a\"><table class=\"s wab6 h1cb\" id=\"_0c84ab08-d1a6-4715-92a6-22c88f6fb746\"><tr><td></td><td class=\"t m1 x1e0 h1b y3b49 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b49 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3b4a ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b4a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3b4b ff129 fs6 fc0 sc0 lsd ws15\">Au<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s not pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d for in re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x4aa y312a wab7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181f y312a w880 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1820 y312a w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14a ws26\">640<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls5d ws68 gs90b\">(ii) Lea<span class=\"_ _3\"></span>se commitment receiv<span class=\"_ _3\"></span>able \u2013 p<span class=\"_ _3\"></span>ayments to<span class=\"_ _3\"></span> be received<span class=\"_ _3\"></span> under operating leases<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs90c\">Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>or, the fut<span class=\"_ _0\"></span>ure un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m leas<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gs90d\"><table class=\"s wab8 h1b1\" id=\"_2980246b-3351-4a46-8793-557c4b7113d4\"><tr><td></td><td class=\"t m1 x1e0 h1b y3b4c ff128 fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b4d ff12b fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x539 h1b y3b4e ff128 fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y3b4f ff12b fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9b h1b y3b50 ff128 fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe74 h11 y3b51 ff129 fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3b52 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b53 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3b54 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b55 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f9 y31ec wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">418<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ee y31ec w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">392<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1821 y31ed w8c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls167 ws18c\">401<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1822 y31ed wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1823 y31c8 wab9 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc7 wsd6\">3<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ec y31c8 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1824 y324c w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">366<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y324c w38a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls117 ws126\">3<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1824 y31cb waba h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1825 y31cb w7ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls14 ws2d\">334<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1826 y31cc w715 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">4,4<span class=\"_ _0\"></span>59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1827 y31cc w816 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>110<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wabb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws1c\">T<span class=\"_ _c\"></span>otal lease commitment receivable<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf27 y312a wabc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">6,379<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb07 y312a wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs3ca\">Lea<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>mmi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s payabl<span class=\"_ _0\"></span>e are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of the leas<span class=\"_ _0\"></span>es dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure in No<span class=\"_ _0\"></span>te 25.</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-740": {
   "value": "37 Contingent l<span class=\"_ _3\"></span>iabilities,<span class=\"_ _3\"></span> guarantees and indemnities<span class=\"_ _3ad\"> </span>Prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion for th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s aris<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g und<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts wit<span class=\"_ _0\"></span>h poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s is base<span class=\"_ _0\"></span>d on cer<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>n assu<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>. The var<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n act<span class=\"_ _0\"></span>ual ex<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span> fro<span class=\"_ _0\"></span>m that ass<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d may resul<span class=\"_ _0\"></span>t in tho<span class=\"_ _0\"></span>se liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es dif<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m the prov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s made for th<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>. Liab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es may also ar<span class=\"_ _0\"></span>ise in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of claim<span class=\"_ _0\"></span>s rela<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> to the inte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>pre<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on of poli<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, or the cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>es in whi<span class=\"_ _0\"></span>ch po<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s have ente<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d into the<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>. The ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt of the<span class=\"_ _0\"></span>se liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es is infl<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>d by a <span class=\"_ _3\"></span>nu<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ing th<span class=\"_ _0\"></span>e act<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns and re<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts of the PR<span class=\"_ _0\"></span>A<span class=\"_ _6\"></span>, FCA<span class=\"_ _6\"></span>, ombu<span class=\"_ _0\"></span>ds<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n ruli<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, indu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nsa<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n sch<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> an<span class=\"_ _0\"></span>d cou<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t jud<span class=\"_ _0\"></span>gm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> Vario<span class=\"_ _0\"></span>us Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ve clai<span class=\"_ _0\"></span>ms and be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e invol<span class=\"_ _0\"></span>ved in ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al or thre<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>d lit<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on and re<span class=\"_ _0\"></span>gu<span class=\"_ _0\"></span>lato<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y is<span class=\"_ _0\"></span>sue<span class=\"_ _0\"></span>s fro<span class=\"_ _0\"></span>m time to time<span class=\"_ _0\"></span>. The rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> me<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs of the Gro<span class=\"_ _0\"></span>up en<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re tha<span class=\"_ _0\"></span>t they make pr<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on as and wh<span class=\"_ _0\"></span>en ci<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s call<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g for suc<span class=\"_ _0\"></span>h prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on be<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>me cl<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>an<span class=\"_ _0\"></span>d that eac<span class=\"_ _0\"></span>h has ade<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>uate ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l and rese<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>s to mee<span class=\"_ _0\"></span>t reaso<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>y fores<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le even<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Th<span class=\"_ _0\"></span>e prov<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s made ar<span class=\"_ _0\"></span>e regu<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>y revie<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>d. It is not pos<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e to pre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, with ce<span class=\"_ _0\"></span>r<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>y, the ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nt and th<span class=\"_ _0\"></span>e timi<span class=\"_ _0\"></span>ng of the fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial im<span class=\"_ _0\"></span>pac<span class=\"_ _0\"></span>t of thes<span class=\"_ _0\"></span>e clai<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>, liti<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n or issu<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p com<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s have given war<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ties<span class=\"_ _0\"></span>, in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es as a <span class=\"_ _3\"></span>no<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>al par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r busi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss an<span class=\"_ _0\"></span>d ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es or in rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on to ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>tal ma<span class=\"_ _0\"></span>rke<span class=\"_ _0\"></span>t tran<span class=\"_ _0\"></span>sac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ion<span class=\"_ _0\"></span>s or cor<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te dis<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sals<span class=\"_ _0\"></span>. Leg<span class=\"_ _0\"></span>al &amp; Gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Plc has prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed in<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>mn<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es an<span class=\"_ _0\"></span>d guar<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es in res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es in sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t of the<span class=\"_ _0\"></span>ir bus<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s act<span class=\"_ _0\"></span>ivi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es. Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l and Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Assu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e So<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>et<span class=\"_ _6\"></span>y Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d has provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d ind<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, a <span class=\"_ _3\"></span>li<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y and<span class=\"_ _0\"></span> exp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nse ris<span class=\"_ _0\"></span>k agr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t, a dee<span class=\"_ _0\"></span>d of supp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t and a cash an<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y faci<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y in resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of the lia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es of Gro<span class=\"_ _0\"></span>up co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es to facil<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ate th<span class=\"_ _0\"></span>e Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>ma<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g adju<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t reor<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on pu<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>nt to Sol<span class=\"_ _0\"></span>ven<span class=\"_ _0\"></span>cy II<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-741": {
   "value": "38 Commitments<span class=\"_ _3ad\"> </span>(i) Capi<span class=\"_ _3\"></span>tal commitments<span class=\"_ _3ad\"> </span><table class=\"s wab6 h1cb\" id=\"_0c84ab08-d1a6-4715-92a6-22c88f6fb746\"><tr><td></td><td class=\"t m1 x1e0 h1b y3b49 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b49 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3b4a ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b4a ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec ha y3b4b ff129 fs6 fc0 sc0 lsd ws15\">Au<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed an<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s not pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d for in re<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t of inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, pay<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x4aa y312a wab7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">\u2013 Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rm bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181f y312a w880 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls7a wsa6\">720<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1820 y312a w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14a ws26\">640<span class=\"_ _3ad\"> </span></div></td></tr></table>(ii) Lea<span class=\"_ _3\"></span>se commitment receiv<span class=\"_ _3\"></span>able \u2013 p<span class=\"_ _3\"></span>ayments to<span class=\"_ _3\"></span> be received<span class=\"_ _3\"></span> under operating leases<span class=\"_ _3ad\"> </span>Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up is a less<span class=\"_ _0\"></span>or, the fut<span class=\"_ _0\"></span>ure un<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nte<span class=\"_ _0\"></span>d mini<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>m leas<span class=\"_ _0\"></span>e paym<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng lea<span class=\"_ _0\"></span>se arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts are di<span class=\"_ _0\"></span>scl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s wab8 h1b1\" id=\"_2980246b-3351-4a46-8793-557c4b7113d4\"><tr><td></td><td class=\"t m1 x1e0 h1b y3b4c ff128 fs2 fc0 sc0 ls114 wsa1\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b4d ff12b fs2 fc0 sc0 lsa5 wsac\">To<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>l<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x539 h1b y3b4e ff128 fs2 fc0 sc0 ls132 ws12c\">future<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1fc h11 y3b4f ff12b fs2 fc0 sc0 ls39 ws1c\">future<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 xe9b h1b y3b50 ff128 fs2 fc0 sc0 ls14b ws167\">paym<span class=\"_ _0\"></span>ent<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe74 h11 y3b51 ff129 fs2 fc0 sc0 ls112 ws11a\">payment<span class=\"_ _3\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3b52 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b53 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3b54 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b55 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y31ec w51f h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Wi<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>in 1 year<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x17f9 y31ec wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">418<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ee y31ec w6d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">392<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed w521 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">1-2 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1821 y31ed w8c2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls167 ws18c\">401<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1822 y31ed wca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">3<span class=\"_ _0\"></span>74<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31c8 w522 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">2-<span class=\"_ _0\"></span>3 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1823 y31c8 wab9 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc7 wsd6\">3<span class=\"_ _0\"></span>81<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4ec y31c8 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">360<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">3<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1824 y324c w75 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">366<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x4d6 y324c w38a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls117 ws126\">3<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w523 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 yea<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1824 y31cb waba h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsbe wsce\">35<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1825 y31cb w7ed h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls14 ws2d\">334<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc w525 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Af<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r 5 year<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1826 y31cc w715 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">4,4<span class=\"_ _0\"></span>59<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1827 y31cc w816 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls139 ws14f\">4<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>110<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wabb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws1c\">T<span class=\"_ _c\"></span>otal lease commitment receivable<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xf27 y312a wabc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2d ws37\">6,379<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb07 y312a wb8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">5<span class=\"_ _6\"></span>,<span class=\"_ _0\"></span>9<span class=\"_ _0\"></span>17<span class=\"_ _3ad\"> </span></div></td></tr></table>Lea<span class=\"_ _0\"></span>se co<span class=\"_ _0\"></span>mmi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s payabl<span class=\"_ _0\"></span>e are dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ose<span class=\"_ _0\"></span>d as par<span class=\"_ _0\"></span>t of the leas<span class=\"_ _0\"></span>es dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure in No<span class=\"_ _0\"></span>te 25.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-664": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 lseb wsf9 gs90f\">39 Associates<span class=\"_ _3\"></span> and joint ventures<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs910\">Su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is shown be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w:<span class=\"_ _3ad\"> </span></div><div class=\"gs911\"><table class=\"s wabd h1cc\" id=\"_b96d713a-8901-47f0-b8ed-eab923f38689\"><tr><td></td><td></td><td class=\"t m1 x242 h1b y3b56 ff128 fs2 fc0 sc0 ls35 ws42\">Joint<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e1 h11 y3b57 ff129 fs2 fc0 sc0 ls3a ws46\">Joint<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x16ec h1b y3b58 ff128 fs2 fc0 sc0 ls114 wsa1\">Associates<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h1b y3b59 ff128 fs2 fc0 sc0 ls114 wsa1\">ventures<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y3b5a ff129 fs2 fc0 sc0 ls34 ws41\">Associates<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe72 h11 y3b5b ff12b fs2 fc0 sc0 ls39 ws1c\">ventures<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3b5c ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3b5d ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3b5e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b5f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3b60 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3b61 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3b62 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b63 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 wabe h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls16 ws16\">Curren<span class=\"_ _0\"></span>t assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1828 y32d0 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1829 y32d0 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">486<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1397 y32d0 wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y32d0 w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">486<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182a y325a we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182b y325a w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">403<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182c y325a w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">112<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182d y325a wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b wabf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Curre<span class=\"_ _0\"></span>nt liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182e y325b w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">2<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182f y325b w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1830 y325b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y325b waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c wac0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>curre<span class=\"_ _0\"></span>nt liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1831 y325c w21a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">867<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1832 y325c w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1833 y325c w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">113<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1834 y325c w5b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>97<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wac1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">(L<span class=\"_ _0\"></span>oss)/p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns \u2013 total<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1835 y31ef w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1836 y31ef w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(88)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1837 y31ef w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1838 y31ef w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wac2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">(L<span class=\"_ _0\"></span>oss)/p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns \u2013 Gro<span class=\"_ _0\"></span>up\u2019s sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1839 y3225 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183a y3225 w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183b y3225 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183c y3225 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 wac3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e \u2013 total<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y3277 w87d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183d y3277 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(88)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183e y3277 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y3277 w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wac4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e \u2013 Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183f y312a w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ab y312a w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1840 y312a w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1841 y312a w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs59a\">Th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es have no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has no com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs59b\">fu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng to asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n the on<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in Note 38<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs913\">Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total valu<span class=\"_ _0\"></span>e of Inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for usi<span class=\"_ _0\"></span>ng the e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs7ef\">Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed to \u00a36<span class=\"_ _c\"></span>16m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a355<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m), refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, as well as the Grou<span class=\"_ _0\"></span>p\u2019s shar<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs7f0\">los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div>(ii) Ass<span class=\"_ _3\"></span>ociates and<span class=\"_ _3\"></span> Joint V<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>ntures<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch have be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _3ad\"> </span> an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for usin<span class=\"_ _0\"></span>g the equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y meth<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. The gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts of these c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s are in par<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> by bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se to the Gro<span class=\"_ _0\"></span>up.<span class=\"_ _3ad\"> </span>Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span>incorporation<span class=\"_ _3ad\"> </span>Accounting<span class=\"_ _3ad\"> </span>treatment<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span>type<span class=\"_ _3ad\"> </span>Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>reporting<span class=\"_ _3ad\"> </span>date<span class=\"_ _3ad\"> </span>Share<span class=\"_ _3ad\"> </span>class<span class=\"_ _3ad\"> </span>% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>shares held<span class=\"_ _3ad\"> </span>by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oad (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted P<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 1 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 2 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 HR G<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _59\"> </span>J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Am<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Mea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ws Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013A<span class=\"_ _0\"></span>u<span class=\"_ _6\"></span>g<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in He<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>th Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wor<span class=\"_ _6\"></span>th Hi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>s Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">0<span class=\"_ _6\"></span>1\u2013S<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>4,5<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"ls18f ws1ae\">Joi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _95\"> </span><span class=\"ff12b lsdf wsdb\">U<span class=\"_ _0\"></span>nits<span class=\"_ _79\"> </span></span><span class=\"ls74 wsea\">5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>iTec<span class=\"_ _0\"></span>h Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _37c\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">42<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></span></span></span></span>CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Ev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s Res<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _1c3\"> </span><span class=\"ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Co<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ca L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>8<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _25\"> </span><span class=\"ls154 ws174\">7.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>El<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>swe<span class=\"_ _0\"></span>ll M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _79\"> </span></span><span class=\"ls120 ws15a\">35.4<span class=\"_ _3ad\"> </span></span></span></span></span>Gi<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Le<span class=\"_ _0\"></span>a Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Al<span class=\"_ _0\"></span>ne P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al P<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>9<span class=\"_ _3ad\"> </span>Australia<span class=\"_ _16c\"> </span><span class=\"ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _c5\"> </span><span class=\"lsd9 ws1af\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></span></span></span></span></span>ID<span class=\"_ _0\"></span>LG GP<span class=\"_ _3ad\"> </span>10<span class=\"_ _3ad\"> </span>Singapore<span class=\"_ _b6\"> </span><span class=\"lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _3\"></span> <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">35.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>A GP<span class=\"_ _3ad\"> </span>11<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">40.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span>12<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls47 ws52\">18<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ka<span class=\"_ _0\"></span>o Dat<span class=\"_ _0\"></span>a Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">30.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ke<span class=\"_ _0\"></span>nsa G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>14<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls154 ws174\">3<span class=\"_ _6\"></span>7.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></span></span></span></span></span>Le<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Ga<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ns M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>LGH<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>IV<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>D JV L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ff12b ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _cf\"> </span></span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Mi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span><table class=\"s wcb4 h1d8\" id=\"_1a0f56c3-f991-41fa-9ba7-11a926caa132\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x673 h1b y3dda ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1842 h1b y3ddb ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h62 y3ddc ff12a fs2 fc0 sc0 ls4 ws3\">Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddc ff12a fs2 fc0 sc0 ls114 wsa1\">Accounting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddc ff12a fs2 fc0 sc0 ls172 ws18f\">Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y3ddd ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3ddd ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3dde ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3ddf ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2be h62 y3ddf ff12a fs2 fc0 sc0 ls114 wsa1\">incorporation<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddf ff12a fs2 fc0 sc0 ls3a ws46\">treatment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddf ff12a fs2 fc0 sc0 ls132 ws12c\">type<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3de0 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3de0 ff128 fs2 fc0 sc0 ls35 ws42\">class<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3de1 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y3de2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Mo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>Hu<span class=\"_ _0\"></span>b Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc5 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc5 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc5 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc5 wcb8 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls66 ws71\">28\u2013Fe<span class=\"_ _0\"></span>b<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a44 y3cc5 wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a45 y3cc5 w3ae h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1a9 ws1c9\">12<span class=\"_ _6\"></span>.6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ne<span class=\"_ _0\"></span>wc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc6 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc6 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc6 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a46 y3cc6 wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a47 y3cc6 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a48 y3cc6 w9aa h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls8b ws8a\">33.<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de4 ff129 fs2 fc0 sc0 ls18f ws1ae\">NT<span class=\"_ _0\"></span>R Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc7 wcb9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3cc7 wcba h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4a y3cc7 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4b y3cc7 wae4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4c y3cc7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4d y3cc7 waf7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de5 ff129 fs2 fc0 sc0 ls18f ws1ae\">On<span class=\"_ _0\"></span>to Ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc8 wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc8 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc8 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4e y3cc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3cf y3cc8 wf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d Uni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc9 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc9 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cc9 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cc9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cc9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cc9 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pe<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cca w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3cca wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3cca wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a55 y3cca waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a56 y3cca waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a57 y3cca wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">4<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sa<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccb w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3ccb wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3ccb wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a58 y3ccb waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a59 y3ccb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5a y3ccb w38c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">5<span class=\"_ _0\"></span>3.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (A<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccc wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccc wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccc wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccc wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccc wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dea ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>pa) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccd wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccd wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccd wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccd wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3deb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oad<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e He<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cce wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cce wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cce wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cce wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cce waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5b y3cce wc19 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dec ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ca<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccf wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccf wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccf wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccf wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccf waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccf wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ded ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd0 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd0 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd0 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd0 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dee ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd1 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd1 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd1 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd1 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd1 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd1 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3def ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd2 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd2 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd2 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd2 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df0 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd3 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd3 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd3 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd3 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df1 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd4 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd4 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd4 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd4 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd5 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd5 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd5 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd5 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c19 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c19 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c19 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c19 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c19 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c19 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df4 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Le<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd6 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd6 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd6 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd6 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd7 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd7 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd7 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd7 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>l He<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd8 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd8 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd8 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>an) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (K<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>le) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cda wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cda wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cda wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cda wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cda waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cda wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Fa<span class=\"_ _0\"></span>rm) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c97 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c97 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c97 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c97 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c97 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c97 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfa ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c99 w758 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3c99 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5c y3c99 wcbe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5d y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5e y3c99 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5f y3c99 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9b wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9b wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9b wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9b wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfc ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdb wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdb wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdb wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdb wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfd ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>mf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9f wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9f wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9f wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9f wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfe ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-Th<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca1 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca1 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca1 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca1 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dff ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tatt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca2 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca2 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e00 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tunb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e Wel<span class=\"_ _0\"></span>ls) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca3 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca3 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca3 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca3 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e01 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tur<span class=\"_ _0\"></span>vey) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdc wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdc wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdc wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdc wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e02 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wal<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rn) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be8 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be8 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be8 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be8 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e03 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ck G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e04 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bea wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bea wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bea wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bea wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e05 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3beb wcb9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3beb wcbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a60 y3beb wcc0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a61 y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a62 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a63 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e06 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>65 F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdd wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdd wcb6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cdd wcb7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a64 y3cdd wcc1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a65 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a66 y3cdd w15d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls30 ws3b\">4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>.7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e07 ff129 fs2 fc0 sc0 ls103 ws110\">SOJV LLP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bed wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bed wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bed wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bed wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e08 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll Ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e Vil<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ge L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bee wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bee wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bee wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bee wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bee waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bee wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e09 ff129 fs2 fc0 sc0 ls18f ws1ae\">War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba0 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ba0 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ba0 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ba0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ba0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ba0 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e0a ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba2 wcc2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a67 y3ba2 wcc3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a68 y3ba2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a69 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6a y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6b y3ba2 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr></table>15<span class=\"_ _3ad\"> </span>16<span class=\"_ _3ad\"> </span>17<span class=\"_ _3ad\"> </span>18<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>20<span class=\"_ _3ad\"> </span>21<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>22<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>24<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>1. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: O<span class=\"_ _0\"></span>ne C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>R 5A<span class=\"_ _6\"></span>A<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 11-<span class=\"_ _3\"></span>15 Sea<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E4 0<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t 3 Ed<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>lto<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, La<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>e, E<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wal<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, No<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>G12 4<span class=\"_ _0\"></span>JL<span class=\"_ _3ad\"> </span>4. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 47 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>1 0B<span class=\"_ _0\"></span>D<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t is c<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as a J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p do<span class=\"_ _0\"></span>es n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>6. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, M2 6<span class=\"_ _0\"></span>LW<span class=\"_ _3ad\"> </span>7<span class=\"_ _c\"></span>. <span class=\"_ _2b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Jo<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ne H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 5<span class=\"_ _0\"></span>2-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4 R<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n, A<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>10 1<span class=\"_ _3\"></span>H<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>8. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bi<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ta I<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s, H<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nx<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e, C<span class=\"_ _0\"></span>B10 1DR<span class=\"_ _3ad\"> </span>9. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 12/1 N<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Ea<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t Me<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ne V<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C 3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span>10. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 8 Ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>na V<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ew, A<span class=\"_ _0\"></span>sia S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re Towe<span class=\"_ _0\"></span>r 1 Si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span>1<span class=\"_ _3\"></span>1. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 3 O<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>W1H 0<span class=\"_ _0\"></span>BF<span class=\"_ _3ad\"> </span>12. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t 80<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>h H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, Pi<span class=\"_ _0\"></span>ne S<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d, E<span class=\"_ _0\"></span>C1R 0<span class=\"_ _0\"></span>JH<span class=\"_ _3ad\"> </span>13. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ka<span class=\"_ _0\"></span>o Da<span class=\"_ _0\"></span>ta C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Roa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ow, U<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, CM<span class=\"_ _0\"></span>17 9NA 14. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t, C<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, Trur<span class=\"_ _0\"></span>o, C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nw<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l, T<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>4 8R<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span>15. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: C/O R<span class=\"_ _0\"></span>oxb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h Mi<span class=\"_ _0\"></span>lk<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed M<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>, Wap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>1 4R<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span>16. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Ki<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g\u2019s G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on Tyne<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, NE<span class=\"_ _0\"></span>1 7R<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span>17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>ton H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l D<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>, Sa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dy<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>, D18 Y2<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>8 18. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ai<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>a Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Wed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ck L<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>, Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>V3<span class=\"_ _0\"></span>4 5<span class=\"_ _0\"></span>YA<span class=\"_ _3ad\"> </span>19. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y O<span class=\"_ _0\"></span>ffi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Wel<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, OX1 2<span class=\"_ _0\"></span>JD 20. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>4 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>4 9WG<span class=\"_ _3ad\"> </span>21. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 35<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>r, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>2 3<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>22<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 3r<span class=\"_ _0\"></span>d Fl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r, On<span class=\"_ _0\"></span>e T<span class=\"_ _0\"></span>he E<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E2 3<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>A 23<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1-2 V<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, 4 D0<span class=\"_ _0\"></span>4 X<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1 Qu<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n C<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W6 9Y<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span>25<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1a Can<span class=\"_ _0\"></span>al V<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w, Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Wes<span class=\"_ _0\"></span>t L<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EH<span class=\"_ _0\"></span>52 6<span class=\"_ _0\"></span>FE",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-742": {
   "value": "39 Associates<span class=\"_ _3\"></span> and joint ventures<span class=\"_ _3ad\"> </span>Su<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l infor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n for asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es acc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ted for un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r the eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y met<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d is shown be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w:<span class=\"_ _3ad\"> </span><table class=\"s wabd h1cc\" id=\"_b96d713a-8901-47f0-b8ed-eab923f38689\"><tr><td></td><td></td><td class=\"t m1 x242 h1b y3b56 ff128 fs2 fc0 sc0 ls35 ws42\">Joint<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1e1 h11 y3b57 ff129 fs2 fc0 sc0 ls3a ws46\">Joint<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x16ec h1b y3b58 ff128 fs2 fc0 sc0 ls114 wsa1\">Associates<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6a3 h1b y3b59 ff128 fs2 fc0 sc0 ls114 wsa1\">ventures<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xa65 h11 y3b5a ff129 fs2 fc0 sc0 ls34 ws41\">Associates<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xe72 h11 y3b5b ff12b fs2 fc0 sc0 ls39 ws1c\">ventures<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4f9 h1b y3b5c ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x242 h1b y3b5d ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e0 h11 y3b5e ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3b5f ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x4fa h1b y3b60 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x243 h1b y3b61 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e2 h11 y3b62 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3b63 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32d0 wabe h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls16 ws16\">Curren<span class=\"_ _0\"></span>t assets<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1828 y32d0 w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1829 y32d0 we7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">486<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1397 y32d0 wc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls13 ws17\">32<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x5ad y32d0 w25b h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls13 ws17\">486<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325a w4c8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">No<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rr<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182a y325a we2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,<span class=\"_ _0\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182b y325a w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">403<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182c y325a w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">112<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182d y325a wce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">1<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>12<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325b wabf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Curre<span class=\"_ _0\"></span>nt liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182e y325b w274 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">2<span class=\"_ _0\"></span>16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x182f y325b w15d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">13<span class=\"_ _6\"></span>3<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1830 y325b w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4 ws3\">6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xb27 y325b waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls68 ws130\">17<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y325c wac0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">Non<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>curre<span class=\"_ _0\"></span>nt liabilities<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1831 y325c w21a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls29 ws33\">867<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1832 y325c w38b h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1833 y325c w161 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls139 ws14f\">113<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1834 y325c w5b9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">5<span class=\"_ _0\"></span>97<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wac1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">(L<span class=\"_ _0\"></span>oss)/p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns \u2013 total<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1835 y31ef w20f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1836 y31ef w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(88)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1837 y31ef w14d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(20)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1838 y31ef w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wac2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">(L<span class=\"_ _0\"></span>oss)/p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>t fro<span class=\"_ _0\"></span>m con<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>nu<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns \u2013 Gro<span class=\"_ _0\"></span>up\u2019s sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1839 y3225 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183a y3225 w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183b y3225 w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183c y3225 w5dc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3277 wac3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e \u2013 total<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1595 y3277 w87d h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">(<span class=\"_ _0\"></span>76)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183d y3277 w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(88)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183e y3277 w2be h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls26 ws2e\">(2<span class=\"_ _0\"></span>0)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x107a y3277 w18a h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">99<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wac4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">T<span class=\"_ _c\"></span>o<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>siv<span class=\"_ _0\"></span>e inc<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e \u2013 Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>s<span class=\"_ _0\"></span>har<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x183f y312a w9e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse2 wsec\">(28)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15ab y312a w91 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls129 ws13a\">(3<span class=\"_ _0\"></span>4)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1840 y312a w17b h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 lsc7 wsd6\">(2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1841 y312a w469 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">49<span class=\"_ _3ad\"> </span></div></td></tr></table>Th<span class=\"_ _0\"></span>e asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es have no sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t con<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t liab<span class=\"_ _0\"></span>ili<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s to <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up is exp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has no com<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts to provi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span> fu<span class=\"_ _0\"></span>ndi<span class=\"_ _0\"></span>ng to asso<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>tes an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es oth<span class=\"_ _0\"></span>er tha<span class=\"_ _0\"></span>n the on<span class=\"_ _0\"></span>es inc<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d in Note 38<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Du<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng the yea<span class=\"_ _0\"></span>r, <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e total valu<span class=\"_ _0\"></span>e of Inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in assoc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>tes and jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>s acc<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ed for usi<span class=\"_ _0\"></span>ng the e<span class=\"_ _0\"></span>qui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od on the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce Sh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et in<span class=\"_ _0\"></span>cr<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>ed to \u00a36<span class=\"_ _c\"></span>16m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a355<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>m), refle<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tin<span class=\"_ _0\"></span>g a numb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r of <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns and di<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>osa<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>, as well as the Grou<span class=\"_ _0\"></span>p\u2019s shar<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e profi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and<span class=\"_ _0\"></span> los<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s and joi<span class=\"_ _0\"></span>nt ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>(ii) Ass<span class=\"_ _3\"></span>ociates and<span class=\"_ _3\"></span> Joint V<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>ntures<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch have be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _3ad\"> </span> an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for usin<span class=\"_ _0\"></span>g the equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y meth<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. The gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts of these c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s are in par<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span><span class=\"_ _0\"></span> by bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se to the Gro<span class=\"_ _0\"></span>up.<span class=\"_ _3ad\"> </span>Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span>incorporation<span class=\"_ _3ad\"> </span>Accounting<span class=\"_ _3ad\"> </span>treatment<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span>type<span class=\"_ _3ad\"> </span>Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>reporting<span class=\"_ _3ad\"> </span>date<span class=\"_ _3ad\"> </span>Share<span class=\"_ _3ad\"> </span>class<span class=\"_ _3ad\"> </span>% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>shares held<span class=\"_ _3ad\"> </span>by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oad (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted P<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 1 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 2 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 HR G<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _59\"> </span>J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Am<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Mea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ws Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013A<span class=\"_ _0\"></span>u<span class=\"_ _6\"></span>g<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in He<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>th Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wor<span class=\"_ _6\"></span>th Hi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>s Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">0<span class=\"_ _6\"></span>1\u2013S<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>4,5<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"ls18f ws1ae\">Joi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _95\"> </span><span class=\"ff12b lsdf wsdb\">U<span class=\"_ _0\"></span>nits<span class=\"_ _79\"> </span></span><span class=\"ls74 wsea\">5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>iTec<span class=\"_ _0\"></span>h Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _37c\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">42<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></span></span></span></span>CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Ev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s Res<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _1c3\"> </span><span class=\"ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Co<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ca L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>8<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _25\"> </span><span class=\"ls154 ws174\">7.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>El<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>swe<span class=\"_ _0\"></span>ll M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _79\"> </span></span><span class=\"ls120 ws15a\">35.4<span class=\"_ _3ad\"> </span></span></span></span></span>Gi<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Le<span class=\"_ _0\"></span>a Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Al<span class=\"_ _0\"></span>ne P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al P<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>9<span class=\"_ _3ad\"> </span>Australia<span class=\"_ _16c\"> </span><span class=\"ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _c5\"> </span><span class=\"lsd9 ws1af\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></span></span></span></span></span>ID<span class=\"_ _0\"></span>LG GP<span class=\"_ _3ad\"> </span>10<span class=\"_ _3ad\"> </span>Singapore<span class=\"_ _b6\"> </span><span class=\"lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _3\"></span> <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">35.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>A GP<span class=\"_ _3ad\"> </span>11<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">40.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span>12<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls47 ws52\">18<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ka<span class=\"_ _0\"></span>o Dat<span class=\"_ _0\"></span>a Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">30.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ke<span class=\"_ _0\"></span>nsa G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>14<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls154 ws174\">3<span class=\"_ _6\"></span>7.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></span></span></span></span></span>Le<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Ga<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ns M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>LGH<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>IV<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>D JV L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ff12b ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _cf\"> </span></span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Mi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span><table class=\"s wcb4 h1d8\" id=\"_1a0f56c3-f991-41fa-9ba7-11a926caa132\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x673 h1b y3dda ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1842 h1b y3ddb ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h62 y3ddc ff12a fs2 fc0 sc0 ls4 ws3\">Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddc ff12a fs2 fc0 sc0 ls114 wsa1\">Accounting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddc ff12a fs2 fc0 sc0 ls172 ws18f\">Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y3ddd ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3ddd ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3dde ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3ddf ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2be h62 y3ddf ff12a fs2 fc0 sc0 ls114 wsa1\">incorporation<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddf ff12a fs2 fc0 sc0 ls3a ws46\">treatment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddf ff12a fs2 fc0 sc0 ls132 ws12c\">type<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3de0 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3de0 ff128 fs2 fc0 sc0 ls35 ws42\">class<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3de1 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y3de2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Mo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>Hu<span class=\"_ _0\"></span>b Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc5 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc5 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc5 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc5 wcb8 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls66 ws71\">28\u2013Fe<span class=\"_ _0\"></span>b<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a44 y3cc5 wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a45 y3cc5 w3ae h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1a9 ws1c9\">12<span class=\"_ _6\"></span>.6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ne<span class=\"_ _0\"></span>wc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc6 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc6 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc6 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a46 y3cc6 wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a47 y3cc6 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a48 y3cc6 w9aa h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls8b ws8a\">33.<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de4 ff129 fs2 fc0 sc0 ls18f ws1ae\">NT<span class=\"_ _0\"></span>R Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc7 wcb9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3cc7 wcba h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4a y3cc7 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4b y3cc7 wae4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4c y3cc7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4d y3cc7 waf7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de5 ff129 fs2 fc0 sc0 ls18f ws1ae\">On<span class=\"_ _0\"></span>to Ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc8 wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc8 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc8 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4e y3cc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3cf y3cc8 wf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d Uni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc9 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc9 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cc9 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cc9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cc9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cc9 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pe<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cca w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3cca wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3cca wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a55 y3cca waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a56 y3cca waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a57 y3cca wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">4<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sa<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccb w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3ccb wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3ccb wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a58 y3ccb waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a59 y3ccb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5a y3ccb w38c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">5<span class=\"_ _0\"></span>3.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (A<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccc wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccc wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccc wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccc wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccc wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dea ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>pa) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccd wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccd wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccd wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccd wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3deb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oad<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e He<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cce wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cce wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cce wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cce wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cce waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5b y3cce wc19 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dec ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ca<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccf wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccf wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccf wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccf wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccf waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccf wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ded ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd0 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd0 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd0 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd0 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dee ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd1 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd1 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd1 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd1 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd1 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd1 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3def ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd2 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd2 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd2 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd2 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df0 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd3 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd3 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd3 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd3 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df1 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd4 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd4 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd4 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd4 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd5 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd5 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd5 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd5 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c19 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c19 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c19 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c19 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c19 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c19 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df4 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Le<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd6 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd6 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd6 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd6 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd7 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd7 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd7 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd7 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>l He<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd8 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd8 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd8 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>an) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (K<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>le) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cda wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cda wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cda wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cda wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cda waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cda wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Fa<span class=\"_ _0\"></span>rm) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c97 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c97 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c97 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c97 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c97 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c97 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfa ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c99 w758 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3c99 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5c y3c99 wcbe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5d y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5e y3c99 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5f y3c99 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9b wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9b wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9b wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9b wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfc ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdb wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdb wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdb wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdb wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfd ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>mf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9f wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9f wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9f wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9f wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfe ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-Th<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca1 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca1 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca1 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca1 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dff ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tatt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca2 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca2 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e00 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tunb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e Wel<span class=\"_ _0\"></span>ls) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca3 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca3 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca3 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca3 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e01 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tur<span class=\"_ _0\"></span>vey) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdc wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdc wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdc wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdc wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e02 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wal<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rn) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be8 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be8 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be8 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be8 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e03 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ck G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e04 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bea wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bea wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bea wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bea wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e05 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3beb wcb9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3beb wcbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a60 y3beb wcc0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a61 y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a62 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a63 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e06 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>65 F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdd wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdd wcb6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cdd wcb7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a64 y3cdd wcc1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a65 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a66 y3cdd w15d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls30 ws3b\">4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>.7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e07 ff129 fs2 fc0 sc0 ls103 ws110\">SOJV LLP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bed wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bed wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bed wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bed wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e08 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll Ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e Vil<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ge L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bee wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bee wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bee wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bee wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bee waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bee wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e09 ff129 fs2 fc0 sc0 ls18f ws1ae\">War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba0 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ba0 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ba0 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ba0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ba0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ba0 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e0a ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba2 wcc2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a67 y3ba2 wcc3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a68 y3ba2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a69 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6a y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6b y3ba2 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr></table>15<span class=\"_ _3ad\"> </span>16<span class=\"_ _3ad\"> </span>17<span class=\"_ _3ad\"> </span>18<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>20<span class=\"_ _3ad\"> </span>21<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>22<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>24<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>1. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: O<span class=\"_ _0\"></span>ne C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>R 5A<span class=\"_ _6\"></span>A<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 11-<span class=\"_ _3\"></span>15 Sea<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E4 0<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t 3 Ed<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>lto<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, La<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>e, E<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wal<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, No<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>G12 4<span class=\"_ _0\"></span>JL<span class=\"_ _3ad\"> </span>4. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 47 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>1 0B<span class=\"_ _0\"></span>D<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t is c<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as a J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p do<span class=\"_ _0\"></span>es n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>6. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, M2 6<span class=\"_ _0\"></span>LW<span class=\"_ _3ad\"> </span>7<span class=\"_ _c\"></span>. <span class=\"_ _2b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Jo<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ne H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 5<span class=\"_ _0\"></span>2-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4 R<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n, A<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>10 1<span class=\"_ _3\"></span>H<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>8. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bi<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ta I<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s, H<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nx<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e, C<span class=\"_ _0\"></span>B10 1DR<span class=\"_ _3ad\"> </span>9. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 12/1 N<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Ea<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t Me<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ne V<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C 3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span>10. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 8 Ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>na V<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ew, A<span class=\"_ _0\"></span>sia S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re Towe<span class=\"_ _0\"></span>r 1 Si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span>1<span class=\"_ _3\"></span>1. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 3 O<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>W1H 0<span class=\"_ _0\"></span>BF<span class=\"_ _3ad\"> </span>12. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t 80<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>h H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, Pi<span class=\"_ _0\"></span>ne S<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d, E<span class=\"_ _0\"></span>C1R 0<span class=\"_ _0\"></span>JH<span class=\"_ _3ad\"> </span>13. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ka<span class=\"_ _0\"></span>o Da<span class=\"_ _0\"></span>ta C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Roa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ow, U<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, CM<span class=\"_ _0\"></span>17 9NA 14. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t, C<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, Trur<span class=\"_ _0\"></span>o, C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nw<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l, T<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>4 8R<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span>15. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: C/O R<span class=\"_ _0\"></span>oxb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h Mi<span class=\"_ _0\"></span>lk<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed M<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>, Wap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>1 4R<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span>16. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Ki<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g\u2019s G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on Tyne<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, NE<span class=\"_ _0\"></span>1 7R<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span>17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>ton H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l D<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>, Sa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dy<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>, D18 Y2<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>8 18. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ai<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>a Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Wed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ck L<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>, Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>V3<span class=\"_ _0\"></span>4 5<span class=\"_ _0\"></span>YA<span class=\"_ _3ad\"> </span>19. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y O<span class=\"_ _0\"></span>ffi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Wel<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, OX1 2<span class=\"_ _0\"></span>JD 20. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>4 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>4 9WG<span class=\"_ _3ad\"> </span>21. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 35<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>r, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>2 3<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>22<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 3r<span class=\"_ _0\"></span>d Fl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r, On<span class=\"_ _0\"></span>e T<span class=\"_ _0\"></span>he E<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E2 3<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>A 23<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1-2 V<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, 4 D0<span class=\"_ _0\"></span>4 X<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1 Qu<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n C<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W6 9Y<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span>25<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1a Can<span class=\"_ _0\"></span>al V<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w, Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Wes<span class=\"_ _0\"></span>t L<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EH<span class=\"_ _0\"></span>52 6<span class=\"_ _0\"></span>FE",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-761": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls41 ws4d gs915\">40 Relat<span class=\"_ _3\"></span>ed under<span class=\"_ _0\"></span>takings<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs916\">Th<span class=\"_ _0\"></span>e Com<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>nie<span class=\"_ _0\"></span>s Act 20<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6 req<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>res dis<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>ure of info<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s, jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t ventu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s and oth<span class=\"_ _0\"></span>er si<span class=\"_ _0\"></span>gni<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs917\">Si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs are en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s in whic<span class=\"_ _0\"></span>h the Gro<span class=\"_ _0\"></span>up ei<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er has a sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>ldi<span class=\"_ _0\"></span>ng gr<span class=\"_ _0\"></span>eate<span class=\"_ _0\"></span>r tha<span class=\"_ _0\"></span>n or equ<span class=\"_ _0\"></span>al to <span class=\"_ _3\"></span>20<span class=\"_ _0\"></span>% of the nomi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>l value of any sha<span class=\"_ _0\"></span>re clas<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, or </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs918\">a boo<span class=\"_ _0\"></span>k value gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ter tha<span class=\"_ _0\"></span>n 20% of the Gro<span class=\"_ _0\"></span>up\u2019s asse<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>. </div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls5e wsc gs919\">(i) Subsidiaries<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs91a\">Th<span class=\"_ _0\"></span>e par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>ula<span class=\"_ _0\"></span>rs of the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _6\"></span>\u2019s <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>bsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, mu<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l fund<span class=\"_ _0\"></span>s and par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ips th<span class=\"_ _0\"></span>at have bee<span class=\"_ _0\"></span>n co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d as at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3 are lis<span class=\"_ _0\"></span>ted be<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>w. </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs91b\">Th<span class=\"_ _0\"></span>e main ter<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ito<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y of ope<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of subsi<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es in<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d in Eng<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd and Wale<span class=\"_ _0\"></span>s is the UK<span class=\"_ _0\"></span>. For over<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as sub<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>rie<span class=\"_ _0\"></span>s the pr<span class=\"_ _0\"></span>inc<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>al co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y of<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs91c\">op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion is the sa<span class=\"_ _0\"></span>me as the cou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>y of inc<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>. All sub<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>es have a <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er yea<span class=\"_ _0\"></span>r end re<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng da<span class=\"_ _0\"></span>te and are 100% own<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs91d\">st<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d oth<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>. The re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ste<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d offic<span class=\"_ _0\"></span>e of all subs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies in En<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>nd an<span class=\"_ _0\"></span>d Wales is One Co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on EC<span class=\"_ _0\"></span>2R 5A<span class=\"_ _6\"></span>A<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ted K<span class=\"_ _0\"></span>ing<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, and in<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs91e\">Ire<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd is Dill<span class=\"_ _0\"></span>on Eu<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, 33 S<span class=\"_ _0\"></span>ir Joh<span class=\"_ _0\"></span>n Rog<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n\u2019s Quay, Dubl<span class=\"_ _0\"></span>in 2, Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d, un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s oth<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>wise no<span class=\"_ _0\"></span>ted<span class=\"_ _0\"></span>. All su<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ies ar<span class=\"_ _0\"></span>e held th<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h inte<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>dia<span class=\"_ _0\"></span>te </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs91f\">hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es un<span class=\"_ _0\"></span>les<span class=\"_ _0\"></span>s note<span class=\"_ _0\"></span>d that th<span class=\"_ _0\"></span>ey are he<span class=\"_ _0\"></span>ld dir<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t by the Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any. Subs<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>iar<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s that are co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up own<span class=\"_ _0\"></span>s less th<span class=\"_ _0\"></span>an 50<span class=\"_ _0\"></span>% </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs920\">of the ord<span class=\"_ _0\"></span>ina<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y sh<span class=\"_ _0\"></span>are ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l, are co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted bas<span class=\"_ _0\"></span>ed on an ass<span class=\"_ _0\"></span>ess<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of <span class=\"_ _3\"></span>co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l nor<span class=\"_ _0\"></span>mal<span class=\"_ _0\"></span>ly ar<span class=\"_ _0\"></span>isi<span class=\"_ _0\"></span>ng fro<span class=\"_ _0\"></span>m spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s at<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g to <span class=\"_ _3\"></span>the cl<span class=\"_ _0\"></span>ass of sha<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs921\">own<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>, oth<span class=\"_ _0\"></span>er c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tua<span class=\"_ _0\"></span>l arr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts and fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>rs su<span class=\"_ _0\"></span>ch as the pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tee<span class=\"_ _0\"></span>, the na<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>ts rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s, voti<span class=\"_ _0\"></span>ng ri<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ts (in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs922\">po<span class=\"_ _0\"></span>ten<span class=\"_ _0\"></span>tia<span class=\"_ _0\"></span>l votin<span class=\"_ _0\"></span>g righ<span class=\"_ _0\"></span>ts) and sub<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve and pro<span class=\"_ _0\"></span>tec<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve rig<span class=\"_ _0\"></span>ht<span class=\"_ _0\"></span>s.<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs923\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up rea<span class=\"_ _0\"></span>sse<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>es the ap<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>ria<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>nes<span class=\"_ _0\"></span>s of the cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of an investe<span class=\"_ _0\"></span>e whe<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ever fac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and cir<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ms<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s indi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>te that the<span class=\"_ _0\"></span>re has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n a </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs924\">ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge in the rel<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip be<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>wee<span class=\"_ _0\"></span>n the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p and the inves<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e whi<span class=\"_ _0\"></span>ch af<span class=\"_ _0\"></span>fec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s con<span class=\"_ _0\"></span>tro<span class=\"_ _0\"></span>l.<span class=\"_ _3ad\"> </span></div><div class=\"gs925\"><table class=\"s wac5 h1cd\" id=\"_b921f585-5fd9-49c5-9556-22a79d9d44f1\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3b64 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3b65 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3b66 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3b67 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3b68 wac6 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3b68 wac7 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3b68 wac8 h13b\"><div class=\"t m1 x1e4 h62 y31cd ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3b69 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3b6a ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h1b y3b6b ff128 fs2 fc0 sc0 ls14b ws42\">Country of incorporation:<span class=\"_ _c\"></span> Be<span class=\"_ _0\"></span>rmuda<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b6c ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca Re<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b6d wac9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1847 y3b6d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1848 y3b6d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1849 y3b6d w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b6e ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b6f wac9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1847 y3b6f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1848 y3b6f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1849 y3b6f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b70 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny No<span class=\"_ _0\"></span>.2 Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b71 wac9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1847 y3b71 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1848 y3b71 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1849 y3b71 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b72 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>da L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b73 wacc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184a y3b73 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184b y3b73 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184c y3b73 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3b74 ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: China<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b75 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (Sh<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>hai<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b76 wace h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Business<span class=\"_ _3\"></span> informati<span class=\"_ _3\"></span>on consultancy<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184d y3b76 wacf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws167\">Ownership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3b76 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3b76 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b77 ff129 fs2 fc0 sc0 ls12c ws81\">dictated by </td><td></td><td></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b78 ff129 fs2 fc0 sc0 ls12c ws81\">subscribed capital </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h1b y3b79 ff128 fs2 fc0 sc0 lsc2 ws8d\">Country of<span class=\"_ _3\"></span> incorporation:<span class=\"_ _3\"></span> England and<span class=\"_ _3\"></span> Wales<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b7a ff129 fs2 fc0 sc0 ls18f ws1ae\">Al<span class=\"_ _0\"></span>fr<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>on S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ar L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b7b wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184f y3b7b wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1850 y3b7b wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1851 y3b7b wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b7c wad6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m 1 Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1852 y3b7c wad7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3b7c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3b7c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3b7c w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b7d wad8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ate<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3b7d wad9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">EC<span class=\"_ _0\"></span>F Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3b7d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1858 y3b7d wada h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1859 y3b7d w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b7e ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r (Spa<span class=\"_ _0\"></span>re) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b7f wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b7f wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b7f wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b7f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b80 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b81 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b81 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b81 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b81 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b82 ff129 fs2 fc0 sc0 lsd8 ws13e\">Banner <span class=\"_ _3\"></span>Developments <span class=\"_ _3\"></span>Limited<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b83 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b83 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b83 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b83 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b84 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Fre<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b85 wadd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of l<span class=\"_ _0\"></span>eas<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185d y3b85 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185e y3b85 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185f y3b85 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b86 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Be<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y Pri<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b87 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b87 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b87 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b87 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b88 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Ce<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b89 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b89 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b89 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b89 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b8a ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b8b wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b8b wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b8b wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b8b w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b8c ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b8d wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b8d wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3b8d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1861 y3b8d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b8e ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Mid<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b8f wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b8f wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b8f wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b8f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b90 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s So<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b91 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b91 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b91 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b91 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b92 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Hom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b93 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b93 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b93 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b93 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b94 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b95 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3b95 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3b95 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3b95 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3b96 ff129 fs2 fc0 sc0 ls18f ws1ae\">Be<span class=\"_ _0\"></span>avo<span class=\"_ _0\"></span>r Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ar Fa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b97 wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184f y3b97 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1850 y3b97 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1851 y3b97 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b98 wae0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Be<span class=\"_ _0\"></span>gb<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oke O<span class=\"_ _0\"></span>xf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3b98 wae1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1274 y3b98 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1863 y3b98 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1864 y3b98 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b99 wae2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bo<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1865 y3b99 wae3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential propert<span class=\"_ _0\"></span>y management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3b99 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1867 y3b99 wae4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _6\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1868 y3b99 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b9a wae5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">BQ<span class=\"_ _0\"></span>N Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1869 y3b9a wae6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186a y3b9a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186b y3b9a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3b9a w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b9b wae7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>kl<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k Es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186d y3b9b wae8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f re<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186e y3b9b wae9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3b9b w6b3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186f y3b9b wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b9c ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3b9d waea h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C1 Pl<span class=\"_ _0\"></span>ot M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1870 y3b9d waeb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residen<span class=\"_ _0\"></span>tial <span class=\"_ _3\"></span>prope<span class=\"_ _0\"></span>rt<span class=\"_ _0\"></span>y management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1871 y3b9d waec h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3b9d wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3b9d w237 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">33.3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3b9e ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3b9f ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A (<span class=\"_ _0\"></span>ES<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>P) T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ba0 waed h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Financial<span class=\"_ _3\"></span> intermediation<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1873 y3ba0 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1874 y3ba0 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1875 y3ba0 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ba1 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ba2 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3ba2 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3ba2 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3ba2 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs926\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs927\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs928\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs929\">1<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs92a\">2<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs92b\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs92c\">4<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs92d\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs92e\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs92f\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs930\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs931\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs932\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs933\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs934\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs935\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs936\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs937\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs938\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff12b fs27 fc0 sc0 ls4 ws3 gs939\">3<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs93a\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 hc2 ff129 fs27 fc0 sc0 ls4 ws3 gs93b\">5<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs93c\">1. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 19 Par<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>-V<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>e Roa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>M11<span class=\"_ _3\"></span>, Be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>a<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs93d\">2. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>st R<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>OM<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>or 3<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>o. 2123 P<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ng Av<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>na (S<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>) Pi<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>t Fre<span class=\"_ _0\"></span>e Trad<span class=\"_ _0\"></span>e Zo<span class=\"_ _0\"></span>ne (<span class=\"_ _0\"></span>Bo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d A<span class=\"_ _0\"></span>rea)<span class=\"_ _0\"></span>, Pu<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Di<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Sh<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>i<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs93e\">3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 5 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>A 3<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs93f\">4. <span class=\"_ _19\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h11 ff129 fs2 fc0 sc0 ls4 ws3 gs940\">5. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ca<span class=\"_ _0\"></span>la H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, 5<span class=\"_ _0\"></span>4 T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>y, Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>y, T<span class=\"_ _0\"></span>W18 3A<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span></div><table class=\"s waef h1ce\" id=\"_17f4874c-6528-4920-89f4-c0b1512b1945\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3ba3 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3ba4 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3ba5 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3ba6 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3ba7 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3ba7 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3ba7 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3ba8 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3ba9 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3baa ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up (<span class=\"_ _0\"></span>Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bab wadb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bab wadc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bab wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bab w294 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3bad waf0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d</div><div class=\"t m1 x187c hc2 y3bac ff129 fs27 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1878 y3bad wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bad wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bad wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bad w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bae ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (C<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>swo<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3baf wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3baf wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3baf wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3baf w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb0 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Hom<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb1 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bb1 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bb1 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bb1 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb2 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Hom<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb3 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bb3 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bb3 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bb3 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb4 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb5 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187d y3bb5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187e y3bb5 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187f y3bb5 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3bb6 waf2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d</div><div class=\"t m1 x1880 hc2 y3bac ff129 fs27 fc0 sc0 ls4 ws3\">5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1878 y3bb6 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187d y3bb6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187e y3bb6 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187f y3bb6 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bb7 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>Yor<span class=\"_ _0\"></span>ks<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>re) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bb8 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bb8 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bb8 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bb8 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bb9 waf3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1881 y3bb9 wae6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Deve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1882 y3bb9 wad3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1883 y3bb9 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1884 y3bb9 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bba waf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>o Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3bba waf5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1886 y3bba waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1887 y3bba waf6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>J<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1888 y3bba waf7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">33.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bbb waf8 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>f In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ge N<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>eC<span class=\"_ _0\"></span>o Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1889 y3bbb waf9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188a y3bbb wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188b y3bbb wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce2 y3bbb w585 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">99.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bbc ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>re S<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bbd wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bbd wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188c y3bbd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188d y3bbd wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bbe wafa h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y &amp; Ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188e y3bbe wafb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3bbe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3bbe wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3bbe w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bbf wafc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Pla<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s Hol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188f y3bbf wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1890 y3bbf wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x84e y3bbf wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1891 y3bbf w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bc0 waff h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Pla<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e Gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>s Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1892 y3bc0 wb00 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3bc0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1894 y3bc0 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1895 y3bc0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bc1 wb01 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>re<span class=\"_ _0\"></span>es P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k (Sh<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m) Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3bc1 wb02 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1897 y3bc1 wb03 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161c y3bc1 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1898 y3bc1 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x4f9 h11 y3bc2 ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bc3 wb04 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eu<span class=\"_ _0\"></span>ro L<span class=\"_ _0\"></span>iq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3bc3 wb05 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bc4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bc4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3bc4 w2e3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls33 ws3f\">46.2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bc5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>hw<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>rk M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bc6 wb02 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189c y3bc6 wb06 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x161c y3bc6 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1898 y3bc6 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x4f9 h11 y3bc7 ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bc8 wb07 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n UK L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189d y3bc8 wb08 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dor<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189e y3bc8 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189f y3bc8 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a0 y3bc8 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bc9 wb09 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ha<span class=\"_ _0\"></span>ut I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3bc9 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca7 y3bc9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a2 y3bc9 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3bc9 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bca wb0a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ha<span class=\"_ _0\"></span>ut I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a4 y3bca wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a5 y3bca wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a6 y3bca wb0b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls37 ws44\">30\u2013Dec<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a7 y3bca wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bcb wb0c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>ed V<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>s Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3bcb wb0d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bcb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bcb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3bcb wb0e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">46<span class=\"_ _0\"></span>.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 x86e h11 y3bcc ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bcd wb0f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>re (Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a9 y3bcd wb10 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">Gene<span class=\"_ _0\"></span>ral pa<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>tner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3bcd wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ab y3bcd wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ac y3bcd w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bce wb11 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ge C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>re Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ad y3bce wb12 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3bce wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18af y3bce wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3bce w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bcf wb13 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt D<span class=\"_ _0\"></span>isc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ts O<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>ne L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b0 y3bcf wb14 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e ag<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s and b<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3bcf waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3bcf wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3bcf w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd0 wb15 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">IP<span class=\"_ _0\"></span>IF Trad<span class=\"_ _0\"></span>e Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b1 y3bd0 wb16 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1882 y3bd0 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partner<span class=\"_ _0\"></span>ship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b2 y3bd0 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b3 y3bd0 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd1 wb17 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">IP<span class=\"_ _0\"></span>IF Trad<span class=\"_ _0\"></span>e No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b4 y3bd1 wb18 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws13e\">Nominee<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b5 y3bd1 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b6 y3bd1 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3bd1 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd2 wb19 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">IX<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>S Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b8 y3bd2 wb1a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r inf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n tec<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>gy se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b9 y3bd2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ba y3bd2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bb y3bd2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">70<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bd3 ff129 fs2 fc0 sc0 lsf5 ws103\">Jimcour<span class=\"_ _0\"></span>t Limit<span class=\"_ _3\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bd4 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3bd4 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187a y3bd4 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x187b y3bd4 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bd5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Low Fa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m So<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3bd6 wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189c y3bd6 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bc y3bd6 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bd y3bd6 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd7 wb1c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ca<span class=\"_ _0\"></span>sh Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18be y3bd7 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit tru<span class=\"_ _3\"></span>st<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3bd7 wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y3bd7 wb1f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsfa ws45\">0<span class=\"_ _0\"></span>5\u2013Feb<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18bf y3bd7 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">4<span class=\"_ _0\"></span>3.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd8 wb21 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d ES<span class=\"_ _0\"></span>G Ja<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n Ind<span class=\"_ _0\"></span>ex Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c0 y3bd8 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit tru<span class=\"_ _3\"></span>st<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3bd8 wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c2 y3bd8 wb22 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>0\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c3 y3bd8 wd3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">5<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bd9 wb23 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d ES<span class=\"_ _0\"></span>G Mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex 7 Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c4 y3bd9 wb24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit<span class=\"_ _3\"></span> trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c5 y3bd9 wb25 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c6 y3bd9 wb26 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls83 ws99\">15<span class=\"_ _0\"></span>\u2013<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>b<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xc6e y3bd9 w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">39.<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bda wb27 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d ES<span class=\"_ _0\"></span>G UK I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3bda wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c8 y3bda wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c9 y3bda wb29 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls19 ws1a\">3<span class=\"_ _0\"></span>0\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ca y3bda wb2a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">31.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdb wb2b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Su<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le Gl<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Equ<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y F<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>us<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cb y3bdb wb2c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c5 y3bdb wb25 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cc y3bdb w725 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls83 ws99\">15<span class=\"_ _6\"></span>\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cd y3bdb w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdc wb2d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Mu<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span>et Targe<span class=\"_ _0\"></span>t Re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ce y3bdc wb2e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cf y3bdc wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d0 y3bdc wb2f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls62 ws6e\">14\u2013A<span class=\"_ _6\"></span>p<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d1 y3bdc wb30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">4<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdd wb31 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Sm<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>r Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>r<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d2 y3bdd wb32 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit<span class=\"_ _c\"></span> trust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d3 y3bdd wb1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">Unit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3bdd wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x10ed y3bdd wb33 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">30.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bde wb34 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d5 y3bde wb35 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Ins<span class=\"_ _0\"></span>titutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d6 y3bde wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d7 y3bde wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d8 y3bde wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3bdf ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>o Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s </td><td class=\"c n x1878 y3be0 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1879 y3be0 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188c y3be0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188d y3be0 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3be1 ff129 fs2 fc0 sc0 ls5d ws6b\">Lim<span class=\"_ _0\"></span>ited<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3be2 wb37 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (Re<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3be2 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18da y3be2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18db y3be2 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a7 y3be2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be3 wb38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ic L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Har<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>en) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dc y3be3 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dd y3be3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18de y3be3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3be3 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be4 wb39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ic L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th H<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>am) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3be4 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3be4 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e1 y3be4 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e2 y3be4 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be5 wb3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ic L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e3 y3be5 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e4 y3be5 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3be5 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3be5 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be6 wb3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e7 y3be6 wb3c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Unit trust management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e8 y3be6 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x635 y3be6 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e9 y3be6 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be7 wb3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l (U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs) No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ea y3be7 wb3e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non<span class=\"_ _0\"></span>-trading comp<span class=\"_ _3\"></span>any<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3be7 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ec y3be7 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ed y3be7 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be8 wb3f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (A<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1870 y3be8 wb12 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted l<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bil<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1494 y3be8 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ee y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ef y3be8 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be9 wb40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y3be9 wb41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f1 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f2 y3be9 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f3 y3be9 wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bea wb40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t 4) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y3bea wb43 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of dom<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ic bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3bea wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3beb wb44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3beb wb45 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3beb wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3beb wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3beb wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bec wb46 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (I<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 1) Limi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3bec wb47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of o<span class=\"_ _0\"></span>wn o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3bec wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3bec wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3bec wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bed wb48 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (I<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3bed wb47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of o<span class=\"_ _0\"></span>wn o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3bed wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3bed wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3bed wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wb48 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (I<span class=\"_ _0\"></span>nv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 3) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3bee wb47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of o<span class=\"_ _0\"></span>wn o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>ed r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3bee wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3bee wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3bee wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bf0 wb49 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (O<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fb y3bf0 wb4a h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fc y3bf0 wadc h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fd y3bf0 waee h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3bf0 wad5 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wb4b h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>O) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y312a wb4c h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y312a wafe h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ff y312a waee h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ac y312a w294 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span><table class=\"s w9e6 h1d0\" id=\"_bd1bda02-4f93-4cf8-b612-b115bd90659f\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3bf1 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3bf2 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3bf3 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3bf4 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3bf5 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3bf5 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3bf5 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3bf6 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3bf7 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3bf8 wb4d h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3bf8 wb4e h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3bf8 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3bf8 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3bf8 wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3bf9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Br<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>e Is<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t </td><td class=\"c n x1846 y3bfa wb4f h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3bfa wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1901 y3bfa wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1902 y3bfa wad5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3bfb ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bfc wb50 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1903 y3bfc wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1904 y3bfc wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1905 y3bfc waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1906 y3bfc wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bfd wb52 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Co S<span class=\"_ _0\"></span>ec L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3bfd wb53 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dor<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1853 y3bfd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1854 y3bfd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1855 y3bfd w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bfe wb54 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ts H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3bfe wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xca7 y3bfe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a2 y3bfe waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3bfe wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bff wb55 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Di<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l So<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1908 y3bff wb56 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy s<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1909 y3bff wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190a y3bff wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3bff wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c00 wb57 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Em<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>oye<span class=\"_ _0\"></span>e Be<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>efi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s Adm<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190b y3c00 wb58 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-<span class=\"_ _0\"></span>trading<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190c y3c00 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190d y3c00 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190e y3c00 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c01 wb59 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te Ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1908 y3c01 wb5a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of dil<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190f y3c01 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1910 y3c01 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1911 y3c01 wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c02 wb5b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Eu<span class=\"_ _0\"></span>ro Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>ge No<span class=\"_ _0\"></span>.<span class=\"_ _3\"></span>1 SP<span class=\"_ _0\"></span>V Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1912 y3c02 wb5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1913 y3c02 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y3c02 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1914 y3c02 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c03 wb5d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e PL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1915 y3c03 wb5e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Tre<span class=\"_ _3\"></span>asury operations<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1916 y3c03 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1917 y3c03 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1918 y3c03 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c04 wb5f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l Adv<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3c04 wb60 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of ser<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3c04 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191a y3c04 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191b y3c04 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c05 wb61 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l F<span class=\"_ _0\"></span>X S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (SP<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3c05 wb62 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y3c05 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191d y3c05 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191e y3c05 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c06 wb63 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l GP L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3c06 wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y3c06 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1920 y3c06 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1921 y3c06 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c07 wb64 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l He<span class=\"_ _0\"></span>at Pu<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ps Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1922 y3c07 wb65 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of ot<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s no<span class=\"_ _0\"></span>t els<span class=\"_ _0\"></span>ew<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c07 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c07 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c07 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c08 ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c09 wb66 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b1 y3c09 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b5 y3c09 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b6 y3c09 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3c09 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0a wb67 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1925 y3c0a wb68 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">M<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e fin<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1926 y3c0a waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1927 y3c0a wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x678 y3c0a wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0b wb69 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s (Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es C<span class=\"_ _0\"></span>o) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3c0b wb6a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">H<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>an re<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1929 y3c0b waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c0b wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c0b wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0c wb6b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (A<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192b y3c0c wb6c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192c y3c0c wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18af y3c0c wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3c0c wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0d wb6d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (Cr<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ne) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1925 y3c0d wb6e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>ev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3c0d wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c0d wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c0d wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c0e wb6f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (D<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ot) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192d y3c0e wb70 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>sew<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c0e waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c0e wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c0e wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c0f ff129 fs2 fc0 sc0 ls4 ws3\">classi<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d </td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c10 wb71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>hr<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192e y3c10 wb6c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192f y3c10 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1930 y3c10 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1931 y3c10 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c11 w777 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1932 y3c11 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c11 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1933 y3c11 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190e y3c11 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c12 wb73 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1934 y3c12 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1935 y3c12 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x808 y3c12 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1936 y3c12 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c13 wb74 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mo<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r JV H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1937 y3c13 wb75 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws42\">Development of modul<span class=\"_ _3\"></span>ar housing<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x166a y3c13 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1938 y3c13 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1939 y3c13 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c14 wb76 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mo<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r JV L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3c14 wb77 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws42\">Development o<span class=\"_ _3\"></span>f modular<span class=\"_ _3\"></span> housing<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d3 y3c14 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ff y3c14 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ac y3c14 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c15 wb78 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ho<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s Mo<span class=\"_ _0\"></span>du<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b4 y3c15 wb75 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls14b ws42\">Development of modul<span class=\"_ _3\"></span>ar housing<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f1 y3c15 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f2 y3c15 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193a y3c15 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c16 wb79 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1912 y3c16 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193b y3c16 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193c y3c16 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1939 y3c16 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c17 wb7a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s No. 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193d y3c17 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding<span class=\"_ _3\"></span> company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193b y3c17 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193c y3c17 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1939 y3c17 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c18 wb7b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193e y3c18 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cf y3c18 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c18 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c18 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c19 wb7c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s IC<span class=\"_ _0\"></span>VC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1869 y3c19 wb05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c1a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c1a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c1a wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1b wb7d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193f y3c1b wb7e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1940 y3c1b wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1941 y3c1b wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y3c1b wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1c wb7f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l La<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1942 y3c1c wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c1c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1943 y3c1c wb80 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>O<span class=\"_ _0\"></span>c<span class=\"_ _6\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c1c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1d wb81 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Le<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e Fun<span class=\"_ _0\"></span>d T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1944 y3c1d wb82 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws44\">T<span class=\"_ _3\"></span>rustee<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1945 y3c1d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1946 y3c1d waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1947 y3c1d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1e wb83 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Li<span class=\"_ _0\"></span>fe Fun<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e7 y3c1e wb84 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited <span class=\"_ _3\"></span>Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1948 y3c1e wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x855 y3c1e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1914 y3c1e wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c1f wb85 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l L<span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>M St<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g (SP<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a9 y3c1f wb86 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>se ve<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1949 y3c1f wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194a y3c1f wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194b y3c1f wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c20 wb87 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Mi<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>le E<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3c20 wb88 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">H<span class=\"_ _0\"></span>olding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3c20 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194d y3c20 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194e y3c20 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c21 wb89 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ove<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>as Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e7 y3c21 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c21 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c21 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c21 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c22 wb8a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1942 y3c22 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c22 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c22 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c22 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c23 wb8b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p Se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dc y3c23 wb8c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194f y3c23 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1941 y3c23 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x447 y3c23 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c24 wb8d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1950 y3c24 wb8e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186a y3c24 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186b y3c24 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3c24 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c25 wb8f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Sc<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3c25 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3c25 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ec y3c25 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ed y3c25 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c26 wb90 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3c26 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1948 y3c26 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1951 y3c26 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1952 y3c26 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c27 wb92 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f0 y3c27 wb4e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1953 y3c27 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1954 y3c27 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1955 y3c27 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c28 wb93 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193e y3c28 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3c28 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1894 y3c28 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1895 y3c28 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c29 wb94 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192d y3c29 wb95 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189e y3c29 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189f y3c29 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a0 y3c29 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c2a wb96 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>PI<span class=\"_ _0\"></span>F GP) L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3c2a wb97 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">Ge<span class=\"_ _0\"></span>neral partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1956 y3c2a wb98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1957 y3c2a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c2a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c2b wb99 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re G<span class=\"_ _0\"></span>P) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1958 y3c2b wb4c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3c2b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x834 y3c2b waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195a y3c2b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c2c w652 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3c2c wb9a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">Gene<span class=\"_ _0\"></span>ral Partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195c y3c2c wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195d y3c2c wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195e y3c2c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bec wb9b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>e Fun<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1944 y3bec wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3bec waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194d y3bec waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194e y3bec wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bed wb9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (L<span class=\"_ _0\"></span>if<span class=\"_ _0\"></span>e Fun<span class=\"_ _0\"></span>d) N<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3bed wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195f y3bed wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1960 y3bed wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1961 y3bed wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wb9d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K PI<span class=\"_ _0\"></span>F Ge<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3bee waa0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">General Partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3bee wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ec y3bee wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ed y3bee wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ba0 wb9e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K PI<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1962 y3ba0 waa0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsd8 ws41\">General Partner<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1963 y3ba0 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1905 y3ba0 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1964 y3ba0 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ba2 wb9f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>IF G<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d T<span class=\"_ _3\"></span>wo) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3ba2 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3ba2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>6<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 5 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>A 3<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ca<span class=\"_ _0\"></span>la H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, 5<span class=\"_ _0\"></span>4 T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>y, Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>y, T<span class=\"_ _0\"></span>W18 3A<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span>6. <span class=\"_ _19\"> </span>Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n En<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span>7<span class=\"_ _c\"></span>. <span class=\"_ _2b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Di<span class=\"_ _0\"></span>sc<span class=\"_ _0\"></span>ov<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>y H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, C<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>sl<span class=\"_ _0\"></span>ey R<span class=\"_ _0\"></span>oad<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, G<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>er M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er, E<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>4 5B<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span><table class=\"s w2c7 h1d1\" id=\"_1db9a564-ed2b-4d07-92c2-bca8864f439e\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3c2d ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3c2e ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3c2f ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3c30 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c31 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1844 y3c31 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3c31 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3c32 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3c33 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c34 wba0 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (U<span class=\"_ _0\"></span>K<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>IF Two) <span class=\"_ _3\"></span>L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18ad y3c34 wba1 h145\"><div class=\"t m1 x1e4 h11 y323e ff12b fs2 fc0 sc0 ls18f ws3\">I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t in U<span class=\"_ _0\"></span>K r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1965 y3c34 wadc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1966 y3c34 wade h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1967 y3c34 wad5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c35 wba2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x192e y3c35 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding <span class=\"_ _3\"></span>company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1968 y3c35 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1969 y3c35 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196a y3c35 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c36 wba3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l (BT<span class=\"_ _0\"></span>R) 1 L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3c36 wba4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investmen<span class=\"_ _0\"></span>t management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c36 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c36 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c36 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c37 wba3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l (BT<span class=\"_ _0\"></span>R) 2 L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3c37 wba4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investmen<span class=\"_ _0\"></span>t management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c37 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c37 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c37 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c38 wba5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Res<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1950 y3c38 wba6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1948 y3c38 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1951 y3c38 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1952 y3c38 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c39 wba7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Re<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>il In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x196b y3c39 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196c y3c39 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196d y3c39 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196e y3c39 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3a wba8 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Cro<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e 1) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18ea y3c3a wb43 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c2 y3c3a wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196f y3c3a wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1970 y3c3a wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3b wba9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Cro<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e 2) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1971 y3c3b wbaa h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1972 y3c3b wad3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1973 y3c3b waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1974 y3c3b w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3c wbab h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Sa<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>y La<span class=\"_ _0\"></span>ne 1) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18b0 y3c3c wb4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3c3c wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c3c wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c3c wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3d wbac h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (Sa<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>y La<span class=\"_ _0\"></span>ne 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1962 y3c3d wb4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1975 y3c3d wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1976 y3c3d wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c3d wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3e wbad h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St N<span class=\"_ _0\"></span>eo<span class=\"_ _0\"></span>ts) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18a8 y3c3e wb6c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dev<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c3e wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3c3e wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c3e wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c3f wbae h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 1) <span class=\"_ _3\"></span>Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1977 y3c3f wbaf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1978 y3c3f wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y3c3f wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3c3f wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c40 wbb0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 2) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1979 y3c40 wbb1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3c40 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3c40 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3c40 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c41 wbb2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 3) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18ce y3c41 wbb3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x139b y3c41 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191d y3c41 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191e y3c41 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c42 wbb0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l SB<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>R (St<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nto<span class=\"_ _0\"></span>n Cr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s 4) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1979 y3c42 wbb1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tic b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f8 y3c42 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f9 y3c42 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3c42 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c43 wbb4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce a<span class=\"_ _0\"></span>nd T<span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>ch (<span class=\"_ _0\"></span>Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x197a y3c43 wafb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c5 y3c43 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197b y3c43 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197c y3c43 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c44 wbb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Se<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>r Liv<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1950 y3c44 wafb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1978 y3c44 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y3c44 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3c44 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c45 wbb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t 2) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18d9 y3c45 wb4e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt of b<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c45 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c45 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c45 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c46 wbb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1852 y3c46 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3c46 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e1 y3c46 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e2 y3c46 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c47 wbb8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (Op<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x188f y3c47 wae6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188a y3c47 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197d y3c47 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1931 y3c47 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c48 wbb9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>n BT<span class=\"_ _0\"></span>R (P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y) L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18e7 y3c48 wbba h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1972 y3c48 wb98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1976 y3c48 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c48 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c49 wbbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18e7 y3c49 wb8c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197e y3c49 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197f y3c49 wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1980 y3c49 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4a wbbd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>ru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>es Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18d5 y3c4a wbbe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d tru<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1981 y3c4a wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195d y3c4a wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195e y3c4a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4b w492 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P Fou<span class=\"_ _0\"></span>r LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1869 y3c4b wbbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c4b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y3c4b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1982 y3c4b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4c wbc0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18a9 y3c4c wbc1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1975 y3c4c wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1983 y3c4c waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fa y3c4c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4d wbc2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P Si<span class=\"_ _0\"></span>x LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x186d y3c4d wb4c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c4d wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa61 y3c4d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1982 y3c4d wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4e wbc3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR G<span class=\"_ _0\"></span>P Th<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1984 y3c4e wbc4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1866 y3c4e wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c4e waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c4e wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c4f wbc5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t GP LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1881 y3c4f wbbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y p<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3c4f wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1985 y3c4f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1986 y3c4f wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c50 wbc6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t LP<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18a1 y3c50 wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1987 y3c50 wb98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1988 y3c50 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1989 y3c50 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c51 wbc8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK B<span class=\"_ _0\"></span>TR I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x188e y3c51 wbc9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>nd ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18cf y3c51 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e5 y3c51 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e6 y3c51 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c52 wbca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ar I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x186d y3c52 wafb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fc y3c52 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fd y3c52 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3c52 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c53 wbcb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UK<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>IF Two GP LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1934 y3c53 wbcc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y par<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198a y3c53 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198b y3c53 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198c y3c53 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c54 wbcd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (C<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18b0 y3c54 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3c54 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xddb y3c54 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a0 y3c54 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c55 wbce h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Af<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>le H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt 3) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x192b y3c55 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Dom<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ic bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198d y3c55 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1933 y3c55 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190e y3c55 wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c56 wbcf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce (P<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1937 y3c56 wb95 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x148c y3c56 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198e y3c56 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198f y3c56 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c57 wbd0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l As<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1990 y3c57 wbd1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m an<span class=\"_ _0\"></span>d gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l ins<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1956 y3c57 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1991 y3c57 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1992 y3c57 wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c58 wbd2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Br<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>em<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>le Is<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1993 y3c58 wbd3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1274 y3c58 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1863 y3c58 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1864 y3c58 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c59 wbd4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l an<span class=\"_ _0\"></span>d Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l IM C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3c59 wbc9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt a<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1994 y3c59 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1995 y3c59 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1996 y3c59 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bdd wbd5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y3bdd wbd6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">150<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1998 y3bdd wbd7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>K Hol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1999 y3bdd wbd8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1972 y3bdd wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1973 y3bdd waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1974 y3bdd w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bde wbd5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y3bde wbd9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">26<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199a y3bde wbda h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S. O<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>K Hol<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c4 y3bde wbdb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Act<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s of co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199b y3bde waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xa51 y3bde wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x538 y3bde wb51 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be0 wbdc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC O<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>s Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18c7 y3be0 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3be0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191a y3be0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191b y3be0 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5a wbdd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC T<span class=\"_ _0\"></span>EP U<span class=\"_ _0\"></span>K Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>o Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1962 y3c5a wbde h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3c5a wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199c y3c5a wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199d y3c5a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5b wbdf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P EC<span class=\"_ _0\"></span>F (GP) LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x199e y3c5b wbe0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d li<span class=\"_ _0\"></span>ab<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e8 y3c5b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186b y3c5b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x186c y3c5b w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5c wbe1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P EC<span class=\"_ _0\"></span>F 1 L.<span class=\"_ _0\"></span>P<span class=\"_ _c\"></span>.<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1937 y3c5c wbe2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limi<span class=\"_ _0\"></span>ted <span class=\"_ _3\"></span>partne<span class=\"_ _0\"></span>rship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18eb y3c5c wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1985 y3c5c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1986 y3c5c wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5d wbe3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1870 y3c5d wbe4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s of ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e and d<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1909 y3c5d wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190a y3c5d wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a3 y3c5d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5e wbe5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P In<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s 1 Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18d5 y3c5e wbe6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">A<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es of ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e an<span class=\"_ _0\"></span>d deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1890 y3c5e wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f2 y3c5e wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f3 y3c5e wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c5f wbe7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1869 y3c5f wbe8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fund m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199f y3c5f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d7 y3c5f wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d8 y3c5f wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c60 wbe9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ee 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1896 y3c60 wbea h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s of ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c60 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c60 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c60 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c61 wbe9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGG<span class=\"_ _0\"></span>P No<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ee 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1896 y3c61 wbea h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s of ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re an<span class=\"_ _0\"></span>d de<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt c<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c61 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c61 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c61 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c62 wbeb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al Le<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x194c y3c62 wbec h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">C<span class=\"_ _0\"></span>ommercial <span class=\"_ _3\"></span>lending<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c1 y3c62 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194d y3c62 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194e y3c62 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c63 wbed h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>al Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1885 y3c63 wb7e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1929 y3c63 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3c63 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3c63 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c64 wbee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M LG<span class=\"_ _0\"></span>AS P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1852 y3c64 wbef h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds v<span class=\"_ _0\"></span>ia<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c64 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c64 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c64 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x86e h11 y3c65 ff129 fs2 fc0 sc0 ls18f ws1ae\">inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3bed wbf0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s (Ope<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>or) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1862 y3bed wb4e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t of bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g pr<span class=\"_ _0\"></span>oj<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1919 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191a y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191b y3bed w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wbf1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18e3 y3bee wb4f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1978 y3bee wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x15c0 y3bee wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18fe y3bee wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bf0 wbf2 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGP N<span class=\"_ _0\"></span>ew<span class=\"_ _0\"></span>co Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1852 y3bf0 wadf h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3bf0 wb36 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3bf0 wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3bf0 wad5 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wbf3 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGP<span class=\"_ _0\"></span>L No 2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18c7 y312a wbf4 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b5 y312a wadc h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a1 y312a wbf5 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>ep<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x196e y312a wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table><table class=\"s wbf6 h1d2\" id=\"_9c6f0f7b-23d4-43c2-8878-9702190f094d\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3c66 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3c67 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3c68 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3c69 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c6a wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3c6a wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3c6a wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3c6b ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3c6c ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3c6d wbf7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>fe an<span class=\"_ _0\"></span>d Min<span class=\"_ _0\"></span>d Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3c6d wbf8 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ae y3c6d wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d4 y3c6d wade h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f7 y3c6d wad5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c6e wbf9 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>fe Fun<span class=\"_ _0\"></span>d Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1950 y3c6e wbfa h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld in<span class=\"_ _0\"></span>ves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1953 y3c6e wbfb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls5d ws6b\">Lim<span class=\"_ _0\"></span>ited<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3c6e wad0 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3c6e wad1 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3c6f ff12b fs2 fc0 sc0 lsf5 ws103\">partnership<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c70 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on D<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c71 w49a h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a2 y3c71 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a3 y3c71 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a4 y3c71 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">68<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c72 wbfc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LP<span class=\"_ _0\"></span>I Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a5 y3c72 wbef h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of u<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d p<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on f<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>ds v<span class=\"_ _0\"></span>ia<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c72 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c72 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c72 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c73 ff129 fs2 fc0 sc0 ls18f ws1ae\">inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c74 wbfd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>by S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3c74 wbf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3c74 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199c y3c74 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199d y3c74 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c75 wbfe h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1934 y3c75 wbff h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt o<span class=\"_ _0\"></span>f un<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ed a<span class=\"_ _0\"></span>nd s<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>gr<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ed p<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s vi<span class=\"_ _0\"></span>a<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c75 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c75 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c75 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c76 ff129 fs2 fc0 sc0 ls18f ws1ae\">inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt in p<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c77 ff129 fs2 fc0 sc0 ls18f ws1ae\">Mi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>bay E<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c78 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a6 y3c78 wb03 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3c78 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a7 y3c78 w5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td class=\"t m1 x5e3 h11 y3c79 ff12b fs2 fc0 sc0 lsf5 ws103\">guarantee </td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3c7a wc00 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Nov<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>la Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3c7a wc01 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">EC<span class=\"_ _0\"></span>F Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>o<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c7a waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a8 y3c7a wc02 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls2e ws38\">03\u2013Mar<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a9 y3c7a w5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7b wc03 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">NS<span class=\"_ _0\"></span>C Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng A Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3c7b wc04 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18e0 y3c7b wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x926 y3c7b wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b7 y3c7b wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7c wc05 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">NS<span class=\"_ _0\"></span>C Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng B Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3c7c wb91 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1893 y3c7c waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1894 y3c7c waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1895 y3c7c wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7d wc06 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>lm<span class=\"_ _0\"></span>e Res<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3c7d wc07 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1886 y3c7d waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19aa y3c7d wc08 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls5d ws6b\">30<span class=\"_ _0\"></span>\u2013Nov<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ab y3c7d wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c7e wc09 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Row<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y La<span class=\"_ _0\"></span>ne B<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>mwo<span class=\"_ _0\"></span>od L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ac y3c7e wae1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">C<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of co<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f4 y3c7e waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x958 y3c7e wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f5 y3c7e wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c7f ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng Me<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c80 wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3c80 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3c80 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1861 y3c80 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c81 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng Me<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>i Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c82 wadf h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3c82 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3c82 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1861 y3c82 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c83 wc0a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Ba<span class=\"_ _0\"></span>th) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1944 y3c83 wc0b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d sel<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng of ow<span class=\"_ _0\"></span>n re<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192c y3c83 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x206 y3c83 wb80 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>O<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1947 y3c83 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c84 wc0c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Ep<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>m) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1852 y3c84 wc0d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng of ow<span class=\"_ _0\"></span>n rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ad y3c84 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ae y3c84 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19af y3c84 wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c85 wc0e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Ux<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1881 y3c85 wc0f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Buy<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>lli<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g of own re<span class=\"_ _0\"></span>al es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x14c2 y3c85 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b0 y3c85 wb80 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>O<span class=\"_ _6\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b1 y3c85 wb42 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c86 wc10 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng U<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>an (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>lto<span class=\"_ _0\"></span>n) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b2 y3c86 wc11 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng an<span class=\"_ _0\"></span>d se<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of own re<span class=\"_ _0\"></span>al e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1514 y3c86 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178a y3c86 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1989 y3c86 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c87 ff129 fs2 fc0 sc0 ls18f ws1ae\">Si<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n So<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Far<span class=\"_ _0\"></span>m Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c88 wad2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of el<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184f y3c88 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1850 y3c88 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1851 y3c88 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c89 wc12 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>o. 2) Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b3 y3c89 wb91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b4 y3c89 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b5 y3c89 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b6 y3c89 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c8a wc13 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s (N<span class=\"_ _0\"></span>o. 2) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3c8a wc14 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">L<span class=\"_ _0\"></span>imited <span class=\"_ _3\"></span>par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x73d y3c8a wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18af y3c8a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b7 y3c8a w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c8b wc15 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sey U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t (N<span class=\"_ _0\"></span>o. 2)<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x102d y3c8b wc16 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit<span class=\"_ _3\"></span> T<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b8 y3c8b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b9 y3c8b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x565 y3c8b wd3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c8c ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s LP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3b7b wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3b7b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ba y3b7b waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bb y3b7b wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3b7c wc17 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Su<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Vau<span class=\"_ _0\"></span>x 1 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bc y3b7c wbf8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18aa y3b7c wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192a y3b7c wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18df y3b7c wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c8d ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on (<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Hub) Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c8e w49a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a2 y3c8e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bd y3c8e wae4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19be y3c8e wc18 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">82.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c8f ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>ay<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r La<span class=\"_ _0\"></span>ne (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd5 h11 y3c90 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </td><td class=\"t m1 x5e3 h11 y3c90 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>p Or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"c n x3f7 y3c91 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3c91 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c92 ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3c92 ff129 fs2 fc0 sc0 ls18f ws1ae\">sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c93 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>ay<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>r La<span class=\"_ _0\"></span>ne T<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r Fr<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xdd5 h11 y3c93 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er s<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>ed c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e </td><td class=\"t m1 x5e3 h11 y3c93 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ca<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ed u<span class=\"_ _0\"></span>p Or<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y </td><td class=\"c n x3f7 y3c94 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3c94 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td class=\"t m1 xdd5 h11 y3c95 ff129 fs2 fc0 sc0 ls120 ws15a\">classifi<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5e3 h11 y3c95 ff129 fs2 fc0 sc0 ls18f ws1ae\">sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3c96 ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>e Ad<span class=\"_ _0\"></span>van<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c97 wadb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3c97 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3c97 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3c97 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c98 ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k 3175 Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c99 wc11 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bu<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and s<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng of ow<span class=\"_ _0\"></span>n rea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bf y3c99 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c0 y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c1 y3c99 wc19 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c9a ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k A<span class=\"_ _0\"></span>2 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c9b wc1a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">O<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er l<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng a<span class=\"_ _0\"></span>nd o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g of ow<span class=\"_ _0\"></span>n o<span class=\"_ _0\"></span>r le<span class=\"_ _0\"></span>ase<span class=\"_ _0\"></span>d r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c2 y3c9b wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c3 y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c4 y3c9b waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c9c ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c9d wc1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Propert<span class=\"_ _0\"></span>y de<span class=\"_ _3\"></span>velopment compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c5 y3c9d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c6 y3c9d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c7 y3c9d wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3c9e ff129 fs2 fc0 sc0 ls18f ws1ae\">Th<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>e Par<span class=\"_ _0\"></span>k Ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3c9f wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3c9f waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ca y3c9f wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ca0 ff129 fs2 fc0 sc0 ls18f ws1ae\">TP P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y S<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ca1 wc1c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cb y3ca1 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cc y3ca1 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cd y3ca1 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca2 wc1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Vale<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>te S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>re Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1870 y3ca2 wc1e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">O<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es no<span class=\"_ _0\"></span>t el<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1882 y3ca2 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ce y3ca2 wc08 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls5d ws6b\">30<span class=\"_ _0\"></span>\u2013Nov<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xce2 y3ca2 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">33.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca3 wc1f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Wes<span class=\"_ _0\"></span>t Ba<span class=\"_ _0\"></span>r Sq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3ca3 wc20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on of c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1959 y3ca3 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199c y3ca3 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199d y3ca3 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ca4 ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ton D<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>n Es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3be7 wb02 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsdf wsdb\">Residential proper<span class=\"_ _0\"></span>ty management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19cf y3be7 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d0 y3be7 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d1 y3be7 wb42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">100<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3ca5 ff128 fs2 fc0 sc0 ls14b ws42\">Country of incorporation:<span class=\"_ _c\"></span> H<span class=\"_ _0\"></span>ong K<span class=\"_ _3\"></span>ong<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3ca6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt As<span class=\"_ _0\"></span>ia L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3be9 wc21 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investment management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d2 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3be9 wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d4 y3be9 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3ca7 ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Ireland<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3ca8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>vat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3beb wc22 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n tra<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g and t<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>r se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ce<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d5 y3beb wc23 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls19 ws1a\">Ordinar<span class=\"_ _0\"></span>y <span class=\"_ _c\"></span>and <span class=\"_ _3\"></span>convertible<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d6 y3beb waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d7 y3beb wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ca9 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>na CN<span class=\"_ _0\"></span>Y B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d UC<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>TS E<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3bec wc24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d8 y3bec wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3bec wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d9 y3bec wc25 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">51.<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3caa ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG G<span class=\"_ _0\"></span>BP C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Bon<span class=\"_ _0\"></span>d 0<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5 Year U<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>S ET<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3bed wc24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d8 y3bed wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3bed wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19da y3bed wc26 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls154 ws174\">4<span class=\"_ _0\"></span>7.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3cab ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG G<span class=\"_ _0\"></span>BP C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Bon<span class=\"_ _0\"></span>d U<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>S ET<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3bee wc24 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d8 y3bee wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d3 y3bee wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19d9 y3bee wb33 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">31.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ba0 wc27 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG G<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Hig<span class=\"_ _0\"></span>h Yi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld Bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Ind<span class=\"_ _0\"></span>ex Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199e y3ba0 w3e2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls121 ws12d\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ba0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ba0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19db y3ba0 wc28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">41.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3cac ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>is Al<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ed Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3ba2 wc29 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls64 ws70\">CCF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19dc y3ba2 wb36 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19dd y3ba2 wad4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19de y3ba2 w9aa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">9<span class=\"_ _0\"></span>3.3<span class=\"_ _3ad\"> </span></div></td></tr></table>8<span class=\"_ _3ad\"> </span>9<span class=\"_ _3ad\"> </span>4<span class=\"_ _3ad\"> </span>10<span class=\"_ _3ad\"> </span>10<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>11<span class=\"_ _3ad\"> </span>12<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>5<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>14<span class=\"_ _3ad\"> </span>15<span class=\"_ _3ad\"> </span>16<span class=\"_ _3ad\"> </span>17<span class=\"_ _3ad\"> </span>17<span class=\"_ _3ad\"> </span>17<span class=\"_ _3ad\"> </span>18<span class=\"_ _3ad\"> </span>16<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 5 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>A 3<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span>4. <span class=\"_ _19\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es F<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>d Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ca<span class=\"_ _0\"></span>la H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e, 5<span class=\"_ _0\"></span>4 T<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>y, Su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>y, T<span class=\"_ _0\"></span>W18 3A<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span>8. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: T<span class=\"_ _0\"></span>he O<span class=\"_ _0\"></span>ld P<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>t O<span class=\"_ _0\"></span>ffi<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>sb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y, Br<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, BS<span class=\"_ _6\"></span>49 5<span class=\"_ _0\"></span>DY<span class=\"_ _3ad\"> </span>9. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: W<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Ha<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gt<span class=\"_ _0\"></span>on R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d, Wo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ter, Wo<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>R5 2<span class=\"_ _0\"></span>Z<span class=\"_ _6\"></span>X<span class=\"_ _3ad\"> </span>10. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Th<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>, 7 S<span class=\"_ _6\"></span>t Pa<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>s S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, N1C 4A<span class=\"_ _0\"></span>G<span class=\"_ _3ad\"> </span>1<span class=\"_ _3\"></span>1. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 4t<span class=\"_ _0\"></span>h Fl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r 1 A<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>l Way, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n, W<span class=\"_ _0\"></span>12 7SL<span class=\"_ _3ad\"> </span>12. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 6th F<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r La<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>own<span class=\"_ _0\"></span>e H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>y Sq<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>1J 6E<span class=\"_ _0\"></span>R<span class=\"_ _3ad\"> </span>13. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Eu<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pa H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>0 Es<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Sc<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>rb<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Yorks<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, YO11 2<span class=\"_ _0\"></span>AQ<span class=\"_ _3ad\"> </span>14. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Van<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge P<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>3 Ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, He<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>el H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, He<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Ki<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>P<span class=\"_ _0\"></span>2 7D<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span>15. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ro<span class=\"_ _0\"></span>om 9<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>, 9<span class=\"_ _0\"></span>th F<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>or, C<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>m T<span class=\"_ _3\"></span>owe<span class=\"_ _0\"></span>r, 3<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>37 C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t R<span class=\"_ _0\"></span>oad C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>, Ho<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Kon<span class=\"_ _0\"></span>g<span class=\"_ _3ad\"> </span>16. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 70 S<span class=\"_ _0\"></span>ir J<span class=\"_ _0\"></span>oh<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n Q<span class=\"_ _0\"></span>uay, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in 2<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>2 XK<span class=\"_ _0\"></span>09, I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 2 Gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n 2<span class=\"_ _0\"></span>, D0<span class=\"_ _0\"></span>2 A<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>18. I<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sh C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive A<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span><table class=\"s wc2a h1d3\" id=\"_6ab12e88-ec54-4abc-a096-261bbb06eba1\"><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3cad ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3cae ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3caf ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3cb0 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3cb1 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1844 y3cb1 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3cb1 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3cb2 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3cb3 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3cb4 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G E<span class=\"_ _0\"></span>SG U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>D Co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>te Bo<span class=\"_ _0\"></span>nd U<span class=\"_ _0\"></span>CI<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>S E<span class=\"_ _0\"></span>TF<span class=\"_ _3ad\"> </span></td><td></td><td></td><td class=\"c n x1878 y3cb5 wc24 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls103 ws110\">ETF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19df y3cb5 wadc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e0 y3cb5 wbbc h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e1 y3cb5 wc2b h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls74 wsea\">6<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb6 wc2c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fr<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>er M<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>ts Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x193e y3cb6 wc2d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls121 ws12d\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3cb6 wc2e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls74 wsea\">4<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb7 wc2f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al C<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d \u2013 UK<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1944 y3cb7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cb7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb8 wc31 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d 23<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x199e y3cb8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3cb8 w7d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb wsa\">75<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cb9 wc31 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d 33<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x199e y3cb9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cb9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cb9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3cb9 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cba wc32 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Bo<span class=\"_ _0\"></span>nd Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x19e2 y3cba wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cba waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cba wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cba wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cbb wc33 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ra<span class=\"_ _0\"></span>fi Mu<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>Fa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r Cli<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>te Trans<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1932 y3cbb wc34 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls64 ws70\">CCF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1514 y3cbb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x178a y3cbb wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e3 y3cbb w585 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">99.<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3cbc ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>s (Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td class=\"c n x1878 y3cbd wb7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e4 y3cbd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e5 y3cbd wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e6 y3cbd wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cbe wc35 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l QI<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>IF I<span class=\"_ _0\"></span>CAV<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1885 y3cbe wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cbe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cbe wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cbe wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cbf wc36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l UC<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>TS M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s (I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1908 y3cbf wb7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e7 y3cbf wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">O<span class=\"_ _0\"></span>rdinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x197f y3cbf wbbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1980 y3cbf wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc0 wc37 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M (I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>) R<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>k Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t So<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>s Pl<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x18b8 y3cc0 w51c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>any<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x198a y3cc0 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190d y3cc0 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e8 y3cc0 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc1 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc1 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc1 wb72 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cc1 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc1 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc1 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc1 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc2 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc2 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc2 wc39 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cc2 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc3 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc3 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc3 wc3b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">I<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3cc3 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc3 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc4 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc4 wc38 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>25<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cc4 wc3c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">R<span class=\"_ _0\"></span>eal Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cc4 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc5 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc5 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc5 wc3e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fix<span class=\"_ _0\"></span>ed Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cc5 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc6 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc6 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc6 wc3f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Infl<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188f y3cc6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc7 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc7 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc7 wc40 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Leve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Ind<span class=\"_ _0\"></span>ex L<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ee y3cc7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc8 w236 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc8 wc3d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc8 wc41 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Rea<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cc8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cc9 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cc9 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cc9 wc40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Lin<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ee y3cc9 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cc9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cc9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cc9 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cca w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cca wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cca wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cca wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cca waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cca wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cca wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccb w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccb wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ccb wc3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">I<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3ccb wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccc w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccc wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>35<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ccc wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199e y3ccc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccd w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccd wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>37<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ccd wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3ccd wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccd wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccd wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cce w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cce wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cce wc42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Leve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3cce wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cce waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cce wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cce wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ccf w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ccf wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3ccf wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3ccf wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ccf waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ccf wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ccf wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd0 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd0 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd0 wc3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>fl<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ef y3cd0 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd0 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd1 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd1 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd1 wc43 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cd1 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd1 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd2 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd2 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd2 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cd2 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd3 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd3 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd3 wc44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3cd3 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd3 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd4 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd4 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>42<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd4 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cd4 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd4 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd4 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd4 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd5 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd5 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd5 wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3cd5 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd5 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd5 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd5 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c19 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c19 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3c19 wc45 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">In<span class=\"_ _0\"></span>fla<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3c19 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c19 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c19 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c19 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd6 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd6 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd6 wc46 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ver<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3cd6 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd6 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd6 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd6 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd7 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd7 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cd7 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3cd7 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd7 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd7 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd7 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd8 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd8 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>47<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd8 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3cd8 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd8 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cd9 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cd9 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>49<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cd9 wc44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3cd9 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cd9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cd9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cd9 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cda w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cda wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cda wc39 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cda wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cda waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cda wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cda wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c97 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c97 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c97 wc3b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">I<span class=\"_ _0\"></span>nfl<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ec y3c97 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c97 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c97 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c97 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c99 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c99 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c99 wb72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">L<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed I<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ex L<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ked G<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3c99 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c99 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c99 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c9b w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c9b wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>50<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c9b wc3c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">R<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3c9b wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c9b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c9b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdb w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cdb wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3cdb wc47 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">F<span class=\"_ _0\"></span>ixe<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f0 y3cdb wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cdb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cdb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cdb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3c9f w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3c9f wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3c9f wc44 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed Gi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18f6 y3c9f wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3c9f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3c9f wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca1 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ca1 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ca1 wb4f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ed In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>ed Gi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3ca1 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ca1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ca1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ca1 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca2 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ca2 wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>55<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3ca2 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Re<span class=\"_ _0\"></span>al Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199e y3ca2 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ca2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ca2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3ca2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ca3 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3ca3 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3ca3 wc3e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>xed Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3ca3 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3ca3 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdc w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cdc wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cdc wc3f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Infl<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x188f y3cdc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cdc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be8 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3be8 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3be8 wc42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Leve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3be8 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3be8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3be8 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3be9 w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3be9 wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3be9 wc41 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Rea<span class=\"_ _0\"></span>l Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191c y3be9 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3be9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3be9 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bea w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3bea wc38 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>62<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ea y3bea wb4f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Li<span class=\"_ _0\"></span>nk<span class=\"_ _0\"></span>ed Gi<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1979 y3bea wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bea wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3beb w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3beb wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3beb wc42 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3beb wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3beb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3beb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdd w236 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e9 y3cdd wc3d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">20<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ed y3cdd wc40 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Ind<span class=\"_ _0\"></span>ex L<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d Gil<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ee y3cdd wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cdd wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cdd wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bed wc48 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d Liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y \u2013 Fun<span class=\"_ _0\"></span>d BM<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x19a5 y3bed wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bed wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bee wc49 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Cr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t an<span class=\"_ _0\"></span>d Liq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y \u2013 Fun<span class=\"_ _0\"></span>d BN<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1999 y3bee wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bee waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bee wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bee wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3bf0 wc4a h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Eu<span class=\"_ _0\"></span>ro 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>0 Re<span class=\"_ _0\"></span>al Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x19f1 y3bf0 wc3a h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3bf0 waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3bf0 wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3bf0 wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a wc4b h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Lo<span class=\"_ _0\"></span>ng Du<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td class=\"c n x1950 y312a wc30 h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y312a waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y312a wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y312a wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>17<span class=\"_ _3ad\"> </span>18<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>20<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span><table class=\"s wc4c h1d4\" id=\"_6b4d903c-201c-4c22-bea3-99d2a3fd7bae\"><tr><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3cde ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3cdf ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3ce0 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3ce1 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3ce2 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3ce2 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3ce2 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3ce3 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3ce4 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3ce5 wc4d h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Fi<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>d Sh<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t Du<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3ce5 wc30 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce6 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce6 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce6 wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce7 wc4e h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1984 y3ce7 wc30 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce7 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce7 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce7 wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce8 wc4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b8 y3ce8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce9 wc50 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>E<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x190b y3ce9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ce9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ce9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ce9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cea wc51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f2 y3cea wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cea waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cea wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cea wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ceb wc52 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AO<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3ceb wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cec waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cec wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cec wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ced wc53 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193e y3ced wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ced waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ced wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ced wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cee wc54 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f3 y3cee wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cee waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cee wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cee wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cef wc55 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AT<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3cef wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cef waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cef wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cef wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf0 wc56 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AW<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3cf0 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf1 wc57 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd AY<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3cf1 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf3 wc58 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd A<span class=\"_ _0\"></span>Z<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f4 y3cf3 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf3 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf4 wc59 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f5 y3cf4 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf5 wc5a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>G<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f3 y3cf5 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf6 wc5b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c0 y3cf6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf7 wc5c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b8 y3cf7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf9 wc5d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f6 y3cf9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cf9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cf9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cf9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfa wc5e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b2 y3cfa wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfa waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfa wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfa wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfb wc5f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3cfb wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfb wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfb wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfc wc60 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd BV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193f y3cfc wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfc wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfc wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfd wc61 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3cfd wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cfe waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cfe wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cfe wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cff wc62 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1977 y3cff wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cff waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cff wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cff wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d00 wc63 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f7 y3d00 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d00 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d00 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d00 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d01 wc05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>L<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3d01 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d01 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d01 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d01 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d02 wc64 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1925 y3d02 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d02 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d02 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d02 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d03 wc57 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a1 y3d03 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d04 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d04 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d04 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d05 wc65 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3d05 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d05 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d05 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d05 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d06 wc66 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>O<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3d06 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d06 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d06 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d06 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d07 wc67 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd L<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18dc y3d07 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d07 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d07 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d07 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d08 wc68 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd O<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f8 y3d08 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d08 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d08 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d08 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d09 wc68 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd Q<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f8 y3d09 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0a wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0b wc69 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd V<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f9 y3d0b wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAI<span class=\"_ _3\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0c wc6a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd W<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18c7 y3d0c wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0c wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0d wc6b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd W<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fa y3d0d wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0d wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0e wc6c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd W<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1856 y3d0e wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d0e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d0e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d0e wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0f wc6d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M He<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>ng Fu<span class=\"_ _0\"></span>nd Z<span class=\"_ _0\"></span>Z<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3d0f wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3c94 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3c94 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3c94 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d10 wc6e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt P<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19f1 y3d10 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d10 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d10 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d10 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d11 wc6f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d In<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>x Li<span class=\"_ _0\"></span>nke<span class=\"_ _0\"></span>d Gi<span class=\"_ _0\"></span>lt P<span class=\"_ _0\"></span>lu<span class=\"_ _0\"></span>s Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fb y3d11 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d11 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d11 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d11 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d12 wc70 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>yn<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1993 y3d12 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d12 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d12 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d12 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d13 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>yn<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fun<span class=\"_ _0\"></span>d \u2013 GBP C<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> </td><td class=\"t m1 xdd5 h11 y3d13 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d14 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d14 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d14 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d15 ff129 fs2 fc0 sc0 ls18f ws1ae\">He<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3d16 wc71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3d16 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d16 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d16 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d16 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d17 wc71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3d17 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d17 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d17 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d17 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d18 wc72 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1896 y3d18 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d18 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d18 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d18 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d19 wc71 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>03<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>39<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3d19 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ca3 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdc wc73 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Ma<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Bu<span class=\"_ _0\"></span>y &amp; Mai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ai<span class=\"_ _0\"></span>n Cre<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd 2<span class=\"_ _0\"></span>04<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>-2<span class=\"_ _0\"></span>05<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x191f y3cdc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cdc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1a w2f9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Dur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18be y3d1a wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1a wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1b wc74 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M Re<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Du<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1942 y3d1b wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1b wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1c wc75 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd AO<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fd y3d1c wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAI<span class=\"_ _3\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1c wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1c wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1d wc76 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ac y3d1d wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3beb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3beb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cdd wc77 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1928 y3cdd wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3cdd wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3cdd wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1e wbfe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd B<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1934 y3d1e wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1e wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d1f wc78 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd BW<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ac y3d1f wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d1f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d1f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d1f wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d20 wc79 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd BX<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3d20 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3d20 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d20 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d20 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d21 wc7a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fe y3d21 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1857 y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3ba2 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 2 Gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n 2<span class=\"_ _0\"></span>, D0<span class=\"_ _0\"></span>2 A<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>42<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>18. I<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>sh C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive A<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le<span class=\"_ _3ad\"> </span>19. Q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r A<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span>20. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 1 U<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Gr<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d C<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>al S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in 4<span class=\"_ _0\"></span>, I<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span><table class=\"s wc7b h1d5\" id=\"_ce3bc0f6-efc1-4b9c-9029-28bb01841cd4\"><tr><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3d22 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3d23 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3d24 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3d25 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3d26 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1844 y3d26 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3d26 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3d27 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3d28 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3d29 wc7c h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192e y3d29 wc30 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d2a waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d2a wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d2a wacd h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d2b wc7d h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19b3 y3d2b wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d2b waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d2b wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d2b wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce6 wc79 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1907 y3ce6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce7 wc7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>G<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ff y3ce7 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce8 wc7f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1984 y3ce8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ce9 wc80 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193f y3ce9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ce9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ce9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ce9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cea wc81 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>Q<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18d9 y3cea wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cea waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cea wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cea wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cec wc82 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>S<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18ea y3cec wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cec waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cec wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cec wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3ced wc83 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1862 y3ced wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3ced waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3ced wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3ced wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cee wc84 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd C<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x192d y3cee wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cee waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cee wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cee wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cef wc85 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b0 y3cef wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cef waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cef wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cef wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf0 wc86 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>E<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19eb y3cf0 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf2 wc87 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b1 y3cf2 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf3 wc88 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3cf3 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf3 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf4 wc89 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1912 y3cf4 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf5 wc8a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a00 y3cf5 wc3a h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf6 wc88 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x195b y3cf6 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf6 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf8 wc8b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>Q<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1971 y3cf8 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf8 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cf9 wc8c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>R<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1885 y3cf9 wc30 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cf9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cf9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cf9 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfa wc8d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd D<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a01 y3cfa wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">Q<span class=\"_ _3\"></span>IAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfa waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfa wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfa wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfb wc8e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DV<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1999 y3cfb wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfb wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfc wc8f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DW<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18b0 y3cfc wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfc wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cfe wc90 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DY<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1922 y3cfe wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cfe waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cfe wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cfe wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3cff wc91 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd DZ<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19fc y3cff wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3cff waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3cff wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3cff wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d00 wc92 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a02 y3d00 wc3a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAI<span class=\"_ _3\"></span>F<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d00 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d00 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d00 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d01 wc93 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd EG<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1865 y3d01 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d01 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d01 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d01 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d02 wc94 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a8 y3d02 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d02 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d02 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d02 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d04 wc95 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd E<span class=\"_ _0\"></span>I<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1908 y3d04 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d04 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d04 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d04 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d05 wc96 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns Fu<span class=\"_ _0\"></span>nd M<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1865 y3d05 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d05 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d05 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d05 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d06 wc97 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M S<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c Lev<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d Cr<span class=\"_ _0\"></span>ed<span class=\"_ _0\"></span>it Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x194c y3d06 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d06 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d06 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d06 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d07 wc98 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGI<span class=\"_ _0\"></span>M U<span class=\"_ _0\"></span>nl<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>ed D<span class=\"_ _0\"></span>efe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>yn<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>tic E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1937 y3d07 wc30 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls39 ws1c\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d07 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d07 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d07 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d08 wc99 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Li<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y Fund<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x18a9 y3d08 wb05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d08 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d08 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a03 y3d08 wc9a h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls7b ws89\">5<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d0a wc9b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">US D<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r Liq<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a04 y3d0a wb05 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls14b ws167\">OEIC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1899 y3d0a waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d0a wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189b y3d0a w38c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">4<span class=\"_ _0\"></span>3.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h1b y3d2c ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Japan<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d2d ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ja<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>n K<span class=\"_ _0\"></span>K<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d0c wc21 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Investment management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a05 y3d0c waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e0 y3d0c wbbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a06 y3d0c wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h1b y3d2e ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Jerse<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d2f ff129 fs2 fc0 sc0 ls18f ws1ae\">Ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Ge<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>al Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d0e wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a07 y3d0e wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a08 y3d0e waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a09 y3d0e w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d30 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g T<span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>rm Pr<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>nd G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3c94 wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a07 y3c94 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a08 y3c94 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a09 y3c94 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d31 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d10 wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0a y3d10 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d10 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0c y3d10 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d32 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>es N<span class=\"_ _0\"></span>o 1 Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d11 wc9d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls12c ws12c\">Real estate<span class=\"_ _3\"></span> operator<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3d11 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3d11 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0f y3d11 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d33 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bi<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>sg<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>e Lon<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>es N<span class=\"_ _0\"></span>o 2 Lim<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d12 wc9d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls12c ws12c\">Real estate<span class=\"_ _3\"></span> operator<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3d12 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3d12 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0f y3d12 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d34 ff129 fs2 fc0 sc0 ls18f ws1ae\">Bo<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>mw<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>d Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Un<span class=\"_ _0\"></span>it Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d14 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a10 y3d14 wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d14 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a11 y3d14 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d35 ff129 fs2 fc0 sc0 ls18f ws1ae\">SC<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>D S6 Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d36 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a10 y3d36 wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d36 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a11 y3d36 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c x1e5 y3d37 wc9e h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sey U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t</div><div class=\"t m1 x1a12 hc2 y3bac ff12b fs27 fc0 sc0 ls19d ws1bd\">24<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1878 y3d37 wb1d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls37 ws122\">Unit t<span class=\"_ _3\"></span>rust<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a10 y3d37 wb28 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf wsdb\">U<span class=\"_ _0\"></span>nit<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0b y3d37 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a11 y3d37 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d38 ff129 fs2 fc0 sc0 ls18f ws1ae\">Van<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d39 wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a07 y3d39 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a08 y3d39 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a09 y3d39 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d3a ff129 fs2 fc0 sc0 ls18f ws1ae\">Van<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ge Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y3d3b wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19df y3d3b wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a13 y3d3b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a14 y3d3b wc9f h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">11<span class=\"_ _0\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h1b y3d3c ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Lux<span class=\"_ _3\"></span>embourg<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d3d ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G A<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d3e ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d3f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d3f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a15 y3d3f wca0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls154 ws174\">8<span class=\"_ _0\"></span>7.<span class=\"_ _6\"></span>6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d40 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G A<span class=\"_ _0\"></span>bs<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>e Re<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>rn B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Pl<span class=\"_ _0\"></span>us Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d41 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d42 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d42 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a03 y3d42 wca1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">3<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d43 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G A<span class=\"_ _0\"></span>lt<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve Ri<span class=\"_ _0\"></span>sk P<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>a Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d44 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d45 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d45 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d45 wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d46 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Bu<span class=\"_ _0\"></span>y &amp; Ma<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>in C<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d47 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d48 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d48 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a15 y3d48 wca0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls154 ws174\">9<span class=\"_ _6\"></span>7.<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d49 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d4a ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d4b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d4b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a15 y3d4b wca2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd9 ws1af\">7<span class=\"_ _6\"></span>1.1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d4c ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s Hig<span class=\"_ _0\"></span>h Y<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>ld B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d4d ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d4e waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d4e wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d4e wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d4f ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ma<span class=\"_ _0\"></span>rk<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>s Inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Gr<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>de Ha<span class=\"_ _0\"></span>rd C<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>cy<span class=\"_ _0\"></span> </td><td class=\"t m1 x86e h11 y3d50 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3b9d waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3b9d wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3b9d wacd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d51 ff129 fs2 fc0 sc0 ls18f ws1ae\">Co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec h11 y3d52 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Eu<span class=\"_ _0\"></span>ro H<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>h Yi<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>d Bo<span class=\"_ _0\"></span>nd Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d52 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y3d53 waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y3d53 wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y3d53 wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3d54 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Fu<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re Wo<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>d Gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Fo<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>s Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x86e h11 y3d55 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1899 y312a waca h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x189a y312a wacb h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19a0 y312a wacd h1cf\"><div class=\"t m1 x1e4 h11 y3bef ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr></table>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>21<span class=\"_ _3ad\"> </span>22<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>24<span class=\"_ _3ad\"> </span>22<span class=\"_ _3ad\"> </span>22<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span><table class=\"s wca3 h1d6\" id=\"_ed37a62d-28ba-4b01-8aaa-c5cd6d80cc88\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x2b5 h1b y3d56 ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1842 h1b y3d57 ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x409 h1b y3d58 ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3d59 ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3d5a wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x1844 y3d5a wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3d5a wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x451 h1b y3d5b ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3d5c ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y3d5d ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Gl<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Div<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed C<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d5e ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d5f waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d5f wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a16 y3d5f wc9a h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls7b ws89\">7<span class=\"_ _0\"></span>1.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d60 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro G<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>ba<span class=\"_ _0\"></span>l Co<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>te Bo<span class=\"_ _0\"></span>nd Fu<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d61 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d62 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d62 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19db y3d62 wc28 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls7b ws89\">61.2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d63 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G Ne<span class=\"_ _0\"></span>t Ze<span class=\"_ _0\"></span>ro S<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t Da<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ate B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d64 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d65 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d65 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d65 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d66 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Co<span class=\"_ _0\"></span>re Pl<span class=\"_ _0\"></span>us B<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d67 ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d68 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d68 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d68 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d69 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>S Hig<span class=\"_ _0\"></span>h Yi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ld Bo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Fun<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"t m1 xdd5 h11 y3d6a ff129 fs2 fc0 sc0 ls121 ws12d\">S<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _3ad\"> </span></td><td class=\"c n x1857 y3d6b waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1923 y3d6b wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1924 y3d6b wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3d6c ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: Scotland<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3d6d wca4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a17 y3d6d wca5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">199<span class=\"_ _0\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a18 y3d6d wa45 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d</div></td><td class=\"t m1 x1a19 hc2 y3d6e ff129 fs27 fc0 sc0 ls19f ws1bf\">27<span class=\"_ _3ad\"> </span></td><td class=\"c n x1846 y3d6f wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d6f waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3d6f waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1a y3d6f wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d70 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d71 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d71 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d71 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d71 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d72 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>Ea<span class=\"_ _0\"></span>st) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d73 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d73 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d73 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d73 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d74 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>No<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d75 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d75 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d75 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d75 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d76 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (S<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d77 waf1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Non-trading company<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1b y3d77 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1c y3d77 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1d y3d77 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d78 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es (<span class=\"_ _0\"></span>We<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d79 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d79 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d79 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d79 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d7a ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A H<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d7b wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d7b wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d7b wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d7b w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d7c ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (B<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d7d wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d7d wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d7d wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d7d w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d7e ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d7f wb4f h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">De<span class=\"_ _0\"></span>vel<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g pro<span class=\"_ _0\"></span>je<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3d7f wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1901 y3d7f wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1902 y3d7f wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d80 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d81 wa6e h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">He<span class=\"_ _0\"></span>ad offi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185d y3d81 wb36 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1e y3d81 wade h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a1f y3d81 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d82 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d83 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d83 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d83 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d83 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d84 ff129 fs2 fc0 sc0 ls18f ws1ae\">CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d85 wadb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>c bui<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3d85 wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185b y3d85 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185c y3d85 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d86 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es (Ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y) GP LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d87 wb4c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a20 y3d87 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partne<span class=\"_ _0\"></span>rship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a21 y3d87 wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a22 y3d87 wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d88 ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es (Ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>y) LP<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d89 wbc7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3d89 wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ba y3d89 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bb y3d89 wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d8a ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es GP L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d8b wb4c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d lia<span class=\"_ _0\"></span>bi<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a20 y3d8b wafe h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Partne<span class=\"_ _0\"></span>rship<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a21 y3d8b wad0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a22 y3d8b wb51 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d8c ff129 fs2 fc0 sc0 ls18f ws1ae\">L&amp;<span class=\"_ _0\"></span>G U<span class=\"_ _0\"></span>K Un<span class=\"_ _0\"></span>ive<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>es LP<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d8d wbc7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Limited p<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1900 y3d8d wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ba y3d8d waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bb y3d8d wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d8e ff129 fs2 fc0 sc0 ls18f ws1ae\">UK P<span class=\"_ _0\"></span>IF FG<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d8f wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a23 y3d8f wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a24 y3d8f waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a25 y3d8f w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3d90 wca6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">UK P<span class=\"_ _0\"></span>IF Two Foun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x18ad y3d90 wca7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fu<span class=\"_ _0\"></span>nd g<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1871 y3d90 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a26 y3d90 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x193a y3d90 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d91 ff129 fs2 fc0 sc0 ls18f ws1ae\">UK P<span class=\"_ _0\"></span>IF Two Foun<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>er G<span class=\"_ _0\"></span>P Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d92 wc9c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fun<span class=\"_ _0\"></span>d ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>al pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a23 y3d92 wafe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsf5 ws103\">Par<span class=\"_ _0\"></span>tnership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a24 y3d92 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a25 y3d92 w294 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h1b y3d93 ff128 fs2 fc0 sc0 lsd8 ws41\">Country of incorporat<span class=\"_ _3\"></span>ion: USA<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3d94 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 150 Ric<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nd H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d95 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d95 wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3d95 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3d95 w7e4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">98.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3d96 ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3d97 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 150 Ric<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>nd J<span class=\"_ _0\"></span>V, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d98 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d98 wca9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s A and B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3d98 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ca y3d98 w49d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">9<span class=\"_ _0\"></span>8.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3d99 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 265 S<span class=\"_ _0\"></span>. Or<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e Hol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d9a wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d9a wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3d9a wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3d9a w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3d9b ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3d9c ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a 265 S<span class=\"_ _0\"></span>. Or<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e JV, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3d9d wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3d9d wca9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s A and B<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3d9e wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3d9e w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3d9f ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership </td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3da0 ff12b fs2 fc0 sc0 ls5d ws6b\">Inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3da1 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mu<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t CD<span class=\"_ _0\"></span>E LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da2 wadf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Do<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>t co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x185a y3da2 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1860 y3da2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a27 y3da2 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da3 ff129 fs2 fc0 sc0 lsd8 ws13e\">Ancora Inv<span class=\"_ _3\"></span>estments LL<span class=\"_ _3\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da4 wcaa h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls18f ws3\">Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of r<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>l es<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>te i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a28 y3da4 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a29 y3da4 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2a y3da4 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da5 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a L&amp;<span class=\"_ _0\"></span>G<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da6 wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3da6 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c9 y3da6 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19ca y3da6 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da7 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3da8 wcab h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>on of m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt se<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2b y3da8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2c y3da8 waee h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2d y3da8 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3da9 ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a TE<span class=\"_ _0\"></span>P Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3daa wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3daa wcac h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary share<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3daa wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3daa w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3dab ff129 fs2 fc0 sc0 ls12c ws81\">capital<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3dac ff129 fs2 fc0 sc0 ls18f ws1ae\">An<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>a TE<span class=\"_ _0\"></span>P J<span class=\"_ _0\"></span>V LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3dad wafd h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c8 y3dad wcad h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s A and Cl<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3dad wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1872 y3dad w585 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls11d wsd9\">9<span class=\"_ _0\"></span>9.8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3dae ff12b fs2 fc0 sc0 ls18f ws3\">B sh<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3daf ff129 fs2 fc0 sc0 ls18f ws1ae\">Ba<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r Lif<span class=\"_ _0\"></span>e Ins<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3b98 wcae h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19bf y3b98 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19c0 y3b98 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2e y3b98 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db0 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ch<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>ke Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3b99 wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3b99 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3b99 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3b99 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db1 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-1, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3b9a wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3b9a wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3b9a wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3b9a wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db2 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-2<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3db3 wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3db3 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3db3 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3db3 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db4 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3db5 wbf4 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a2f y3db5 wadc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a30 y3db5 wade h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a31 y3db5 wad5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3db6 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3db7 wcaf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls12c ws81\">Funding v<span class=\"_ _3\"></span>ehicle<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a32 y3db7 wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3db7 wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3db7 wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3db8 ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr><tr><td class=\"t m1 x229 h11 y3db9 ff129 fs2 fc0 sc0 ls18f ws1ae\">FB<span class=\"_ _0\"></span>V Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>, LL<span class=\"_ _0\"></span>C<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1846 y3dba wcaf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls12c ws81\">Funding v<span class=\"_ _3\"></span>ehicle<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a32 y3dba wca8 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">Membership<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3f7 y3dba wad0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x184e y3dba wad1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x5e3 h11 y3dbb ff12b fs2 fc0 sc0 ls5d ws6b\">inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts </td><td></td><td></td></tr></table>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>26<span class=\"_ _3ad\"> </span>27<span class=\"_ _3ad\"> </span>28<span class=\"_ _3ad\"> </span>28<span class=\"_ _3ad\"> </span>28<span class=\"_ _3ad\"> </span>28<span class=\"_ _3ad\"> </span>28<span class=\"_ _3ad\"> </span>27<span class=\"_ _3ad\"> </span>27<span class=\"_ _3ad\"> </span>27<span class=\"_ _3ad\"> </span>27<span class=\"_ _3ad\"> </span>27<span class=\"_ _3ad\"> </span>29<span class=\"_ _3ad\"> </span>29<span class=\"_ _3ad\"> </span>29<span class=\"_ _3ad\"> </span>29<span class=\"_ _3ad\"> </span>29<span class=\"_ _3ad\"> </span>29<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>32<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>6. <span class=\"_ _19\"> </span>Op<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n En<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny<span class=\"_ _3ad\"> </span>19. Q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r A<span class=\"_ _0\"></span>lte<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve I<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span>21. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 22<span class=\"_ _0\"></span>F Tora<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n Ko<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ra Tower, 1-2<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>8 Tora<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Mi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>to<span class=\"_ _6\"></span>-<span class=\"_ _0\"></span>ku<span class=\"_ _0\"></span>, Tok<span class=\"_ _0\"></span>yo, 10<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>1, Jap<span class=\"_ _0\"></span>an<span class=\"_ _3ad\"> </span>22<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1<span class=\"_ _3\"></span>1-1<span class=\"_ _3\"></span>5 S<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sey, J<span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>4 0Q<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span>23<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 12 Cas<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E2 3<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Li<span class=\"_ _0\"></span>me G<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ove H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, G<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>en S<span class=\"_ _6\"></span>tre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t He<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E1 2<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>T<span class=\"_ _3ad\"> </span>25<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 2-<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, R<span class=\"_ _0\"></span>ue E<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>ne R<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Lu<span class=\"_ _0\"></span>xe<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>, L<span class=\"_ _3\"></span>-24<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>3 L<span class=\"_ _0\"></span>uxe<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _3ad\"> </span>26. S<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>\u00e9<span class=\"_ _0\"></span>t\u00e9 d<span class=\"_ _0\"></span>\u2019i<span class=\"_ _0\"></span>nve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t \u00e0 ca<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>al va<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span>27<span class=\"_ _3\"></span>. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Ad<span class=\"_ _0\"></span>am H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 5 M<span class=\"_ _0\"></span>id N<span class=\"_ _0\"></span>ew C<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s, E<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>nb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, EH11 4D<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span>28<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Jo<span class=\"_ _0\"></span>hn<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>e H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 52<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4 Ro<span class=\"_ _0\"></span>se S<span class=\"_ _6\"></span>tre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Ab<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>B10 1HA<span class=\"_ _3ad\"> </span>29. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 50 L<span class=\"_ _0\"></span>ot<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>an R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Fes<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>iva<span class=\"_ _0\"></span>l S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e, E<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>, EH<span class=\"_ _0\"></span>3 9W<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span>30<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 108 L<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd Av<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e, D<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r, Ke<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, DE 199<span class=\"_ _0\"></span>01, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>31. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 85<span class=\"_ _0\"></span>0 N<span class=\"_ _0\"></span>ew B<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Su<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te 20<span class=\"_ _0\"></span>1, Dove<span class=\"_ _0\"></span>r, De<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, 1990<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>32<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1701 Re<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ch B<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ul<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>, R<span class=\"_ _0\"></span>oc<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ill<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ma<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>, 2<span class=\"_ _0\"></span>08<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>0, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span><table class=\"s wc7b h1d7\" id=\"_a85f1817-d901-43a8-9f27-f172b0e7a8d7\"><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x241 h1b y3dbc ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x16eb h1b y3dbd ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td class=\"t m1 x4a9 h1b y3dbe ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1876 h1b y3dbf ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y3dc0 wac6 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></div></td><td></td><td></td><td></td><td class=\"c n x1844 y3dc0 wac7 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Nature<span class=\"_ _3\"></span> of business<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1845 y3dc0 wac8 h13d\"><div class=\"t m1 x1e4 h62 y3230 ff12a fs2 fc0 sc0 ls3a ws46\">Share<span class=\"_ _3\"></span> class<span class=\"_ _3ad\"> </span></div></td><td class=\"t m1 x1877 h1b y3dc1 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xc2f h1b y3dc2 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec h11 y3dc3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Br<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sh Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny II<span class=\"_ _0\"></span>, Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dc4 wac9 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3dc4 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3dc4 wacb h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a33 y3dc4 w294 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dc5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Br<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sh Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny II<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>, Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dc6 wac9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3dc6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3dc6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a33 y3dc6 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dc7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Fi<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>t Br<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>sh Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Rei<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny IV L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dc8 wac9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Reinsurance<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0d y3dc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a0e y3dc8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a33 y3dc8 w294 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dc9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Gl<span class=\"_ _0\"></span>ob<span class=\"_ _0\"></span>al In<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>ex Ad<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>rs I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dca wcb0 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Investment<span class=\"_ _3\"></span> advisory<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a34 y3dca wadc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a35 y3dca wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a36 y3dca wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dcb ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ca I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dcc wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dcc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dcc waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dcc wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dcd ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt A<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>a In<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dce wb7e h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 lsdf ws46\">Institutional fund management<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e4 y3dce waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e5 y3dce wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x19e6 y3dce wad5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _6\"></span>0.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dcf ff129 fs2 fc0 sc0 ls18f ws1ae\">Le<span class=\"_ _0\"></span>ga<span class=\"_ _0\"></span>l &amp; Gen<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Inv<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>tes<span class=\"_ _0\"></span> </td><td></td><td></td><td></td><td class=\"c n x1878 y3dd0 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dd0 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dd0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd1 ff129 fs2 fc0 sc0 ls18f ws1ae\">(H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s), In<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3dd2 wbd5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y3dd2 wbd6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">150<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1998 y3dd2 wcb1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ri<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>hm<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d US H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>, LLC<span class=\"_ _3ad\"> </span></div></td><td></td><td class=\"c n x1878 y3dd2 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd2 wcb2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Me<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3a y3dd2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3b y3dd2 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32a4 wbd5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1997 y32a4 wbd9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">26<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x199a y32a4 wcb3 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">S. O<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e U<span class=\"_ _0\"></span>S Hol<span class=\"_ _0\"></span>dc<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>, LLC</div></td><td class=\"t m1 x1a3c hc2 y3dd3 ff129 fs27 fc0 sc0 ls1a2 ws1c2\">30<span class=\"_ _3ad\"> </span></td><td class=\"c n x1878 y32a4 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y32a4 wcb2 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Me<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3a y32a4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3b y32a4 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd4 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC U<span class=\"_ _0\"></span>S Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co 1 In<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dd5 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dd5 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dd5 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd6 ff129 fs2 fc0 sc0 ls18f ws1ae\">LGC U<span class=\"_ _0\"></span>S Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>co 2 L<span class=\"_ _0\"></span>LC<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3dd7 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3dd7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3dd7 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3dd7 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Po<span class=\"_ _0\"></span>tom<span class=\"_ _0\"></span>ac Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es N<span class=\"_ _0\"></span>um<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 1 In<span class=\"_ _0\"></span>c.<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y3bf0 wafd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Holding compan<span class=\"_ _3\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a37 y3bf0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a38 y3bf0 waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a39 y3bf0 wacd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec h11 y3dd9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>m Pen<span class=\"_ _0\"></span>n Li<span class=\"_ _0\"></span>fe In<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>ny of N<span class=\"_ _0\"></span>ew York In<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td class=\"c n x1878 y312a wcae h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Lo<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>m bu<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ss<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3d y312a waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3e y312a wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a3f y312a wad1 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></div></td></tr></table>33<span class=\"_ _3ad\"> </span>31<span class=\"_ _3ad\"> </span>34<span class=\"_ _3ad\"> </span>35<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>36<span class=\"_ _3ad\"> </span>30<span class=\"_ _3ad\"> </span>37<span class=\"_ _3ad\"> </span>38<span class=\"_ _3ad\"> </span>(ii) Ass<span class=\"_ _3\"></span>ociates and<span class=\"_ _3\"></span> Joint V<span class=\"_ _c\"></span>e<span class=\"_ _0\"></span>ntures<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has the fol<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>ed as asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch have be<span class=\"_ _0\"></span>en in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>ed as fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>,<span class=\"_ _3ad\"> </span>an<span class=\"_ _0\"></span>d inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts in asso<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>ates an<span class=\"_ _0\"></span>d join<span class=\"_ _0\"></span>t ven<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>es ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for usin<span class=\"_ _0\"></span>g the equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y meth<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>. The gr<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>s asse<span class=\"_ _0\"></span>ts of these c<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>pan<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>s are in par<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>by bor<span class=\"_ _0\"></span>row<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs whi<span class=\"_ _0\"></span>ch ar<span class=\"_ _0\"></span>e non<span class=\"_ _0\"></span>-<span class=\"_ _6\"></span>rec<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>se to the Gro<span class=\"_ _0\"></span>up.<span class=\"_ _3ad\"> </span>Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span>Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span>incorporation<span class=\"_ _3ad\"> </span>Accounting<span class=\"_ _3ad\"> </span>treatment<span class=\"_ _3ad\"> </span>Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span>type<span class=\"_ _3ad\"> </span>Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>reporting<span class=\"_ _3ad\"> </span>date<span class=\"_ _3ad\"> </span>Share<span class=\"_ _3ad\"> </span>class<span class=\"_ _3ad\"> </span>% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>shares held<span class=\"_ _3ad\"> </span>by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oad (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>l Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted P<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tne<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 1 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 Ha<span class=\"_ _0\"></span>mm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>th R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d Nom<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>e 2 Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>24<span class=\"_ _0\"></span>5 HR G<span class=\"_ _0\"></span>P LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _cb\"> </span></span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Ac<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>ss D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span>2<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _59\"> </span>J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Am<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Mea<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>ws Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013A<span class=\"_ _0\"></span>u<span class=\"_ _6\"></span>g<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Au<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>in He<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>th Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Bl<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wor<span class=\"_ _6\"></span>th Hi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>s Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">0<span class=\"_ _6\"></span>1\u2013S<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t<span class=\"_ _3ad\"> </span>4,5<span class=\"_ _3ad\"> </span>Jersey<span class=\"_ _78\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"ls18f ws1ae\">Joi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _e8\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _95\"> </span><span class=\"ff12b lsdf wsdb\">U<span class=\"_ _0\"></span>nits<span class=\"_ _79\"> </span></span><span class=\"ls74 wsea\">5<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span></span>Jo<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>t Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Br<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>wo<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d Sc<span class=\"_ _0\"></span>iTec<span class=\"_ _0\"></span>h Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>6<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _37c\"> </span><span class=\"ls19 ws1a\">30<span class=\"_ _0\"></span>\u2013S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>p<span class=\"_ _e1\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">42<span class=\"_ _0\"></span>.0<span class=\"_ _3ad\"> </span></span></span></span></span>CA<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>A Ev<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>s Res<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>7<span class=\"_ _3ad\"> </span>Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _1c3\"> </span><span class=\"ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></span></span></span></span>Co<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ca L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>8<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _25\"> </span><span class=\"ls154 ws174\">7.<span class=\"_ _0\"></span>5<span class=\"_ _3ad\"> </span></span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>EC<span class=\"_ _0\"></span>V Par<span class=\"_ _6\"></span>tn<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip<span class=\"_ _0\"></span>s War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>El<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>swe<span class=\"_ _0\"></span>ll M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>h Ci<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es Fu<span class=\"_ _0\"></span>nd<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _61\"> </span><span class=\"ff12b lsf5 ws103\">Partnership<span class=\"_ _79\"> </span></span><span class=\"ls120 ws15a\">35.4<span class=\"_ _3ad\"> </span></span></span></span></span>Gi<span class=\"_ _0\"></span>ff<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d Le<span class=\"_ _0\"></span>a Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Al<span class=\"_ _0\"></span>ne P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>eh<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ld Ca<span class=\"_ _0\"></span>pi<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>al P<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>9<span class=\"_ _3ad\"> </span>Australia<span class=\"_ _16c\"> </span><span class=\"ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span><span class=\"lsd8 ws13e\">Associ<span class=\"_ _3\"></span>ate <span class=\"_ _fe\"> </span><span class=\"ls37 ws44\">30\u2013Jun<span class=\"_ _c9\"> </span><span class=\"lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _c5\"> </span><span class=\"lsd9 ws1af\">3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>.1<span class=\"_ _3ad\"> </span></span></span></span></span></span>ID<span class=\"_ _0\"></span>LG GP<span class=\"_ _3ad\"> </span>10<span class=\"_ _3ad\"> </span>Singapore<span class=\"_ _b6\"> </span><span class=\"lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _3\"></span> <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">35.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>pa<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>A GP<span class=\"_ _3ad\"> </span>11<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">40.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Im<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e Mo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tg<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed (G<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Ho<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e)<span class=\"_ _3ad\"> </span>12<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate <span class=\"_ _fe\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls47 ws52\">18<span class=\"_ _0\"></span>.9<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ka<span class=\"_ _0\"></span>o Dat<span class=\"_ _0\"></span>a Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>13<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _79\"> </span><span class=\"lsb9 wsc9\">30.0<span class=\"_ _3ad\"> </span></span></span></span></span></span>Ke<span class=\"_ _0\"></span>nsa G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>up L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>14<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span><span class=\"lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _53\"> </span><span class=\"lsd8 ws13e\">Associate<span class=\"_ _1f2\"> </span><span class=\"ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _c5\"> </span><span class=\"ls154 ws174\">3<span class=\"_ _6\"></span>7.<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></span></span></span></span></span>Le<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Ga<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>ns M<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>LGH<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>IV<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>D JV L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _e8\"> </span><span class=\"ff12b ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _6\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _cf\"> </span></span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span>Mi<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>d Gre<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _c3\"> </span>E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _d8\"> </span>Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _215\"> </span><span class=\"ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _cf\"> </span><span class=\"lsf5 ws103\">Ordinary<span class=\"_ _cb\"> </span><span class=\"lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></span></span></span>30<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 108 L<span class=\"_ _0\"></span>ake<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>nd Av<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>e, D<span class=\"_ _0\"></span>ove<span class=\"_ _0\"></span>r, Ke<span class=\"_ _0\"></span>nt C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, DE 199<span class=\"_ _0\"></span>01, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>31. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 85<span class=\"_ _0\"></span>0 N<span class=\"_ _0\"></span>ew B<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on R<span class=\"_ _0\"></span>oa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Su<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te 20<span class=\"_ _0\"></span>1, Dove<span class=\"_ _0\"></span>r, De<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, 1990<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>33<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>h Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, 100 B<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>k S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t, S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>e 61<span class=\"_ _3\"></span>0<span class=\"_ _0\"></span>, Bu<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n, V<span class=\"_ _6\"></span>T, 05<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>02<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>34<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ma<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>h Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt S<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>es I<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>., 4<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>3 M<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tai<span class=\"_ _0\"></span>n V<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w Dr<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ve, S<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>e 30<span class=\"_ _0\"></span>1, 3rd F<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r, Co<span class=\"_ _0\"></span>lc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, Ver<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t 05<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>4<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span>35<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 29 N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th P<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>k S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>te.<span class=\"_ _0\"></span>20<span class=\"_ _0\"></span>1, Mar<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>, GA<span class=\"_ _6\"></span>, 30<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>36<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Co<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on Tru<span class=\"_ _0\"></span>st C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, 120<span class=\"_ _0\"></span>9 Or<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, W<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Ne<span class=\"_ _0\"></span>w Ca<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>E<span class=\"_ _0\"></span>, 1980<span class=\"_ _0\"></span>1, US<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>37<span class=\"_ _3\"></span>. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 35<span class=\"_ _0\"></span>0<span class=\"_ _0\"></span>0 S<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>h Du<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Hi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>way, C<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y o<span class=\"_ _0\"></span>f Dov<span class=\"_ _0\"></span>er, C<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y of Ke<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>law<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e 1990<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span>38<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 100 Q<span class=\"_ _0\"></span>ue<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>t Bl<span class=\"_ _0\"></span>vd<span class=\"_ _0\"></span>, P<span class=\"_ _0\"></span>O Box 5<span class=\"_ _0\"></span>19, Gar<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n Ci<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y N<span class=\"_ _0\"></span>ew Yor<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, 11<span class=\"_ _c\"></span>5<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>0, U<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span><table class=\"s wcb4 h1d8\" id=\"_1a0f56c3-f991-41fa-9ba7-11a926caa132\"><tr><td></td><td></td><td></td><td></td><td class=\"t m1 x673 h1b y3dda ff128 fs2 fc0 sc0 ls74 wsea\">Ye<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span> e<span class=\"_ _6\"></span>n<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1842 h1b y3ddb ff128 fs2 fc0 sc0 ls4 ws3\">% of e<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x2be h62 y3ddc ff12a fs2 fc0 sc0 ls4 ws3\">Co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ry o<span class=\"_ _0\"></span>f<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddc ff12a fs2 fc0 sc0 ls114 wsa1\">Accounting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddc ff12a fs2 fc0 sc0 ls172 ws18f\">Inv<span class=\"_ _3\"></span>estment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y3ddd ff128 fs2 fc0 sc0 ls35 ws42\">reporting<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x6c7 h1b y3ddd ff128 fs2 fc0 sc0 ls114 wsa1\">Share<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1843 h1b y3dde ff128 fs2 fc0 sc0 ls114 wsa1\">shares held<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h62 y3ddf ff12a fs2 fc0 sc0 ls35 ws42\">Company<span class=\"_ _3\"></span> name<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x2be h62 y3ddf ff12a fs2 fc0 sc0 ls114 wsa1\">incorporation<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xee5 h62 y3ddf ff12a fs2 fc0 sc0 ls3a ws46\">treatment<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5d1 h62 y3ddf ff12a fs2 fc0 sc0 ls132 ws12c\">type<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x458 h1b y3de0 ff128 fs2 fc0 sc0 ls64 ws70\">date<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5ba h1b y3de0 ff128 fs2 fc0 sc0 ls35 ws42\">class<span class=\"_ _3ad\"> </span></td><td class=\"t m1 xcb1 h1b y3de1 ff128 fs2 fc0 sc0 ls4 ws3\">by t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x229 h11 y3de2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Mo<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>Hu<span class=\"_ _0\"></span>b Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l T<span class=\"_ _3\"></span>ec<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>gy L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc5 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc5 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc5 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc5 wcb8 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls66 ws71\">28\u2013Fe<span class=\"_ _0\"></span>b<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a44 y3cc5 wb36 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinar<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a45 y3cc5 w3ae h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1a9 ws1c9\">12<span class=\"_ _6\"></span>.6<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ne<span class=\"_ _0\"></span>wc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>tl<span class=\"_ _0\"></span>e Sc<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ce C<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>al D<span class=\"_ _0\"></span>eve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts L<span class=\"_ _0\"></span>LP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc6 wcb5 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc6 wcb6 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc6 wcb7 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a46 y3cc6 wad4 h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a47 y3cc6 waca h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a48 y3cc6 w9aa h145\"><div class=\"t m1 x1e4 h11 y323e ff129 fs2 fc0 sc0 ls8b ws8a\">33.<span class=\"_ _0\"></span>3<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de4 ff129 fs2 fc0 sc0 ls18f ws1ae\">NT<span class=\"_ _0\"></span>R Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d Man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc7 wcb9 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3cc7 wcba h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">FV<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4a y3cc7 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4b y3cc7 wae4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _6\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4c y3cc7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4d y3cc7 waf7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">25.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de5 ff129 fs2 fc0 sc0 ls18f ws1ae\">On<span class=\"_ _0\"></span>to Ho<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc8 wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cc8 wcb7 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a43 y3cc8 wad4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">31\u2013<span class=\"_ _6\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4e y3cc8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x3cf y3cc8 wf4 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls125 ws134\">10.<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d Uni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Pro<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Deve<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cc9 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cc9 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cc9 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cc9 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cc9 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cc9 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Pe<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t Ma<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cca w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3cca wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3cca wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a55 y3cca waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a56 y3cca waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a57 y3cca wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">4<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sa<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y Di<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t Ho<span class=\"_ _0\"></span>ld<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccb w758 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3ccb wcb6 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a54 y3ccb wcbd h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associat<span class=\"_ _3\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a58 y3ccb waee h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a59 y3ccb waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5a y3ccb w38c h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls66 ws71\">5<span class=\"_ _0\"></span>3.5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3de9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (A<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>bo<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccc wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccc wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccc wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccc wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccc waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccc wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dea ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>pa) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccd wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccd wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccd wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccd wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccd waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccd wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3deb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (B<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>oad<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e He<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>h) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cce wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cce wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cce wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cce wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cce waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5b y3cce wc19 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dec ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ca<span class=\"_ _0\"></span>dd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ccf wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ccf wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ccf wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ccf wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ccf waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ccf wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3ded ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Ch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>dl<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs Fo<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>d) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd0 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd0 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd0 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd0 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd0 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd0 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dee ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd1 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd1 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd1 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd1 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd1 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd1 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3def ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (D<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd2 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd2 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd2 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd2 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd2 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd2 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df0 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd3 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd3 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd3 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd3 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd3 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd3 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df1 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (E<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>e) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd4 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd4 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd4 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd4 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd4 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd4 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df2 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>nh<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd5 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd5 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd5 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd5 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd5 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd5 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df3 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (F<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ds) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c19 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c19 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c19 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c19 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c19 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c19 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df4 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (Gr<span class=\"_ _0\"></span>ea<span class=\"_ _0\"></span>t Le<span class=\"_ _0\"></span>ig<span class=\"_ _0\"></span>hs) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd6 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd6 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd6 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd6 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd6 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd6 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df5 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tea<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd7 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd7 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd7 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd7 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd7 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd7 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df6 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>l He<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ps<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd8 wcb5 h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd8 wcbb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd8 wcbc h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd8 wacb h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd8 waca h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd8 wb1b h146\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df7 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (H<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>an) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cd9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cd9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cd9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cd9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cd9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cd9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df8 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (K<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ow<span class=\"_ _0\"></span>le) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cda wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cda wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cda wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cda wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cda waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cda wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3df9 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>an Fa<span class=\"_ _0\"></span>rm) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c97 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c97 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c97 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c97 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c97 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c97 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfa ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (L<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ph<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>k) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c99 w758 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls118 ws132\">Jersey<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a53 y3c99 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ho<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5c y3c99 wcbe h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5d y3c99 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _6\"></span>e<span class=\"_ _0\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5e y3c99 wad3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a5f y3c99 waf7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">50.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfb ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>tch<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>s) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9b wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9b wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9b wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9b wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9b waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9b wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfc ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng C<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>on) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdb wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdb wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdb wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdb waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdb wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfd ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>mf<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3c9f wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3c9f wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3c9f wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3c9f wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3c9f waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3c9f wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dfe ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (S<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>y<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>-Th<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca1 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca1 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca1 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca1 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca1 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca1 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3dff ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tatt<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca2 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca2 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca2 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e00 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tunb<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>dg<span class=\"_ _0\"></span>e Wel<span class=\"_ _0\"></span>ls) Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ca3 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ca3 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ca3 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ca3 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ca3 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ca3 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e01 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Tur<span class=\"_ _0\"></span>vey) L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdc wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdc wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3cdc wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3cdc wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3cdc waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3cdc wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e02 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wal<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>rn) Li<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be8 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be8 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be8 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be8 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be8 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be8 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e03 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng (<span class=\"_ _0\"></span>Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>ck G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3be9 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3be9 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3be9 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3be9 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3be9 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3be9 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e04 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>r Li<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>ng F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce 1 Li<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bea wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bea wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bea wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bea wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bea waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bea wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e05 ff129 fs2 fc0 sc0 ls18f ws1ae\">Se<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>n Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e De<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ted A<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3beb wcb9 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4d wsfb\">Ireland<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a49 y3beb wcbf h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Eq<span class=\"_ _0\"></span>ui<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a60 y3beb wcc0 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a61 y3beb wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a62 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a63 y3beb w5c h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e06 ff129 fs2 fc0 sc0 ls18f ws1ae\">Sm<span class=\"_ _0\"></span>ar<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>65 F<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3cdd wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3cdd wcb6 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsc2 wsd0\">F<span class=\"_ _0\"></span>V<span class=\"_ _0\"></span>TPL<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a42 y3cdd wcb7 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsd8 ws13e\">Associate<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a64 y3cdd wcc1 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff12b fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>M<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>r<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a65 y3cdd waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a66 y3cdd w15d h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls30 ws3b\">4<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>.7<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e07 ff129 fs2 fc0 sc0 ls103 ws110\">SOJV LLP<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bed wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bed wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bed wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bed wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bed waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bed wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e08 ff129 fs2 fc0 sc0 ls18f ws1ae\">T<span class=\"_ _3\"></span>at<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>ll Ca<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>e Vil<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ge L<span class=\"_ _0\"></span>L<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3bee wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3bee wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3bee wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3bee wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3bee waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3bee wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e09 ff129 fs2 fc0 sc0 ls18f ws1ae\">War<span class=\"_ _0\"></span>w<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>k Ga<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>s LL<span class=\"_ _0\"></span>P<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba0 wcb5 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d an<span class=\"_ _0\"></span>d Wale<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a41 y3ba0 wcbb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">E<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a4f y3ba0 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a50 y3ba0 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a51 y3ba0 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a52 y3ba0 wb1b h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 h11 y3e0a ff129 fs2 fc0 sc0 ls18f ws1ae\">Wi<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh De<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>lo<span class=\"_ _0\"></span>pm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s (H<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>s) Lim<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted<span class=\"_ _3ad\"> </span></td><td class=\"c n x1a40 y3ba2 wcc2 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls8b ws8a\">Scotlan<span class=\"_ _0\"></span>d<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a67 y3ba2 wcc3 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Equ<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y Me<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>od<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a68 y3ba2 wcbc h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls18f ws1ae\">Joi<span class=\"_ _0\"></span>nt Ven<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a69 y3ba2 wacb h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 ls1c ws1f\">3<span class=\"_ _0\"></span>1\u2013<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>e<span class=\"_ _6\"></span>c<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6a y3ba2 waca h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsf5 ws103\">Ordinary<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6b y3ba2 wb20 h14d\"><div class=\"t m1 x1e4 h11 y3240 ff129 fs2 fc0 sc0 lsb9 wsc9\">5<span class=\"_ _0\"></span>0.0<span class=\"_ _3ad\"> </span></div></td></tr></table>15<span class=\"_ _3ad\"> </span>16<span class=\"_ _3ad\"> </span>17<span class=\"_ _3ad\"> </span>18<span class=\"_ _3ad\"> </span>19<span class=\"_ _3ad\"> </span>20<span class=\"_ _3ad\"> </span>21<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>22<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>23<span class=\"_ _3ad\"> </span>24<span class=\"_ _3ad\"> </span>1<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>3<span class=\"_ _3ad\"> </span>25<span class=\"_ _3ad\"> </span>1. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: O<span class=\"_ _0\"></span>ne C<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EC<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>R 5A<span class=\"_ _6\"></span>A<span class=\"_ _3ad\"> </span>2. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 11-<span class=\"_ _3\"></span>15 Sea<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Pl<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E4 0<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>H<span class=\"_ _3ad\"> </span>3. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>t 3 Ed<span class=\"_ _0\"></span>wa<span class=\"_ _0\"></span>lto<span class=\"_ _0\"></span>n B<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>s Pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, La<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dm<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e L<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>e, E<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>wal<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, No<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>G12 4<span class=\"_ _0\"></span>JL<span class=\"_ _3ad\"> </span>4. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 47 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>. H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>1 0B<span class=\"_ _0\"></span>D<span class=\"_ _3ad\"> </span>5. <span class=\"_ _19\"> </span>Br<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>ll P<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t Trus<span class=\"_ _0\"></span>t is c<span class=\"_ _0\"></span>las<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as a J<span class=\"_ _0\"></span>oi<span class=\"_ _0\"></span>nt Ve<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e be<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>au<span class=\"_ _0\"></span>se t<span class=\"_ _0\"></span>he G<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p do<span class=\"_ _0\"></span>es n<span class=\"_ _0\"></span>ot c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ro<span class=\"_ _0\"></span>l th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y<span class=\"_ _3ad\"> </span>6. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ma<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, En<span class=\"_ _0\"></span>gl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, M2 6<span class=\"_ _0\"></span>LW<span class=\"_ _3ad\"> </span>7<span class=\"_ _c\"></span>. <span class=\"_ _2b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Jo<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ne H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, 5<span class=\"_ _0\"></span>2-<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>4 R<span class=\"_ _0\"></span>os<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, A<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n, A<span class=\"_ _0\"></span>B<span class=\"_ _0\"></span>10 1<span class=\"_ _3\"></span>H<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>8. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bi<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ta I<span class=\"_ _0\"></span>nn<span class=\"_ _0\"></span>ova<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>, We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>e Ge<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>e Ca<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s, H<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>nx<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>br<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e, C<span class=\"_ _0\"></span>B10 1DR<span class=\"_ _3ad\"> </span>9. <span class=\"_ _19\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Le<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>l 12/1 N<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Ea<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>t Me<span class=\"_ _0\"></span>lb<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ne V<span class=\"_ _0\"></span>I<span class=\"_ _0\"></span>C 3<span class=\"_ _0\"></span>00<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span>10. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 8 Ma<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>na V<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ew, A<span class=\"_ _0\"></span>sia S<span class=\"_ _0\"></span>q<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>re Towe<span class=\"_ _0\"></span>r 1 Si<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>ap<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>re<span class=\"_ _3ad\"> </span>1<span class=\"_ _3\"></span>1. <span class=\"_ _6\"></span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: 3 O<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>rd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>ce L<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>W1H 0<span class=\"_ _0\"></span>BF<span class=\"_ _3ad\"> </span>12. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>t 80<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>x<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>ut<span class=\"_ _0\"></span>h H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>, Pi<span class=\"_ _0\"></span>ne S<span class=\"_ _6\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>, E<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>gla<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>d, E<span class=\"_ _0\"></span>C1R 0<span class=\"_ _0\"></span>JH<span class=\"_ _3ad\"> </span>13. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ka<span class=\"_ _0\"></span>o Da<span class=\"_ _0\"></span>ta C<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>pu<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>n Roa<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>ow, U<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ite<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, CM<span class=\"_ _0\"></span>17 9NA 14. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Mo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t We<span class=\"_ _0\"></span>ll<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>ton<span class=\"_ _0\"></span>, F<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>t, C<span class=\"_ _0\"></span>h<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>ewa<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r, Trur<span class=\"_ _0\"></span>o, C<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>nw<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l, T<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>4 8R<span class=\"_ _0\"></span>J<span class=\"_ _3ad\"> </span>15. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: C/O R<span class=\"_ _0\"></span>oxb<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>rg<span class=\"_ _0\"></span>h Mi<span class=\"_ _0\"></span>lk<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>s L<span class=\"_ _0\"></span>im<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed M<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rc<span class=\"_ _0\"></span>ha<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s H<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>se N<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>th<span class=\"_ _0\"></span>, Wap<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gd<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>1 4R<span class=\"_ _0\"></span>W<span class=\"_ _3ad\"> </span>16. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Fi<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e A<span class=\"_ _0\"></span>nd P<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ng N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, Ki<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>g\u2019s G<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>, N<span class=\"_ _0\"></span>ewc<span class=\"_ _0\"></span>as<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>le U<span class=\"_ _0\"></span>p<span class=\"_ _0\"></span>on Tyne<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, NE<span class=\"_ _0\"></span>1 7R<span class=\"_ _0\"></span>U<span class=\"_ _3ad\"> </span>17<span class=\"_ _c\"></span>. <span class=\"_ _b\"> </span>Re<span class=\"_ _0\"></span>gi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d offi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>: Bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>on C<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>ur<span class=\"_ _6\"></span>ton H<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>l D<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ve<span class=\"_ _0\"></span>, Sa<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>dy<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>d, D<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>bl<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>, D18 Y2<span class=\"_ _0\"></span>T<span class=\"_ _0\"></span>8 18. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Ai<span class=\"_ _0\"></span>ls<span class=\"_ _0\"></span>a Ho<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Wed<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>no<span class=\"_ _0\"></span>ck L<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>ne<span class=\"_ _0\"></span>, Wa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>wi<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>k<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ted K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, C<span class=\"_ _0\"></span>V3<span class=\"_ _0\"></span>4 5<span class=\"_ _0\"></span>YA<span class=\"_ _3ad\"> </span>19. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: Un<span class=\"_ _0\"></span>iv<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y O<span class=\"_ _0\"></span>ffi<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>, Wel<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>qu<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>, Ox<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rd<span class=\"_ _0\"></span>, U<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>, OX1 2<span class=\"_ _0\"></span>JD 20. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 4<span class=\"_ _0\"></span>4 E<span class=\"_ _0\"></span>sp<span class=\"_ _0\"></span>la<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>r, Je<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>4 9WG<span class=\"_ _3ad\"> </span>21. R<span class=\"_ _0\"></span>eg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 35<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>7 Ne<span class=\"_ _0\"></span>w S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, S<span class=\"_ _0\"></span>t H<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>lie<span class=\"_ _0\"></span>r, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>y, JE<span class=\"_ _0\"></span>2 3<span class=\"_ _0\"></span>R<span class=\"_ _0\"></span>A<span class=\"_ _3ad\"> </span>22<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 3r<span class=\"_ _0\"></span>d Fl<span class=\"_ _0\"></span>oo<span class=\"_ _0\"></span>r, On<span class=\"_ _0\"></span>e T<span class=\"_ _0\"></span>he E<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>pl<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>e, S<span class=\"_ _6\"></span>t He<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>er, J<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>ey, J<span class=\"_ _0\"></span>E2 3<span class=\"_ _0\"></span>Q<span class=\"_ _0\"></span>A 23<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1-2 V<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>a Bu<span class=\"_ _0\"></span>il<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs<span class=\"_ _0\"></span>, Ha<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>n Ro<span class=\"_ _0\"></span>ad<span class=\"_ _0\"></span>, D<span class=\"_ _0\"></span>ub<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Ir<span class=\"_ _0\"></span>el<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, 4 D0<span class=\"_ _0\"></span>4 X<span class=\"_ _0\"></span>N<span class=\"_ _0\"></span>32<span class=\"_ _3ad\"> </span>24<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1 Qu<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>n C<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>e S<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>, H<span class=\"_ _0\"></span>am<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>sm<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>, Lo<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>do<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Un<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed K<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>om<span class=\"_ _0\"></span>, W6 9Y<span class=\"_ _0\"></span>N<span class=\"_ _3ad\"> </span>25<span class=\"_ _0\"></span>. Reg<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ed o<span class=\"_ _0\"></span>ffic<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>: 1a Can<span class=\"_ _0\"></span>al V<span class=\"_ _0\"></span>ie<span class=\"_ _0\"></span>w, Wi<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>bu<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>, B<span class=\"_ _0\"></span>rox<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, Wes<span class=\"_ _0\"></span>t L<span class=\"_ _0\"></span>oth<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>, EH<span class=\"_ _0\"></span>52 6<span class=\"_ _0\"></span>FE",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-665": {
   "value": "<div class=\"t m1 h13 ff128 fsa fc5 sc0 ls4 ws3 gsaa9\">4<span class=\"_ _3\"></span>1 In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsaaa\">A str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y is <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d so <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>at voti<span class=\"_ _0\"></span>ng or sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r rig<span class=\"_ _0\"></span>hts ar<span class=\"_ _0\"></span>e not the do<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r in dec<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols th<span class=\"_ _0\"></span>e </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsaab\">en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h as <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n votin<span class=\"_ _0\"></span>g righ<span class=\"_ _0\"></span>ts mi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive tas<span class=\"_ _0\"></span>ks onl<span class=\"_ _0\"></span>y and the rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by means of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsaac\">ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g upo<span class=\"_ _0\"></span>n thei<span class=\"_ _0\"></span>r sta<span class=\"_ _0\"></span>tus<span class=\"_ _0\"></span>, are cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as eith<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted or<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsaad\">un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es as desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gsaae\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of trad<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t bac<span class=\"_ _0\"></span>ked se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res an<span class=\"_ _0\"></span>d Col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d Deb<span class=\"_ _0\"></span>t Obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls46 ws51 gsaaf\">(C<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>O<span class=\"_ _6\"></span>s);<span class=\"_ _6\"></span> <span class=\"_ _3\"></span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gsab0\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s, lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y bein<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s; and<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff12b fs0 fc4 sc0 ls0 ws0 gsab1\">\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">Sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>yse<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Iris<span class=\"_ _0\"></span>h Col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s (IC<span class=\"_ _0\"></span>A<span class=\"_ _3\"></span>Vs<span class=\"_ _3\"></span>), Op<span class=\"_ _0\"></span>en En<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab2\">(OEI<span class=\"_ _0\"></span>Cs), Soc<span class=\"_ _0\"></span>i\u00e9<span class=\"_ _0\"></span>t\u00e9s d<span class=\"_ _0\"></span>\u2019<span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t \u00e0 Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l V<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s (SICAVs<span class=\"_ _c\"></span>)<span class=\"_ _0\"></span>, Sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Fund<span class=\"_ _0\"></span>s (SIFs), Auth<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l Sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mes (AC<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>s), </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab3\">Qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng Inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Fund (QIA<span class=\"_ _0\"></span>IF<span class=\"_ _0\"></span>)<span class=\"_ _0\"></span>, Liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s, Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al Fund (CC<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>) and Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y unit tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab4\">Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in the ab<span class=\"_ _0\"></span>ove vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es are su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the term<span class=\"_ _0\"></span>s and con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons of the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab5\">do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d are sus<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le to marke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ies ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>es of those inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab6\">man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>kes inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t dec<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns af<span class=\"_ _0\"></span>ter ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive du<span class=\"_ _0\"></span>e dilig<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y and </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab7\">the ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le\u2019s mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab8\">Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es in the inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io are ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>o are com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by the resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsab9\">veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les for th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Suc<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed fe<span class=\"_ _0\"></span>e and a per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ve fee<span class=\"_ _0\"></span>, and is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsaba\">the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gsabb\">(a<span class=\"_ _c\"></span>) I<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsabc\">Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>re it has co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol over an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, tha<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d str<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ed en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up has<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsabd\">not pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and has no inte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial or oth<span class=\"_ _0\"></span>er su<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t to any othe<span class=\"_ _0\"></span>r str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> </div><div class=\"t m1 h4 ff128 fs0 fc4 sc0 ls0 ws3 gsabe\">(b) Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsabf\">As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>ts inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p also inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in unc<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ted s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up\u2019s inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsac0\">su<span class=\"_ _0\"></span>ch en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsac1\">was \u00a32<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>45<span class=\"_ _6\"></span>4m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>9,<span class=\"_ _0\"></span>867m)<span class=\"_ _3\"></span>. A summ<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in unco<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es is prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span></div><div class=\"gsac2\"><table class=\"s wa41 h1d9\" id=\"_9ca1e72d-57e2-424b-a713-25fa9dbc715e\"><tr><td></td><td class=\"t m1 x4a9 h1b y3e0b ff128 fs2 fc0 sc0 ls114 wsa1\">Financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y3e0c ff129 fs2 fc0 sc0 ls10b ws59\">Financial<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x449 h1b y3e0d ff128 fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1a6c h11 y3e0e ff12b fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3e0f ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3e10 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3e11 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3e12 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3e13 ff128 fs6 fc0 sc0 lsbe ws143\">Debt secu<span class=\"_ _0\"></span>rities<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3e14 ff129 fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>ed as:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3413 wcc4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t bac<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6d y3413 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">3,575<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6e y3413 wcc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>075<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3414 wcc6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns and d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78e y3414 w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">150<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1583 y3414 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3415 wcc7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls10 ws2f\">CDOs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181d y3415 w7a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls27 ws30\">69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6f y3415 w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3e15 ff128 fs6 fc0 sc0 ls4 wsd\">Investment funds<span class=\"_ _3\"></span> and Specialised inv<span class=\"_ _3\"></span>estment vehicles<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3e16 ff129 fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>ed as:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y324a wcc8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1a ws1c\">Unit trusts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a70 y324a w4a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a71 y324a wcc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b wcca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a72 y324b w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc7 wsd6\">881<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y324b w7c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea wccb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e trad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a73 y31ea w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">385<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1816 y31ea wccc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb wccd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls10 ws2f\">Liquidity funds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a74 y31eb wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">750<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a75 y31eb wcce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec wccf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a76 y31ec wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">189<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b1 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed wcd0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">OEICs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a77 y31ed w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc7 wsd6\">481<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a78 y31ed wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">245<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wcd1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">S<span class=\"_ _0\"></span>I<span class=\"_ _6\"></span>C<span class=\"_ _0\"></span>AVs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y31ee w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">386<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a79 y31ee wae h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls24 ws2a\">260<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c wcd2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">QI<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>IF IC<span class=\"_ _0\"></span>AVs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7a y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaa y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w8d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls117 ws126\">SI<span class=\"_ _0\"></span>Fs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7b y31cb w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7c y31cb wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wcd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y uni<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c7 y31cc w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7d y31cc w7b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7e y312a wcd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls11 ws3a\">23,454<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7f y312a wcd5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs204\">Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fee<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved for inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>s also re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts in un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs391\">alwa<span class=\"_ _0\"></span>ys main<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins an in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t in thos<span class=\"_ _0\"></span>e fund<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h it man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p does no<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, its ma<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>um ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs206\">is the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t in the Gro<span class=\"_ _0\"></span>up C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up do<span class=\"_ _0\"></span>es man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the ma<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>um ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re is the </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs392\">un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wit<span class=\"_ _0\"></span>h fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es.<span class=\"_ _0\"></span> </div>Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the asse<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of those st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> fee<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al par<span class=\"_ _6\"></span>ties<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span><table class=\"s wcd6 h1da\" id=\"_ed7ea698-a19b-40ef-83ac-c33a4bd96241\"><tr><td></td><td></td><td class=\"t m1 x1a80 h1b y3e17 ff128 fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1842 h11 y3e18 ff12b fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1a81 h1b y3e19 ff128 fs2 fc0 sc0 ls35 ws42\">management<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1012 h11 y3e1a ff12b fs2 fc0 sc0 ls3a ws46\">management<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1a82 h1b y3e1b ff128 fs2 fc0 sc0 ls14b ws167\">AUM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1685 h1b y3e1c ff128 fs2 fc0 sc0 ls37 ws44\">fees<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x435 h11 y3e1d ff129 fs2 fc0 sc0 ls103 ws110\">AUM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d4 h11 y3e1e ff12b fs2 fc0 sc0 ls14b ws167\">fees<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1a82 h1b y3e1f ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3e20 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x13e5 h11 y3e21 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3e22 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1a83 h1b y3e23 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y3e24 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3e25 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3e26 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cb wcd7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Investment funds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41f y32cb we4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">91,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a84 y32cb wcd8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a85 y32cb wcd9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">86<span class=\"_ _0\"></span>,037<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a86 y32cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39d0 wcda h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Specialised inv<span class=\"_ _3\"></span>estment vehicles<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a87 y39d0 w5fe h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls27 ws30\">30,624<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a88 y39d0 w978 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls150 ws2b\">61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a89 y39d0 w355 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">23<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>325<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8a y39d0 wf5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3e27 ff129 fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>ed as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cf w6c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">ACS<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8b y32cf w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">2,530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8c y32cf w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8d y32cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbe y32cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 wcd0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">OEICs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8e y32d0 w808 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">276<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8f y32d0 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a90 y32d0 w4bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">174<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd7 y32d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb wcd1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">S<span class=\"_ _0\"></span>I<span class=\"_ _6\"></span>C<span class=\"_ _0\"></span>AVs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a2 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a91 y31eb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a92 y31eb wcdb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls2d ws37\">891<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1580 y31eb we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec wcca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a93 y31ec wed h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">3,38<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a94 y31ec w9bb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a95 y31ec w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>305<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1841 y31ec w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed wccb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e trad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a96 y31ed w2d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a97 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a98 y31ed wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _b\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a99 y31ed w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wccf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9a y31ee w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9b y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9c y31ee w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9d y31ee we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wcdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls40 ws1a0\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9e y31ef w588 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">852<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9f y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa0 y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">7<span class=\"_ _6\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa1 y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wccd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls10 ws2f\">Liquidity funds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa2 y3225 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">303<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa3 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa4 y3225 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143a y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wcdd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">CCF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171c y31cc w5fc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">2,<span class=\"_ _0\"></span>762<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa5 y31cc w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa6 y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa7 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa8 y312a w3ef h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa9 y312a wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">185<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aaa y312a wcde h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>9,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table>No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nt sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip has be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>any of the ab<span class=\"_ _0\"></span>ove enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has not<span class=\"_ _0\"></span>, and has no inte<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, to prov<span class=\"_ _0\"></span>ide an<span class=\"_ _0\"></span>y sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l or othe<span class=\"_ _0\"></span>r sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t to any othe<span class=\"_ _0\"></span>r st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch it do<span class=\"_ _0\"></span>es not co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span>In add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion to the ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has an expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of \u00a32<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3188m) rela<span class=\"_ _0\"></span>ted to spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ose ve<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es and<span class=\"_ _0\"></span> ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for usin<span class=\"_ _0\"></span>g the equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y meth<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a carr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e on the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t as at <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 of <span class=\"_ _3\"></span>\u00a3n<span class=\"_ _0\"></span>il (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3nil<span class=\"_ _0\"></span>).",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInterestsInUnconsolidatedStructuredEntitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-710": {
   "value": "4<span class=\"_ _3\"></span>1 In<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ure<span class=\"_ _0\"></span>d e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span>A str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _6\"></span>y is <span class=\"_ _3\"></span>an en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y that has be<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n desi<span class=\"_ _0\"></span>gn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d so <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>at voti<span class=\"_ _0\"></span>ng or sim<span class=\"_ _0\"></span>ila<span class=\"_ _0\"></span>r rig<span class=\"_ _0\"></span>hts ar<span class=\"_ _0\"></span>e not the do<span class=\"_ _0\"></span>min<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>ng fac<span class=\"_ _0\"></span>to<span class=\"_ _0\"></span>r in dec<span class=\"_ _0\"></span>idi<span class=\"_ _0\"></span>ng wh<span class=\"_ _0\"></span>o con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ols th<span class=\"_ _0\"></span>e en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y, <span class=\"_ _3\"></span>su<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>h as <span class=\"_ _3\"></span>wh<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n votin<span class=\"_ _0\"></span>g righ<span class=\"_ _0\"></span>ts mi<span class=\"_ _0\"></span>gh<span class=\"_ _0\"></span>t rela<span class=\"_ _0\"></span>te to <span class=\"_ _3\"></span>ad<span class=\"_ _0\"></span>mi<span class=\"_ _0\"></span>nis<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ive tas<span class=\"_ _0\"></span>ks onl<span class=\"_ _0\"></span>y and the rel<span class=\"_ _0\"></span>eva<span class=\"_ _0\"></span>nt ac<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>vi<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s are dire<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d by means of con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span> ar<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s whi<span class=\"_ _0\"></span>ch<span class=\"_ _0\"></span>, de<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g upo<span class=\"_ _0\"></span>n thei<span class=\"_ _0\"></span>r sta<span class=\"_ _0\"></span>tus<span class=\"_ _0\"></span>, are cl<span class=\"_ _0\"></span>ass<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d as eith<span class=\"_ _0\"></span>er co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted or<span class=\"_ _0\"></span> un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>li<span class=\"_ _0\"></span>date<span class=\"_ _0\"></span>d st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es as desc<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">De<span class=\"_ _0\"></span>bt se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, con<span class=\"_ _0\"></span>sis<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ng of trad<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>al asse<span class=\"_ _0\"></span>t bac<span class=\"_ _0\"></span>ked se<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th sec<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>on and de<span class=\"_ _0\"></span>b<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>res an<span class=\"_ _0\"></span>d Col<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>d Deb<span class=\"_ _0\"></span>t Obl<span class=\"_ _0\"></span>iga<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span> </span>(C<span class=\"_ _0\"></span>D<span class=\"_ _0\"></span>O<span class=\"_ _6\"></span>s);<span class=\"_ _6\"></span> \u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s, lar<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>l<span class=\"_ _0\"></span>y bein<span class=\"_ _0\"></span>g uni<span class=\"_ _0\"></span>t tru<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s; and<span class=\"_ _0\"></span> </span>\u2022 <span class=\"_ _33\"> </span><span class=\"ff129 fc0\">Sp<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>cia<span class=\"_ _0\"></span>lis<span class=\"_ _0\"></span>ed inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s, an<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>yse<span class=\"_ _0\"></span>d bet<span class=\"_ _0\"></span>we<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>n Iris<span class=\"_ _0\"></span>h Col<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tive As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t-<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t V<span class=\"_ _3\"></span>e<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s (IC<span class=\"_ _0\"></span>A<span class=\"_ _3\"></span>Vs<span class=\"_ _3\"></span>), Op<span class=\"_ _0\"></span>en En<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>ani<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span> </span>(OEI<span class=\"_ _0\"></span>Cs), Soc<span class=\"_ _0\"></span>i\u00e9<span class=\"_ _0\"></span>t\u00e9s d<span class=\"_ _0\"></span>\u2019<span class=\"_ _0\"></span>Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>iss<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t \u00e0 Capi<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>l V<span class=\"_ _3\"></span>ar<span class=\"_ _0\"></span>iab<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s (SICAVs<span class=\"_ _c\"></span>)<span class=\"_ _0\"></span>, Sp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>ial<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d Inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt Fund<span class=\"_ _0\"></span>s (SIFs), Auth<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>ise<span class=\"_ _0\"></span>d Co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ra<span class=\"_ _0\"></span>ct<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>l Sch<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mes (AC<span class=\"_ _0\"></span>S<span class=\"_ _0\"></span>s), Qu<span class=\"_ _0\"></span>ali<span class=\"_ _0\"></span>f<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng Inve<span class=\"_ _0\"></span>sto<span class=\"_ _0\"></span>r Al<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>na<span class=\"_ _0\"></span>tive Inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t Fund (QIA<span class=\"_ _0\"></span>IF<span class=\"_ _0\"></span>)<span class=\"_ _0\"></span>, Liqu<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y fu<span class=\"_ _0\"></span>nd<span class=\"_ _0\"></span>s, Co<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>mo<span class=\"_ _0\"></span>n Con<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ac<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>al Fund (CC<span class=\"_ _0\"></span>F<span class=\"_ _0\"></span>) and Pro<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _6\"></span>y unit tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up\u2019s hold<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>gs in the ab<span class=\"_ _0\"></span>ove vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es are su<span class=\"_ _0\"></span>bje<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>t to the term<span class=\"_ _0\"></span>s and con<span class=\"_ _0\"></span>di<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ons of the res<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>ve inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>of<span class=\"_ _0\"></span>fe<span class=\"_ _0\"></span>ri<span class=\"_ _0\"></span>ng<span class=\"_ _0\"></span> do<span class=\"_ _0\"></span>cu<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>ion an<span class=\"_ _0\"></span>d are sus<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>pt<span class=\"_ _0\"></span>ib<span class=\"_ _0\"></span>le to marke<span class=\"_ _0\"></span>t pri<span class=\"_ _0\"></span>ce ris<span class=\"_ _0\"></span>k ari<span class=\"_ _0\"></span>sin<span class=\"_ _0\"></span>g fro<span class=\"_ _0\"></span>m unc<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>tai<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ies ab<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>t fu<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>e valu<span class=\"_ _0\"></span>es of those inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t vehic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s. Th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span> man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>er ma<span class=\"_ _0\"></span>kes inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t dec<span class=\"_ _0\"></span>is<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>ns af<span class=\"_ _0\"></span>ter ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ive du<span class=\"_ _0\"></span>e dilig<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>e of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e und<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>ly<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>e, in<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>ud<span class=\"_ _0\"></span>in<span class=\"_ _0\"></span>g con<span class=\"_ _0\"></span>sid<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>at<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>it<span class=\"_ _0\"></span>s str<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>y and the ove<span class=\"_ _0\"></span>ral<span class=\"_ _0\"></span>l qual<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>y of the und<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng inves<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>le\u2019s mana<span class=\"_ _0\"></span>ge<span class=\"_ _0\"></span>r.<span class=\"_ _3ad\"> </span>Al<span class=\"_ _0\"></span>l of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es in the inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fol<span class=\"_ _0\"></span>io are ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d by <span class=\"_ _3\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>lio ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs wh<span class=\"_ _0\"></span>o are com<span class=\"_ _0\"></span>pe<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d by the resp<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ive inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> veh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>les for th<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>r ser<span class=\"_ _0\"></span>v<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. Suc<span class=\"_ _0\"></span>h co<span class=\"_ _0\"></span>mp<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>sat<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n gen<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>all<span class=\"_ _0\"></span>y co<span class=\"_ _0\"></span>nsi<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s of <span class=\"_ _3\"></span>an ass<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>-<span class=\"_ _0\"></span>bas<span class=\"_ _0\"></span>ed fe<span class=\"_ _0\"></span>e and a per<span class=\"_ _0\"></span>fo<span class=\"_ _0\"></span>rm<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce re<span class=\"_ _0\"></span>late<span class=\"_ _0\"></span>d inc<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ve fee<span class=\"_ _0\"></span>, and is refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d in the val<span class=\"_ _0\"></span>ua<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n of <span class=\"_ _3\"></span>th<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t vehi<span class=\"_ _0\"></span>cl<span class=\"_ _0\"></span>es.<span class=\"_ _3ad\"> </span>(a<span class=\"_ _c\"></span>) I<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in c<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>Th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up has de<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>ine<span class=\"_ _0\"></span>d tha<span class=\"_ _0\"></span>t whe<span class=\"_ _0\"></span>re it has co<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>rol over an inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt ve<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>, tha<span class=\"_ _0\"></span>t inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t is a <span class=\"_ _c\"></span>c<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>nso<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d str<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ed en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>y. <span class=\"_ _3\"></span>T<span class=\"_ _0\"></span>he Gro<span class=\"_ _0\"></span>up has<span class=\"_ _0\"></span> not pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d<span class=\"_ _0\"></span>, and has no inte<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>tio<span class=\"_ _0\"></span>n to <span class=\"_ _3\"></span>pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>, fina<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>ial or oth<span class=\"_ _0\"></span>er su<span class=\"_ _0\"></span>pp<span class=\"_ _0\"></span>or<span class=\"_ _6\"></span>t to any othe<span class=\"_ _0\"></span>r str<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies wh<span class=\"_ _0\"></span>ic<span class=\"_ _0\"></span>h it doe<span class=\"_ _0\"></span>s not con<span class=\"_ _0\"></span>so<span class=\"_ _0\"></span>lid<span class=\"_ _0\"></span>ate.<span class=\"_ _0\"></span> (b) Int<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>ts i<span class=\"_ _0\"></span>n u<span class=\"_ _0\"></span>nc<span class=\"_ _0\"></span>on<span class=\"_ _0\"></span>sol<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ate<span class=\"_ _0\"></span>d s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _3ad\"> </span>As par<span class=\"_ _6\"></span>t of <span class=\"_ _3\"></span>i<span class=\"_ _0\"></span>ts inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t ac<span class=\"_ _0\"></span>tiv<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>, the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p also inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>s in unc<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>ted s<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>uc<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d en<span class=\"_ _0\"></span>tit<span class=\"_ _0\"></span>ies<span class=\"_ _0\"></span>. As at 31 <span class=\"_ _3\"></span>De<span class=\"_ _0\"></span>ce<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>be<span class=\"_ _0\"></span>r 202<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>, the Gro<span class=\"_ _0\"></span>up\u2019s inte<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>st in<span class=\"_ _0\"></span> su<span class=\"_ _0\"></span>ch en<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s refl<span class=\"_ _0\"></span>ec<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d on the Gro<span class=\"_ _0\"></span>up<span class=\"_ _0\"></span>\u2019s <span class=\"_ _3\"></span>Co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et an<span class=\"_ _0\"></span>d clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as finan<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s held at fai<span class=\"_ _0\"></span>r valu<span class=\"_ _0\"></span>e thro<span class=\"_ _0\"></span>ug<span class=\"_ _0\"></span>h pro<span class=\"_ _0\"></span>fit or lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> was \u00a32<span class=\"_ _0\"></span>3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>45<span class=\"_ _6\"></span>4m (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a31<span class=\"_ _3\"></span>9,<span class=\"_ _0\"></span>867m)<span class=\"_ _3\"></span>. A summ<span class=\"_ _0\"></span>ar<span class=\"_ _0\"></span>y of the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p\u2019s <span class=\"_ _3\"></span>in<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>s in unco<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es is prov<span class=\"_ _0\"></span>id<span class=\"_ _0\"></span>ed be<span class=\"_ _0\"></span>low<span class=\"_ _0\"></span>:<span class=\"_ _3ad\"> </span><table class=\"s wa41 h1d9\" id=\"_9ca1e72d-57e2-424b-a713-25fa9dbc715e\"><tr><td></td><td class=\"t m1 x4a9 h1b y3e0b ff128 fs2 fc0 sc0 ls114 wsa1\">Financial<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1df h11 y3e0c ff129 fs2 fc0 sc0 ls10b ws59\">Financial<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x449 h1b y3e0d ff128 fs2 fc0 sc0 ls35 ws42\">investments<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1a6c h11 y3e0e ff12b fs2 fc0 sc0 lsf5 ws103\">inves<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e0 h1b y3e0f ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e1 h11 y3e10 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1e2 h1b y3e11 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1e3 h11 y3e12 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"t m1 x1ec he y3e13 ff128 fs6 fc0 sc0 lsbe ws143\">Debt secu<span class=\"_ _0\"></span>rities<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3e14 ff129 fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>ed as:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y3413 wcc4 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">As<span class=\"_ _0\"></span>se<span class=\"_ _0\"></span>t bac<span class=\"_ _0\"></span>ke<span class=\"_ _0\"></span>d sec<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tie<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6d y3413 w320 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">3,575<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6e y3413 wcc5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8 ws7\">3<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>075<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3414 wcc6 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Se<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>i<span class=\"_ _0\"></span>tis<span class=\"_ _0\"></span>ati<span class=\"_ _0\"></span>o<span class=\"_ _0\"></span>ns and d<span class=\"_ _0\"></span>eb<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x78e y3414 w2a1 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">150<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1583 y3414 wa8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1a ws2c\">203<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3415 wcc7 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls10 ws2f\">CDOs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x181d y3415 w7a6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls27 ws30\">69<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a6f y3415 w144 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsdf wsdb\">66<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x1ec he y3e15 ff128 fs6 fc0 sc0 ls4 wsd\">Investment funds<span class=\"_ _3\"></span> and Specialised inv<span class=\"_ _3\"></span>estment vehicles<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"t m1 x1ec ha y3e16 ff129 fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>ed as:<span class=\"_ _3ad\"> </span></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y324a wcc8 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls1a ws1c\">Unit trusts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a70 y324a w4a7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>8<span class=\"_ _6\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a71 y324a wcc9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _0\"></span>,16<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324b wcca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a72 y324b w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc7 wsd6\">881<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x8b5 y324b w7c5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls1d ws32\">899<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ea wccb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e trad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a73 y31ea w47f h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lse ws28\">385<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1816 y31ea wccc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">18<span class=\"_ _6\"></span>5<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb wccd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls10 ws2f\">Liquidity funds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a74 y31eb wa0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls78 ws7f\">750<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a75 y31eb wcce h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">74<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec wccf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a76 y31ec wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">189<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13b1 y31ec w46e h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls116 ws123\">83<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed wcd0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">OEICs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a77 y31ed w7a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsc7 wsd6\">481<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a78 y31ed wd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">245<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wcd1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">S<span class=\"_ _0\"></span>I<span class=\"_ _6\"></span>C<span class=\"_ _0\"></span>AVs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1542 y31ee w183 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls16 ws25\">386<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a79 y31ee wae h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls24 ws2a\">260<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y324c wcd2 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">QI<span class=\"_ _0\"></span>A<span class=\"_ _0\"></span>IF IC<span class=\"_ _0\"></span>AVs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7a y324c w10a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbaa y324c w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cb w8d9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls117 ws126\">SI<span class=\"_ _0\"></span>Fs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7b y31cb w52a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls171 ws191\">4<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>0<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7c y31cb wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls8c ws8f\">1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>18<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wcd3 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y uni<span class=\"_ _0\"></span>t tr<span class=\"_ _0\"></span>us<span class=\"_ _0\"></span>ts<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x9c7 y31cc w2f0 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1c ws1f\">10<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7d y31cc w7b0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls169 ws187\">12<span class=\"_ _6\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7e y312a wcd4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls11 ws3a\">23,454<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a7f y312a wcd5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>7<span class=\"_ _3ad\"> </span></div></td></tr></table>Ma<span class=\"_ _0\"></span>nag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt fee<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved for inve<span class=\"_ _0\"></span>st<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>s that th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>s also re<span class=\"_ _0\"></span>pr<span class=\"_ _0\"></span>ese<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>t inte<span class=\"_ _0\"></span>res<span class=\"_ _0\"></span>ts in un<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, and the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p alwa<span class=\"_ _0\"></span>ys main<span class=\"_ _0\"></span>ta<span class=\"_ _0\"></span>ins an in<span class=\"_ _0\"></span>ter<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>t in thos<span class=\"_ _0\"></span>e fund<span class=\"_ _0\"></span>s whic<span class=\"_ _0\"></span>h it man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es. W<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>re the Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p does no<span class=\"_ _0\"></span>t mana<span class=\"_ _0\"></span>ge the inve<span class=\"_ _0\"></span>s<span class=\"_ _0\"></span>tme<span class=\"_ _0\"></span>n<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, its ma<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>um ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>sur<span class=\"_ _0\"></span>e to <span class=\"_ _3\"></span>lo<span class=\"_ _0\"></span>ss<span class=\"_ _0\"></span> is the ca<span class=\"_ _0\"></span>rr<span class=\"_ _6\"></span>yin<span class=\"_ _0\"></span>g amo<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>t in the Gro<span class=\"_ _0\"></span>up C<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>ted Ba<span class=\"_ _0\"></span>lan<span class=\"_ _0\"></span>ce S<span class=\"_ _0\"></span>he<span class=\"_ _0\"></span>et<span class=\"_ _0\"></span>. Wh<span class=\"_ _0\"></span>er<span class=\"_ _0\"></span>e the Gro<span class=\"_ _0\"></span>up do<span class=\"_ _0\"></span>es man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>e thes<span class=\"_ _0\"></span>e inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>ts<span class=\"_ _0\"></span>, the ma<span class=\"_ _0\"></span>xim<span class=\"_ _0\"></span>um ex<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re is the un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>rl<span class=\"_ _0\"></span>yi<span class=\"_ _0\"></span>ng bal<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>ce sh<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t valu<span class=\"_ _0\"></span>e, tog<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>the<span class=\"_ _0\"></span>r wit<span class=\"_ _0\"></span>h fut<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>e manag<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>me<span class=\"_ _0\"></span>nt fe<span class=\"_ _0\"></span>es.<div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsac4\">Th<span class=\"_ _0\"></span>e tab<span class=\"_ _0\"></span>le be<span class=\"_ _0\"></span>low sho<span class=\"_ _0\"></span>ws the asse<span class=\"_ _0\"></span>ts un<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>r man<span class=\"_ _0\"></span>age<span class=\"_ _0\"></span>m<span class=\"_ _0\"></span>en<span class=\"_ _0\"></span>t of those st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tu<span class=\"_ _0\"></span>re<span class=\"_ _0\"></span>d ent<span class=\"_ _0\"></span>iti<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch th<span class=\"_ _0\"></span>e Gro<span class=\"_ _0\"></span>up man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>, toge<span class=\"_ _0\"></span>th<span class=\"_ _0\"></span>er wi<span class=\"_ _0\"></span>th inves<span class=\"_ _0\"></span>tm<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt man<span class=\"_ _0\"></span>ag<span class=\"_ _0\"></span>em<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gsac5\">fee<span class=\"_ _0\"></span>s rec<span class=\"_ _0\"></span>ei<span class=\"_ _0\"></span>ved fro<span class=\"_ _0\"></span>m ex<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>rn<span class=\"_ _0\"></span>al par<span class=\"_ _6\"></span>ties<span class=\"_ _0\"></span>.<span class=\"_ _3ad\"> </span></div><div class=\"gs86e\"><table class=\"s wcd6 h1da\" id=\"_ed7ea698-a19b-40ef-83ac-c33a4bd96241\"><tr><td></td><td></td><td class=\"t m1 x1a80 h1b y3e17 ff128 fs2 fc0 sc0 ls170 ws161\">Inve<span class=\"_ _3\"></span>stment<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1842 h11 y3e18 ff12b fs2 fc0 sc0 ls34 ws41\">Investment<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td></td><td class=\"t m1 x1a81 h1b y3e19 ff128 fs2 fc0 sc0 ls35 ws42\">management<span class=\"_ _3ad\"> </span></td><td></td><td class=\"t m1 x1012 h11 y3e1a ff12b fs2 fc0 sc0 ls3a ws46\">management<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1a82 h1b y3e1b ff128 fs2 fc0 sc0 ls14b ws167\">AUM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x1685 h1b y3e1c ff128 fs2 fc0 sc0 ls37 ws44\">fees<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x435 h11 y3e1d ff129 fs2 fc0 sc0 ls103 ws110\">AUM<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x8d4 h11 y3e1e ff12b fs2 fc0 sc0 ls14b ws167\">fees<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1a82 h1b y3e1f ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x5b9 h1b y3e20 ff128 fs2 fc0 sc0 ls3a ws46\">2023<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x13e5 h11 y3e21 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x226 h11 y3e22 ff129 fs2 fc0 sc0 ls132 ws12c\">2022<span class=\"_ _3ad\"> </span></td></tr><tr><td></td><td class=\"t m1 x1a83 h1b y3e23 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x405 h1b y3e24 ff128 fs2 fc0 sc0 ls172 ws18f\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x409 h11 y3e25 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td><td class=\"t m1 x228 h11 y3e26 ff12b fs2 fc0 sc0 ls113 ws122\">\u00a3m<span class=\"_ _3ad\"> </span></td></tr><tr><td class=\"c n x1e5 y32cb wcd7 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Investment funds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x41f y32cb we4 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">91,<span class=\"_ _6\"></span>2<span class=\"_ _0\"></span>5<span class=\"_ _0\"></span>6<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a84 y32cb wcd8 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a85 y32cb wcd9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lse ws28\">86<span class=\"_ _0\"></span>,037<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a86 y32cb waf h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls68 ws130\">13<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y39d0 wcda h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 wsd\">Specialised inv<span class=\"_ _3\"></span>estment vehicles<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a87 y39d0 w5fe h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls27 ws30\">30,624<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a88 y39d0 w978 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls150 ws2b\">61<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a89 y39d0 w355 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">23<span class=\"_ _0\"></span>,<span class=\"_ _0\"></span>325<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8a y39d0 wf5 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsb3 wsbe\">60<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"t m1 x229 ha y3e27 ff129 fs6 fc0 sc0 lsd ws15\">An<span class=\"_ _0\"></span>al<span class=\"_ _0\"></span>ys<span class=\"_ _0\"></span>ed as:<span class=\"_ _3ad\"> </span></td><td></td><td></td><td></td><td></td></tr><tr><td class=\"c n x1e5 y32cf w6c9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls53 ws1e\">ACS<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8b y32cf w7b6 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls13 ws17\">2,530<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8c y32cf w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8d y32cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbbe y32cf w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y32d0 wcd0 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls11 ws3a\">OEICs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8e y32d0 w808 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">276<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a8f y32d0 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a90 y32d0 w4bd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls150 ws2b\">174<span class=\"_ _3ad\"> </span></div></td><td class=\"c n xbd7 y32d0 w136 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">\u2013<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31eb wcd1 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">S<span class=\"_ _0\"></span>I<span class=\"_ _6\"></span>C<span class=\"_ _0\"></span>AVs<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x13a2 y31eb w5e h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 lsf4 ws102\">1,9<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a91 y31eb w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a92 y31eb wcdb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls2d ws37\">891<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1580 y31eb we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ec wcca h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">Pr<span class=\"_ _0\"></span>op<span class=\"_ _0\"></span>er<span class=\"_ _6\"></span>t<span class=\"_ _0\"></span>y lim<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ed pa<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>tn<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>rs<span class=\"_ _0\"></span>hi<span class=\"_ _0\"></span>ps<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a93 y31ec wed h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1a ws2c\">3,38<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a94 y31ec w9bb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls20 ws23\">16<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a95 y31ec w491 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsbe wsce\">4,<span class=\"_ _0\"></span>305<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1841 y31ec w94 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls19 ws1a\">21<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ed wccb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsd ws15\">E<span class=\"_ _0\"></span>xch<span class=\"_ _0\"></span>an<span class=\"_ _0\"></span>g<span class=\"_ _0\"></span>e trad<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>d fun<span class=\"_ _0\"></span>ds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a96 y31ed w2d3 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls126 ws142\">11<span class=\"_ _0\"></span>,1<span class=\"_ _0\"></span>2<span class=\"_ _6\"></span>7<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a97 y31ed w18a h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4e ws5a\">29<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a98 y31ed wcd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _b\"></span>6<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>9<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a99 y31ed w78 h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls4e ws5a\">25<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ee wccf h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls20 ws23\">I<span class=\"_ _0\"></span>C<span class=\"_ _0\"></span>AV<span class=\"_ _0\"></span>s<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9a y31ee w202 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls124 ws133\">7,<span class=\"_ _6\"></span>4<span class=\"_ _6\"></span>3<span class=\"_ _6\"></span>4<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9b y31ee w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9c y31ee w31e h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls16b ws189\">7,<span class=\"_ _6\"></span>7<span class=\"_ _6\"></span>5<span class=\"_ _6\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9d y31ee we9 h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">8<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31ef wcdc h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls40 ws1a0\">QIAIF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9e y31ef w588 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls19 ws1a\">852<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1a9f y31ef w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa0 y31ef w25d h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsc8 wsd7\">7<span class=\"_ _6\"></span>15<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa1 y31ef w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y3225 wccd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls10 ws2f\">Liquidity funds<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa2 y3225 w540 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1d ws32\">303<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa3 y3225 w8c h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa4 y3225 w2eb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls27 ws30\">270<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x143a y3225 w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y31cc wcdd h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14 ws2d\">CCF<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x171c y31cc w5fc h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls2c ws36\">2,<span class=\"_ _0\"></span>762<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa5 y31cc w122 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa6 y31cc wbb h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsa6 ws165\">1,<span class=\"_ _6\"></span>5<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>1<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa7 y31cc w5c h12e\"><div class=\"t m1 x1e4 ha y3036 ff12b fs6 fc0 sc0 ls4 ws3\">2<span class=\"_ _3ad\"> </span></div></td></tr><tr><td class=\"c n x1e5 y312a w1d2 h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls4 ws3\">T<span class=\"_ _c\"></span>otal<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa8 y312a w3ef h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls1e ws21\">12<span class=\"_ _0\"></span>1,<span class=\"_ _6\"></span>8<span class=\"_ _0\"></span>8<span class=\"_ _0\"></span>0<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aa9 y312a wcb h130\"><div class=\"t m1 x1e4 ha y3036 ff128 fs6 fc0 sc0 ls21 ws24\">185<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x1aaa y312a wcde h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 lsf4 ws102\">10<span class=\"_ _6\"></span>9,<span class=\"_ _6\"></span>3<span class=\"_ _0\"></span>6<span class=\"_ _0\"></span>2<span class=\"_ _3ad\"> </span></div></td><td class=\"c n x633 y312a w12c h12e\"><div class=\"t m1 x1e4 ha y3036 ff129 fs6 fc0 sc0 ls14c ws16a\">19<span class=\"_ _0\"></span>8<span class=\"_ _3ad\"> </span></div></td></tr></table></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4ca\">No sig<span class=\"_ _0\"></span>ni<span class=\"_ _0\"></span>fic<span class=\"_ _0\"></span>a<span class=\"_ _0\"></span>nt sp<span class=\"_ _0\"></span>ons<span class=\"_ _0\"></span>or<span class=\"_ _0\"></span>sh<span class=\"_ _0\"></span>ip has be<span class=\"_ _0\"></span>en pr<span class=\"_ _0\"></span>ovi<span class=\"_ _0\"></span>de<span class=\"_ _0\"></span>d to <span class=\"_ _3\"></span>any of the ab<span class=\"_ _0\"></span>ove enti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es<span class=\"_ _0\"></span>. The Gr<span class=\"_ _0\"></span>ou<span class=\"_ _0\"></span>p has not<span class=\"_ _0\"></span>, and has no inte<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span>io<span class=\"_ _0\"></span>n, to prov<span class=\"_ _0\"></span>ide an<span class=\"_ _0\"></span>y sign<span class=\"_ _0\"></span>ifi<span class=\"_ _0\"></span>ca<span class=\"_ _0\"></span>nt<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4cb\">fin<span class=\"_ _0\"></span>anc<span class=\"_ _0\"></span>ia<span class=\"_ _0\"></span>l or othe<span class=\"_ _0\"></span>r sup<span class=\"_ _0\"></span>po<span class=\"_ _0\"></span>r<span class=\"_ _0\"></span>t to any othe<span class=\"_ _0\"></span>r st<span class=\"_ _0\"></span>ru<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>tur<span class=\"_ _0\"></span>ed e<span class=\"_ _0\"></span>nti<span class=\"_ _0\"></span>ti<span class=\"_ _0\"></span>es whi<span class=\"_ _0\"></span>ch it do<span class=\"_ _0\"></span>es not co<span class=\"_ _0\"></span>ns<span class=\"_ _0\"></span>oli<span class=\"_ _0\"></span>da<span class=\"_ _0\"></span>te.<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4c3\">In add<span class=\"_ _0\"></span>it<span class=\"_ _0\"></span>ion to the ab<span class=\"_ _0\"></span>ove, th<span class=\"_ _0\"></span>e Grou<span class=\"_ _0\"></span>p has an expo<span class=\"_ _0\"></span>su<span class=\"_ _0\"></span>re of \u00a32<span class=\"_ _0\"></span>39<span class=\"_ _0\"></span>m (202<span class=\"_ _0\"></span>2: \u00a3188m) rela<span class=\"_ _0\"></span>ted to spe<span class=\"_ _0\"></span>ci<span class=\"_ _0\"></span>al pu<span class=\"_ _0\"></span>rp<span class=\"_ _0\"></span>ose ve<span class=\"_ _0\"></span>hic<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>s clas<span class=\"_ _0\"></span>si<span class=\"_ _0\"></span>fie<span class=\"_ _0\"></span>d as join<span class=\"_ _0\"></span>t vent<span class=\"_ _0\"></span>ur<span class=\"_ _0\"></span>es and<span class=\"_ _0\"></span> </div><div class=\"t m1 h2 ff129 fs0 fc0 sc0 ls0 ws0 gs4c4\">ac<span class=\"_ _0\"></span>co<span class=\"_ _0\"></span>un<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d for usin<span class=\"_ _0\"></span>g the equ<span class=\"_ _0\"></span>it<span class=\"_ _6\"></span>y meth<span class=\"_ _0\"></span>od<span class=\"_ _0\"></span>, wi<span class=\"_ _0\"></span>th a carr<span class=\"_ _6\"></span>yi<span class=\"_ _0\"></span>ng valu<span class=\"_ _0\"></span>e on the Gro<span class=\"_ _0\"></span>u<span class=\"_ _0\"></span>p Cons<span class=\"_ _0\"></span>ol<span class=\"_ _0\"></span>ida<span class=\"_ _0\"></span>te<span class=\"_ _0\"></span>d Balan<span class=\"_ _0\"></span>c<span class=\"_ _0\"></span>e She<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>t as at <span class=\"_ _3\"></span>31 Dec<span class=\"_ _0\"></span>e<span class=\"_ _0\"></span>mb<span class=\"_ _0\"></span>er 20<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>3 of <span class=\"_ _3\"></span>\u00a3n<span class=\"_ _0\"></span>il (202<span class=\"_ _0\"></span>2<span class=\"_ _0\"></span>: \u00a3nil<span class=\"_ _0\"></span>).</div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  },
  "fact-631": {
   "value": "<div class=\"t m1 h2 ff13f fs0 fc0 sc0 ls0 ws3 gs157\">On<span class=\"_ _0\"></span>e Co<span class=\"_ _0\"></span>le<span class=\"_ _0\"></span>ma<span class=\"_ _0\"></span>n S<span class=\"_ _0\"></span>tr<span class=\"_ _0\"></span>ee<span class=\"_ _0\"></span>t<span class=\"_ _0\"></span>,<span class=\"_ _3ad\"> </span></div><div class=\"t m1 h2 ff13f fs0 fc0 sc0 ls5d ws68 gs158\">London E<span class=\"_ _3\"></span>C2R 5A<span class=\"_ _0\"></span>A</div>",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "en",
    "entity": "scheme:213800JH9QQWHLO99821",
    "period": "2023-01-01T00:00:00/2024-01-01T00:00:00"
   }
  }
 }
}